EquipmentShare.com Inc (NASDAQ:EQPT) Given Average Recommendation of “Hold” by Brokerages

EquipmentShare.com Inc (NASDAQ:EQPT) has earned an average rating of “Hold” from the eleven research firms that are covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and six have assigned a buy recommendation to the company. The average 12 month target price among brokers that have covered the stock in the last year is $38.8750.

Several research firms have weighed in on EQPT. Truist Financial decreased their price target on shares of EquipmentShare.com from $41.00 to $34.00 and set a “buy” rating for the company in a research note on Monday, April 20th. KeyCorp initiated coverage on shares of EquipmentShare.com in a research report on Tuesday, February 17th. They set a “sector weight” rating for the company. Wells Fargo & Company decreased their target price on shares of EquipmentShare.com from $35.00 to $32.00 and set an “overweight” rating for the company in a research report on Monday, April 13th. Zacks Research raised shares of EquipmentShare.com to a “hold” rating in a research report on Wednesday, February 18th. Finally, Wall Street Zen raised shares of EquipmentShare.com from a “sell” rating to a “hold” rating in a research report on Saturday, March 14th.

EquipmentShare.com Stock Up 5.8%

EQPT opened at $21.80 on Friday. EquipmentShare.com has a 1-year low of $17.95 and a 1-year high of $35.50. The firm has a fifty day moving average of $23.17.

EquipmentShare.com (NASDAQ:EQPT) last posted its quarterly earnings results on Wednesday, March 18th. The company reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.05. The company had revenue of $1.57 billion during the quarter, compared to the consensus estimate of $1.54 billion. On average, equities analysts predict that EquipmentShare.com will post 0.47 earnings per share for the current year.

About EquipmentShare.com

EquipmentShare.com Inc provides integrated, full-service construction solutions across equipment rental, sales and technology. EquipmentShare.com Inc is based in Columbia, Missouri.