Exchange Income (TSE:EIF) Director Donald Streuber Sells 3,500 Shares of Stock

Exchange Income Co. (TSE:EIF) Director Donald Streuber sold 3,500 shares of the firm’s stock in a transaction on Wednesday, September 9th. The stock was sold at an average price of C$120.47, for a total value of C$421,645.00. Following the completion of the transaction, the director owned 27,368 shares in the company, valued at C$3,297,022.96. The trade was a 11.34% decrease in their position.

Donald Streuber also recently made the following trade(s):

• On Thursday, August 20th, Donald Streuber sold 5,000 shares of Exchange Income stock. The stock was sold at an average price of C$130.44, for a total transaction of C$652,200.00.

Exchange Income Trading Down 1.3%

Shares of Exchange Income stock opened at C$118.76 on Friday. The company has a quick ratio of 1.12, a current ratio of 1.63 and a debt-to-equity ratio of 141.68. Exchange Income Co. has a 12-month low of C$69.71 and a 12-month high of C$136.75. The company has a market capitalization of C$6.70 billion, a price-to-earnings ratio of 32.18, a PEG ratio of 1.42 and a beta of 0.94. The firm’s 50-day moving average price is C$126.76 and its two-hundred day moving average price is C$116.40.

Exchange Income (TSE:EIF) last issued its earnings results on Tuesday, August 11th. The company reported C$1.13 EPS for the quarter. The company had revenue of C$952.16 million during the quarter. Exchange Income had a net margin of 5.53% and a return on equity of 11.69%. On average, analysts forecast that Exchange Income Co. will post 3.9962963 earnings per share for the current fiscal year.

Analyst Ratings Changes

EIF has been the subject of a number of research analyst reports. TD boosted their price target on Exchange Income from C$142.00 to C$151.00 and gave the stock a “buy” rating in a report on Thursday, August 13th. ATB Cormark Capital Markets boosted their target price on Exchange Income from C$146.00 to C$165.00 and gave the stock an “outperform” rating in a research note on Thursday, August 13th. Canadian Imperial Bank of Commerce increased their target price on shares of Exchange Income from C$141.00 to C$151.00 in a report on Thursday, August 13th. Scotiabank raised their price target on shares of Exchange Income from C$140.00 to C$150.00 and gave the company a “sector outperform” rating in a research note on Thursday, August 13th. Finally, Royal Bank Of Canada lifted their price target on shares of Exchange Income from C$150.00 to C$156.00 and gave the company an “outperform” rating in a report on Thursday, August 13th. One research analyst has rated the stock with a Strong Buy rating and twelve have issued a Buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of C$145.92.

Exchange Income Company Profile

Exchange Income Corporation is a diversified acquisition-oriented company, focused in two segments: Aerospace & Aviation and Manufacturing. The Corporation uses a disciplined acquisition strategy to identify already profitable, well-established companies that have strong management teams, generate steady cash flow, operate in niche markets and have opportunities for organic growth.