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Investor Insights

This summary was created by AI, based on 18 opinions in the last 12 months.

Exchange Income EIF-T is a unique company in the Canadian commercial flying business with a strong track record. It has shown consistent growth, solid financial performance, and a focus on making value-add acquisitions. The company has a diversified business model, with a focus on aviation, medivac, government contracts, and pilot schools. Despite recent stock price fluctuations, experts view EIF-T as a strong contender for long-term investment due to its stable dividend growth and repeatable business model.

Consensus
Buy
Valuation
Fair Value
WATCH
Exchange Income

It is a good name and operates in rural and northern areas in Canada. It is the only airline in the North Pacific region. It operates in niche businesses and is like a mini-monopoly. It has a good CEO and she wants to see if this applies to the whole team behind the CEO. Has a 5.7% yield

Transportation & Environmental Services
HOLD
Exchange Income

Good business with strong fundamentals. Continues to win large government contracts. Confident stock will perform over the long term. Would investors to hold company for the long term. 

Transportation & Environmental Services
BUY
Exchange Income

It is unique in the commercial flying business in Canada. It has a very good track record, but there doesn't seem to be a catalyst for growth going forward. He owns it in their income portfolio since its great rate of return means that shareholders are participating in its profitability.

Transportation & Environmental Services
WATCH
Exchange Income

Really well run, proven by its track record. He needs to get comfortable with the way the company does different deals in diversified businesses, leaving management teams in place. Underlying businesses are pretty solid. Sources pilots from First Nations communities. He doesn't yet fully understand the dynamics of northern aviation. Stock doesn't fall too often, and he's looking at it.

Transportation & Environmental Services
PAST TOP PICK
Exchange Income
(A Top Pick Jul 06/23, Down 9%)

Still likes it. They guided for 2024, about 5% below analysts' estimates, due to changes in contracts in their medevac business coming on late. Doesn't bother him, though it effected shares. Likes their transparency and sees this as a buying opportunity. They just landed a contract with Air Canada in eastern Canada. RBC just added it to their conviction list.

Transportation & Environmental Services
BUY ON WEAKNESS
Exchange Income

An historic compounder that pays a good dividend. They buy businesses, invest in them and grow them organically. Done very well this way. But shares have sold off and haven't recovered as he expected. Maybe their deals with airlines are a factor. Fine managers over 20 years ago.

Transportation & Environmental Services
PARTIAL BUY
Exchange Income
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

We can't make short term predictions with any degree of accuracy, but EIF rose 8% with the November rally (plus a 21c dividend). It also just raised its dividend 4.8%. Much of course will depend here, and it will follow the market, but it is not typically the type of stock that 'spikes' higher. We would be OK with a tax loss/rebuy strategy with AD.UN as a short term proxy. 
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Transportation & Environmental Services
BUY
Exchange Income
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

EPS of $1.09 missed expectations of $1.19 and revenues of $687.67M beat estimates of $660.45M. Revenue increased by 17% and Adjusted EBITDA grew by 12%. Its free cash flow was a record $117M, but net earnings per share declined due to the bought deal capital raised in Q2. Its bought deal offering is aimed at financing future growth capital expenditures, and its acquisitions have so far been deemed to be accretive. EIF raised its dividend by $0.12 to a new level of $2.64 per share. Most metrics were quite strong, except when looking at a per share basis, which highlights its rising share count. Management provided guidance of Adjusted EBITDA between $600M and $635M in 2024, with further growth anticipated in 2025 as contracts mature. 

Overall, the company continues to grow its dividends, and while the earnings miss has not been well-received by investors, we think its business is heading in the right direction and it continues to make value-add acquisitions. We consider it buyable and continue to like the stock for higher-risk income and growth. 
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Transportation & Environmental Services
TOP PICK
Exchange Income

Leader in Canadian aerospace, interesting manufacturing. Aerospace is in niche markets, without much competition. Medivac, pilot schools, government contracts for maritime surveillance. Expects huge revenue and profit growth when contracts renew in 2025. Yield is 5.44%, dividend should grow.

(Analysts’ price target is $67.15)
Transportation & Environmental Services
PAST TOP PICK
Exchange Income
(A Top Pick Nov 24/22, Down 3%)

Surprised that share price is lower. Very successful in recent company performance. Great company with great management team. Will continue to hold. 

Transportation & Environmental Services
BUY
Exchange Income

Solid, double-digit EBITDA growth on latest results. Raising dividend soon, 47% payout ratio. Trades below its 5-year average. Raised guidance. Problems are that there are a lot of cheap stocks out there and its balance sheet. Trades at 11x earnings, with 16% EPS growth.

Transportation & Environmental Services
COMMENT
Exchange Income

The chart is struggling to consolidate. You don't want to see it fall below the previous low (and currently) of $50. But if it breaks upwards, you buy it.

Transportation & Environmental Services
BUY ON WEAKNESS
Exchange Income

Diversified industrial company. 
Wellington-Altus a major shareholder.
Strong dividend payout with good share price performance. 
Concern: bought deals during high share price environments. 
Wait to buy when shares fall to $40 range. 

Transportation & Environmental Services
BUY ON WEAKNESS
Exchange Income

Doesn't own it because it lacks a clear strategy, though they buy profitable businesses well. Can they sustain that? Appears to, based on their track record. He prefers safer investments with strong assets. He continues to watch this, maybe buy on dips.

Transportation & Environmental Services
TOP PICK
Exchange Income

Likes CEO and management. Accretive acquisitions, to which it brings capital and expertise. Really consistent. Dividend has grown 5% annually for 19 years. Returned just south of 20% annually during that time. Repeatable business model. Recent $172M equity financing. Recent big contracts from BC government and AC. About $1B in liquidity to fund the next opportunity. Yield is 4.88%.

(Analysts’ price target is $66.77)
Transportation & Environmental Services
Showing 1 to 15 of 126 entries

Exchange Income(EIF-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 9

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 10

Stockchase rating for Exchange Income is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Exchange Income(EIF-T) Frequently Asked Questions

What is Exchange Income stock symbol?

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

Is Exchange Income a buy or a sell?

In the last year, 10 stock analysts published opinions about EIF-T. 9 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.

Is Exchange Income a good investment or a top pick?

Exchange Income was recommended as a Top Pick by on . Read the latest stock experts ratings for Exchange Income.

Why is Exchange Income stock dropping?

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.

Is Exchange Income worth watching?

10 stock analysts on Stockchase covered Exchange Income In the last year. It is a trending stock that is worth watching.

What is Exchange Income stock price?

On 2024-07-23, Exchange Income (EIF-T) stock closed at a price of $48.31.