Key Points
- Director Donald Streuber sold 3,500 Exchange Income shares at an average price of C$120.47, generating C$421,645. Following the transaction, his stake fell 11.34% to 27,368 shares.
- Exchange Income shares opened at C$118.76, down 1.3%, with a market capitalization of approximately C$6.70 billion. The company recently reported quarterly revenue of C$952.16 million and earnings of C$1.13 per share.
- Analysts remain broadly positive, with a consensus “Buy” rating and an average price target of C$145.92, well above the reported share price.
Exchange Income Co. (TSE:EIF - Get Free Report) Director Donald Streuber sold 3,500 shares of the business's stock in a transaction dated Wednesday, September 9th. The stock was sold at an average price of C$120.47, for a total value of C$421,645.00. Following the sale, the director owned 27,368 shares in the company, valued at approximately C$3,297,022.96. This trade represents a 11.34% decrease in their ownership of the stock.
Donald Streuber also recently made the following trade(s):
- On Thursday, August 20th, Donald Streuber sold 5,000 shares of Exchange Income stock. The shares were sold at an average price of C$130.44, for a total transaction of C$652,200.00.
Exchange Income Stock Down 1.3%
Shares of TSE EIF opened at C$118.76 on Friday. The company has a 50 day simple moving average of C$126.76 and a 200 day simple moving average of C$116.40. The company has a debt-to-equity ratio of 141.68, a current ratio of 1.63 and a quick ratio of 1.12. Exchange Income Co. has a 1 year low of C$69.71 and a 1 year high of C$136.75. The firm has a market cap of C$6.70 billion, a PE ratio of 32.18, a price-to-earnings-growth ratio of 1.42 and a beta of 0.94.
Exchange Income (TSE:EIF - Get Free Report) last posted its earnings results on Tuesday, August 11th. The company reported C$1.13 earnings per share for the quarter. Exchange Income had a net margin of 5.53% and a return on equity of 11.69%. The firm had revenue of C$952.16 million for the quarter. On average, research analysts forecast that Exchange Income Co. will post 3.9962963 EPS for the current year.
Wall Street Analysts Forecast Growth
Several analysts recently weighed in on the stock. National Bank Financial boosted their price objective on shares of Exchange Income from C$144.00 to C$145.00 and gave the stock an "outperform" rating in a research note on Thursday, August 13th. BMO Capital Markets increased their price objective on Exchange Income from C$140.00 to C$152.00 in a report on Thursday, August 13th. Scotiabank raised their target price on Exchange Income from C$140.00 to C$150.00 and gave the stock a "sector outperform" rating in a research report on Thursday, August 13th. Canadian Imperial Bank of Commerce lifted their target price on Exchange Income from C$141.00 to C$151.00 in a report on Thursday, August 13th. Finally, TD upped their price target on Exchange Income from C$142.00 to C$151.00 and gave the company a "buy" rating in a research report on Thursday, August 13th. One investment analyst has rated the stock with a Strong Buy rating and twelve have given a Buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Buy" and an average target price of C$145.92.
Read Our Latest Report 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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