$92.76
0.43% yesterday
NYSE, Nov 15, 10:10 pm CET
ISIN
CA7677441056
Symbol
RBA

Ritchie Bros. Auctioneers Incorporated Target price 2024 - Analyst rating & recommendation

Ritchie Bros. Auctioneers Incorporated Classifications & Recommendation:

Buy
80%
Hold
10%
Sell
10%

Ritchie Bros. Auctioneers Incorporated Price Target

Target Price $102.63
Price $92.76
Potential
Number of Estimates 8
8 Analysts have issued a price target Ritchie Bros. Auctioneers Incorporated 2025 . The average Ritchie Bros. Auctioneers Incorporated target price is $102.63. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 10 analysts: 8 Analysts recommend Ritchie Bros. Auctioneers Incorporated to buy, 1 to hold and 1 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Ritchie Bros. Auctioneers Incorporated stock has an average upside potential 2025 of . Most analysts recommend the Ritchie Bros. Auctioneers Incorporated stock at Purchase.

Sales and Margin forecast 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Revenue Billion $ 3.68 4.21
112.23% 14.34%
EBITDA Margin 31.16% 29.92%
23.76% 3.98%
Net Margin 5.21% 11.90%
82.87% 128.31%

9 Analysts have issued a sales forecast Ritchie Bros. Auctioneers Incorporated 2024 . The average Ritchie Bros. Auctioneers Incorporated sales estimate is

$4.2b
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. This is
0.57% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$4.3b 2.64%
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, the lowest is
$4.2b 0.27%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $3.7b 112.23%
2024
$4.2b 14.34%
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2025
$4.4b 4.06%
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2026
$4.6b 4.77%
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9 Analysts have issued an Ritchie Bros. Auctioneers Incorporated EBITDA forecast 2024. The average Ritchie Bros. Auctioneers Incorporated EBITDA estimate is

$1.3b
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. This is
6.91% lower
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$1.3b 6.26%
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, the lowest is
$1.2b 8.67%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $1.1b 162.65%
2024
$1.3b 9.79%
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2025
$1.3b 4.67%
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2026
$1.4b 5.39%
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EBITDA Margin

2023 31.16% 23.76%
2024
29.92% 3.98%
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2025
30.10% 0.60%
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2026
30.28% 0.60%
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5 Ritchie Bros. Auctioneers Incorporated Analysts have issued a net profit forecast 2024. The average Ritchie Bros. Auctioneers Incorporated net profit estimate is

$501m
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. This is
47.60% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$625m 84.24%
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, the lowest is
$352m 3.80%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $192m 63.64%
2024
$501m 161.14%
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2025
$609m 21.60%
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2026
$762m 25.07%
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Net Margin

2023 5.21% 82.87%
2024
11.90% 128.31%
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2025
13.91% 16.89%
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2026
16.61% 19.41%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ 1.04 2.72
63.64% 161.54%
P/E 34.15
EV/Sales 5.06

5 Analysts have issued a Ritchie Bros. Auctioneers Incorporated forecast for earnings per share. The average Ritchie Bros. Auctioneers Incorporated <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$2.72
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. This is
47.83% higher
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$3.39 84.24%
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, the lowest is
$1.91 3.80%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $1.04 63.64%
2024
$2.72 161.54%
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2025
$3.30 21.32%
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2026
$4.13 25.15%
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P/E ratio

Current 50.47 22.26%
2024
34.15 32.34%
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2025
28.09 17.75%
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2026
22.46 20.04%
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Based on analysts' sales estimates for 2024, the Ritchie Bros. Auctioneers Incorporated stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 5.08 18.46%
2024
5.06 0.48%
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2025
4.86 3.90%
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2026
4.64 4.56%
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P/S ratio

Current 4.09 7.64%
2024
4.07 0.56%
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2025
3.91 3.90%
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2026
3.73 4.56%
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