Key Points
- Director Duncan Draper Jessiman sold 3,000 shares on March 31 at C$101.80 (C$305,400), cutting his position by 33.04% to 6,080 shares valued at ~C$618,944.
- Shares opened at C$104.39 and trade in a 52‑week range of C$45.00–C$111.00; the 50‑day/200‑day SMAs are C$100.65 and C$86.79, with a market cap of ~C$5.86B and a P/E of 33.46.
- Analysts are broadly bullish with a consensus "Buy" and an average target of C$115.04 (several firms raised targets to C$120–135), and consensus EPS for the year is ~3.996.
Exchange Income Co. (TSE:EIF - Get Free Report) Director Duncan Draper Jessiman sold 3,000 shares of the firm's stock in a transaction on Tuesday, March 31st. The stock was sold at an average price of C$101.80, for a total value of C$305,400.00. Following the sale, the director directly owned 6,080 shares of the company's stock, valued at approximately C$618,944. This trade represents a 33.04% decrease in their position.
Exchange Income Stock Performance
Shares of Exchange Income stock opened at C$104.39 on Wednesday. Exchange Income Co. has a 52 week low of C$45.00 and a 52 week high of C$111.00. The business's fifty day simple moving average is C$100.65 and its 200-day simple moving average is C$86.79. The firm has a market cap of C$5.86 billion, a PE ratio of 33.46, a price-to-earnings-growth ratio of 1.42 and a beta of 0.93. The company has a quick ratio of 1.13, a current ratio of 1.71 and a debt-to-equity ratio of 149.91.
Exchange Income (TSE:EIF - Get Free Report) last released its quarterly earnings results on Tuesday, February 24th. The company reported C$1.06 earnings per share for the quarter. The business had revenue of C$929.55 million during the quarter. Exchange Income had a return on equity of 10.61% and a net margin of 5.11%. Equities analysts forecast that Exchange Income Co. will post 3.9962963 earnings per share for the current year.
Wall Street Analyst Weigh In
Several brokerages have weighed in on EIF. Ventum Financial increased their target price on shares of Exchange Income from C$110.00 to C$135.00 and gave the stock a "buy" rating in a research note on Thursday, February 26th. Canadian Imperial Bank of Commerce boosted their price target on shares of Exchange Income from C$106.00 to C$120.00 and gave the company an "outperform" rating in a research note on Thursday, February 26th. BMO Capital Markets upped their price objective on shares of Exchange Income from C$80.00 to C$100.00 and gave the stock a "market perform" rating in a report on Thursday, February 26th. ATB Cormark Capital Markets increased their price objective on shares of Exchange Income from C$120.00 to C$125.00 and gave the stock a "buy" rating in a research report on Thursday, February 26th. Finally, TD Securities lifted their target price on shares of Exchange Income from C$102.00 to C$125.00 and gave the company a "buy" rating in a report on Thursday, February 26th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Exchange Income has a consensus rating of "Buy" and an average price target of C$115.04.
Check Out Our Latest Stock Analysis on Exchange Income
Exchange Income Company Profile
(
Get Free Report)
Exchange Income Corporation is a diversified acquisition-oriented company, focused in two segments: Aerospace & Aviation and Manufacturing. The Corporation uses a disciplined acquisition strategy to identify already profitable, well-established companies that have strong management teams, generate steady cash flow, operate in niche markets and have opportunities for organic growth.
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