Reading RBA? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track RBA free→Reading RBA? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track RBA free→NYSEIndustrialsSpecialty Business ServicesSnapshot 2026-06-12
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
Recent financial performance is strong, and earnings quality is robust, cash backs up reported profits. Management's recent track record has been fairly steady, while the sector backdrop presents a headwind. Peer multiples imply a price about 23% below where it trades (it looks expensive on this basis); the read is fair, quality intact. Key factors to watch include guidance changes and sector trends from bellwethers like CTAS, CPRT, and ULS. This read is provisional.
Daily closes. Earnings/event dots are placed inline.
A consensus fair price across 7 valuation methods, at three horizons. Current price $107.63. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
No-growth: today's peer multiple on trailing earnings. The headline read.
Embeds projected growth. Leans optimistic by design. Upside context.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $108 RBA trades at 26× p/e, in line with its 21× p/e peer median. Our $87 fair value reflects that, high confidence. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
The market is pricing in roughly 23% near-term growth, below our forecast of about 40%. This describes what's priced in, not a forecast of the move.
No fragility gates fired.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Industrials names rated strong grew net income 69% of the time over the next year (vs 58% for the rest of the cohort, n=3696).
Over the trailing year it converted 2.32x of net income into operating cash flow. Historically, Industrials names rated robust grew net income 64% of the time over the next year (vs 57% for the rest of the cohort, n=3333).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, Fed net liquidity, long-term interest rates.
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
EPS estimate $1.15 → $1.15 (+0.2% / 30d). 5 raised, 3 cut, 10 covering analysts.
0 upgrades, 0 downgrades / 30d. 83% of analysts rate Buy.
1 PT revisions / 30d. Avg target 19.3% above current price.
1 positive, 0 negative / 30d. See F4 management tile for the event list.
Market and fundamentals agree. Analysts are positioned bullishly on a fundamentally strong name.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
On a typical day, $10k can swing ±$99.
How much price usually moves either way.
On a bad day, this stock has moved -$234.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $2,075.
Deepest peak-to-trough drop in the last year.
Past results, not a forecast. Not investment advice.
The most important moves since the prior daily snapshot.
Confidence changed from 'medium' to 'high'.
No material changes since the prior snapshot.
as of 2026-06-12
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Why it matters: Keeping the dividend shows good financial health and steady cash flow.
Confirms:Dividend remains at $0.31 per share in Q3.
Disproves:Dividend is cut below $0.31 per share in Q3.
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for RBA yet.
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
Other Events. On May 18, 2026, RB Global, Inc. announced that it has finalized its acquisition of Big Iron Auction Company. A copy of the news release containing further details is attached hereto as Exhibit 99.1 and incorporated herein by reference.
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Long-thesis check; widest uncertainty.
Looks more expensive than peers.
Around its own typical valuation.
Trailing four: 2025-Q1, 2025-Q2, 2025-Q3, 2026-Q1
A side-by-side read on sector standing, valuation, and risk versus Diversified Support Services.
| Stock | Sector standing | Valuation | Risk |
|---|---|---|---|
RBA RB Global | Above typical Show detailsSector percentile: 72 of 100 | full | moderate |
CTAS Cintas | Above typical Show detailsSector percentile: 81 of 100 | expensive | moderate |
CPRT Copart | Above typical Show detailsSector percentile: 87 of 100 | fair | elevated |
ULS UL Solutions | Above typical Show detailsSector percentile: 83 of 100 | expensive | moderate |
LDOS Leidos | Above typical Show detailsSector percentile: 97 of 100 | inexpensive | elevated |
3 material management or governance events in the past 24 months, led by M&A activity. Historically, Industrials names rated neutral grew net income 59% of the time over the next year (vs 60% for the rest of the cohort, n=1113).
Not investment advice. As of 2026-06-12.
via XLI
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive. Historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only: describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-06-12.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Complete the acquisition of Big Iron Auction Company to expand into the U.S. agriculture market.
Focus on increasing revenue growth through strategic initiatives and market expansion.
Continue to maintain the quarterly cash dividend at $0.31 per common share.
Why it matters: This growth rate indicates RB Global is overcoming sector headwinds. It shows strong performance in a maturing market.
Confirms:Q2 revenue growth reported above 6% year over year in the earnings release.
Disproves:Q2 revenue growth reported below 6% year over year.
Results of Operations and Financial Condition On May 4, 2026 , RB Global, Inc. (the "Company") issued a press release announcing its financial results for the first quarter ended March 31, 2026. A copy of the press release is furnished as Exhibit 99.1 to this report.
Other Events On May 1, 2026, the Company declared a quarterly cash dividend of $0.31 per common share, payable on June 18, 2026, to common stockholders of record on May 27, 2026.
Other Events. On April 23, 2026, RB Global, Inc. issued a press release announcing that, on April 21, 2026, the U.S. Federal Trade Commission granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 with respect to its pending acquisition of BigIron Auction Company.