Shares of General Finance Corp. (NASDAQ:GFN) have earned a consensus broker rating score of 2.00 (Buy) from the two analysts that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a hold recommendation and one has given a strong buy recommendation to the company.
Brokerages have set a 1-year consensus price target of $6.00 for the company and are anticipating that the company will post ($0.06) EPS for the current quarter, according to Zacks. Zacks has also given General Finance Corp. an industry rank of 168 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research downgraded shares of General Finance Corp. from a “hold” rating to a “sell” rating in a report on Friday, September 9th.
General Finance Corp. (NASDAQ:GFN) opened at 4.45 on Thursday. The company’s market capitalization is $116.67 million. General Finance Corp. has a 52 week low of $3.50 and a 52 week high of $5.38. The stock’s 50 day moving average price is $4.40 and its 200-day moving average price is $4.38.
General Finance Corp. (NASDAQ:GFN) last issued its quarterly earnings data on Tuesday, September 6th. The company reported ($0.06) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.06). General Finance Corp. had a negative net margin of 2.20% and a negative return on equity of 0.21%. On average, equities research analysts predict that General Finance Corp. will post ($0.15) earnings per share for the current fiscal year.
In related news, major shareholder Neil Gagnon sold 7,425 shares of the company’s stock in a transaction on Thursday, August 11th. The shares were sold at an average price of $4.35, for a total value of $32,298.75. Following the completion of the transaction, the insider now owns 971,934 shares of the company’s stock, valued at approximately $4,227,912.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 25.20% of the stock is currently owned by corporate insiders.
General Finance Corp. Company Profile
General Finance Corporation is a specialty rental services company. The Company offers a range of portable storage units, including its core 20-feet and 40-feet steel containers, office container, mobile office and modular space products and steel tanks. It has two geographic areas, which include the Asia-Pacific (Pan-Pacific) area and North America.
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