Jose Manuel Tamayo Buys 2,343 Shares of Element Fleet Management (TSE:EFN) Stock

by · The Cerbat Gem

Element Fleet Management Corp. (TSE:EFN – Get Free Report) insider Jose Manuel Tamayo bought 2,343 shares of the company’s stock in a transaction on Wednesday, September 16th. The stock was bought at an average cost of C$24.75 per share, with a total value of C$57,989.25. Following the completion of the purchase, the insider owned 3,844 shares of the company’s stock, valued at approximately C$95,139. The trade was a 156.10% increase in their position.

Element Fleet Management Price Performance

Shares of EFN stock opened at C$24.97 on Friday. Element Fleet Management Corp. has a 1 year low of C$24.55 and a 1 year high of C$38.26. The company has a current ratio of -1,179.03, a quick ratio of 5.70 and a debt-to-equity ratio of 357.23. The firm’s 50 day moving average is C$28.30 and its 200-day moving average is C$29.24. The firm has a market capitalization of C$9.77 billion, a price-to-earnings ratio of 33.74, a PEG ratio of 2.97 and a beta of 0.46.

Element Fleet Management (TSE:EFN – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The financial services provider reported C$0.48 earnings per share for the quarter. Element Fleet Management had a net margin of 12.17% and a return on equity of 10.57%. The business had revenue of C$451.94 million during the quarter. Sell-side analysts forecast that Element Fleet Management Corp. will post 1.6884016 EPS for the current fiscal year.

Element Fleet Management Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 15th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend was Tuesday, June 30th. Element Fleet Management’s dividend payout ratio (DPR) is 54.26%.

Element Fleet Management Company Profile

(Get Free Report)

Element Fleet Management (TSX: EFN) is the largest publicly traded pure play automotive fleet manager in the world and a global leader in intelligent fleet and mobility solutions. Guided by our Purpose to Move the world through intelligent mobility, we help clients manage the vehicles, data, technology, and decisions that keep their businesses moving. Fleet is our foundation, and intelligent mobility is how we lead. By combining deep fleet expertise with connected technologies, data driven intelligence, and strategic partnerships, Element helps clients lower total cost of ownership, improve uptime and driver experience, and build more resilient operations.

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