Raymond James Has Optimistic Outlook of TSE:EFN Q1 Earnings

Element Fleet Management Corp. (TSE:EFN) – Analysts at Raymond James boosted their Q1 2025 earnings per share estimates for shares of Element Fleet Management in a research note issued to investors on Thursday, February 27th. Raymond James analyst S. Boland now forecasts that the financial services provider will post earnings per share of $0.40 for the quarter, up from their prior estimate of $0.39. The consensus estimate for Element Fleet Management’s current full-year earnings is $1.69 per share. Raymond James also issued estimates for Element Fleet Management’s Q1 2025 earnings at $0.40 EPS, Q1 2026 earnings at $0.45 EPS, Q1 2026 earnings at $0.45 EPS, Q2 2026 earnings at $0.48 EPS, Q2 2026 earnings at $0.48 EPS, Q3 2026 earnings at $0.53 EPS, Q3 2026 earnings at $0.53 EPS and Q4 2026 earnings at $0.50 EPS.

EFN has been the subject of several other research reports. TD Securities lifted their price target on Element Fleet Management from C$32.00 to C$33.00 and gave the company a “buy” rating in a report on Thursday, November 14th. National Bankshares lowered their price target on Element Fleet Management from C$41.00 to C$40.00 and set an “outperform” rating for the company in a report on Thursday. Scotiabank lowered their price target on Element Fleet Management from C$33.00 to C$32.00 in a report on Thursday, November 14th. Jefferies Financial Group cut Element Fleet Management from a “buy” rating to a “hold” rating and lowered their price target for the company from C$32.00 to C$30.00 in a report on Friday, November 15th. Finally, CIBC lifted their price target on Element Fleet Management from C$33.00 to C$34.00 and gave the company an “outperform” rating in a report on Thursday, January 30th. One investment analyst has rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Element Fleet Management has a consensus rating of “Buy” and a consensus price target of C$34.00.

Element Fleet Management Stock Up 0.8 %

EFN opened at C$28.94 on Friday. The company has a debt-to-equity ratio of 303.64, a current ratio of 7.04 and a quick ratio of 5.70. The stock has a market capitalization of C$8.29 billion, a price-to-earnings ratio of 24.02, a price-to-earnings-growth ratio of 2.97 and a beta of 0.91. The business has a 50-day moving average of C$28.82 and a two-hundred day moving average of C$28.60. Element Fleet Management has a 12 month low of C$21.20 and a 12 month high of C$30.49.

Insider Activity

In related news, Senior Officer Heath Leslie Valkenburg purchased 2,550 shares of Element Fleet Management stock in a transaction that occurred on Monday, December 16th. The shares were purchased at an average cost of C$28.46 per share, with a total value of C$72,571.98. Also, Senior Officer Laura Lee Dottori-Attanasio purchased 10,500 shares of Element Fleet Management stock in a transaction that occurred on Friday, December 13th. The shares were bought at an average cost of C$28.70 per share, for a total transaction of C$301,350.00. Insiders have bought 15,550 shares of company stock valued at $445,872 in the last three months. Corporate insiders own 0.26% of the company’s stock.

Element Fleet Management Company Profile

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.