Scotiabank Issues Optimistic Estimate for TSE:FTT Earnings

Posted by George Bondi on Aug 26th, 2026

Finning International Inc. (TSE:FTT – Free Report) – Equities researchers at Scotiabank increased their FY2026 earnings per share (EPS) estimates for shares of Finning International in a note issued to investors on Wednesday, August 19th. Scotiabank analyst J. Goldman now anticipates that the company will earn $4.64 per share for the year, up from their previous estimate of $4.53. Scotiabank currently has a “Sector Outperform” rating and a $118.00 target price on the stock. The consensus estimate for Finning International’s current full-year earnings is $4.24 per share.

Other research analysts have also issued reports about the company. BMO Capital Markets increased their price objective on Finning International from C$118.00 to C$122.00 and gave the stock an “outperform” rating in a research note on Friday, August 7th. Royal Bank Of Canada reduced their target price on shares of Finning International from C$130.00 to C$129.00 and set an “outperform” rating on the stock in a research note on Monday, August 10th. Raymond James Financial upped their target price on shares of Finning International from C$100.00 to C$120.00 and gave the stock an “outperform” rating in a report on Thursday, May 14th. TD increased their target price on shares of Finning International from C$115.00 to C$120.00 and gave the stock a “buy” rating in a research report on Wednesday, June 10th. Finally, National Bank Financial lifted their price target on shares of Finning International from C$115.00 to C$118.00 and gave the company an “outperform” rating in a report on Friday, August 7th. Nine analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of C$116.78.

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Finning International Price Performance

Shares of FTT stock opened at C$90.12 on Monday. The stock’s fifty day simple moving average is C$98.17 and its 200 day simple moving average is C$95.44. Finning International has a one year low of C$55.82 and a one year high of C$109.58. The firm has a market cap of C$11.73 billion, a price-to-earnings ratio of 21.51, a P/E/G ratio of 0.56 and a beta of 0.86. The company has a debt-to-equity ratio of 86.86, a current ratio of 1.47 and a quick ratio of 0.59.

Finning International (TSE:FTT – Get Free Report) last issued its earnings results on Wednesday, August 5th. The company reported C$1.22 earnings per share (EPS) for the quarter. The business had revenue of C$3.13 billion during the quarter. Finning International had a return on equity of 19.22% and a net margin of 4.93%.

Insider Buying and Selling

In related news, insider Tim Arne Ferwerda sold 1,478 shares of the firm’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of C$106.12, for a total transaction of C$156,845.36. Following the completion of the sale, the insider directly owned 16,016 shares of the company’s stock, valued at C$1,699,617.92. This trade represents a 8.45% decrease in their position. In the last 90 days, insiders sold 7,119 shares of company stock worth $755,606. 0.10% of the stock is owned by corporate insiders.

Finning International Company Profile

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Finning is the world’s largest Caterpillar dealer. Headquartered in Surrey, British Columbia, we sell and rent Caterpillar equipment and provide parts, service and performance solutions in Western Canada, Chile, Argentina, Bolivia, the United Kingdom, and Ireland. Since 1933, we have delivered unrivalled customer service and are committed to solving our customers’ toughest challenges.