Key Points
- Director W Bryan Hill bought 21,803 shares of EquipmentShare.com on May 19 at an average price of $22.89, a transaction worth about $499,071. His direct ownership rose to 35,794 shares, a 155.84% increase.
- EquipmentShare.com recently reported quarterly earnings of -$0.11 per share, beating analyst estimates of -$0.26. Revenue came in at $989 million, up 38.1% from a year earlier.
- Analyst sentiment is mixed, with the stock carrying a consensus rating of Hold and an average price target of $40.25. The shares opened Thursday at $20.44, below the consensus target and near their 50-day average of $22.12.
EquipmentShare.com Inc (NASDAQ:EQPT - Get Free Report) Director W Bryan Hill purchased 21,803 shares of the firm's stock in a transaction on Tuesday, May 19th. The shares were acquired at an average price of $22.89 per share, for a total transaction of $499,070.67. Following the purchase, the director directly owned 35,794 shares of the company's stock, valued at approximately $819,324.66. This represents a 155.84% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
EquipmentShare.com Stock Performance
EQPT opened at $20.44 on Thursday. EquipmentShare.com Inc has a fifty-two week low of $17.95 and a fifty-two week high of $35.50. The business's fifty day simple moving average is $22.12.
EquipmentShare.com (NASDAQ:EQPT - Get Free Report) last posted its quarterly earnings results on Wednesday, May 13th. The company reported ($0.11) earnings per share for the quarter, topping analysts' consensus estimates of ($0.26) by $0.15. The business had revenue of $989.00 million for the quarter. The business's quarterly revenue was up 38.1% on a year-over-year basis. On average, sell-side analysts anticipate that EquipmentShare.com Inc will post 0.55 EPS for the current fiscal year.
Analyst Ratings Changes
A number of equities research analysts have weighed in on the stock. Wall Street Zen upgraded shares of EquipmentShare.com from a "sell" rating to a "hold" rating in a research note on Saturday, March 14th. UBS Group assumed coverage on shares of EquipmentShare.com in a research note on Tuesday, February 17th. They set a "neutral" rating and a $36.00 price target on the stock. Wells Fargo & Company decreased their price target on shares of EquipmentShare.com from $35.00 to $32.00 and set an "overweight" rating on the stock in a research note on Monday, April 13th. The Goldman Sachs Group assumed coverage on shares of EquipmentShare.com in a research note on Tuesday, February 17th. They set a "buy" rating and a $51.00 price target on the stock. Finally, Zacks Research upgraded shares of EquipmentShare.com to a "hold" rating in a research note on Wednesday, February 18th. Six investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $40.25.
View Our Latest Report on EQPT
EquipmentShare.com Company Profile
(
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EquipmentShare.com Inc provides integrated, full-service construction solutions across equipment rental, sales and technology. EquipmentShare.com Inc is based in Columbia, Missouri.
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