Donald Streuber Sells 3,500 Shares of Exchange Income (TSE:EIF) Stock

Exchange Income Co. (TSE:EIF) Director Donald Streuber sold 3,500 shares of the business’s stock in a transaction dated Wednesday, September 9th. The stock was sold at an average price of C$120.47, for a total value of C$421,645.00. Following the sale, the director owned 27,368 shares in the company, valued at approximately C$3,297,022.96. The trade was a 11.34% decrease in their position.

Donald Streuber also recently made the following trade(s):

• On Thursday, August 20th, Donald Streuber sold 5,000 shares of Exchange Income stock. The stock was sold at an average price of C$130.44, for a total transaction of C$652,200.00.

Exchange Income Stock Performance

Exchange Income stock opened at C$116.84 on Friday. The firm’s 50 day simple moving average is C$126.43 and its 200-day simple moving average is C$116.41. The company has a market cap of C$6.59 billion, a P/E ratio of 31.66, a price-to-earnings-growth ratio of 1.42 and a beta of 0.94. The company has a debt-to-equity ratio of 141.68, a current ratio of 1.63 and a quick ratio of 1.12. Exchange Income Co. has a fifty-two week low of C$69.71 and a fifty-two week high of C$136.75.

Exchange Income (TSE:EIF) last issued its quarterly earnings results on Tuesday, August 11th. The company reported C$1.13 EPS for the quarter. Exchange Income had a net margin of 5.53% and a return on equity of 11.69%. The business had revenue of C$952.16 million during the quarter. As a group, equities research analysts predict that Exchange Income Co. will post 3.9962963 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on EIF. National Bank Financial increased their target price on Exchange Income from C$144.00 to C$145.00 and gave the company an “outperform” rating in a report on Thursday, August 13th. Desjardins upped their price target on Exchange Income from C$135.00 to C$145.00 and gave the company a “buy” rating in a research report on Wednesday, August 12th. Canaccord Genuity Group increased their price objective on Exchange Income from C$129.00 to C$150.00 and gave the stock a “buy” rating in a research note on Thursday, August 13th. Raymond James Financial raised their price objective on Exchange Income from C$142.00 to C$150.00 and gave the stock a “strong-buy” rating in a research report on Thursday, August 13th. Finally, TD lifted their target price on Exchange Income from C$142.00 to C$151.00 and gave the company a “buy” rating in a research note on Thursday, August 13th. One analyst has rated the stock with a Strong Buy rating and twelve have assigned a Buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of C$145.92.

About Exchange Income

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.