Raymond James Financial Estimates TSE:FTT FY2025 Earnings

Key Points

• Raymond James Financial has revised its FY2025 earnings per share estimate for Finning International from $4.15 to $4.10, with a maintained "Outperform" rating and a price objective of $68.00.
• Multiple analysts have raised their price targets, with TD Securities increasing it to C$57.00, while Royal Bank of Canada raised theirs to C$67.00, contributing to a consensus rating of "Moderate Buy" for the stock.
• Insider transactions revealed significant stock sales over the past three months, with total insider sales amounting to $926,016, suggesting potential concerns regarding insider confidence in the stock.

Finning International Inc. (TSE:FTT - Free Report) - Analysts at Raymond James Financial lowered their FY2025 EPS estimates for shares of Finning International in a report released on Thursday, August 7th. Raymond James Financial analyst S. Hansen now expects that the company will earn $4.10 per share for the year, down from their previous estimate of $4.15. Raymond James Financial currently has a "Outperform" rating and a $68.00 target price on the stock. The consensus estimate for Finning International's current full-year earnings is $4.24 per share. Raymond James Financial also issued estimates for Finning International's Q4 2025 earnings at $1.07 EPS.

Other equities analysts also recently issued reports about the stock. National Bankshares increased their price objective on shares of Finning International from C$48.00 to C$53.00 and gave the company an "outperform" rating in a research note on Thursday, May 22nd. National Bank Financial downgraded shares of Finning International from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 21st. BMO Capital Markets boosted their target price on shares of Finning International from C$57.00 to C$66.00 in a research report on Tuesday, July 22nd. Scotiabank cut their price objective on shares of Finning International from C$65.00 to C$64.00 and set an "outperform" rating for the company in a report on Thursday, August 7th. Finally, TD Securities lifted their price objective on shares of Finning International from C$50.00 to C$57.00 and gave the company a "buy" rating in a report on Thursday, May 22nd. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of C$59.44.

Finning International Trading Down 3.0%

Shares of TSE:FTT traded down C$1.79 during trading on Monday, reaching C$57.51. 97,149 shares of the company were exchanged, compared to its average volume of 497,355. The firm has a market capitalization of C$7.90 billion, a PE ratio of 16.09, a P/E/G ratio of 0.56 and a beta of 1.55. The business's fifty day simple moving average is C$58.26 and its 200-day simple moving average is C$47.59. Finning International has a 12-month low of C$34.59 and a 12-month high of C$62.78. The company has a debt-to-equity ratio of 98.14, a current ratio of 1.65 and a quick ratio of 0.59.

Insider Activity at Finning International

In other Finning International news, Senior Officer Sebastian Tomas Guridi sold 3,299 shares of the business's stock in a transaction dated Thursday, June 5th. The shares were sold at an average price of C$50.82, for a total value of C$167,655.18. Also, Senior Officer Gregory Palaschuk sold 4,070 shares of the business's stock in a transaction dated Monday, June 16th. The shares were sold at an average price of C$54.80, for a total transaction of C$223,036.00. In the last quarter, insiders sold 12,257 shares of company stock valued at $652,460. Corporate insiders own 0.10% of the company's stock.

Finning International Company Profile

Finning International Inc sells, services, and rents heavy equipment, engines, and related products in Canada, Chile, Bolivia, the United Kingdom, Argentina, Ireland, and internationally. The company offers articulated trucks, asphalt pavers, backhoe loaders, cold planers, compactors, dozers, drills, electric rope shovels, excavators, hydraulic mining shovels, material handlers, motor graders, off-highway trucks, pipelayers, road reclaimers, skid steer and compact track loaders, track loaders, underground-hard rock, wheel loaders, and wheel tractor-scrapers, as well as mobile and stationary generator sets.