Is it time to Buy before this week’s earning report General Finance (NASDAQ:GFN)

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Earnings results for General Finance (NASDAQ:GFN)

General Finance Corporation is expected* to report earnings on 09/09/2020 before market open. The report will be for the fiscal Quarter ending Jun 2020. According to Zacks Investment Research, based on 1 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.04. The reported EPS for the same quarter last year was $0.18.

Analyst Opinion on General Finance (NASDAQ:GFN)

2 Wall Street analysts have issued ratings and price targets for General Finance in the last 12 months. Their average twelve-month price target is $9.00, predicting that the stock has a possible upside of 46.34%. The high price target for GFN is $9.00 and the low price target for GFN is $9.00. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus rating of “Buy.”

General Finance has received a consensus rating of Buy. The company’s average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings. According to analysts’ consensus price target of $9.00, General Finance has a forecasted upside of 46.3% from its current price of $6.15. General Finance has received no research coverage in the past 90 days.

Dividend Strength: General Finance (NASDAQ:GFN)

General Finance does not currently pay a dividend. General Finance does not have a long track record of dividend growth.

Insiders buying/selling: General Finance (NASDAQ:GFN)

In the past three months, General Finance insiders have sold 1,411.33% more of their company’s stock than they have bought. Specifically, they have bought $11,258.00 in company stock and sold $170,145.00 in company stock. Only 27.40% of the stock of General Finance is held by insiders. Only 23.47% of the stock of General Finance is held by institutions.

Earnings and Valuation of General Finance (NASDAQ:GFN

Earnings for General Finance are expected to decrease by -32.50% in the coming year, from $0.40 to $0.27 per share. The P/E ratio of General Finance is 21.96, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.38. The P/E ratio of General Finance is 21.96, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 37.96. General Finance has a PEG Ratio of 1.93. PEG Ratios above 1 indicate that a company could be overvalued. General Finance has a P/B Ratio of 1.36. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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