Electro Rent Corporation is a United States-based company, which provides rental, leasing and sales of general purpose electronic test equipment, personal computers and servers. The Company offers products under categories, which include electrical and power test products, used equipment products and telecommunication test equipment. Its electrical and power test products include battery test sets, relay test sets and circuit breaker. Its used test equipment categories include industrial/electrical testing, electronic test and measurement, and communications testing. Its telecommunication test equipment offers equipment for tower/distributed antenna system (DAS)/base station, transmission, wireline/structured cabling and optical. It offers services, such as rent/lease options, new equipment sales, used equipment sales, rent to own programs and full-service solutions. It offers equipment for applications, including load pull and memory test.
Industry, Sector and Symbol:
- Sector: Industrials
- Industry: Commercial Equipment Rental
- Sub-Industry: Technology Distributors
- Symbol: NASDAQ:ELRC
- CUSIP: 28521810
- Web: www.electrorent.com/
Average Prices:- 50 Day Moving Avg: $15.32
- 200 Day Moving Avg: $11.39
- 52 Week Range: $7.30 - $15.57
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 23.83
- P/E Growth: 0.00
Profitability:- Net Margins: -2.26%
- Return on Equity: -1.59%
- Return on Assets: -1.24%
Misc:- Average Volume: 150,667 shs.
- Beta: 1.05
Frequently Asked Questions for Electro Rent (NASDAQ:ELRC)
What is Electro Rent's stock symbol?
Electro Rent trades on the NASDAQ under the ticker symbol "ELRC."
How were Electro Rent's earnings last quarter?
Electro Rent Co. (NASDAQ:ELRC) issued its earnings results on Friday, April, 8th. The company reported $0.04 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.11 by $0.07. The company earned $39.50 million during the quarter. Electro Rent had a negative net margin of 2.26% and a negative return on equity of 1.59%. View Electro Rent's Earnings History.
Who are some of Electro Rent's key competitors?
Some companies that are related to Electro Rent include E I Du Pont De Nemours And Co (DD), Redt Energy PLC (CCE), Relx PLC (REL), Precision Castparts Corp. (PCP), Ryanair Holdings Plc (RYA), BAE Systems plc (BA), First Data Corp (FDC), Rolls-Royce Holding PLC (RR), CNH Industrial NV (CNHI), Experian plc (EXPN), Pall (PLL), International Consolidated Airlns Grp SA (IAG), Worldpay Group PLC (WPG), Intertek Group plc (ITRK), Ashtead Group plc (AHT), Keysight Technologies (KEYS), Bunzl plc (BNZL) and Smiths Group plc (SMIN).
How do I buy Electro Rent stock?
Shares of Electro Rent can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Electro Rent's stock price today?
One share of Electro Rent stock can currently be purchased for approximately $15.49.
MarketBeat Community Rating for Electro Rent (NASDAQ ELRC)MarketBeat's community ratings are surveys of what our community members think about Electro Rent and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Electro Rent (NASDAQ:ELRC) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | No ratings tracked in the last 12 months. |
| Consensus Rating: | N/A (Score: NaN) |
| Consensus Price Target: | N/A |
Analysts' Ratings History for Electro Rent (NASDAQ:ELRC)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 5/31/2016 | Sidoti | Downgrade | Buy -> Neutral | | N/A |  |
(Data available from 9/21/2015 forward)
Earnings History for Electro Rent (NASDAQ:ELRC)Earnings History by Quarter for Electro Rent (NASDAQ ELRC)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 4/8/2016 | Q316 | $0.11 | $0.04 | | $39.50 million | 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 | Q4 2014 | $0.22 | $0.19 | | $61.08 million | View | N/A | |
| 4/7/2014 | Q3 2014 | $0.24 | $0.19 | | $62.02 million | 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 (NASDAQ:ELRC)Current Year EPS Consensus Estimate: $0.35 EPS
Next Year EPS Consensus Estimate: $0.65 EPS
Current Dividend Information for Electro Rent (NASDAQ:ELRC)| Most Recent Dividend: | 4/8/2016 |
| Annual Dividend: | $0.50 |
| Dividend Yield: | 3.23% |
| Payout Ratio: | 135.14% (Trailing 12 Months of Earnings)
142.86% (Based on This Year's Estimates)
76.92% (Based on Next Year's Estimates)
|
Dividend History by Quarter for Electro Rent (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 (NASDAQ:ELRC)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Electro Rent (NASDAQ:ELRC)
Latest Headlines for Electro Rent (NASDAQ:ELRC)
| Source: |
|
| Date | Headline |
|---|
 | Despite Brexit, These 4 Stocks Were MajorIn The Green On Friday
finance.yahoo.com - August 5 at 5:29 PM |
| Despite Brexit, These 4 Stocks Were MajorIn The Green On Friday
finance.yahoo.com - August 5 at 5:29 PM |
| Company News for June 27, 2016
finance.yahoo.com - August 5 at 5:29 PM |
| Company News for June 27, 2016
finance.yahoo.com - August 5 at 5:29 PM |
| Private Capital Exits Advanced Auto Parts
finance.yahoo.com - November 22 at 4:33 PM |
| ELECTRO RENT CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Termination of a Material Definitiv
biz.yahoo.com - August 10 at 11:00 PM |
| ELECTRO RENT CORP Files SEC form 10-K, Annual Report
biz.yahoo.com - August 9 at 9:03 PM |
 | Electro Rent shareholders OK Platinum Equity buyout
seekingalpha.com - August 5 at 7:25 PM |
| Electro Rent Shareholders Approve Acquisition by Platinum Equity
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
biz.yahoo.com - August 5 at 4:51 PM |
 | SHAREHOLDER ALERT: Brodsky & Smith, LLC Files Class Action against Electro Rent Corporation in Connection with the Sale of the Company - ELRC
www.bizjournals.com - July 13 at 10:03 PM |
 | Electro Rent Corp. (ELRC) Leaped After Platinum Equity Boosted Offer
www.rttnews.com - June 28 at 9:42 AM |
| Platinum Equity raises bid for Electro Rent to $382 million
www.bizjournals.com - June 27 at 5:00 PM |
| Electro Rent's buyout offer price increased by 18%
seekingalpha.com - June 24 at 1:01 PM |
 | Top Performing Industries For June 24, 2016
feeds.benzinga.com - June 24 at 12:44 PM |
 | Platinum Equity Raises Electro Rent (ELRC) Offer to $15.50/Share
www.streetinsider.com - June 24 at 11:36 AM |
| Electro Rent Corp. (ELRC) Is Jumping After Platinum Equity Ups Bid
www.rttnews.com - June 24 at 11:35 AM |
| Electro Rent Corporation Acquisition May Not Be in the Best Interests of ELRC Shareholders
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
finance.yahoo.com - June 9 at 11:03 AM |
| SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation Concerning the Sale of Electro Rent Corporation to Platinum Equity for $13.12 Per Share - ELRC
finance.yahoo.com - June 6 at 2:46 PM |
 | SHAREHOLDER ALERT:Brodsky& Smith, LLC AnnouncesInvestigationof The Board of Directors of Electro Rent Corporation
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
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
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
finance.yahoo.com - June 1 at 5:30 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
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
finance.yahoo.com - June 1 at 12:58 PM |
| Ryan & Maniskas, LLP Announces Investigation of Electro Rent Corporation
finance.yahoo.com - June 1 at 11:07 AM |
| Wolf Popper LLP Investigates Buyout of Electro Rent Corporation by Platinum Equity
finance.yahoo.com - June 1 at 10:45 AM |
| Electro Rent Corp. (ELRC) Soared To A New High After Merger Agreement
www.rttnews.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
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
finance.yahoo.com - May 31 at 10:38 PM |
Electro Rent (ELRC) Chart for Thursday, September, 21, 2017
