RB Global Q3 2024 Earnings Preview
About 715827949 percent of RB Global's investors are aggressively looking to sell. The analysis of overall sentiment of trading RB Global stock suggests that a very large number of investors are panicking at this time. The current market sentiment, together with RB Global's historical and current headlines, can help investors time the market. In addition, many technical investors use RB Global stock news signals to limit their universe of possible portfolio assets.
RBA |
RB Global will announce Q3 earnings on 118. Consensus EPS estimate is 0.64, revenue estimate is 1.02B.
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RB Global Fundamental Analysis
We analyze RB Global's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of RB Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of RB Global based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Return On Asset
Return On Asset Comparative Analysis
RB Global is currently under evaluation in return on asset category among its peers. Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
RB Global Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with RB Global stock to make a market-neutral strategy. Peer analysis of RB Global could also be used in its relative valuation, which is a method of valuing RB Global by comparing valuation metrics with similar companies.
Peers
RB Global Related Equities
| RELX | Relx PLC | 0.18 | ||||
| MMS | Maximus | 0.16 | ||||
| CBZ | CBIZ | 0.29 | ||||
| ARMK | Aramark Holdings | 0.47 | ||||
| CVEO | Civeo Corp | 0.61 | ||||
| CPRT | Copart | 0.88 | ||||
| TRI | Thomson Reuters | 0.97 | ||||
| RTO | Rentokil Initial | 1.17 | ||||
| CTAS | Cintas | 1.47 | ||||
| ABM | ABM Industries | 1.78 | ||||
| GPN | Global Payments | 1.96 | ||||
| FA | First Advantage | 2.04 | ||||
| AZZ | AZZ Incorporated | 2.05 | ||||
| CASS | Cass Information | 2.50 |
Complementary Tools for RBA Stock analysis
When running RB Global's price analysis, check to measure RB Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy RB Global is operating at the current time. Most of RB Global's value examination focuses on studying past and present price action to predict the probability of RB Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RB Global's price. Additionally, you may evaluate how the addition of RB Global to your portfolios can decrease your overall portfolio volatility.
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