Duncan Draper Jessiman Sells 1,000 Shares of Exchange Income (TSE:EIF) Stock

Exchange Income Co. (TSE:EIF) Director Duncan Draper Jessiman sold 1,000 shares of the company’s stock in a transaction dated Monday, June 29th. The stock was sold at an average price of C$130.64, for a total transaction of C$130,640.00. Following the completion of the sale, the director owned 5,080 shares in the company, valued at approximately C$663,651.20. This trade represents a 16.45% decrease in their position.

Exchange Income Price Performance

Shares of TSE EIF opened at C$132.94 on Friday. The company has a 50 day simple moving average of C$117.55 and a two-hundred day simple moving average of C$104.19. Exchange Income Co. has a fifty-two week low of C$64.56 and a fifty-two week high of C$135.00. The company has a market capitalization of C$7.49 billion, a price-to-earnings ratio of 38.31, a P/E/G ratio of 1.42 and a beta of 1.01. The company has a debt-to-equity ratio of 141.03, a quick ratio of 1.12 and a current ratio of 1.64.

Exchange Income (TSE:EIF) last issued its quarterly earnings results on Monday, May 11th. The company reported C$0.61 EPS for the quarter. The firm had revenue of C$866.58 million for the quarter. Exchange Income had a return on equity of 11.35% and a net margin of 5.41%. Analysts expect that Exchange Income Co. will post 3.9962963 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on EIF shares. Royal Bank Of Canada upped their price target on shares of Exchange Income from C$127.00 to C$150.00 and gave the stock an “outperform” rating in a research note on Monday, June 29th. TD increased their price objective on shares of Exchange Income from C$125.00 to C$142.00 and gave the company a “buy” rating in a research report on Monday, June 8th. Scotiabank raised their price objective on shares of Exchange Income from C$121.00 to C$129.00 and gave the company an “outperform” rating in a research note on Monday, March 9th. Paradigm Capital lifted their target price on shares of Exchange Income from C$120.00 to C$122.00 and gave the stock a “buy” rating in a report on Wednesday, May 13th. Finally, Raymond James Financial upped their target price on shares of Exchange Income from C$130.00 to C$142.00 and gave the stock a “buy” rating in a research note on Thursday, June 4th. Fourteen equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of C$127.39.

About Exchange Income

Exchange Income Corporation is a diversified acquisition-oriented company, focused in two segments: Aerospace & Aviation and Manufacturing. The Corporation uses a disciplined acquisition strategy to identify already profitable, well-established companies that have strong management teams, generate steady cash flow, operate in niche markets and have opportunities for organic growth.