Element Fleet Management Corp. (TSE:EFN - Get Free Report) insider Laura Lee Dottori-Attanasio bought 12,900 shares of the company's stock in a transaction on Friday, November 6th. The stock was bought at an average cost of C$19.25 per share, with a total value of C$248,325.00. Following the completion of the purchase, the insider owned 505,600 shares of the company's stock, valued at approximately C$9,732,800. The trade was a 2.62% increase in their position.
Element Fleet Management Trading Down 0.3%
EFN stock opened at C$20.02 on Tuesday. The company has a market cap of C$7.78 billion, a P/E ratio of 26.69, a PEG ratio of 2.97 and a beta of 0.57. Element Fleet Management Corp. has a twelve month low of C$19.11 and a twelve month high of C$38.00. The company has a quick ratio of 5.70, a current ratio of -1,737.58 and a debt-to-equity ratio of 359.10. The business has a fifty day moving average of C$23.02 and a 200-day moving average of C$28.64.
Element Fleet Management (TSE:EFN - Get Free Report) last announced its quarterly earnings data on Tuesday, November 3rd. The financial services provider reported C$0.50 earnings per share (EPS) for the quarter. Element Fleet Management had a net margin of 12.29% and a return on equity of 10.87%. The firm had revenue of C$456.57 million for the quarter. As a group, equities research analysts expect that Element Fleet Management Corp. will post 1.69 EPS for the current year.
Analyst Upgrades and Downgrades
EFN has been the topic of several research reports. Raymond James Financial cut their price objective on shares of Element Fleet Management from C$42.00 to C$32.00 and set an "outperform" rating on the stock in a research report on Tuesday, October 6th. National Bank Financial reduced their target price on shares of Element Fleet Management from C$35.00 to C$30.00 and set an "outperform" rating for the company in a research note on Thursday, November 5th. TD Securities cut Element Fleet Management from a "strong-buy" rating to a "hold" rating in a report on Wednesday, November 4th. RBC Dominion Securities dropped their price target on Element Fleet Management from C$40.00 to C$33.00 and set an "outperform" rating on the stock in a research note on Thursday, October 15th. Finally, TD downgraded Element Fleet Management from a "buy" rating to a "hold" rating and dropped their price target for the company from C$31.00 to C$22.00 in a research note on Wednesday, November 4th. Six equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of C$32.86.
View Our Latest Stock Report on Element Fleet Management
About Element Fleet Management
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Element Fleet Management (TSX: EFN) is the largest publicly traded pure play automotive fleet manager in the world and a global leader in intelligent fleet and mobility solutions. Guided by our Purpose to Move the world through intelligent mobility, we help clients manage the vehicles, data, technology, and decisions that keep their businesses moving. Fleet is our foundation, and intelligent mobility is how we lead. By combining deep fleet expertise with connected technologies, data driven intelligence, and strategic partnerships, Element helps clients lower total cost of ownership, improve uptime and driver experience, and build more resilient operations.
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