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S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
Biden's Plan to Confiscate Your Cash? (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
US Dollar Replaced By "Biden Bucks"? (Ad)
Italy's Lake Garda shrinks to near-historic low amid drought
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
Biden's Plan to Confiscate Your Cash? (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
US Dollar Replaced By "Biden Bucks"? (Ad)
Italy's Lake Garda shrinks to near-historic low amid drought
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
Biden's Plan to Confiscate Your Cash? (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
US Dollar Replaced By "Biden Bucks"? (Ad)
Italy's Lake Garda shrinks to near-historic low amid drought
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
TSE:FTT

Finning International - FTT Stock Forecast, Price & News

C$29.46
+0.67 (+2.33%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
C$28.73
C$29.55
50-Day Range
C$24.54
C$34.36
52-Week Range
C$23.89
C$40.22
Volume
894,315 shs
Average Volume
477,540 shs
Market Capitalization
C$4.53 billion
P/E Ratio
12.75
Dividend Yield
3.28%
Price Target
C$42.33

Finning International MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
43.7% Upside
C$42.33 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.53mentions of Finning International in the last 14 days
Based on 8 Articles This Week
Insider Trading
Acquiring Shares
C$156,184 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.

2.67 out of 5 stars

FTT stock logo

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.

Analysts Set New Price Targets

FTT has been the subject of a number of research reports. Scotiabank raised their target price on shares of Finning International from C$38.00 to C$39.00 in a research note on Thursday, August 4th. BMO Capital Markets raised their target price on shares of Finning International from C$32.00 to C$33.00 in a research note on Thursday, August 4th. Royal Bank of Canada cut their target price on shares of Finning International from C$47.00 to C$44.00 and set an "outperform" rating for the company in a research note on Thursday, August 4th. CIBC dropped their price objective on shares of Finning International from C$50.00 to C$35.00 in a research note on Wednesday, July 13th. Finally, National Bankshares lifted their price objective on shares of Finning International from C$41.00 to C$46.00 in a research note on Wednesday, July 13th.

Finning International Stock Up 2.3 %

FTT traded up C$0.67 during trading on Friday, hitting C$29.46. 894,315 shares of the company's stock were exchanged, compared to its average volume of 477,540. The company has a quick ratio of 0.54, a current ratio of 1.47 and a debt-to-equity ratio of 91.78. The business's 50 day moving average is C$28.10 and its two-hundred day moving average is C$33.51. Finning International has a fifty-two week low of C$23.89 and a fifty-two week high of C$40.22. The stock has a market cap of C$4.53 billion and a P/E ratio of 12.75.

Finning International (TSE:FTT - Get Rating) last posted its earnings results on Tuesday, August 2nd. The company reported C$0.80 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.64 by C$0.16. The firm had revenue of C$2 billion during the quarter, compared to the consensus estimate of C$1.89 billion. As a group, equities analysts expect that Finning International will post 2.83 earnings per share for the current fiscal year.

Insider Transactions at Finning International

In other news, Director Harold N. Kvisle bought 5,000 shares of Finning International stock in a transaction dated Thursday, June 23rd. The stock was purchased at an average price of C$26.92 per share, for a total transaction of C$134,600.00. Following the purchase, the director now directly owns 45,000 shares in the company, valued at approximately C$1,211,400.

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FTT Stock News Headlines

Finning International (TSE:FTT) PT Raised to C$39.00
Finning reports Q1 2022 results
Stocks in play: Finning International Inc.
Finning Releases 2021 Sustainability Report
Finning reports Q3 2021 results
Finning reports Q2 2021 results and increases dividend
See More Headlines
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FTT Company Calendar

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

Industry, Sector and Symbol

Industry
Industrial Equipment Wholesale
Sub-Industry
N/A
CIK
N/A
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
+43.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$8.10 billion
Cash Flow
C$1.16 per share
Book Value
C$15.03 per share

Miscellaneous

Free Float
N/A
Market Cap
C$4.53 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 55)
    Exec. VP & Chief Digital Officer
  • Mr. John Joseph Pollesel CPA (Age 58)
    CMA, CPA, M.B.A., Sr. VP of Mining - Finning Canada













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 year. 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 equities research analysts have issued 1 year price targets for Finning International's stock. Their FTT share price forecasts range from C$33.00 to C$46.00. On average, they expect the company's stock price to reach C$42.33 in the next year. This suggests a possible upside of 43.7% 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 the year. Since then, FTT shares have decreased by 7.6% and is now trading at C$29.46.
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) announced its quarterly earnings results on Tuesday, August, 2nd. The company reported $0.80 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.64 by $0.16. The company had revenue of $2 billion for the quarter, compared to analyst estimates 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 3.28%. The dividend payout ratio is 39.44%. 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$29.46.

How much money does Finning International make?

Finning International (TSE:FTT) has a market capitalization of C$4.53 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 8/14/2022 by MarketBeat.com Staff

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