General Finance Corp. (GFN) Stock Rating Upgraded by Zacks Investment Research
General Finance Corp. (NASDAQ:GFN) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report issued on Wednesday.
According to Zacks, “General Finance Corporation provides mobile storage, liquid containment and modular space solutions. General Finance Corporation is headquartered in Pasadena, California. “
Separately, DA Davidson reiterated a “buy” rating and issued a $6.00 price target on shares of General Finance Corp. in a research note on Tuesday.
General Finance Corp. (NASDAQ:GFN) opened at 4.15 on Wednesday. The stock has a 50 day moving average of $4.31 and a 200-day moving average of $4.32. The company’s market cap is $108.80 million. General Finance Corp. has a 1-year low of $3.50 and a 1-year high of $5.38.
General Finance Corp. (NASDAQ:GFN) last announced its quarterly earnings results on Monday, November 7th. The company reported ($0.08) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.07) by $0.01. General Finance Corp. had a negative net margin of 1.92% and a positive return on equity of 0.22%. On average, equities research analysts predict that General Finance Corp. will post ($0.17) earnings per share for the current year.
In other General Finance Corp. news, CEO Ronald Valenta bought 8,000 shares of the firm’s stock in a transaction on Friday, October 21st. The shares were purchased at an average price of $4.25 per share, for a total transaction of $34,000.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 25.80% of the stock is currently owned by corporate insiders.
General Finance Corp. Company Profile
General Finance Corporation is a specialty rental services company. The Company offers a range of portable storage units, including its core 20-feet and 40-feet steel containers, office container, mobile office and modular space products and steel tanks. It has two geographic areas, which include the Asia-Pacific (Pan-Pacific) area and North America.
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