Element Fleet Management (EFN) Stock Price, News & Analysis

Company Overview

Element Financial separated into two independent public companies in October 2016. The former company now consists of Element Fleet Management, a global fleet management company, and ECN Capital, a commercial finance company. Element Fleet Management provides management services and financing for commercial vehicle and equipment fleets. The company's suite of fleet management services deals with acquisition and financing, to program management and remarketing. ECN Capital operates across North America in three verticals of the equipment finance market: commercial and vendor finance, rail finance, and commercial aviation finance. Element Fleet Management represented the majority of the company's business prior to its separation into two companies.

Key Stats

• Today's Range: C$28.89 to C$29.05
• 50-Day Range: C$27.07 to C$30.20
• 52-Week Range: C$21.08 to C$30.49
• Volume: 5,566 shs
• Average Volume: 570,488 shs
• Market Capitalization: C$11.67 billion
• P/E Ratio: 22.59
• Dividend Yield: 1.66%
• Price Target: C$33.50
• Consensus Rating: Moderate Buy

Element Fleet Management Stock Analysis - MarketRank™

Element Fleet Management scored higher than 53% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Element Fleet Management has received a consensus rating of Moderate Buy. The company's average rating score is 2.78, and is based on 6 buy ratings, 1 hold rating, and 1 sell rating.

Amount of Analyst Coverage

Element Fleet Management has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Element Fleet Management is 22.59, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.76.

Price to Earnings Ratio vs. Sector

The P/E ratio of Element Fleet Management is 22.59, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 370.30.

Price to Earnings Growth Ratio

Element Fleet Management has a PEG Ratio of 2.97. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Element Fleet Management has a P/B Ratio of 4.14. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for EFN.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Element Fleet Management pays a meaningful dividend of 1.63%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Element Fleet Management does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Element Fleet Management is 37.50%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for EFN.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 1.64

News Sentiment

Element Fleet Management has a news sentiment score of 1.64. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.45 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Element Fleet Management this week, compared to 2 articles on an average week.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Element Fleet Management insiders have sold 135.19% more of their company's stock than they have bought. Specifically, they have bought C$491,049.00 in company stock and sold C$1,154,902.00 in company stock.

Percentage Held by Insiders

Only 0.26% of the stock of Element Fleet Management is held by insiders.

Percentage Held by Institutions

50.42% of the stock of Element Fleet Management is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

EFN Stock Analysis - Frequently Asked Questions

How have EFN shares performed this year?

Element Fleet Management's stock was trading at C$21.56 at the beginning of the year. Since then, EFN shares have increased by 34.1% and is now trading at C$28.91.
View the best growth stocks for 2024 here.

How do I buy shares of Element Fleet Management?

Shares of EFN stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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What other stocks do shareholders of Element Fleet Management own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Element Fleet Management investors own include Enbridge (ENB), Bank of Nova Scotia (BNS), ECN Capital (ECN), Algonquin Power & Utilities (AQN), Royal Bank of Canada (RY), BCE (BCE) and Manulife Financial (MFC).

Company Calendar

• Ex-Dividend for 10/15 Dividend: 9/27/2024
• Dividend Payable: 10/15/2024
• Today: 12/23/2024

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Industrials
• Industry: Rental & Leasing Services
• Sub-Industry: N/A
• Current Symbol: TSE:EFN
• CUSIP: N/A
• CIK: N/A
• Web: www.elementfleet.com
• Phone: 416-386-1067
• Fax: N/A
• Employees: 2,700
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$33.50
• High Stock Price Target: C$39.00
• Low Stock Price Target: C$30.00
• Potential Upside/Downside: +15.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.78
• Research Coverage: 9 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$1.28
• Trailing P/E Ratio: 22.58
• Forward P/E Ratio: 17.12
• P/E Growth: 2.97
• Net Income: C$354.75 million
• Net Margins: 23.41%
• Pretax Margin: N/A
• Return on Equity: 12.58%
• Return on Assets: 2.97%

Debt

• Debt-to-Equity Ratio: 303.14
• Current Ratio: 8.22
• Quick Ratio: 5.70

Sales & Book Value

• Annual Sales: C$1.58 billion
• Price / Sales: 7.38
• Cash Flow: C$0.72 per share
• Price / Cash Flow: 40.04
• Book Value: C$6.98 per share
• Price / Book: 4.14

Miscellaneous

• Outstanding Shares: 403,610,000
• Free Float: N/A
• Market Cap: C$11.66 billion
• Optionable: Not Optionable
• Beta: 0.91