TSE:FTT

Finning International - FTT Stock Forecast, Price & News

C$25.00

-0.68 (-2.65%)

(As of 10/7/2022 04:03 PM ET)

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Today's Range: C$24.86
▼
C$25.40
50-Day Range: C$23.78
▼
C$29.74
52-Week Range: C$23.46
▼
C$40.22

Volume: 155,075 shs
Average Volume: 477,089 shs
Market Capitalization: C$3.84 billion

P/E Ratio: 9.43
Dividend Yield: 3.68%
Price Target: C$42.33

Finning International MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 68.8% Upside
C$42.33 Price Target
Short Interest: N/A
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Acquiring Shares
C$26,741 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.53 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Finning International has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$42.33, Finning International has a forecasted upside of 68.8% from its current price of C$25.08.
Amount of Analyst Coverage
Finning International has only been the subject of 1 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for FTT.

2.5

Dividend Strength

Dividend Leadership
Finning International is a leading dividend payer. It pays a dividend yield of 3.68%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Finning International does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Finning International is 34.38%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for FTT.

0.6

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 1 news article for Finning International this week, compared to 0 articles on an average week.
Search Interest
3 people have searched for FTT on MarketBeat in the last 30 days.
MarketBeat Follows
Only 2 people have added Finning International to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Finning International insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$26,741.00 in company stock and sold C$0.00 in company stock.

2.5

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Finning International is 9.46, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.24.
Price to Earnings Ratio vs. Sector
The P/E ratio of Finning International is 9.46, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 218.95.
Price to Earnings Growth Ratio
Finning International has a PEG Ratio of 0.46. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Finning International has a P/B Ratio of 1.67. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Finning International (TSE:FTT) Stock

Finning International Inc. sells, services, and rents heavy equipment, and power and energy systems in Canada, Chile, the United Kingdom, Argentina, and internationally. The company offers telehandlers, articulated trucks, asphalt pavers, backhoe loaders, cable assist vehicles, cable yarding systems, chip dozers, cold planers, compactors, dozers, drills, electric rope shovels, excavators, material handlers, motor graders, off-highway trucks, pipelayers, remixing transfer vehicle, road reclaimers, road wideners, skid steer and compact track loaders, tack distributors, track loaders, underground-hard rock, wheel loaders, wheel tractor-scrapers, and windrow elevators, as well as attachments. It is also involved in electric power generation, marine power systems, oil and gas, and industrials. In addition, the company provides aftercare, customer training, fuel solutions, fluid analysis, financing, rebuilds, rentals, repair services, maintenance options, warranty, and other services, as well as product support including sales of parts and servicing of equipment. It serves agriculture, construction, forestry, governmental, mining, paving, pipeline, power systems, and snow removal industries. The company was formerly known as Finning Ltd. and changed its name to Finning International Inc. in April 1997. Finning International Inc. was incorporated in 1933 and is headquartered in Surrey, Canada.

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FTT Stock News Headlines

October 3, 2022 | theglobeandmail.com

New Scotiabank CEO Scott Thomson had spotty track record at construction equipment dealer Finning

September 29, 2022 | americanbankingnews.com

Christopher William Patterson Buys 1,125 Shares of Finning International Inc. (TSE:FTT) Stock

September 27, 2022 | finance.yahoo.com

Earnings are growing at Finning International (TSE:FTT) but shareholders still don't like its prospects

September 26, 2022 | baystreet.ca

Brian Porter Retires As Scotiabank’s CEO

September 26, 2022 | seekingalpha.com

Finning International announces President and CEO succession

September 26, 2022 | finance.yahoo.com

Finning announces President and Chief Executive Officer succession

August 6, 2022 | finance.yahoo.com

What You Need To Know About Finning International Inc.'s (TSE:FTT) Investor Composition

August 5, 2022 | msn.com

Finning International (TSX:FTT): A Likely Multi-Bagger in 2022

August 2, 2022 | msn.com

Finning profits increase 27 per cent amid robust industry demand

July 15, 2022 | finance.yahoo.com

McCOY GLOBAL ANNOUNCES THE APPOINTMENT OF MS. KATHERINE DEMUTH TO BOARD OF DIRECTORS

July 14, 2022 | msn.com

TFSA Investors: 4 Undervalued TSX Stocks to Buy Now

May 9, 2022 | finance.yahoo.com

Finning reports Q1 2022 results

May 5, 2022 | finance.yahoo.com

If You Like EPS Growth Then Check Out Finning International (TSE:FTT) Before It's Too Late

April 25, 2022 | finance.yahoo.com

Finning to release Q1 2022 results on May 9 and hold investor call on May 10, 2022

March 30, 2022 | ca.finance.yahoo.com

Stocks in play: Finning International Inc.

March 28, 2022 | finance.yahoo.com

Finning Releases 2021 Sustainability Report

February 28, 2022 | finance.yahoo.com

Finning nominates two new directors, further strengthening Board’s diversity

February 19, 2022 | finance.yahoo.com

Be Sure To Check Out Finning International Inc. (TSE:FTT) Before It Goes Ex-Dividend

December 29, 2021 | finance.yahoo.com

Declining Stock and Decent Financials: Is The Market Wrong About Finning International Inc. (TSE:FTT)?

November 18, 2021 | finance.yahoo.com

Here's Why I Think Finning International (TSE:FTT) Might Deserve Your Attention Today

November 8, 2021 | finance.yahoo.com

Finning reports Q3 2021 results

October 29, 2021 | finance.yahoo.com

Those who invested in Finning International (TSE:FTT) a year ago are up 86%

August 3, 2021 | finance.yahoo.com

Finning reports Q2 2021 results and increases dividend

July 20, 2021 | finance.yahoo.com

Finning to release Q2 2021 results on August 3 and hold investor call on August 4, 2021

July 19, 2021 | finance.yahoo.com

Should Weakness in Finning International Inc.'s (TSE:FTT) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?

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30 days | 90 days | 365 days | Advanced Chart

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FTT Company Calendar

Last Earnings: 8/02/2022
Today: 10/07/2022
Next Earnings (Estimated): 11/14/2022

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Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Industrial Equipment Wholesale
Sub-Industry: N/A
Sector: Business Services
Current Symbol: TSE:FTT
CUSIP: N/A
CIK: N/A
Web: www.finning.com
Phone: +1-604-6916250
Fax: N/A
Employees: 147,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: C$42.33
High Stock Price Forecast: C$46.00
Low Stock Price Forecast: C$33.00
Forecasted Upside/Downside: +69.3%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 9.43
Forward P/E Ratio: 8.71
P/E Growth: 0.46
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 94.74
Current Ratio: 1.47
Quick Ratio: 0.54

Sales & Book Value

Annual Sales: C$8.10 billion
Price / Sales: 0.47
Cash Flow: C$1.14 per share
Price / Cash Flow: 21.95
Book Value: C$15.03 per share
Price / Book: 1.66

Miscellaneous

Outstanding Shares: 153,724,000
Free Float: N/A
Market Cap: C$3.84 billion
Optionable: Not Optionable
Beta: N/A

Key Executives

Mr. L. Scott Thomson (Age 52)
Pres, CEO & Non-Independent Director
Comp: $2.8M

Mr. Greg Palaschuk
Exec. VP & CFO

Mr. Kevin Parkes
Chief Operating Officer

Mr. David F. N. Primrose
Pres of Finning Canada

Mr. Juan Pablo Amar
Pres of Finning South America

Ms. Amanda Fern Hobson C.A.
CPA, CDIR, Sr. VP of Investor Relations & Treasury

Ms. H. Jane Murdoch
Gen. Counsel & Interim Chief HR Officer

Elisha McCallum
Director of Global Communications

Mr. David William Cummings (Age 56)
Exec. VP & Chief Digital Officer

Mr. John Joseph Pollesel CPA (Age 58)
CMA, CPA, M.B.A., Sr. VP of Mining - Finning Canada

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

FTT Stock - Frequently Asked Questions

Should I buy or sell Finning International stock right now?: 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Finning International in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" FTT shares.
View FTT analyst ratings or view top-rated stocks.
What is Finning International's stock price forecast for 2022?: 3 analysts have issued 12-month price objectives for Finning International's stock. Their FTT share price forecasts range from C$33.00 to C$46.00. On average, they predict the company's share price to reach C$42.33 in the next twelve months. This suggests a possible upside of 64.8% from the stock's current price.
View analysts price targets for FTT or view top-rated stocks among Wall Street analysts.
How have FTT shares performed in 2022?: Finning International's stock was trading at C$31.88 at the beginning of 2022. Since then, FTT shares have decreased by 19.4% and is now trading at C$25.68.
View the best growth stocks for 2022 here.
When is Finning International's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, November 14th 2022.
View our FTT earnings forecast.
How were Finning International's earnings last quarter?: Finning International Inc. (TSE:FTT) issued its quarterly earnings results on Tuesday, August, 2nd. The company reported $0.80 EPS for the quarter, beating the consensus estimate of $0.64 by $0.16. The firm had revenue of $2 billion for the quarter, compared to analysts' expectations of $1.89 billion.
Is Finning International a good dividend stock?: Finning International (TSE:FTT) pays an annual dividend of C$0.91 per share and currently has a dividend yield of 3.65%. The dividend payout ratio is 34.38%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for FTT.

What other stocks do shareholders of Finning International own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Finning International investors own include Intact Financial (IFC), Constellation Software (CSU), Alimentation Couche-Tard (ATD.B), AutoCanada (ACQ), AbbVie (ABBV), Vermilion Energy (VET), Toronto-Dominion Bank (TD), Open Text (OTEX), Wheaton Precious Metals (WPM) and BCE (BCE).
What is Finning International's stock symbol?: Finning International trades on the Toronto Stock Exchange (TSX) under the ticker symbol "FTT."
How do I buy shares of Finning International?: Shares of FTT stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.
What is Finning International's stock price today?: One share of FTT stock can currently be purchased for approximately C$25.68.
How much money does Finning International make?: Finning International (TSE:FTT) has a market capitalization of C$3.95 billion and generates C$8.10 billion in revenue each year.
How many employees does Finning International have?: The company employs 147,000 workers across the globe.
How can I contact Finning International?: Finning International's mailing address is 666 Burrard St Suite 1000, VANCOUVER, BC V6C 2X8, Canada. The official website for the company is www.finning.com. The company can be reached via phone at +1-604-6916250.

This page (TSE:FTT) was last updated on 10/7/2022 by MarketBeat.com Staff

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Finning International - FTT Stock Forecast, Price & News

Finning International MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Finning International (TSE:FTT) Stock

FTT Stock News Headlines

FTT Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

FTT Stock - Frequently Asked Questions

MarketBeat Resources

Premium Research Tools

Market Data and Calendars

Investing Education and Resources

Overall MarketRank^™