Scotiabank Has Bullish Estimate for TSE:FTT FY2026 Earnings

Key Points

• Scotiabank raised its FY2026 EPS forecast for Finning International to C$4.66 from C$4.64 and maintained a “Sector Outperform” rating with a C$118 price target. It projects FY2027 EPS of C$5.24, above the current-year consensus estimate of C$4.24.
• Finning reported quarterly EPS of C$1.22 on revenue of C$3.13 billion, with a 19.22% return on equity and a 4.93% net margin.
• Analyst sentiment remains positive: the stock has a consensus “Buy” rating and an average price target of C$117.80, while shares recently opened at C$95.00.

Finning International Inc. (TSE:FTT - Free Report) - Stock analysts at Scotiabank increased their FY2026 earnings per share (EPS) estimates for shares of Finning International in a research note issued to investors on Thursday, October 22nd. Scotiabank analyst J. Goldman now forecasts that the company will post earnings per share of $4.66 for the year, up from their previous estimate of $4.64. Scotiabank currently has a "Sector Outperform" rating and a $118.00 target price on the stock. The consensus estimate for Finning International's current full-year earnings is $4.24 per share. Scotiabank also issued estimates for Finning International's FY2027 earnings at $5.24 EPS.

Finning International (TSE:FTT - Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported C$1.22 earnings per share for the quarter. Finning International had a return on equity of 19.22% and a net margin of 4.93%. The business had revenue of C$3.13 billion during the quarter.

Other equities analysts have also issued research reports about the stock. National Bank Financial raised their price objective on shares of Finning International from C$115.00 to C$118.00 and gave the company an "outperform" rating in a research report on Friday, August 7th. Royal Bank Of Canada cut their target price on shares of Finning International from C$130.00 to C$129.00 and set an "outperform" rating for the company in a research note on Monday, August 10th. Stifel Nicolaus set a C$127.00 target price on shares of Finning International and gave the stock a "buy" rating in a report on Wednesday, September 30th. Finally, BMO Capital Markets lifted their price target on shares of Finning International from C$118.00 to C$122.00 and gave the stock an "outperform" rating in a research report on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating and eight have assigned a Buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus price target of C$117.80.

Finning International Price Performance

TSE:FTT opened at C$95.00 on Friday. The company has a quick ratio of 0.59, a current ratio of 1.47 and a debt-to-equity ratio of 86.86. The business's 50-day moving average price is C$98.35 and its 200 day moving average price is C$98.57. Finning International has a 52-week low of C$70.35 and a 52-week high of C$115.60. The firm has a market cap of C$12.36 billion, a P/E ratio of 22.67, a PEG ratio of 0.56 and a beta of 0.48.

Finning International Company Profile

Finning is the world's largest Caterpillar dealer. Headquartered in Surrey, British Columbia, we sell and rent Caterpillar equipment and provide parts, service and performance solutions in Western Canada, Chile, Argentina, Bolivia, the United Kingdom, and Ireland. Since 1933, we have delivered unrivalled customer service and are committed to solving our customers' toughest challenges.

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