Exchange Income (TSE:EIF) Director Donald Streuber Sells 5,000 Shares

Exchange Income Co. (TSE:EIF – Get Free Report) Director Donald Streuber sold 5,000 shares of the stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of C$130.44, for a total transaction of C$652,200.00. Following the completion of the transaction, the director directly owned 279,299 shares in the company, valued at approximately C$36,431,761.56. This represents a 1.76% decrease in their ownership of the stock.

Exchange Income Trading Down 2.5%

Shares of TSE:EIF opened at C$127.78 on Friday. Exchange Income Co. has a 12-month low of C$69.67 and a 12-month high of C$136.75. The stock has a market cap of C$7.20 billion, a PE ratio of 34.63, a P/E/G ratio of 1.42 and a beta of 1.03. The business has a 50 day moving average of C$129.72 and a 200-day moving average of C$114.17. The company has a quick ratio of 1.12, a current ratio of 1.63 and a debt-to-equity ratio of 141.68.

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Exchange Income (TSE:EIF – Get Free Report) last announced its earnings results on Tuesday, August 11th. The company reported C$1.13 earnings per share for the quarter. The company had revenue of C$952.16 million for the quarter. Exchange Income had a return on equity of 11.69% and a net margin of 5.53%. As a group, equities research analysts forecast that Exchange Income Co. will post 3.9962963 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Scotiabank increased their price objective 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. Canaccord Genuity Group upped their price target on shares of Exchange Income from C$129.00 to C$150.00 and gave the company a “buy” rating in a research note on Thursday, August 13th. Canadian Imperial Bank of Commerce raised their price target on shares of Exchange Income from C$141.00 to C$151.00 in a research report on Thursday, August 13th. Raymond James Financial lifted their price objective on shares of Exchange Income from C$142.00 to C$150.00 and gave the stock a “strong-buy” rating in a research note on Thursday, August 13th. Finally, Paradigm Capital boosted their price objective on shares of Exchange Income from C$120.00 to C$122.00 and gave the company a “buy” rating in a report on Wednesday, May 13th. One equities research analyst has rated the stock with a Strong Buy rating and twelve have issued a Buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of C$145.92.

Read Our Latest Analysis on EIF

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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