EQPT (NASDAQ:EQPT) Given Average Rating of “Moderate Buy” by Brokerages

Shares of EQPT (NASDAQ:EQPT) have been given a consensus recommendation of “Moderate Buy” by the ten analysts that are covering the firm, MarketBeat reports. Four investment analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $40.50.

A number of research firms have commented on EQPT. Wall Street Zen upgraded shares of EQPT from a “sell” rating to a “hold” rating in a report on Saturday, March 14th. Truist Financial cut their price objective on shares of EQPT from $43.00 to $41.00 and set a “buy” rating for the company in a report on Friday, March 20th. Robert W. Baird cut their price objective on shares of EQPT from $63.00 to $55.00 and set an “outperform” rating for the company in a report on Friday, March 20th. KeyCorp began coverage on shares of EQPT in a report on Tuesday, February 17th. They issued a “sector weight” rating for the company. Finally, Zacks Research upgraded shares of EQPT to a “hold” rating in a report on Wednesday, February 18th.

EQPT Price Performance

EQPT stock opened at $19.32 on Wednesday. EQPT has a 12 month low of $18.80 and a 12 month high of $35.50. The company has a 50-day simple moving average of $27.16.

EQPT (NASDAQ:EQPT) last released its quarterly earnings data on Wednesday, March 18th. The company reported $0.24 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.05. The business had revenue of $1.57 billion during the quarter, compared to analyst estimates of $1.54 billion.

About EQPT

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