ECN Capital Corp (TSE:ECN) has earned an average recommendation of “Buy” from the seven brokerages that are presently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is C$5.54.

ECN has been the subject of several analyst reports. National Bank Financial upped their target price on ECN Capital from C$5.50 to C$6.00 and gave the company an “outperform” rating in a report on Thursday, August 8th. TD Securities upped their target price on ECN Capital from C$5.00 to C$5.50 and gave the company a “buy” rating in a report on Thursday, July 25th. CIBC upped their target price on ECN Capital from C$5.00 to C$5.25 in a report on Thursday, August 8th. Raymond James upped their target price on ECN Capital from C$4.00 to C$5.25 and gave the company a “market perform” rating in a report on Thursday, August 8th. Finally, Royal Bank of Canada upped their target price on ECN Capital from C$5.00 to C$5.50 in a report on Thursday, August 8th.

Shares of ECN Capital stock traded down C$0.01 on Tuesday, reaching C$4.55. The company’s stock had a trading volume of 198,400 shares, compared to its average volume of 585,682. The company has a market capitalization of $1.09 billion and a P/E ratio of -6.83. ECN Capital has a 52-week low of C$3.13 and a 52-week high of C$5.19. The stock has a 50-day moving average price of C$4.58 and a 200-day moving average price of C$4.32. The company has a quick ratio of 2.69, a current ratio of 3.93 and a debt-to-equity ratio of 49.69.

ECN Capital (TSE:ECN) last issued its quarterly earnings results on Wednesday, August 7th. The company reported C$0.08 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.07 by C$0.01. The firm had revenue of C$82.94 million for the quarter, compared to analysts’ expectations of C$86.40 million. Sell-side analysts forecast that ECN Capital will post 0.36 earnings per share for the current fiscal year.

ECN Capital Company Profile

ECN Capital Corp. originates, manages, and advises on prime consumer credit portfolios primarily in the United States. The company operates through Service Finance – Unsecured Consumer Loans; Triad – Secured Consumer Loans; and Kessler – Consumer Credit Cards segments. It provides prime credit portfolio solutions that include unsecured consumer loan portfolios, including home improvement loans; secured consumer loan portfolios, such as manufactured home loans; and consumer credit card portfolios.

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Analyst Recommendations for ECN Capital (TSE:ECN)

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