Element Fleet Management (OTCMKTS:ELEEF) Issues Quarterly Earnings Results

Key Points

• Element Fleet reported Q EPS of $0.35, beating the consensus of $0.34, and showed strong profitability with a return on equity of 22.68% and a net margin of 23.55%.
• Jefferies upgraded the stock to a Buy, and MarketBeat's analyst consensus is Buy (one Strong Buy and four Buy ratings).
• Shares traded at $22.78 on very light volume, with a market cap of about $9.05 billion, a P/E of 33.01, and a 12‑month range of $21.11–$27.57.

Element Fleet Management (OTCMKTS:ELEEF - Get Free Report) posted its quarterly earnings results on Wednesday. The company reported $0.35 EPS for the quarter, beating 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 Trading Up 0.0%

Shares of OTCMKTS:ELEEF traded up $0.01 during trading on Wednesday, reaching $22.78. 607 shares of the stock were exchanged, compared to its average volume of 27,715. The company has a debt-to-equity ratio of 20.08, a quick ratio of 6.92 and a current ratio of 6.92. Element Fleet Management has a 12-month low of $21.11 and a 12-month high of $27.57. The firm has a market cap of $9.05 billion and a price-to-earnings ratio of 33.01. The firm's 50-day moving average price is $23.17 and its 200 day moving average price is $24.92.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group upgraded Element Fleet Management to a "buy" rating in a report on Monday, February 23rd. One research analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company. According to MarketBeat, Element Fleet Management presently has an average rating of "Buy".

About Element Fleet Management

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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