TSE:ECN

1.71
0.01 (0.59%) 1d
0

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Investor Insights

This summary was created by AI, based on 2 opinions in the last 12 months.

Based on the reviews from different experts, it seems that ECN Capital is currently in a state of uncertainty with no significant news or catalysts in the near future. The company's performance is being closely tied to interest rates, with expectations being very low. However, there is some optimism regarding the potential impact of lower interest rates. Overall, the sentiment towards ECN Capital is cautious but with a hint of confidence in the management's ability to navigate challenging situations.

Consensus
Cautious
Valuation
Fair Value
HOLD
 ECN Capital
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

EPS $0.008; revenue $47.6M. We would like to hold at least until we rates decline, so we can see how the business/stock performs in a different rate environment.
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Financial Services
PARTIAL BUY
 ECN Capital
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

There is not really a lot to add. There has been no news in about a month. Some insiders were granted performance units but no significant buying (we would expect insiders are restricted while the review is ongoing). Typically, catalysts would be earnings and acquisitions. Earnings have been weak, and there may (or not) be acquisition discussions as part of the review. But likely not a lot of catalyst action before the review. Lower interest rates 'should' help sentiment a lot. Consumers (the end customer) remains in generally good shape, with high employment. We would be OK owning some at current levels. Expectations are very low here, but management has pulled rabbits out of hats before. 
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Financial Services
BUY ON WEAKNESS
 ECN Capital
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research.

We still think it is interesting as speculative buy but would not add. We have additional comments posted this morning.
Insiders own 9% directly and 14% via holding companies.
Through third parties, ECN originates prime and super-prime consumer loans for housing and RV purchases as well as for inventory financing and floorplan loans.
With concern on recession and higher interest rates, demand for such loans saw a significant drop in the quarter.
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Financial Services
DON'T BUY
 ECN Capital
Not a good company in terms of financial performance. Valuation not great given current share price. Balance sheet ok, but not a good investment going forward.
Financial Services
BUY
 ECN Capital

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. They announced a special dividend of $7.50. The stock should have moved more on this news. Shares can be bought for the dividend here. Unlock Premium - Try 5i Free

Financial Services
BUY
 ECN Capital

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The stock is still very cheap on all metrics. Considering growth perspectives, current book value and earnings power, it is attractively priced. It also has a strong record of dividend increases. Unlock Premium - Try 5i Free

Financial Services
TOP PICK
 ECN Capital
A leasing company run by Steve Hudson. They did a $265 share buyback late last year, then in February doubled their dividend. Low interest rates will help them. It took a while, but the stock is moving up these days. (Analysts’ price target is $5.39)
Financial Services
PAST TOP PICK
 ECN Capital
(A Top Pick Dec 15/17, Up 4%) They are buying back their shares -- $265 million. The company still trades below book value and now the stock is starting to move higher. Growth projections are still on track.
Financial Services
HOLD
 ECN Capital

The company is in transition to get away from taking on direct interest rate risk. He really likes the valuation and it trades below book value. They need to do another acquisition, report faster revenue growth or increase the dividend to really get things going – and he thinks one of those will happen this year.

Financial Services
DON'T BUY
 ECN Capital

He held it in the past. It trades at around 0.9 times book ($4.40). They are selling down divisions at or above book. They have a lot of acquisitions but deals are not as cheap as they were. He prefers EFN-T.

Financial Services
TOP PICK
 ECN Capital

Steve Hudson is an entrepreneur who has grown and sold companies before. This is trading below its NAV, and is buying back stock. They had an investor presentation this week basically saying look for the 1st quarter to be pretty exciting in terms of acquisitions. They’ve made some acquisitions and dispositions. Has a great balance sheet. Thinks they will be very, very active. A leasing/finance company with low interest rates in a strong economy, trading below its asset value. A pretty safe bet for the next year. Dividend yield of 1%. (Analysts' price target is $5.00.)

Financial Services
WEAK BUY
 ECN Capital

It was a spinoff of Element Financial. He buys when it dips below $4. They are getting into lending for home renovations. They are quite undervalued. It remains to be seen how fast they can grow the company from here. There is some good long term value creation in the name.

Financial Services
PAST TOP PICK
 ECN Capital

(A Top Pick Sept 6/16.) Split into 2 companies. ECN Capital (ECN-T) was up 21%, while Element Fleet Management (EFN-T) was down 11%. He likes both.

Financial Services
SELL
 ECN Capital

Had owned this before the split and did okay on it. CEO couldn’t consolidate the fleet business more aggressively and there wasn’t a lot of growth, so he split the companies and then proposed the structure. Thinks it was completely full of conflicts of interest. The investment community is supporting this because the CEO is a wonderful guy in promoting things. Sold his holdings, because he won’t invest in companies where he doesn’t have confidence in the management team. This has been a massive destruction of shareholder value.

Financial Services
COMMENT
 ECN Capital

A recent spinoff from Element Financial. The stock has had a hard time getting anything going. However, the valuation of the business looks compelling and is something he is watching. It should improve if you believe in his thesis that the economy is improving in the US. This is a name that should do well in that environment. He is a bit cautious on this, but is following it.

Financial Services
Showing 1 to 15 of 17 entries

ECN Capital(ECN-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 2

Stockchase rating for ECN Capital 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.

ECN Capital(ECN-T) Frequently Asked Questions

What is ECN Capital stock symbol?

ECN Capital is a Canadian stock, trading under the symbol ECN-T on the Toronto Stock Exchange (ECN-CT). It is usually referred to as TSX:ECN or ECN-T

Is ECN Capital a buy or a sell?

In the last year, 2 stock analysts published opinions about ECN-T. 1 analyst 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 ECN Capital.

Is ECN Capital a good investment or a top pick?

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

Why is ECN Capital 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 ECN Capital worth watching?

2 stock analysts on Stockchase covered ECN Capital In the last year. It is a trending stock that is worth watching.

What is ECN Capital stock price?

On 2024-05-29, ECN Capital (ECN-T) stock closed at a price of $1.71.