Element Fleet Management (OTCMKTS:ELEEF – Get Free Report) announced its quarterly earnings data on Wednesday. The company reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.01, Zacks reports. Element Fleet Management had a return on equity of 22.68% and a net margin of 23.55%.
Element Fleet Management Stock Performance
ELEEF stock traded up $0.01 during trading on Wednesday, hitting $22.78. 607 shares of the company traded hands, compared to its average volume of 27,715. The company has a debt-to-equity ratio of 20.08, a current ratio of 6.92 and a quick ratio of 6.92. Element Fleet Management has a 1 year low of $21.11 and a 1 year high of $27.57. The stock’s 50-day simple moving average is $23.13 and its 200 day simple moving average is $24.90. The company has a market cap of $9.05 billion and a PE ratio of 33.01.
Wall Street Analysts Forecast Growth
Separately, Jefferies Financial Group upgraded Element Fleet Management to a “buy” rating in a research report on Monday, February 23rd. One analyst has rated the stock with a Strong Buy rating and four have issued a Buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy”.
Element Fleet Management Company Profile
Element Fleet Management (OTCMKTS:ELEEF) is a leading global fleet management company headquartered in Toronto, Ontario. It provides comprehensive fleet leasing and management solutions for corporate and public sector clients, aiming to optimize vehicle acquisition, utilization and disposal strategies. The company focuses on delivering customizable programs that enhance operational efficiency and reduce total cost of ownership for light-, medium- and heavy-duty vehicles across diverse industries.
Element’s service portfolio encompasses full-service leasing and financing, maintenance management, policy administration, telematics and data analytics, fuel management and end-of-lease remarketing.
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