Ritchie Bros. Auctioneers Inc (TSE:RBA) (NYSE:RBA) – Northcoast Research raised their Q3 2019 earnings per share estimates for Ritchie Bros. Auctioneers in a report released on Monday, August 12th. Northcoast Research analyst J. Healy now expects that the company will post earnings of $0.35 per share for the quarter, up from their prior estimate of $0.26. Northcoast Research also issued estimates for Ritchie Bros. Auctioneers’ Q4 2019 earnings at $0.45 EPS, FY2019 earnings at $1.66 EPS and FY2020 earnings at $1.95 EPS.
TSE:RBA opened at C$51.01 on Wednesday. The company has a quick ratio of 0.84, a current ratio of 1.24 and a debt-to-equity ratio of 85.30. The company has a market cap of $5.37 billion and a P/E ratio of 42.87. Ritchie Bros. Auctioneers has a fifty-two week low of C$41.38 and a fifty-two week high of C$51.20. The firm’s 50 day moving average is C$46.31 and its two-hundred day moving average is C$46.32.
About Ritchie Bros. Auctioneers
Ritchie Bros. Auctioneers Incorporated, an asset management and disposition company, sells industrial equipment and other durable assets through its unreserved live on site auctions, online marketplaces, listing services, and private brokerage services. The company sells a range of used and unused equipment, including earthmoving equipment, truck trailers, government surplus, oil and gas equipment, and other industrial assets, as well as construction and heavy machinery.
Recommended Story: How Does the Quiet Period Work?
Receive News & Ratings for Ritchie Bros. Auctioneers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ritchie Bros. Auctioneers and related companies with MarketBeat.com's FREE daily email newsletter.