TSE:FTT

Finning International Stock Forecast, Price & News

C$32.01

+0.47 (+1.49 %)

(As of 07/29/2021 01:15 PM ET)

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Today's Range

C$31.39

▼

C$32.05

50-Day Range

C$30.00

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C$33.42

52-Week Range

C$18.55

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C$35.00

Volume87,097 shs

Average Volume371,084 shs

Market CapitalizationC$5.20 billion

P/E Ratio20.92

Dividend Yield2.60%

BetaN/A

30 days | 90 days | 365 days | Advanced Chart

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About Finning International

Finning International Inc. sells, services, and rents heavy equipment, and power and energy systems in Canada, Chile, the United Kingdom, Argentina, and internationally. It offers telehandlers, compact and small wheel loaders, mini excavators; heavy construction equipment, such as articulated trucks, asphalt pavers, backhoe loaders, cold planers, compactors, dozers, excavators, material handlers, motor graders, off-highway trucks, pipelayers, road reclaimers, track loaders, and wheel tractor-scrapers; and skidders, forest machines, track feller bunchers, log stackers, multi docker material handlers, cable yarding systems, dozers, drills, electric rope shovels, hydraulic mining shovels, and underground mining load haul dump (LHD) loaders. The company is also involved in electric power generation, marine power, petroleum/oil and gas, and truck engine installations. It serves agriculture, construction, electric power generation, industrial and waste, industrial OEMs, marine, mining, oil and gas, paving, and quarrying 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 Vancouver, Canada.

Finning International (TSE:FTT) Share Price Crosses Above 200 Day Moving Average of $0.00
July 29, 2021 | americanbankingnews.com

Finning International (TSE:FTT) Share Price Crosses Above Two Hundred Day Moving Average of $0.00
July 21, 2021 | americanbankingnews.com

Finning to release Q2 2021 results on August 3 and hold investor call on August 4, 2021
July 20, 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?
July 19, 2021 | finance.yahoo.com

Finning to host virtual Investor Day on June 14, 2021
May 31, 2021 | finance.yahoo.com

Trade Alert: The President Of Finning International Inc. (TSE:FTT), L. Thomson, Has Just Spent CA$291k Buying 4.6% More Shares
May 28, 2021 | finance.yahoo.com

Update: Finning International (TSE:FTT) Stock Gained 85% In The Last Year
May 21, 2021 | finance.yahoo.com

U.S. CPI in Focus Next Week
May 7, 2021 | baystreet.ca

Finning to release Q1 2021 results on May 10 and hold investor call on May 11, 2021
April 26, 2021 | finance.yahoo.com

TFSA Investors: 1 Value Stock With Significant Growth Drivers
April 8, 2021 | fool.ca

See More Headlines

Industry, Sector and Symbol

Stock Exchange TSE
Industry Industrial Equipment Wholesale
Sub-IndustryN/A
SectorServices
Current SymbolTSE:FTT
Previous Symbol
CUSIPN/A
CIKN/A
Webwww.finning.com
Phone+1-604-6916250
Employees147,000
Year FoundedN/A

Sales & Book Value

Annual SalesC$6.23 billion
Price / Sales0.83
Cash FlowC$2.89 per share
Price / Cash Flow11.09
Book ValueC$13.82 per share
Price / Book2.32

Profitability

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares162,393,000
Market CapC$5.20 billion
Next Earnings Date8/3/2021 (Estimated)
OptionableNot Optionable

MarketRank^™

Overall MarketRank^™

2.57 out of 5 stars

4.4 Analyst's Opinion

Consensus Rating
Finning International has received a consensus rating of Buy. The company's average rating score is 2.86, and is based on 6 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$40.83, Finning International has a forecasted upside of 28.2% from its current price of C$31.84.
Amount of Analyst Coverage
Finning International has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.4 Community Rank

Outperform Votes
Finning International has received 513 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Finning International has received 245 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Finning International has received 67.68% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Finning International and other stocks. Vote “Outperform” if you believe FTT will outperform the S&P 500 over the long term. Vote “Underperform” if you believe FTT will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Yield
Finning International pays a meaningful dividend of 2.60%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Finning International does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Finning International is 53.59%. This payout ratio is at a healthy, sustainable level, below 75%.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Finning International insiders have sold just slightly more of their company's stock than they have bought. Specifically, they have bought C$397,875.00 in company stock and sold C$439,492.00 in company stock. It is common for insiders to sell company stock at intervals simply to diversify their holdings.

2.5 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Finning International is 20.81, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 22.14.
Price to Earnings Ratio vs. Sector
The P/E ratio of Finning International is 20.81, which means that it is trading at a less expensive P/E ratio than the Services sector average P/E ratio of about 33.05.
Price to Earnings Growth Ratio
Finning International has a PEG Ratio of 0.92. 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 2.30. 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

Finning International (TSE:FTT) Frequently Asked Questions

Is Finning International a buy right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Finning International in the last year. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Finning International stock.
View analyst ratings for Finning International or view top-rated stocks.

What stocks does MarketBeat like better than Finning International?

Wall Street analysts have given Finning International a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Finning International wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Finning International's next earnings date?

Finning International is scheduled to release its next quarterly earnings announcement on Tuesday, August 3rd 2021.
View our earnings forecast for Finning International.

How were Finning International's earnings last quarter?

Finning International Inc. (TSE:FTT) posted its quarterly earnings results on Monday, May, 10th. The company reported $0.35 EPS for the quarter, missing analysts' consensus estimates of $0.36 by $0.01. The business had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.49 billion.
View Finning International's earnings history.

How has Finning International's stock been impacted by COVID-19 (Coronavirus)?

Finning International's stock was trading at C$14.97 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, FTT stock has increased by 113.8% and is now trading at C$32.01.
View which stocks have been most impacted by COVID-19.

How often does Finning International pay dividends? What is the dividend yield for Finning International?

Finning International declared a quarterly dividend on Wednesday, May 12th. Stockholders of record on Thursday, May 27th will be given a dividend of 0.205 per share on Thursday, June 10th. This represents a $0.82 dividend on an annualized basis and a yield of 2.56%. The ex-dividend date of this dividend is Wednesday, May 26th. This is a boost from Finning International's previous quarterly dividend of C$0.19.
View Finning International's dividend history.

Is Finning International a good dividend stock?

Finning International pays an annual dividend of C$0.82 per share and currently has a dividend yield of 2.60%. The dividend payout ratio of Finning International is 53.59%. This payout ratio is at a healthy, sustainable level, below 75%.
View Finning International's dividend history.

What price target have analysts set for FTT?

7 brokerages have issued 1-year price objectives for Finning International's shares. Their forecasts range from C$35.00 to C$44.00. On average, they anticipate Finning International's stock price to reach C$40.83 in the next twelve months. This suggests a possible upside of 27.6% from the stock's current price.
View analysts' price targets for Finning International or view top-rated stocks among Wall Street analysts.

Who are Finning International's key executives?

Finning International's management team includes the following people:

Mr. L. Scott Thomson, Pres, CEO & Non-Independent Director (Age 51, Pay $1.92M)
Mr. David William Cummings, Exec. VP & Chief Digital Officer (Age 54, Pay $762.88k)
Mr. Kevin Parkes, Pres of Finning Canada
Mr. Greg Palaschuk, Exec. VP & CFO
Ms. Amanda Fern Hobson, Sr. VP of Investor Relations & Treasury
Ms. H. Jane Murdoch, Gen. Counsel
Elisha McCallum, Director of Global Communications
Mr. Chad Stephen Hiley CPA, Chief HR Officer
Mr. David F. N. Primrose, Managing Director of Finning UK & Ireland
Mr. John Joseph Pollesel M.B.A., CPA, CPA, CMA, Sr. VP of Mining - Finning Canada (Age 57)

Who are some of Finning International's key competitors?

Some companies that are related to Finning International include Canadian Tire (CTC), Ocado Group (OCDO), WPP (WPP), NEXT (NXT), Rentokil Initial (RTO), JD Sports Fashion (JD), International Consolidated Airlines Group (IAG), Bunzl (BNZL), InterContinental Hotels Group (IHG), Burberry Group (BRBY), Ritchie Bros. Auctioneers (RBA), Kingfisher (KGF), Informa (INF), J Sainsbury (SBRY) and Wm Morrison Supermarkets (MRW).
View all of FTT's competitors.

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), The 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 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$32.01.

How much money does Finning International make?

Finning International has a market capitalization of C$5.20 billion and generates C$6.23 billion in revenue each year.

How many employees does Finning International have?

Finning International employs 147,000 workers across the globe.

What is Finning International's official website?

The official website for Finning International is www.finning.com.

Where are Finning International's headquarters?

Finning International is headquartered at 666 Burrard St Suite 1000, VANCOUVER, BC V6C 2X8, Canada.

How can I contact Finning International?

Finning International's mailing address is 666 Burrard St Suite 1000, VANCOUVER, BC V6C 2X8, Canada. The company can be reached via phone at +1-604-6916250.

This page was last updated on 7/29/2021 by MarketBeat.com Staff

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