Element Fleet Management Corp. (TSE:EFN) Senior Officer Carlos David Madrigal Gonzalez Purchases 3,375 Shares

Element Fleet Management Corp. (TSE:EFN) Senior Officer Carlos David Madrigal Gonzalez purchased 3,375 shares of Element Fleet Management stock in a transaction on Wednesday, November 20th. The stock was bought at an average price of C$28.92 per share, with a total value of C$97,618.50.

Carlos David Madrigal Gonzalez also recently made the following trade(s):

• On Friday, November 15th, Carlos David Madrigal Gonzalez sold 5,200 shares of Element Fleet Management stock. The shares were sold at an average price of C$27.40, for a total value of C$142,480.00.

Element Fleet Management Price Performance

Shares of Element Fleet Management stock opened at C$29.72 on Friday. The company has a current ratio of 8.22, a quick ratio of 5.70 and a debt-to-equity ratio of 303.14. Element Fleet Management Corp. has a 12 month low of C$20.76 and a 12 month high of C$30.04. The stock has a 50 day moving average of C$28.72 and a 200 day moving average of C$26.41. The firm has a market cap of C$12.00 billion, a PE ratio of 23.22, a PEG ratio of 2.97 and a beta of 0.91.

Element Fleet Management Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Tuesday, October 15th were given a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 1.62%. The ex-dividend date was Friday, September 27th. Element Fleet Management’s dividend payout ratio is presently 37.50%.

Analysts Set New Price Targets

A number of equities analysts have weighed in on EFN shares. Jefferies Financial Group lowered shares of Element Fleet Management from a “buy” rating to a “hold” rating and dropped their price target for the stock from C$32.00 to C$30.00 in a research report on Friday, November 15th. TD Securities increased their price target on Element Fleet Management from C$32.00 to C$33.00 and gave the stock a “buy” rating in a research note on Thursday, November 14th. National Bankshares boosted their price objective on Element Fleet Management from C$37.00 to C$39.00 in a research report on Thursday, November 14th. BMO Capital Markets increased their target price on Element Fleet Management from C$28.00 to C$32.00 in a research report on Thursday, August 15th. Finally, Raymond James upped their price target on Element Fleet Management from C$30.00 to C$34.00 in a research note on Thursday, November 14th. One analyst has rated the stock with a sell rating, one has issued a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Element Fleet Management has an average rating of “Moderate Buy” and an average target price of C$33.50.

About Element Fleet Management

Element Fleet Management Corp. operates as a fleet management company primarily in Canada, Mexico, Australia, and New Zealand. The company offers end-to-end fleet cars, trucks, and material handling support equipment acquisition; and end-to-end electric vehicle fleet including fleet planning, charging infrastructure solutions, acquisition, financing, maintenance, and remarketing.