Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Highly cyclical and have significant debts. Their air business has little to no competition. Fundamentals are looking good here. Valuation is a bit pricey at 16.3x forward earnings and 1.1x forward sales. The industry is recovering and growth is expected to resume. Dividend record is solid. Unlock Premium - Try 5i Free
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. There is no recent news to account for the recent weakness. The stock is still up 42% over the last 52-weeks. It will report November 11, and is expected to beat estimates like last quarter. Unlock Premium - Try 5i Free
Does not think there is a risk of a dividend cut. Assets being held include aviation in remote northern communities, industrial businesses and they keep adding to it. It is a junior, private equity arm. An acquisitive player. Yield is competitive and it should grow. Good company, good management team with good operating strategy.
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company beat estimates with EPS at 30 cents against 15 cents estimates. Revenues beat by 7% at $300.7M. Revenu fell 2% yoy but cash flow improved sharply. Payout ratio is down to 62%. Results look good. Unlock Premium - Try 5i Free
A US company like EIF-T, and is it like Cargojet? No, not like Cargojet, and he can't compare EIF to an US company. But a Canadian comparable is Onex, a holding company that owns industrials and several small airlines that served remote regions (i.e. northern Quebec). All airlines are struggling now, but these remote areas still depend on airlines flying there. Onex also owns light industrials, like one they bought in the US recently. Well-managed and a roll-up story. Are astute acquirers. Also pays a juicy dividend.
Exchange Income is a Canadian stock, trading under the symbol EIF-T on the Toronto Stock Exchange (EIF-CT). It is usually referred to as TSX:EIF or EIF-T
In the last year, 1 stock analyst published opinions about EIF-T. 0 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Exchange Income.
Exchange Income was recommended as a Top Pick by on . Read the latest stock experts ratings for Exchange Income.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Exchange Income In the last year. It is a trending stock that is worth watching.
On 2023-03-21, Exchange Income (EIF-T) stock closed at a price of $52.84.