General Finance Co. (NASDAQ:GFN) – Equities research analysts at Oppenheimer upped their FY2020 EPS estimates for General Finance in a research report issued on Monday, May 13th. Oppenheimer analyst S. Schneeberger now expects that the business services provider will post earnings per share of $0.61 for the year, up from their previous forecast of $0.56.

A number of other analysts also recently issued reports on the company. Zacks Investment Research downgraded General Finance from a “buy” rating to a “hold” rating in a research report on Tuesday. DA Davidson reissued a “buy” rating on shares of General Finance in a research note on Monday, February 11th. Finally, ValuEngine lowered General Finance from a “buy” rating to a “hold” rating in a research note on Friday, January 25th.

NASDAQ:GFN opened at $8.85 on Wednesday. The company has a debt-to-equity ratio of 3.08, a current ratio of 1.46 and a quick ratio of 0.96. General Finance has a 1 year low of $7.75 and a 1 year high of $16.15. The firm has a market capitalization of $265.21 million, a price-to-earnings ratio of 147.50, a PEG ratio of 2.27 and a beta of 1.45.

General Finance (NASDAQ:GFN) last issued its quarterly earnings results on Monday, February 11th. The business services provider reported $0.14 EPS for the quarter, topping the Zacks’ consensus estimate of $0.11 by $0.03. The business had revenue of $97.99 million for the quarter, compared to analyst estimates of $91.70 million. General Finance had a positive return on equity of 8.03% and a negative net margin of 3.85%.

A number of hedge funds have recently modified their holdings of GFN. First Interstate Bank bought a new stake in General Finance during the fourth quarter worth about $45,000. Marshall Wace LLP bought a new stake in General Finance during the first quarter worth about $81,000. Bank of America Corp DE lifted its stake in General Finance by 13.5% during the fourth quarter. Bank of America Corp DE now owns 10,757 shares of the business services provider’s stock worth $108,000 after purchasing an additional 1,282 shares during the last quarter. Rhumbline Advisers bought a new stake in General Finance during the fourth quarter worth about $129,000. Finally, Squarepoint Ops LLC bought a new stake in General Finance during the fourth quarter worth about $217,000. 24.25% of the stock is owned by hedge funds and other institutional investors.

General Finance Company Profile

General Finance Corporation, a specialty rental services company, provides portable storage, modular space, and liquid containment solutions in North America and the Asia-Pacific regions. Its portable storage products include storage containers used in classroom equipment storage, construction equipment and tool storage, disaster shelters, landscaping sheds, recreational equipment storage, and retail inventory storage applications; and freight containers used in freight transportation by road and rail.

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Earnings History and Estimates for General Finance (NASDAQ:GFN)

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