EquipmentShare.com Inc (NASDAQ:EQPT) Receives Average Rating of “Hold” from Analysts

Shares of EquipmentShare.com Inc (NASDAQ:EQPTGet Free Report) have earned an average rating of “Hold” from the eleven analysts that are covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, four have given a hold rating and six have assigned a buy rating to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $40.25.

A number of equities analysts have weighed in on EQPT shares. Wall Street Zen raised shares of EquipmentShare.com from a “sell” rating to a “hold” rating in a research note on Saturday, March 14th. UBS Group started 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. Zacks Research raised shares of EquipmentShare.com to a “hold” rating in a research note on Wednesday, February 18th. Oppenheimer started coverage on shares of EquipmentShare.com in a research note on Tuesday, February 17th. They set an “outperform” rating and a $39.00 price target on the stock. Finally, Robert W. Baird cut their price target on shares of EquipmentShare.com from $63.00 to $55.00 and set an “outperform” rating on the stock in a research note on Friday, March 20th.

Check Out Our Latest Analysis on EquipmentShare.com

Insiders Place Their Bets

In other EquipmentShare.com news, Director W Bryan Hill bought 21,803 shares of the business’s stock in a transaction dated Tuesday, May 19th. The shares were acquired at an average price of $22.89 per share, with a total value of $499,070.67. Following the purchase, the director owned 35,794 shares in the company, valued at approximately $819,324.66. The trade was a 155.84% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Naveen Bhatia bought 10,000 shares of the business’s stock in a transaction dated Friday, May 15th. The stock was acquired at an average cost of $24.22 per share, for a total transaction of $242,200.00. Following the purchase, the director owned 312,000 shares in the company, valued at approximately $7,556,640. This trade represents a 3.31% increase in their position. The SEC filing for this purchase provides additional information.

EquipmentShare.com Trading Up 5.6%

NASDAQ:EQPT opened at $22.79 on Thursday. EquipmentShare.com has a fifty-two week low of $17.95 and a fifty-two week high of $35.50. The stock’s 50 day moving average is $21.59.

EquipmentShare.com (NASDAQ:EQPTGet 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 company had revenue of $989.00 million for the quarter. The company’s quarterly revenue was up 38.1% on a year-over-year basis. On average, equities analysts predict that EquipmentShare.com will post 0.55 earnings per share for the current fiscal year.

About EquipmentShare.com

(Get Free Report)

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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Analyst Recommendations for EquipmentShare.com (NASDAQ:EQPT)

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