TSE:FTT

Finning International - FTT Stock Forecast, Price & News

C$32.53

+0.06 (+0.18%)

(As of 03/29/2023 12:00 AM ET)

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Today's Range: C$32.43
▼
C$32.92
50-Day Range: C$32.42
▼
C$39.00
52-Week Range: C$23.46
▼
C$40.20

Volume: 230,542 shs
Average Volume: 390,189 shs
Market Capitalization: C$4.91 billion

P/E Ratio: 10.04
Dividend Yield: 2.89%
Price Target: C$43.14

Finning International MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.80 Rating Score
Upside/Downside: 32.6% Upside
C$43.14 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
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.

2.54 out of 5 stars

3.4

Analyst's Opinion

Consensus Rating
Finning International has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$43.14, Finning International has a forecasted upside of 32.6% from its current price of C$32.53.
Amount of Analyst Coverage
Finning International has only been the subject of 4 research reports in the past 90 days.

N/A

Short Interest

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

1.7

Dividend Strength

Dividend Yield
Finning International pays a meaningful dividend of 2.84%, 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 29.01%. 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.

2.6

News and Social Media Coverage

News Sentiment
Finning International has a news sentiment score of 0.65. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.51 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Finning International this week, compared to 1 article on an average week.
Search Interest
7 people have searched for FTT on MarketBeat in the last 30 days. This is an increase of 40% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Finning International to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Finning International insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.25% of the stock of Finning International is held by insiders.
Percentage Held by Institutions
40.78% of the stock of Finning International is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Finning International is 10.04, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.89.
Price to Earnings Ratio vs. Sector
The P/E ratio of Finning International is 10.04, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 293.11.
Price to Earnings Growth Ratio
Finning International has a PEG Ratio of 0.56. 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 2.01. 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

March 22, 2023 | finance.yahoo.com

Here's Why Finning International (TSE:FTT) Has Caught The Eye Of Investors

March 19, 2023 | ca.finance.yahoo.com

Worried About Market Volatility? 3 Defensive Stocks for Better Sleep Tonight

March 30, 2023 | The Oxford Club (Ad)

My No. 1 dividend stock for a LIFETIME of income.

Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century! I think it's a crying shame folks don't know how powerful dividends are.

March 8, 2023 | finance.yahoo.com

Finning International's (TSE:FTT) investors will be pleased with their strong 156% return over the last three years

February 21, 2023 | finance.yahoo.com

ARTEMIS ORDERS CONSTRUCTION FLEET

February 8, 2023 | investing.com

FTT/USD - FTX Token US Dollar

February 8, 2023 | finance.yahoo.com

Finning International Full Year 2022 Earnings: Beats Expectations

February 6, 2023 | msn.com

Finning International Non-GAAP EPS of C$0.89, revenue of C$2.37B

March 30, 2023 | The Oxford Club (Ad)

My No. 1 dividend stock for a LIFETIME of income.

Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century! I think it's a crying shame folks don't know how powerful dividends are.

February 6, 2023 | finance.yahoo.com

Finning reports Q4 and annual 2022 results

February 3, 2023 | baystreet.ca

Canada Jobs Available Friday

January 19, 2023 | markets.businessinsider.com

FTX's native token FTT jumps 32% after the exchange's new boss says the company could reboot

December 24, 2022 | finance.yahoo.com

Returns At Finning International (TSE:FTT) Are On The Way Up

December 23, 2022 | 247wallst.com

SEC Classifies FTT as a Security, Could Binance's BNB Be Next?

December 21, 2022 | msn.com

FTX Paid for Blockfolio Deal Mostly in FTT Token It Invented

November 10, 2022 | msn.com

FTX Has Made $34M in Trading Fees Since Recent FTT Token Burn Despite Withdrawal Freeze

November 10, 2022 | msn.com

FTX'S TOKEN FTT LAST UP 10.6% AT $1.68, MONTH-TO-DATE LOSS OF 93.57%

November 9, 2022 | msn.com

FTX'S TOKEN FTT LAST DOWN 31.5% AT $3.72, MONTH-TO-DATE LOSS OF 85.75%

November 9, 2022 | msn.com

Coinbase pacifies investors worried about credit risk, exposure to FTX token

November 8, 2022 | msn.com

FTT token slides another 18%, Bitcoin wobbles as pressure mounts on FTX

November 8, 2022 | finance.yahoo.com

Finning reports record Q3 2022 results

November 7, 2022 | msn.com

FTX's FTT Token Extends Fall as Binance Liquidation Rattles Nerves

October 25, 2022 | finance.yahoo.com

Finning to release Q3 2022 results on November 7 and hold investor call on November 8, 2022

October 3, 2022 | theglobeandmail.com

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

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

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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FTT Company Calendar

Ex-Dividend for 3/9 Dividend: 2/22/2023
Dividend Payable: 3/09/2023
Today: 3/30/2023
Next Earnings (Estimated): 5/08/2023

Get Stock Alerts

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$43.14
High Stock Price Forecast: C$45.00
Low Stock Price Forecast: C$40.00
Forecasted Upside/Downside: +32.6%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.80
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$3.24
Trailing P/E Ratio: 10.04
Forward P/E Ratio: 10.57
P/E Growth: 0.56
Net Income: C$503 million
Net Margins: 5.42%
Pretax Margin: N/A
Return on Equity: 20.86%
Return on Assets: 7.23%

Debt

Debt-to-Equity Ratio: 94.60
Current Ratio: 1.41
Quick Ratio: 0.59

Sales & Book Value

Annual Sales: C$9.28 billion
Price / Sales: 0.53
Cash Flow: C$0.74 per share
Price / Cash Flow: 43.89
Book Value: C$16.17 per share
Price / Book: 2.01

Miscellaneous

Outstanding Shares: 150,960,000
Free Float: N/A
Market Cap: C$4.91 billion
Optionable: Not Optionable
Beta: 1.72

Key Executives

Mr. Kevin Parkes
Non-Independent Director, CEO & Pres

Mr. Greg Palaschuk
Exec. VP & CFO

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 57)
Exec. VP & Chief Digital Officer

Mr. John Joseph Pollesel CPA (Age 60)
CMA, CPA, M.B.A., Sr. VP of Mining - Finning Canada

Mr. Russell Willard Day
Sr. VP of Strategic Planning & Bus. Devel.

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

FTT Stock - Frequently Asked Questions

Should I buy or sell Finning International stock right now?: 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Finning International in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities 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 2023?: 5 equities research analysts have issued 1 year price objectives for Finning International's shares. Their FTT share price forecasts range from C$40.00 to C$45.00. On average, they expect the company's stock price to reach C$43.14 in the next year. This suggests a possible upside of 32.6% 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 2023?: Finning International's stock was trading at C$33.66 at the start of the year. Since then, FTT shares have decreased by 3.4% and is now trading at C$32.53.
View the best growth stocks for 2023 here.
When is Finning International's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, May 8th 2023.
View our FTT earnings forecast.
How often does Finning International pay dividends? What is the dividend yield for Finning International?: Finning International declared a quarterly dividend on Monday, February 6th. Shareholders of record on Thursday, February 23rd will be given a dividend of 0.236 per share on Thursday, March 9th. This represents a $0.94 annualized dividend and a dividend yield of 2.90%. The ex-dividend date of this dividend is Wednesday, February 22nd.
Read our dividend analysis for FTT.
Is Finning International a good dividend stock?: Finning International (TSE:FTT) pays an annual dividend of C$0.94 per share and currently has a dividend yield of 2.84%. The dividend payout ratio is 29.01%. 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$32.53.
How much money does Finning International make?: Finning International (TSE:FTT) has a market capitalization of C$4.91 billion and generates C$9.28 billion in revenue each year. The company earns C$503 million in net income (profit) each year or C$3.24 on an earnings per share basis.
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 3/30/2023 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 Sentiment

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

FTT Stock - Frequently Asked Questions

Overall MarketRank^™