Element Fleet Management (OTCMKTS:ELEEF – Get Free Report) is expected to post its results after the market closes on Tuesday, November 3rd. Analysts expect Element Fleet Management to post earnings of $0.3530 per share and revenue of $322.28 million for the quarter.
Element Fleet Management (OTCMKTS:ELEEF – Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by ($0.01). Element Fleet Management had a net margin of 23.33% and a return on equity of 24.75%. The company had revenue of $318.09 million for the quarter, compared to analysts’ expectations of $320.07 million.
Element Fleet Management Price Performance
OTCMKTS:ELEEF opened at $15.63 on Monday. Element Fleet Management has a one year low of $14.65 and a one year high of $27.03. The stock has a 50 day moving average price of $16.97 and a 200 day moving average price of $20.96. The stock has a market cap of $6.12 billion and a PE ratio of 21.12. The company has a debt-to-equity ratio of 3.54, a quick ratio of 7.47 and a current ratio of 7.47.
Analysts Set New Price Targets
ELEEF has been the subject of a number of recent research reports. Scotiabank reiterated an “outperform” rating on shares of Element Fleet Management in a report on Monday, October 26th. TD Securities reaffirmed a “buy” rating on shares of Element Fleet Management in a report on Monday, October 19th. One equities research analyst has rated the stock with a Strong Buy rating and three have issued a Buy rating to the company’s stock. According to data from MarketBeat, Element Fleet Management presently has a consensus rating of “Buy”.
Check Out Our Latest Report on Element Fleet Management
About Element Fleet Management
Element Fleet Management Corp. is a Canada-based fleet management company that provides services for organizations operating commercial and corporate vehicles. The company helps clients manage the full vehicle lifecycle, from acquisition and financing to maintenance, accident management, driver safety, remarketing and vehicle replacement.
Its offerings include fleet consulting, telematics and data solutions, fuel and maintenance management, leasing, vehicle procurement, and support for fleet electrification.
Further Reading
- Five stocks we like better than Element Fleet Management
- SK hynix Says Memory Demand Beats Supply Through 2030—What It Means for Micron and SanDisk
- STMicroelectronics Could Reach New Highs—Here’s What Needs to Happen
- Marvell Eyes a Swing for the AI Networking Fences as Markets Weigh Lumentum Price Tag
- Exxon’s Refining Profits Soared—Did Chevron Get the Same Windfall?
Receive News & Ratings for Element Fleet Management Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Element Fleet Management and related companies with MarketBeat.com's FREE daily email newsletter.
