Element Fleet Management Corp. (TSE:EFN – Get Free Report) Senior Officer Laura Lee Dottori-Attanasio bought 18,000 shares of the business’s stock in a transaction that occurred on Thursday, September 5th. The shares were acquired at an average price of C$27.67 per share, with a total value of C$498,074.40.
Element Fleet Management Stock Down 1.6 %
TSE:EFN traded down C$0.44 on Friday, reaching C$27.13. The stock had a trading volume of 77,515 shares, compared to its average volume of 544,748. The stock has a market cap of C$10.95 billion, a P/E ratio of 21.98, a price-to-earnings-growth ratio of 2.97 and a beta of 0.91. The company has a 50-day moving average of C$26.29 and a 200 day moving average of C$24.08. 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$18.50 and a 12-month high of C$28.26.
Element Fleet Management (TSE:EFN – Get Free Report) last announced its quarterly earnings results on Tuesday, August 13th. The financial services provider reported C$0.40 EPS for the quarter, beating the consensus estimate of C$0.37 by C$0.03. The company had revenue of C$375.68 million for the quarter, compared to analyst estimates of C$368.46 million. Element Fleet Management had a net margin of 23.41% and a return on equity of 12.58%. On average, research analysts predict that Element Fleet Management Corp. will post 1.5374037 earnings per share for the current year.
Element Fleet Management Dividend Announcement
Analyst Ratings Changes
Several equities research analysts have recently issued reports on EFN shares. BMO Capital Markets raised their price objective on Element Fleet Management from C$28.00 to C$32.00 in a research note on Thursday, August 15th. CIBC raised their price objective on Element Fleet Management from C$28.00 to C$30.00 and gave the stock an “outperform” rating in a report on Monday, July 29th. Scotiabank raised their price objective on Element Fleet Management from C$27.00 to C$28.00 in a research report on Wednesday, July 24th. Raymond James lifted their price target on Element Fleet Management from C$29.00 to C$30.00 and gave the company a “strong-buy” rating in a research note on Wednesday, August 14th. Finally, Royal Bank of Canada boosted their price objective on Element Fleet Management from C$33.00 to C$35.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 14th. One analyst has rated the stock with a sell rating, seven have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of C$31.25.
Check Out Our Latest Report on Element Fleet Management
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.
Further Reading
- Five stocks we like better than Element Fleet Management
- How to Invest in the FAANG Stocks
- Does GTA VI Make Take-Two Interactive Stock an Irresistible Buy?
- 3 Grocery Stocks That Are Proving They Are Still Essential
- Why HPE’s Dip Is a Prime Opportunity for Blue-Chip AI Investors
- How to Plot Fibonacci Price Inflection Levels
- Why Analysts See Big Upside for Occidental Petroleum Despite Lows
Receive News & Ratings for Element Fleet Management Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Element Fleet Management and related companies with MarketBeat.com's FREE daily email newsletter.