The stock of Neff Corp (NYSE:NEFF) is a huge mover today! The stock increased 6.02% or $0.75 on November 23, hitting $13.2. About 64,397 shares traded hands or 30.42% up from the average. Neff Corp (NYSE:NEFF) has risen 71.65% since April 22, 2016 and is uptrending. It has outperformed by 66.24% the S&P500.
The move comes after 6 months positive chart setup for the $318.84 million company. It was reported on Nov, 24 by Barchart.com. We have $13.99 PT which if reached, will make NYSE:NEFF worth $19.13 million more.
Analysts await Neff Corp (NYSE:NEFF) to report earnings on March, 6. They expect $0.38 earnings per share, up 58.33% or $0.14 from last year’s $0.24 per share. NEFF’s profit will be $9.18 million for 8.68 P/E if the $0.38 EPS becomes a reality. After $0.41 actual earnings per share reported by Neff Corp for the previous quarter, Wall Street now forecasts -7.32% negative EPS growth.
According to Zacks Investment Research, “Neff Corporation is a regional equipment rental company in the United States. The Company offers earthmoving, material handling, trucks, air compressors, welders, generators, pumps, and other supplies. It also involves in the sale of new and used equipment; and provision of complementary parts, supplies, and merchandise, as well as maintenance services. The company offers a broad array of equipment rental solutions for its diverse customer base, including non-residential construction, oil and gas and residential construction customers. Neff Corporation is based in Miami, Florida.”
More notable recent Neff Corp (NYSE:NEFF) news were published by: Zacks.com which released: “Neff Corp. (NEFF) Worth a Look: Stock Adds 5.5% in Session” on November 18, 2016, also Streetinsider.com with their article: “Neff Corp. (NEFF) Misses Q3 EPS by 1c” published on October 25, 2016, Seekingalpha.com published: “Neff Corp’s (NEFF) CEO Graham Hood on Q2 2016 Results – Earnings Call Transcript” on July 31, 2016. More interesting news about Neff Corp (NYSE:NEFF) were released by: Seekingalpha.com and their article: “Neff Corp’s (NEFF) CEO Graham Hood on Q1 2016 Results – Earnings Call Transcript” published on May 01, 2016 as well as Seekingalpha.com‘s news article titled: “Neff Corp.’s Residential Construction & Earthmovers Pair Well With Fannie Mae …” with publication date: January 13, 2016.
NEFF Company Profile
Neff Corporation, incorporated on August 18, 2014, is an equipment rental company. The Firm offers various equipment rental solutions for its customer base, including non-residential construction, gas and oil, and residential construction customers. The Company’s fleet of equipment includes earthmoving, material handling, aerial and other rental equipment. The Company’s activities are focused on the Sunbelt states of Virginia, North Carolina, South Carolina, Florida, Georgia, Alabama, Tennessee, Louisiana, Texas, Arizona, Nevada and California. The Company’s activities are engaged in rental fleet, equipment sales, and parts and service in approximately five regions in the United States, including Florida, Atlantic, Central, Southeastern and Western. The Firm operates over 65 branches. The Company’s rental fleet consisted of over 14,000 major units of equipment.
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