What is your opinion of Element Fleet Management Corp (EFN-T)

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Jennifer Dowty in the Globe today was positive and sees a potential break-out on a dividend increase (although it looks like it broke out last week already). What do you think of EFN and what do you think of Jennifer if you are allowed or willing to say. She seems to be pretty good, she was on EIF and PLC a while back, two that you guys also own amongst I am sure others–thx

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Asked on October 26, 2020 5:27 pm
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I'm not really a fan (of EFN). The company is seeing slowing sales growth, and in fact earnings have been shrinking at a pretty rapid pace. I'm seeing -18% annual earnings per share decreases over the last decade.

Nice balance sheet, lots of liquidity. But it's a stock I would barely look at considering the trajectory of it's earnings.

I'm really curious if she just is highlighting the stock for short term price action, or actually believes in the company long term.

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Posted by Dan Kent
Answered on October 27, 2020 8:11 am