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S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
The Five Hottest Calls From The Q2 Earnings Season 
Economic and National Security Threats Create Lithium Bonanza (Ad)
3 Stocks Set to Lead the Nasdaq Bull Market
Buffett's firm buys more Apple, Amazon while betting on oil
Norway hits export record amid soaring gas prices
How This Rare Metal Is Going To Solve A $173 TRILLION World Problem… And Could Benefit Investors (Ad)
Stocks end higher on Wall Street; economic worries hit oil
Myanmar executions revive pressure for more sanctions
Is Ford About To Crush Workhorse Group? 
How This Rare Metal Is Going To Solve A $173 TRILLION World Problem… And Could Benefit Investors (Ad)
S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
The Five Hottest Calls From The Q2 Earnings Season 
Economic and National Security Threats Create Lithium Bonanza (Ad)
3 Stocks Set to Lead the Nasdaq Bull Market
Buffett's firm buys more Apple, Amazon while betting on oil
Norway hits export record amid soaring gas prices
How This Rare Metal Is Going To Solve A $173 TRILLION World Problem… And Could Benefit Investors (Ad)
Stocks end higher on Wall Street; economic worries hit oil
Myanmar executions revive pressure for more sanctions
Is Ford About To Crush Workhorse Group? 
How This Rare Metal Is Going To Solve A $173 TRILLION World Problem… And Could Benefit Investors (Ad)
S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
The Five Hottest Calls From The Q2 Earnings Season 
Economic and National Security Threats Create Lithium Bonanza (Ad)
3 Stocks Set to Lead the Nasdaq Bull Market
Buffett's firm buys more Apple, Amazon while betting on oil
Norway hits export record amid soaring gas prices
How This Rare Metal Is Going To Solve A $173 TRILLION World Problem… And Could Benefit Investors (Ad)
Stocks end higher on Wall Street; economic worries hit oil
Myanmar executions revive pressure for more sanctions
Is Ford About To Crush Workhorse Group? 
How This Rare Metal Is Going To Solve A $173 TRILLION World Problem… And Could Benefit Investors (Ad)
TSE:FTT

Finning International - FTT Stock Forecast, Price & News

C$28.74
-0.72 (-2.44%)
(As of 08/15/2022 12:00 AM ET)
Add
Compare
Today's Range
C$28.64
C$29.37
50-Day Range
C$24.54
C$34.36
52-Week Range
C$23.89
C$40.22
Volume
707,965 shs
Average Volume
479,026 shs
Market Capitalization
C$4.42 billion
P/E Ratio
12.44
Dividend Yield
3.20%
Price Target
C$42.33

Finning International MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
47.3% Upside
C$42.33 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
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.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Raymond James set a C$46.00 price objective on Finning International and gave the stock an "outperform" rating in a research note on Tuesday, May 10th. BMO Capital Markets lifted their target price on Finning International from C$32.00 to C$33.00 in a report on Thursday, August 4th. CIBC cut their price target on Finning International from C$50.00 to C$35.00 in a research note on Wednesday, July 13th. Royal Bank of Canada cut their price objective on 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. Finally, Scotiabank boosted their target price on Finning International from C$38.00 to C$39.00 in a report on Thursday, August 4th.

Finning International Price Performance

Shares of TSE:FTT opened at C$28.74 on Tuesday. The company has a market cap of C$4.42 billion and a PE ratio of 12.44. The firm has a 50-day simple moving average of C$28.00 and a 200 day simple moving average of C$33.46. Finning International has a fifty-two week low of C$23.89 and a fifty-two week high of C$40.22. The company has a quick ratio of 0.54, a current ratio of 1.47 and a debt-to-equity ratio of 91.78.

Finning International (TSE:FTT - Get Rating) last released its earnings results on Tuesday, August 2nd. The company reported C$0.80 earnings per share for the quarter, beating the consensus estimate of C$0.64 by C$0.16. The business had revenue of C$2 billion for the quarter, compared to analysts' expectations of C$1.89 billion. On average, sell-side analysts anticipate that Finning International will post 2.83 EPS for the current year.

Insider Buying and Selling at Finning International

In related news, Director Harold N. Kvisle acquired 5,000 shares of the firm's stock in a transaction that occurred on Thursday, June 23rd. The stock was acquired at an average cost of C$26.92 per share, with a total value of C$134,600.00. Following the completion of the purchase, the director now directly owns 45,000 shares in the company, valued at 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
8/16/2022
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
+47.3%
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$1.13 per share
Book Value
C$15.03 per share

Miscellaneous

Free Float
N/A
Market Cap
C$4.42 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 research 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 research 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 Wall Street 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 expect the company's stock price to reach C$42.33 in the next twelve months. This suggests a possible upside of 47.3% 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 stock has decreased by 9.8% and is now trading at C$28.74.
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 data on Tuesday, August, 2nd. The company reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.64 by $0.16. The business 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 3.20%. 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$28.74.

How much money does Finning International make?

Finning International (TSE:FTT) has a market capitalization of C$4.42 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 8/16/2022 by MarketBeat.com Staff

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