Finning International Inc. (OTCMKTS:FINGF - Get Free Report)'s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $73.50, but opened at $70.34. Finning International shares last traded at $70.34, with a volume of 108 shares traded.
Analysts Set New Price Targets
Several research analysts recently issued reports on FINGF shares. Royal Bank Of Canada reiterated an "outperform" rating on shares of Finning International in a research report on Thursday, February 12th. TD Securities reiterated a "buy" rating on shares of Finning International in a research report on Tuesday, February 17th. Finally, Scotiabank reiterated an "outperform" rating on shares of Finning International in a research report on Thursday, January 29th. Six research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat.com, Finning International currently has a consensus rating of "Moderate Buy".
View Our Latest Stock Analysis on FINGF
Finning International Trading Down 4.3%
The stock has a market capitalization of $9.19 billion and a P/E ratio of 97.69. The company has a current ratio of 1.67, a quick ratio of 0.75 and a debt-to-equity ratio of 0.43. The stock's fifty day moving average price is $65.76 and its two-hundred day moving average price is $59.32.
Finning International (OTCMKTS:FINGF - Get Free Report) last announced its quarterly earnings data on Tuesday, February 10th. The company reported $0.72 earnings per share for the quarter, missing analysts' consensus estimates of $0.77 by ($0.05). The business had revenue of $1.96 billion during the quarter, compared to the consensus estimate of $1.85 billion. Finning International had a return on equity of 18.01% and a net margin of 6.03%.
About Finning International
(
Get Free Report)
Finning International Inc operates as the world’s largest dealer of Caterpillar machinery, engines and power systems, providing a comprehensive range of sales, rental, parts and service solutions. The company’s core offerings encompass medium- and heavy-duty equipment for industries such as mining, construction, energy, forestry and transportation, along with bespoke power generation packages and digital monitoring tools. Through maintenance contracts and cost-per-hour service agreements, Finning helps customers optimize equipment uptime and total lifecycle costs.
Founded in Vancouver, British Columbia, in 1933, Finning has grown from a single dealership to a global enterprise headquartered in Vancouver’s downtown business district.
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