11:27 AM EST, 11/03/2025 (MT Newswires) -- RB Global ( RBA ) had its outperform rating and its target range of $120-130 maintained at Barrington Research ahead of the company's third quarter financial results.

The brokerage expects Gross Transaction Value (GTV) of $3.69 billion, revenue of $1.04 billion, and adjusted EBITDA of $303 million in Q3 and said consensus expectations call for revenue of $1.04 billion and adjusted EBITDA of $302 million. It notes that RB Global's ( RBA ) 2025 outlook includes GTV growth that is anticipated to range from 0-3% with an adjusted EBITDA range of $1.34-1.37 billion.

"In terms of CC&T end markets, RBA's customers and enterprise partners continue to exercise caution amid ongoing economic uncertainty," said analyst Gary Prestopino. "As a result of this caution, consignors are holding onto their equipment longer."

Barrington Research also said that the salvage business "continues to benefit" from market share gains through new business awards and higher total loss ratios that have increased over 100 basis points year-over-year.

"Continued integration efforts within the salvage business should improve the overall consolidated margin metrics in the quarter," said Prestopino.

Price: 136.48, Change: -2.68, Percent Change: -1.93