Finning International Inc. (TSE:FTT - Get Free Report) crossed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of C$97.87 and traded as high as C$105.99. Finning International shares last traded at C$104.83, with a volume of 620,175 shares trading hands.
Analyst Ratings Changes
FTT has been the subject of a number of research analyst reports. Royal Bank Of Canada dropped their price objective on Finning International from C$130.00 to C$129.00 and set an "outperform" rating for the company in a report on Monday, August 10th. BMO Capital Markets lifted their target price on Finning International from C$118.00 to C$122.00 and gave the company an "outperform" rating in a report on Friday, August 7th. National Bank Financial lifted their target price on Finning International from C$115.00 to C$118.00 and gave the company an "outperform" rating in a report on Friday, August 7th. Stifel Nicolaus set a C$127.00 price target on Finning International and gave the company a "buy" rating in a research report on Wednesday, September 30th. Finally, Scotiabank upped their price target on Finning International from C$114.00 to C$118.00 and gave the stock a "sector outperform" rating in a research note on Tuesday, July 7th. One research analyst has rated the stock with a Strong Buy rating and nine have assigned a Buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus target price of C$117.80.
Read Our Latest Report on Finning International
Finning International Stock Performance
The stock's 50-day moving average is C$97.67 and its 200-day moving average is C$97.87. The stock has a market cap of C$13.64 billion, a price-to-earnings ratio of 25.02, a P/E/G ratio of 0.56 and a beta of 0.48. The company has a current ratio of 1.47, a quick ratio of 0.59 and a debt-to-equity ratio of 86.86.
Finning International (TSE:FTT - Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported C$1.22 EPS for the quarter. The firm had revenue of C$3.13 billion for the quarter. Finning International had a net margin of 4.93% and a return on equity of 19.22%. On average, analysts expect that Finning International Inc. will post 4.24 EPS for the current year.
About Finning International
(
Get Free Report)
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Finning International, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Finning International wasn't on the list.
While Finning International currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
AI spending is reshaping the market, and the opportunity extends far beyond the biggest chipmakers. Discover 10 stocks set to benefit from powerful trends in AI infrastructure, cloud computing, energy, capital returns, and consumer growth this fall.
Get This Free Report
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Like this article? Share it with a colleague.
Link copied to clipboard.
