Research analysts at Oppenheimer reduced their price target on shares ofÂ Essex RentalÂ CorporationÂ (NASDAQ:ESSX)Â from $4.00 to $3.50 in a report released on Tuesday. The firm currently has an â€œoutperformâ€ rating on the stock. Oppenheimerâ€™s price target points to a potential upside of 56.95% from the companyâ€™s current price.
Shares of Essex Rental Corporation (NASDAQ:ESSX) opened at 2.23 on Tuesday. Essex Rental Corporation has a one year low of $2.03 and a one year high of $4.55. The stockâ€™s 50-day moving average is $2.46 and its 200-day moving average is $2.94. The companyâ€™s market cap is $55.3 million.
Essex Rental Corporation (NASDAQ:ESSX) last released its earningsÂ dataÂ on Wednesday, May 7th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.11) by $0.02. Analysts expect that Essex Rental Corporation will post $-0.35 EPS for the current fiscal year.
Essex Rental Corp. conducts itsÂ operationsÂ through Essex Crane Rental Corp (NASDAQ:ESSX).