Envirostar (EVI) Issues Earnings Results
Envirostar (NYSEAMERICAN:EVI) released its earnings results on Wednesday. The industrial products company reported $0.13 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. Envirostar had a return on equity of 6.91% and a net margin of 2.14%.
Envirostar (EVI) traded up $0.60 during trading on Thursday, hitting $36.80. 3,652 shares of the stock were exchanged, compared to its average volume of 31,468. Envirostar has a one year low of $17.30 and a one year high of $43.10. The firm has a market cap of $390.78, a P/E ratio of 124.83 and a beta of 1.16.
A number of equities analysts have recently commented on EVI shares. BidaskClub upgraded shares of Envirostar from a “hold” rating to a “buy” rating in a research note on Tuesday, November 14th. TheStreet upgraded shares of Envirostar from a “c+” rating to a “b” rating in a research note on Thursday, December 21st.
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EnviroStar, Inc, through its subsidiary, Steiner-Atlantic Corp., distributes commercial and industrial laundry and dry cleaning equipment, and steam and hot water boilers manufactured by others; supplies replacement parts and accessories, and provides maintenance services to its customers, and designs and plans turnkey laundry, dry cleaning and boiler systems for its institutional, retail, industrial and commercial customers.
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