EQPT (NASDAQ:EQPT) Releases Quarterly Earnings Results, Beats Estimates By $0.05 EPS
by Michael Walen · The Markets DailyEQPT (NASDAQ:EQPT – Get Free Report) released its earnings results on Wednesday. The company reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.05, Zacks reports.
EQPT Stock Performance
Shares of EQPT opened at $24.08 on Thursday. EQPT has a fifty-two week low of $23.93 and a fifty-two week high of $35.50.
Analysts Set New Price Targets
A number of equities research analysts have recently weighed in on the stock. Wall Street Zen upgraded shares of EQPT from a “sell” rating to a “hold” rating in a research report on Saturday, March 14th. Citizens Jmp started coverage on EQPT in a report on Tuesday, February 17th. They set a “market outperform” rating and a $42.00 target price on the stock. Robert W. Baird assumed coverage on EQPT in a research note on Tuesday, February 17th. They issued an “outperform” rating and a $63.00 price target for the company. Citigroup cut their price objective on EQPT from $35.00 to $31.00 and set a “neutral” rating on the stock in a research note on Monday, March 9th. Finally, Truist Financial assumed coverage on EQPT in a report on Tuesday, February 17th. They set a “buy” rating and a $43.00 price target for the company. Six research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, EQPT currently has a consensus rating of “Moderate Buy” and an average target price of $43.25.
View Our Latest Analysis on EQPT
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.