EquipmentShare.com (NASDAQ:EQPT) Releases Earnings Results, Beats Estimates By $0.14 EPS

Posted by Francis Steltz on Nov 9th, 2026

EquipmentShare.com (NASDAQ:EQPT – Get Free Report) issued its earnings results on Monday. The company reported $0.16 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.14, Zacks reports. The firm had revenue of $1.47 billion for the quarter.

EquipmentShare.com Stock Up 10.4%

Shares of NASDAQ EQPT traded up $1.53 during mid-day trading on Monday, reaching $16.21. The company had a trading volume of 2,353,341 shares, compared to its average volume of 2,536,453. The firm has a 50 day simple moving average of $16.95 and a two-hundred day simple moving average of $21.01. EquipmentShare.com has a 52-week low of $13.00 and a 52-week high of $35.50. The company has a current ratio of 2.42, a quick ratio of 1.91 and a debt-to-equity ratio of 3.16. The stock has a market cap of $4.11 billion and a P/E ratio of 52.29.

EquipmentShare.com declared that its Board of Directors has initiated a stock repurchase plan on Wednesday, July 22nd that authorizes the company to repurchase $500 million in outstanding shares. This repurchase authorization authorizes the company to reacquire up to 11.3% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s management believes its stock is undervalued.

Wall Street Analysts Forecast Growth

EQPT has been the topic of a number of analyst reports. Robert W. Baird cut their price target on EquipmentShare.com from $35.00 to $28.00 and set an “outperform” rating on the stock in a research note on Tuesday, October 20th. Truist Financial lowered their price objective on EquipmentShare.com from $35.00 to $31.00 and set a “buy” rating for the company in a research report on Monday, October 5th. Wells Fargo & Company lowered their price objective on EquipmentShare.com from $25.00 to $19.00 and set an “overweight” rating for the company in a research report on Monday, October 26th. UBS Group dropped their price objective on EquipmentShare.com from $24.00 to $22.00 and set a “neutral” rating on the stock in a report on Thursday, August 20th. Finally, Weiss Ratings lowered EquipmentShare.com from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, September 25th. Six research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $30.00.

Read Our Latest Research Report on EquipmentShare.com

Insiders Place Their Bets

In other news, major shareholder Neil Chheda sold 1,285,402 shares of the business’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $20.62, for a total value of $26,504,989.24. Following the completion of the sale, the insider directly owned 40,476,688 shares of the company’s stock, valued at approximately $834,629,306.56. The trade was a 3.08% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider William J. Schlacks bought 4,000 shares of EquipmentShare.com stock in a transaction dated Tuesday, August 18th. The stock was purchased at an average cost of $19.56 per share, with a total value of $78,240.00. Following the completion of the acquisition, the insider directly owned 58,950 shares in the company, valued at approximately $1,153,062. The trade was a 7.28% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders have bought 85,950 shares of company stock valued at $1,537,422 and have sold 2,201,032 shares valued at $45,393,501. Corporate insiders own 32.81% of the company’s stock.

About EquipmentShare.com

(Get Free Report)

EquipmentShare.com is a construction equipment rental and technology company serving contractors and other customers in the United States. Its offerings include heavy equipment, tools, aerial equipment and other machinery, along with equipment sales, parts and maintenance services.

The company also provides T3, a technology platform designed to help customers manage equipment, track assets and coordinate construction operations. By combining rentals with fleet and jobsite management tools, EquipmentShare aims to support customers’ equipment needs both on and off the jobsite.

EquipmentShare was founded in 2015 by brothers Willy and Jabbok Schlacks and is headquartered in Columbia, Missouri.