Look Under The Hood: MDY Has 13% Upside
ETF Analyst Target Prices: The SPDR S&P MIDCAP 400 ETF Trust (MDY) has an implied analyst target price of $638.14, indicating a potential upside of 12.90% from its current trading price of $565.24. Notable underlying holdings with significant upside include Webster Financial Corp, RB Global Inc, and Home BancShares Inc.
Investor Research Considerations: Analysts' target prices may reflect optimism or could be outdated, prompting the need for further investor research to determine if these targets are justified based on recent company and industry developments.
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- Earnings Announcement Schedule: RB Global is set to release its Q4 earnings on February 17 after market close, with consensus EPS estimates at $0.99, reflecting a 4.2% year-over-year increase, and revenue expectations at $1.17 billion, up 2.6% year-over-year, providing crucial financial health indicators for investors.
- Historical Performance: Over the past two years, RB Global has exceeded EPS estimates 100% of the time and revenue estimates 75% of the time, showcasing the company's strong performance in profitability and market expectation management, which enhances investor confidence.
- Estimate Revision Dynamics: In the last three months, EPS estimates have seen six downward revisions with no upward adjustments, while revenue estimates experienced one upward revision and six downward adjustments, indicating a cautious sentiment in the market regarding the company's future performance, which may impact short-term stock price volatility.
- Competitive Analysis: In the auction industry, RB Global competes with Copart, and Seeking Alpha's Quant Rating has classified RB Global as a
RBA's Rate Hike Decision: The Reserve Bank of Australia (RBA) unanimously decided to increase the cash rate, signaling a shift towards addressing rising inflation pressures, moving away from a cautious narrative to a more hawkish stance.
Inflation Forecasts: The RBA now anticipates that inflation will remain above target for an extended period, influenced by stronger-than-expected private demand and capacity pressures, despite some inflationary factors being temporary.
Market Reactions: Following the announcement, the Australian dollar strengthened, with market expectations for future rate hikes increasing significantly, reflecting a more aggressive monetary policy outlook.
Future Rate Hikes: The RBA's current position suggests that further rate hikes are likely, with the threshold for additional increases being higher, primarily aimed at managing capacity pressures and inflation developments.
- Quarterly Dividend Announcement: RB Global declares a quarterly dividend of $0.31 per share, consistent with previous distributions, indicating stable cash flow and shareholder return strategies that are likely to bolster investor confidence.
- Yield Performance: The forward yield of 1.09% provides relative attractiveness in the current market environment, potentially drawing in income-seeking investors and enhancing the stock's appeal.
- Shareholder Record Date: The dividend is payable on March 2, with a record date of February 9 and an ex-dividend date also on February 9, ensuring shareholders receive timely returns and reinforcing trust in the company.
- EBITDA Guidance Upgrade: RB Global raises its 2025 adjusted EBITDA guidance to $1.35 billion to $1.38 billion, reflecting the successful implementation of a new GSA contract, which further solidifies the company's market position in the automotive platform sector.
- Quarterly Cash Dividend: RB Global's Board of Directors has declared a cash dividend of $0.31 per share, payable on March 2, 2026, to shareholders of record on February 9, 2026, reflecting the company's ongoing commitment to shareholder returns.
- Tax Compliance: This dividend is considered an eligible dividend for Canadian income tax purposes, ensuring transparency and legality in tax compliance, which enhances investor confidence in the company's financial practices.
- Market Position: RB Global is a leading omnichannel marketplace providing value-added insights, services, and transaction solutions across various asset classes, including automotive and construction, further solidifying its leadership in the commercial asset trading sector.
- Global Network: Through its global network of auction sites and digital platforms, RB Global serves customers worldwide, showcasing its strong market coverage and diverse asset solutions, which drive the company's future growth potential.

- Auction Scale: From February 16 to 20, 2026, RB Global will host the world's largest equipment auction in Orlando, featuring over 7,000 assets, attracting buyers and sellers from construction, transportation, agriculture, and other industries, thereby reinforcing its market leadership.
- Diverse Auction Formats: The auction will utilize live onsite bidding, online participation, and Timed Auction formats, ensuring flexibility for buyers and sellers, which enhances transaction efficiency and drives overall transaction volume growth for the company.
- Customer Engagement Opportunities: Attendees will have the chance to interact directly with RB Global's product specialists and customer insights teams, sharing industry perspectives and learning about upcoming marketplace enhancements, which will enhance customer loyalty and service quality.
- Creator Day Event: RB Global will host its first invite-only Creator Day during the auction, aimed at extending the event's reach through social media and digital channels, attracting a broader audience and further enhancing brand visibility and market participation.








