ValuEngine upgraded shares of General Finance (NASDAQ:GFN) from a sell rating to a hold rating in a research report report published on Tuesday morning, ValuEngine reports.

Separately, Zacks Investment Research downgraded General Finance from a buy rating to a hold rating in a research note on Monday, July 15th.

Shares of General Finance stock opened at $9.80 on Tuesday. The business has a 50-day moving average of $8.02 and a 200-day moving average of $8.48. The company has a debt-to-equity ratio of 3.00, a current ratio of 1.47 and a quick ratio of 1.07. The company has a market capitalization of $320.55 million, a PE ratio of 26.25, a P/E/G ratio of 1.34 and a beta of 1.53. General Finance has a 1-year low of $6.95 and a 1-year high of $16.15.

General Finance (NASDAQ:GFN) last posted its quarterly earnings results on Wednesday, September 11th. The business services provider reported $0.18 EPS for the quarter, topping the Zacks’ consensus estimate of $0.13 by $0.05. The business had revenue of $96.21 million during the quarter, compared to the consensus estimate of $96.15 million. General Finance had a return on equity of 11.65% and a net margin of 0.38%. On average, equities analysts expect that General Finance will post 0.66 earnings per share for the current fiscal year.

Large investors have recently bought and sold shares of the stock. Royal Bank of Canada grew its stake in General Finance by 1,027.6% in the second quarter. Royal Bank of Canada now owns 3,800 shares of the business services provider’s stock worth $32,000 after purchasing an additional 3,463 shares in the last quarter. Marshall Wace LLP acquired a new position in General Finance in the first quarter worth about $81,000. Bank of America Corp DE grew its stake in General Finance by 13.5% in the fourth quarter. Bank of America Corp DE now owns 10,757 shares of the business services provider’s stock worth $108,000 after purchasing an additional 1,282 shares in the last quarter. SG Americas Securities LLC acquired a new position in General Finance in the second quarter worth about $100,000. Finally, Royce & Associates LP grew its stake in General Finance by 14.3% in the first quarter. Royce & Associates LP now owns 48,025 shares of the business services provider’s stock worth $448,000 after purchasing an additional 6,000 shares in the last quarter. Institutional investors and hedge funds own 23.96% of the company’s stock.

General Finance Company Profile

General Finance Corporation, a specialty rental services company, provides portable storage, modular space, and liquid containment solutions in North America and the Asia-Pacific regions. Its portable storage products include storage containers used in classroom equipment storage, construction equipment and tool storage, disaster shelters, landscaping sheds, recreational equipment storage, and retail inventory storage applications; and freight containers used in freight transportation by road and rail.

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