TSE:EFN
10.88
0.05
(0.46%)
Element Fleet Management
EFN-T
Analysis and Opinions about EFN-T
Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
March 3, 2020
(A Top Pick Nov 28/19, Up 11%) An example of looking 12 months out. Good cashflow. Leader in fleet management. Lets corporate customers outsource that task. Earnings are going up. Trades at 10x earnings. Stock will do well no matter what the market's doing.
Show full opinionHide full opinion
(A Top Pick Nov 28/19, Up 11%) An example of looking 12 months out. Good cashflow. Leader in fleet management. Lets corporate customers outsource that task. Earnings are going up. Trades at 10x earnings. Stock will do well no matter what the market's doing.
TOP PICK
TOP PICK
January 31, 2020
They had changed some key management positions, which has cleaned the company up along with the balance sheet over the past couple of quarters. It trades at about 12 times earnings and earnings are growing by 20% next year. It is also a play on Amazon as there are rumours they will provide more fleet equipment to them and perhaps even receive some financial backing from them. Yield 1.42% (Analysts’ price target is $13.91)
Show full opinionHide full opinionThey had changed some key management positions, which has cleaned the company up along with the balance sheet over the past couple of quarters. It trades at about 12 times earnings and earnings are growing by 20% next year. It is also a play on Amazon as there are rumours they will provide more fleet equipment to them and perhaps even receive some financial backing from them. Yield 1.42% (Analysts’ price target is $13.91)
BUY WEAKNESS
BUY WEAKNESS
January 17, 2020
More upside? He took profit a while ago. It has great price momentum, but the low ROE, high valuation metrics, and high debt levels make it look very expensive. He would like to see it pullback before buying in again.
Show full opinionHide full opinionMore upside? He took profit a while ago. It has great price momentum, but the low ROE, high valuation metrics, and high debt levels make it look very expensive. He would like to see it pullback before buying in again.
TOP PICK
TOP PICK
November 28, 2019
New management team has done quite well this year. NA's leading fleet manager. Recently had a debt upgrade, so this will add to its profitability. Nice free cashflow. Small, but growing, dividend. Trades at only 11x next year's earnings. Yield is 1.57%. (Analysts’ price target is $13.86)
Show full opinionHide full opinionNew management team has done quite well this year. NA's leading fleet manager. Recently had a debt upgrade, so this will add to its profitability. Nice free cashflow. Small, but growing, dividend. Trades at only 11x next year's earnings. Yield is 1.57%. (Analysts’ price target is $13.86)
WATCH
WATCH
November 7, 2019
They just had a pretty solid quarter. They are doing some cost-cutting and achieved greater than targeted results. They are on the higher risk end of the spectrum but with these results it is looking interesting.
Show full opinionHide full opinionThey just had a pretty solid quarter. They are doing some cost-cutting and achieved greater than targeted results. They are on the higher risk end of the spectrum but with these results it is looking interesting.
PAST TOP PICK
PAST TOP PICK
August 26, 2019
(A Top Pick Sep 05/18, Up 53%) He had to stomach a lot of volatility to hang onto it. He took some losses initially. 18 months ago they went into a leasing venture with an American company that didn't work out. EFN was a favourite short on the market, bottoming around $3. But it's the #1 fleet manager in North America and Australia, a great business which generates a ton of free cash flow. New managers have turned EFN around, fixing the balance sheet.
Show full opinionHide full opinion(A Top Pick Sep 05/18, Up 53%) He had to stomach a lot of volatility to hang onto it. He took some losses initially. 18 months ago they went into a leasing venture with an American company that didn't work out. EFN was a favourite short on the market, bottoming around $3. But it's the #1 fleet manager in North America and Australia, a great business which generates a ton of free cash flow. New managers have turned EFN around, fixing the balance sheet.
DON'T BUY
DON'T BUY
August 16, 2019
It is a fairly new company on the market. A dividend of 9% is a warning signal and the dividend could be cut or illuminated. If this happens, the stock price will take a hit.
Show full opinionHide full opinionIt is a fairly new company on the market. A dividend of 9% is a warning signal and the dividend could be cut or illuminated. If this happens, the stock price will take a hit.
PAST TOP PICK
PAST TOP PICK
July 26, 2019
(A Top Pick Jul 06/18, Up 76%) #1 in corporate vehicle leasing. He bought it when they just came off a failed sale, and had to restructure with a write-down. The CEO was replaced. Now, earnings have recovered. Scores in the top 5% for price momentum. It's now expensive with high valuations. They beat a recent quarter, but carry a lot of debt. Valuation is way up. Pays only 1.7% yield, so you rely on growth.
Show full opinionHide full opinion(A Top Pick Jul 06/18, Up 76%) #1 in corporate vehicle leasing. He bought it when they just came off a failed sale, and had to restructure with a write-down. The CEO was replaced. Now, earnings have recovered. Scores in the top 5% for price momentum. It's now expensive with high valuations. They beat a recent quarter, but carry a lot of debt. Valuation is way up. Pays only 1.7% yield, so you rely on growth.
DON'T BUY
DON'T BUY
May 10, 2019
Had beaten earnings strongly recently. It now has price momentum. It still holds a lot of debt. It has a low ROE. Not one he would own. (Analysts’ price target is $11.38)
Show full opinionHide full opinionHad beaten earnings strongly recently. It now has price momentum. It still holds a lot of debt. It has a low ROE. Not one he would own. (Analysts’ price target is $11.38)
TOP PICK
TOP PICK
September 5, 2018
Unknown in Canada so it's subject to volatility. It's the North American and Australian leader in fleet management. Generates a lot of free cash flow. Trades at a discount to book value at 8x next year's earnings. (4.3% dividend, Analysts' price target: $7.55)
Unknown in Canada so it's subject to volatility. It's the North American and Australian leader in fleet management. Generates a lot of free cash flow. Trades at a discount to book value at 8x next year's earnings. (4.3% dividend, Analysts' price target: $7.55)
TOP PICK
TOP PICK
July 6, 2018
This was rumoured to be up for sale but the value-maximization process failed and many US catalyst-investors dumped their shares, creating a compelling valuation. It trades at 0.7x book, which is well below its historical average and below the industry. They do fleet management, their leasing business is fairly stable and mainly in the U.S. They have good customer diversity and increasing origination. The yield is 5% and well covered. He thinks the worst is behind this stock and it is time to pick it up. (Analysts’ price target is $7.06)
This was rumoured to be up for sale but the value-maximization process failed and many US catalyst-investors dumped their shares, creating a compelling valuation. It trades at 0.7x book, which is well below its historical average and below the industry. They do fleet management, their leasing business is fairly stable and mainly in the U.S. They have good customer diversity and increasing origination. The yield is 5% and well covered. He thinks the worst is behind this stock and it is time to pick it up. (Analysts’ price target is $7.06)
PAST TOP PICK
PAST TOP PICK
June 14, 2018
(A Top Pick Sept 27/17, down 27%). Company generates a lot of free cash flow. All through their downturn, still generated free cash flow. Market leader in fleet management, have worked through their earlier problems, insider buyer in stock, and pays a nice dividend. Is cheap at this price. Really likes it.
(A Top Pick Sept 27/17, down 27%). Company generates a lot of free cash flow. All through their downturn, still generated free cash flow. Market leader in fleet management, have worked through their earlier problems, insider buyer in stock, and pays a nice dividend. Is cheap at this price. Really likes it.
COMMENT
COMMENT
June 1, 2018
He used to own it. They had an opportunity to grow their leasing platform in the U.S., but in mid-2016 their strategy stalled. They tried to sell data analytics to their clients without success. That's when he exited. Also, management has turned over recently and the company is now heavily leveraged. Stock is cheap, so now may be an opportunity. The risk has likely passed.
He used to own it. They had an opportunity to grow their leasing platform in the U.S., but in mid-2016 their strategy stalled. They tried to sell data analytics to their clients without success. That's when he exited. Also, management has turned over recently and the company is now heavily leveraged. Stock is cheap, so now may be an opportunity. The risk has likely passed.
DON'T BUY
DON'T BUY
May 10, 2018
The split created liquidity. It is low now. In his experience stock don’t do well after splits. Hitting lows on high volume which is not positive.
The split created liquidity. It is low now. In his experience stock don’t do well after splits. Hitting lows on high volume which is not positive.
SPECULATIVE BUY
SPECULATIVE BUY
April 10, 2018
Lost half its value this year. Doesn't look good, fundamentally. Buy on a short-term basis. Stock has been consolidating. Set a $3.80 stop. Could reach $5 short-term. Volume is okay.
Lost half its value this year. Doesn't look good, fundamentally. Buy on a short-term basis. Stock has been consolidating. Set a $3.80 stop. Could reach $5 short-term. Volume is okay.
Element Fleet Management(EFN-T) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 2
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 2
Element Fleet Management(EFN-T) Frequently Asked Questions
What is Element Fleet Management stock symbol?
Element Fleet Management is a Canadian stock, trading under the symbol EFN-T on the Toronto Stock Exchange (EFN-CT). It is usually referred to as TSX:EFN or EFN-T
Is Element Fleet Management a buy or a sell?
In the last year, 2 stock analysts published opinions about EFN-T. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is PAST TOP PICK. Read the latest stock experts' ratings for Element Fleet Management.
Is Element Fleet Management a good investment or a top pick?
Element Fleet Management was recommended as a Top Pick by Alex Ruus on 2020-03-03. Read the latest stock experts ratings for Element Fleet Management.
Why is Element Fleet Management 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 Element Fleet Management worth watching?
2 stock analysts on Stockchase covered Element Fleet Management In the last year. It is a trending stock that is worth watching.
What is Element Fleet Management stock price?
On 2020-09-25, Element Fleet Management (EFN-T) stock closed at a price of $10.88.
