Ritchie Bros Auctioneers Stock Shares Outstanding

RBA Stock  CAD 98.80  2.05  2.12%   
Ritchie Bros Auctioneers fundamentals help investors to digest information that contributes to Ritchie Bros' financial success or failures. It also enables traders to predict the movement of Ritchie Stock. The fundamental analysis module provides a way to measure Ritchie Bros' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Ritchie Bros stock.
As of the 7th of May 2024, Common Stock Shares Outstanding is likely to drop to about 118.2 M.
  
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Ritchie Bros Auctioneers Company Shares Outstanding Analysis

Ritchie Bros' Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Shares Outstanding

 = 

Public Shares

-

Repurchased

More About Shares Outstanding | All Equity Analysis

Current Ritchie Bros Shares Outstanding

    
  183.28 M  
Most of Ritchie Bros' fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ritchie Bros Auctioneers is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Ritchie Shares Outstanding Driver Correlations

Understanding the fundamental principles of building solid financial models for Ritchie Bros is extremely important. It helps to project a fair market value of Ritchie Stock properly, considering its historical fundamentals such as Shares Outstanding. Since Ritchie Bros' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Ritchie Bros' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Ritchie Bros' interrelated accounts and indicators.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Competition

Ritchie Common Stock Shares Outstanding

Common Stock Shares Outstanding

118.15 Million

At this time, Ritchie Bros' Common Stock Shares Outstanding is very stable compared to the past year.
Based on the latest financial disclosure, Ritchie Bros Auctioneers has 183.28 M of shares currently outstending. This is 25.76% higher than that of the Commercial Services & Supplies sector and significantly higher than that of the Industrials industry. The shares outstanding for all Canada stocks is 67.95% higher than that of the company.

Ritchie Shares Outstanding Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ritchie Bros' direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ritchie Bros could also be used in its relative valuation, which is a method of valuing Ritchie Bros by comparing valuation metrics of similar companies.
Ritchie Bros is currently under evaluation in shares outstanding category among related companies.

Ritchie Bros Current Valuation Drivers

We derive many important indicators used in calculating different scores of Ritchie Bros from analyzing Ritchie Bros' financial statements. These drivers represent accounts that assess Ritchie Bros' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Ritchie Bros' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap4.7B7.6B6.7B6.4B11.2B11.7B
Enterprise Value4.9B8.0B8.1B6.5B14.2B14.9B

Ritchie Fundamentals

About Ritchie Bros Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ritchie Bros Auctioneers's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ritchie Bros using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ritchie Bros Auctioneers 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.
Please read more on our fundamental analysis page.

Currently Active Assets on Macroaxis

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ritchie Bros Auctioneers. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Note that the Ritchie Bros Auctioneers information on this page should be used as a complementary analysis to other Ritchie Bros' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

Complementary Tools for Ritchie Stock analysis

When running Ritchie Bros' price analysis, check to measure Ritchie Bros' 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 Ritchie Bros is operating at the current time. Most of Ritchie Bros' value examination focuses on studying past and present price action to predict the probability of Ritchie Bros' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ritchie Bros' price. Additionally, you may evaluate how the addition of Ritchie Bros to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Ritchie Bros' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ritchie Bros is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ritchie Bros' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.