Element Fleet Management Corp. (TSE:EFN – Get Free Report) has earned a consensus rating of “Moderate Buy” from the eight analysts that are currently covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation, six have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is C$28.50.
A number of equities research analysts have recently issued reports on the stock. Scotiabank upped their target price on shares of Element Fleet Management from C$26.00 to C$27.00 and gave the stock an “outperform” rating in a report on Thursday, May 16th. BMO Capital Markets upped their target price on shares of Element Fleet Management from C$26.00 to C$28.00 in a report on Thursday, May 16th. TD Securities upped their target price on shares of Element Fleet Management from C$27.00 to C$28.00 and gave the stock a “buy” rating in a report on Wednesday, May 15th. National Bankshares boosted their price target on shares of Element Fleet Management from C$31.00 to C$33.00 and gave the company an “outperform” rating in a research report on Thursday, May 16th. Finally, CIBC boosted their price target on shares of Element Fleet Management from C$25.00 to C$26.00 and gave the company an “outperform” rating in a research report on Thursday, May 16th.
Get Our Latest Analysis on Element Fleet Management
Insiders Place Their Bets
Element Fleet Management Price Performance
Shares of TSE EFN opened at C$24.89 on Friday. The firm has a market cap of C$9.68 billion, a PE ratio of 20.57, a PEG ratio of 2.97 and a beta of 0.83. The firm has a fifty day moving average of C$23.70 and a 200 day moving average of C$22.71. The company has a debt-to-equity ratio of 315.13, a quick ratio of 5.70 and a current ratio of 8.32. Element Fleet Management has a one year low of C$18.50 and a one year high of C$25.35.
Element Fleet Management (TSE:EFN – Get Free Report) last issued its quarterly earnings results on Tuesday, May 14th. The financial services provider reported C$0.36 EPS for the quarter, topping the consensus estimate of C$0.31 by C$0.05. Element Fleet Management had a net margin of 23.30% and a return on equity of 12.40%. The company had revenue of C$353.83 million during the quarter, compared to analyst estimates of C$333.85 million. As a group, research analysts predict that Element Fleet Management will post 1.5226286 EPS for the current fiscal year.
Element Fleet Management Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Shareholders of record on Friday, June 28th will be paid a dividend of $0.12 per share. The ex-dividend date is Friday, June 28th. This represents a $0.48 dividend on an annualized basis and a yield of 1.93%. Element Fleet Management’s dividend payout ratio (DPR) is presently 39.67%.
Element Fleet Management Company Profile
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.
Featured Articles
- Five stocks we like better than Element Fleet Management
- What to Know About Investing in Penny Stocks
- These Top 3 Banks Raise Dividends After Passing Fed Stress Test
- What is an Earnings Surprise?
- Hitch a Ride with Lyft Stock for Double-Digit Gains in 2nd Half
- Want to Profit on the Downtrend? Downtrends, Explained.
- Eli Lilly Stock Up: GLP-1 Zepbound Targets Sleep Apnea Market
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.