TSE:EFN Q3 EPS Decreased by Raymond James Financial

Element Fleet Management Corp. (TSE:EFN) – Analysts at Raymond James Financial decreased their Q3 2026 EPS estimates for Element Fleet Management in a research note issued on Wednesday, November 12th. Raymond James Financial analyst S. Boland now expects that the financial services provider will post earnings per share of $0.53 for the quarter, down from their prior estimate of $0.55. The consensus estimate for Element Fleet Management’s current full-year earnings is $1.69 per share.

Other analysts also recently issued reports about the company. Jefferies Financial Group raised their target price on Element Fleet Management from C$41.00 to C$42.00 in a research note on Thursday, October 30th. Royal Bank Of Canada increased their price target on Element Fleet Management from C$43.00 to C$47.00 and gave the stock an “outperform” rating in a report on Friday, August 8th. Scotiabank boosted their price objective on Element Fleet Management from C$40.00 to C$42.00 and gave the company an “outperform” rating in a report on Friday, October 24th. TD Securities upped their target price on Element Fleet Management from C$41.00 to C$42.00 and gave the stock a “buy” rating in a research report on Thursday, August 7th. Finally, BMO Capital Markets increased their target price on Element Fleet Management from C$35.00 to C$40.00 and gave the stock an “outperform” rating in a report on Friday, August 8th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Buy” and a consensus target price of C$42.00.

Element Fleet Management Price Performance

Shares of TSE EFN opened at C$35.37 on Monday. The firm’s 50-day moving average price is C$36.89 and its 200-day moving average price is C$35.30. Element Fleet Management has a 1-year low of C$25.00 and a 1-year high of C$38.26. The firm has a market capitalization of C$14.15 billion, a P/E ratio of 33.06, a P/E/G ratio of 2.97 and a beta of 0.41. The company has a current ratio of 7.04, a quick ratio of 5.70 and a debt-to-equity ratio of 303.64.

Insider Buying and Selling

In related news, insider Heath Leslie Valkenburg acquired 813 shares of the stock in a transaction dated Wednesday, September 10th. The stock was purchased at an average cost of C$36.90 per share, with a total value of C$29,999.70. Following the completion of the purchase, the insider directly owned 4,153 shares in the company, valued at C$153,245.70. This trade represents a 24.34% increase in their position. 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.