Element Fleet Management Corp. (TSE:EFN - Get Free Report) Senior Officer Laura Lee Dottori-Attanasio purchased 10,500 shares of the business's stock in a transaction on Friday, December 13th. The shares were bought at an average price of C$28.70 per share, with a total value of C$301,350.00.
Element Fleet Management Trading Down 1.3 %
Shares of EFN stock opened at C$28.60 on Friday. The company's fifty day simple moving average is C$29.15 and its two-hundred day simple moving average is C$27.16. The company has a debt-to-equity ratio of 303.14, a current ratio of 8.22 and a quick ratio of 5.70. Element Fleet Management Corp. has a 1 year low of C$20.94 and a 1 year high of C$30.49. The stock has a market capitalization of C$11.54 billion, a price-to-earnings ratio of 22.34, a PEG ratio of 2.97 and a beta of 0.91.
Element Fleet Management Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 15th were given a dividend of $0.12 per share. The ex-dividend date was Friday, September 27th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.68%. Element Fleet Management's dividend payout ratio (DPR) is currently 37.50%.
Analyst Ratings Changes
A number of equities analysts have issued reports on EFN shares. CIBC lifted their price target on Element Fleet Management from C$30.00 to C$33.00 in a research note on Thursday, October 31st. Jefferies Financial Group downgraded Element Fleet Management from a "buy" rating to a "hold" rating and cut their target price for the stock from C$32.00 to C$30.00 in a research note on Friday, November 15th. Scotiabank cut their target price on Element Fleet Management from C$33.00 to C$32.00 in a research note on Thursday, November 14th. National Bankshares boosted their target price on Element Fleet Management from C$37.00 to C$39.00 in a research note on Thursday, November 14th. Finally, TD Securities lifted their price target on shares of Element Fleet Management from C$32.00 to C$33.00 and gave the stock a "buy" rating in a report on Thursday, November 14th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of C$33.50.
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About Element Fleet Management
(
Get Free Report)
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.
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