Electro Rent Corp. Company Profile (NASDAQ:ELRC)

About Electro Rent Corp.

Electro Rent Corp. logo

Electro Rent Corporation is a United States-based global organization, which is engaged in the rental, lease and sale of new and used electronic test and measurement (T&M) equipment. The Company's Data Products (DP) division offers personal computers from manufacturers, including Dell, Hewlett-Packard (HP), International Business Machines (IBM), Toshiba and Apple. The Company operates in two segments: T&M and DP. The Company purchases T&M equipment from leading manufacturers, such as Keysight Technologies, Inc., Anritsu, Inc., Rohde & Schwarz Gmbh & Co. KG and Tektronix Inc. The Company's customers rent, lease and buy its T&M equipment, and use that equipment primarily in the aerospace and defense, telecommunications, electronics, industrial and semiconductor markets. The Company also sells used T&M and DP equipment that was held for rent and lease.

Industry, Sector and Symbol:

Sector: Finance
Industry: Rental & Leasing Services
Sub-Industry: Technology Distributors
Exchange: NASDAQ
Symbol: ELRC
CUSIP: 28521810

Key Metrics:

Previous Close: $15.50
50 Day Moving Average: $15.32
200 Day Moving Average: $11.39
52-Week Range: $7.30 - $15.57
Trailing P/E Ratio: N/A
Foreward P/E Ratio: 23.85
P/E Growth: 0.00
Market Cap: $N/A
Beta: 1.05

Additional Links:

Companies Related to Electro Rent Corp.:

Consensus Ratings for Electro Rent Corp. (NASDAQ:ELRC) (?)

Ratings Breakdown:	1 Hold Rating
Consensus Rating:	Hold (Score: 2.00)
Consensus Price Target:	N/A

Analysts' Ratings History for Electro Rent Corp. (NASDAQ:ELRC)

Show:

Date	Firm	Action	Rating	Price Target	Details
5/31/2016	Sidoti	Downgrade	Buy -> Neutral

(Data available from 9/27/2014 forward)

Earnings History for Electro Rent Corp. (NASDAQ:ELRC)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
8/11/2016
4/8/2016	Q316	$0.11	$0.04		$39.50 million	View	N/A
1/7/2016	Q2	$0.13	$0.08			View	N/A
10/8/2015	Q116	$0.14	$0.10		$53.30 million	View	N/A
8/13/2015	Q415	$0.17	$0.14	$58.80 million	$60.40 million	View	N/A
4/9/2015	Q315	$0.20	$0.10		$56.30 million	View	N/A
1/16/2015	Q215		$0.20		$59.70 million	View	N/A
10/6/2014	Q115	$0.26	$0.20		$61.90 million	View	N/A
8/11/2014		$0.22	$0.19			View	N/A
4/7/2014		$0.24	$0.19			View	N/A
1/8/2014	Q2		$0.23	$65.20 million	$57.90 million	View	N/A
10/3/2013	Q114	$0.24	$0.23	$58.50 million	$60.20 million	View	N/A
4/8/2013	Q3 2013	$0.23	$0.21	$60.10 million	$64.70 million	View	N/A
1/9/2013	Q213		$0.26	$61.64 million	$65.19 million	View	N/A

(Data available from 1/1/2011 forward)

Earnings Estimates for Electro Rent Corp. (NASDAQ:ELRC)

Current Year EPS Consensus Estimate: $0.35 EPS
Next Year EPS Consensus Estimate: $0.65 EPS

Current Dividend Information for Electro Rent Corp. (NASDAQ:ELRC)

Annual Dividend:	$0.50
Dividend Yield:	3.23%
Payout Ratio:	135.14% (Based on Trailing 12 Months of Earnings) 142.86% (Based on Current Year Consensus EPS Estimate) 76.92% (Based on Next Year Consensus EPS Estimate)

Dividend History for Electro Rent Corp. (NASDAQ:ELRC)

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
3/18/2016	quarterly	$0.13	5.06%	3/29/2016	3/31/2016	4/8/2016
12/15/2015	quarterly	$0.13	5.31%	12/22/2015	12/24/2015	1/8/2016
9/4/2015	quarterly	$0.13	4.76%	9/16/2015	9/18/2015	10/9/2015
6/12/2015	quarterly	$0.13	4.73%	6/18/2015	6/22/2015	7/10/2015
3/4/2015	quarterly	$0.20	7.94%	3/18/2015	3/20/2015	4/10/2015
12/3/2014	quarterly	$0.20	5.7%	12/17/2014	12/19/2014	1/9/2015
9/4/2014	quarterly	$0.20	5.28%	9/17/2014	9/19/2014	10/10/2014
6/5/2014	quarterly	$0.20	4.82%	6/18/2014	6/20/2014	7/10/2014
3/5/2014	quarterly	$0.20	4.33%	3/18/2014	3/20/2014	4/10/2014
12/6/2013	quarterly	$0.20	4.09%	12/18/2013	12/20/2013	1/10/2014
8/30/2013	quarterly	$0.20	4.57%	9/18/2013	9/20/2013	10/10/2013
6/7/2013	quarterly	$0.20	4.57%	6/18/2013	6/20/2013	7/10/2013
3/5/2013	quarterly	$0.20	4.74%	3/18/2013	3/20/2013	4/10/2013

(Data available from 1/1/2013 forward)

Insider Trading History for Electro Rent Corp. (NASDAQ:ELRC)
No insider trades for this company have been tracked by MarketBeat.com

Latest Headlines for Electro Rent Corp. (NASDAQ:ELRC)

Date	Headline
	Electro Rent Up 53.1% Since SmarTrend Uptrend Call (ELRC) (NASDAQ:ELRC) www.mysmartrend.com - September 20 at 8:34 AM
	Shares of ELRC Up 53.1% Since Uptrend Call on Shares (NASDAQ:ELRC) www.mysmartrend.com - August 25 at 8:42 PM
	Electro Rent Shares Up 53.1% Since SmarTrend's Buy Recommendation (ELRC) (NASDAQ:ELRC) www.mysmartrend.com - August 18 at 6:56 AM
	Platinum pays $382M for Electro Rent (NASDAQ:ELRC) pitchbook.com - August 12 at 9:57 PM
	Electro Rent goes private with Platinum Equity (NASDAQ:ELRC) www.pehub.com - August 11 at 4:56 PM
	Platinum Equity Buys Electro Rent in Take-Private Deal (NASDAQ:ELRC) www.themiddlemarket.com - August 11 at 4:56 PM
	Electro Rent Shares Up 53.0% Since SmarTrend's Buy Recommendation (ELRC) (NASDAQ:ELRC) www.mysmartrend.com - August 11 at 4:56 PM
	ELECTRO RENT CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Termination of a Material Definitiv (NASDAQ:ELRC) biz.yahoo.com - August 10 at 11:00 PM
	Platinum Equity Completes Acquisition of Electro Rent (NASDAQ:ELRC) www.publicnow.com - August 10 at 11:00 PM
	ELECTRO RENT CORP Files SEC form 10-K, Annual Report (NASDAQ:ELRC) biz.yahoo.com - August 9 at 9:03 PM
	Electro Rent : Shareholders Approve Acquisition by Platinum Equity (NASDAQ:ELRC) www.4-traders.com - August 8 at 10:09 PM
	Electro Rent shareholders OK Platinum Equity buyout (NASDAQ:ELRC) seekingalpha.com - August 5 at 7:25 PM
	Electro Rent Shareholders Approve Acquisition by Platinum Equity (NASDAQ:ELRC) finance.yahoo.com - August 5 at 4:51 PM
	ELECTRO RENT CORP Files SEC form 8-K, Submission of Matters to a Vote of Security Holders, Other Events, Financial St (NASDAQ:ELRC) biz.yahoo.com - August 5 at 4:51 PM
	Electro Rent Becomes Authorized Preferred Reseller and Rental Partner for IMST, GmbH (NASDAQ:ELRC) www.mobilitytechzone.com - July 28 at 9:17 PM
	SHAREHOLDER ALERT: Brodsky & Smith, LLC Files Class Action against Electro Rent Corporation in Connection with the Sale of the Company - ELRC (NASDAQ:ELRC) www.bizjournals.com - July 13 at 10:03 PM
	Electro Rent Corp. (ELRC) Leaped After Platinum Equity Boosted Offer (NASDAQ:ELRC) www.rttnews.com - June 28 at 9:42 AM
	Platinum Equity raises bid for Electro Rent to $382 million (NASDAQ:ELRC) www.bizjournals.com - June 27 at 5:00 PM
	Electro Rent's buyout offer price increased by 18% (NASDAQ:ELRC) seekingalpha.com - June 24 at 1:01 PM
	Top Performing Industries For June 24, 2016 (NASDAQ:ELRC) feeds.benzinga.com - June 24 at 12:44 PM
	BRIEF-Electro Rent Corp - Termination fees payable to Platinum Equity of $19.1 mln (NASDAQ:ELRC) feeds.reuters.com - June 24 at 11:39 AM
	Platinum Equity Raises Electro Rent (ELRC) Offer to $15.50/Share (NASDAQ:ELRC) www.streetinsider.com - June 24 at 11:36 AM
	Electro Rent Corp. (ELRC) Is Jumping After Platinum Equity Ups Bid (NASDAQ:ELRC) www.rttnews.com - June 24 at 11:35 AM
	BRIEF-Platinum Equity increases offer for Electro Rent purchase (NASDAQ:ELRC) feeds.reuters.com - June 24 at 10:22 AM
	Platinum Equity Increases Electro Rent Purchase Price Offer to $15.50 per Share (NASDAQ:ELRC) www.publicnow.com - June 24 at 9:50 AM
	Investor News: Lawsuit against Takeover of Electro Rent Corporation (NASDAQ:ELRC) filed (NASDAQ:ELRC) www.groundreport.com - June 21 at 4:35 PM
	Lawsuit for Investors in Shares of Electro Rent Corporation (NASDAQ:ELRC) Against Takeover Filed (NASDAQ:ELRC) www.ssuchronicle.com - June 14 at 4:45 PM
	Electro Rent Corp. :ELRC-US: Earnings Analysis: Q3, 2016 By the Numbers : June 14, 2016 (NASDAQ:ELRC) www.capitalcube.com - June 14 at 10:17 AM
	Electro Rent Corporation Acquisition May Not Be in the Best Interests of ELRC Shareholders (NASDAQ:ELRC) finance.yahoo.com - June 9 at 1:09 PM
	INVESTOR ALERT: Levi & Korsinsky, LLP Announces Class Action Challenging the Fairness of the Sale of Electro Rent Corporation to Platinum Equity for $13.12 Per Share - ELRC (NASDAQ:ELRC) finance.yahoo.com - June 9 at 11:03 AM
	The Takeover of Electro Rent Corporation (NASDAQ:ELRC) Is Under Investigation for Investors (NASDAQ:ELRC) www.sbwire.com - June 8 at 9:40 PM
	Proxy Statement - Merger or Acquistion (preliminary) (NASDAQ:ELRC) www.publicnow.com - June 7 at 5:58 PM
	Levi & Korsinsky, LLP Announces Investigation Concerning the Sale of Electro Rent Corporation to Platinum Equity for $13.12 Per Share - ELRC (NASDAQ:ELRC) www.4-traders.com - June 6 at 4:41 PM
	SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation Concerning the Sale of Electro Rent Corporation to Platinum Equity for $13.12 Per Share - ELRC (NASDAQ:ELRC) finance.yahoo.com - June 6 at 2:46 PM
	SHAREHOLDER ALERT:Brodsky& Smith, LLC AnnouncesInvestigationof The Board of Directors of Electro Rent Corporation (NASDAQ:ELRC) www.marketwatch.com - June 2 at 10:53 PM
	SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of Electro Rent Corporation (NASDAQ:ELRC) finance.yahoo.com - June 2 at 10:05 PM
	INVESTOR ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of Electro Rent Corporation And Encourages Shareholders To Contact The Firm For Additional Information (NASDAQ:ELRC) finance.yahoo.com - June 2 at 5:50 PM
	Bragar Eagel & Squire, P.C. Is Investigating the Board of Directors of Electro Rent Corporation (ELRC) on Behalf of Stockholders and Encourages Investors to Contact the Firm (NASDAQ:ELRC) finance.yahoo.com - June 1 at 5:30 PM
	Electro Rent Corp.: Strong price momentum but will it sustain? (NASDAQ:ELRC) www.capitalcube.com - June 1 at 4:29 PM
	Shareholder Alert: Brower Piven Commences An Investigation Into The Proposed Sale Of Electro Rent Corporation And Encourages Investors To Contact The Firm For Additional Information (NASDAQ:ELRC) finance.yahoo.com - June 1 at 1:05 PM
	INVESTOR ALERT: Levi & Korsinsky, LLP Announces Investigation Concerning the Fairness of the Sale of Electro Rent Corporation to Platinum Equity for $13.12 Per Share - ELRC (NASDAQ:ELRC) finance.yahoo.com - June 1 at 12:58 PM
	Ryan & Maniskas, LLP Announces Investigation of Electro Rent Corporation (NASDAQ:ELRC) finance.yahoo.com - June 1 at 11:07 AM
	Wolf Popper LLP Investigates Buyout of Electro Rent Corporation by Platinum Equity (NASDAQ:ELRC) finance.yahoo.com - June 1 at 10:45 AM
	Gaps Up – Seneca (SENEB), Electro Rent (ELRC), Bristow (BRS), Tidewater (TDW) (NASDAQ:ELRC) www.fxpips.com - June 1 at 8:58 AM
	Electro Rent Corp. (ELRC) Soared To A New High After Merger Agreement (NASDAQ:ELRC) www.rttnews.com - June 1 at 8:58 AM
	Shares Trading up at $13.10 (ELRC) ELECTRO RENT INVESTOR ALERT BY THE… (NASDAQ:ELRC) www.fidaily.com - June 1 at 8:58 AM
	ELECTRO RENT INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Electro Rent Corporation (NASDAQ:ELRC) finance.yahoo.com - May 31 at 11:01 PM
	SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of Electro Rent Corporation - ELRC (NASDAQ:ELRC) finance.yahoo.com - May 31 at 10:38 PM
	CFO Moves: Electro Rent, Petra Diamonds (NASDAQ:ELRC) blogs.wsj.com - May 31 at 6:53 PM
	SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation Concerning the Fairness of the Sale of Electro Rent Corporation to Platinum Equity - ELRC (NASDAQ:ELRC) finance.yahoo.com - May 31 at 5:28 PM