EQPT (NASDAQ:EQPT) Given Average Recommendation of “Moderate Buy” by Brokerages

EQPT (NASDAQ:EQPT) has received a consensus recommendation of “Moderate Buy” from the ten ratings firms that are covering the company, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $40.50.

EQPT has been the subject of a number of recent research reports. Robert W. Baird dropped their price objective on EQPT from $63.00 to $55.00 and set an “outperform” rating for the company in a research report on Friday. Wall Street Zen upgraded shares of EQPT from a “sell” rating to a “hold” rating in a report on Saturday, March 14th. UBS Group initiated coverage on shares of EQPT in a research note on Tuesday, February 17th. They set a “neutral” rating and a $36.00 price target on the stock. KeyCorp started coverage on shares of EQPT in a report on Tuesday, February 17th. They set a “sector weight” rating for the company. Finally, Wells Fargo & Company cut their price objective on shares of EQPT from $41.00 to $35.00 and set an “overweight” rating for the company in a research report on Friday.

EQPT Price Performance

Shares of NASDAQ:EQPT opened at $21.80 on Friday. EQPT has a one year low of $21.06 and a one year high of $35.50.

EQPT (NASDAQ:EQPT) last released its quarterly earnings results on Wednesday, March 18th. The company reported $0.24 earnings per share for the quarter, topping analysts’ consensus estimates of $0.19 by $0.05. The company had revenue of $1.57 billion during the quarter, compared to analyst estimates of $1.54 billion.

EQPT News Summary

Here are the key news stories impacting EQPT this week:

• Positive Sentiment: Q4 results beat EPS estimates and revenue was roughly in line — EQPT reported $0.24 EPS vs. $0.19 consensus and ~ $1.57B in revenue, supporting the company’s underlying performance. MarketBeat Earnings
• Positive Sentiment: Insider buying was reported (CFO purchased shares recently), a modest signal of insider confidence. Quiver Quantitative
• Neutral Sentiment: Analyst consensus still skews positive overall (average recommendation ~ “Moderate Buy”), so the cuts reflect lower targets more than widespread downgrades to sell. American Banking News
• Neutral Sentiment: Investors can review the Q4 earnings call transcript and slide deck for management commentary on margins, fleet utilization and growth outlook. Seeking Alpha Transcript
• Negative Sentiment: Citigroup cut its price target from $31 to $25 and moved to a “neutral” rating — this downgrade is a direct negative catalyst for today’s selling pressure. Benzinga TickerReport
• Negative Sentiment: Wells Fargo trimmed its target from $41 to $35 but kept an “overweight” stance — a signal that upside is being re‑priced lower across brokers. Benzinga
• Negative Sentiment: Truist lowered its target slightly (to $41) while maintaining a “buy” rating — another reduction that still leaves a large nominal upside but contributes to the downward momentum. Benzinga TickerReport
• Negative Sentiment: Robert W. Baird cut its target from $63 to $55 but kept an “outperform” rating — a large downward adjustment that may prompt profit‑taking from momentum investors. Benzinga TickerReport

EQPT Company Profile

EquipmentShare.com Inc provides integrated, full-service construction solutions across equipment rental, sales and technology. EquipmentShare.com Inc is based in Columbia, Missouri.