Finning International Inc. (OTCMKTS:FINGF – Get Free Report) shares were up 6.2% during trading on Tuesday . The stock traded as high as $73.74 and last traded at $73.74. 501 shares were traded during trading, a decline of 97% from the average daily volume of 17,716 shares. The stock had previously closed at $69.41.
Wall Street Analysts Forecast Growth
A number of research firms have recently issued reports on FINGF. TD Securities reissued a “buy” rating on shares of Finning International in a report on Wednesday, June 10th. Scotiabank reiterated an “outperform” rating on shares of Finning International in a research report on Tuesday, July 7th. Finally, BMO Capital Markets reissued an “outperform” rating on shares of Finning International in a research note on Friday, August 7th. Five equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of “Buy”.
Get Our Latest Report on Finning International
Finning International Price Performance
Finning International (OTCMKTS:FINGF – Get Free Report) last issued its earnings results on Wednesday, August 5th. The company reported $0.88 EPS for the quarter, topping the consensus estimate of $0.83 by $0.05. Finning International had a net margin of 4.93% and a return on equity of 19.85%. The company had revenue of $2.20 billion for the quarter, compared to analyst estimates of $1.94 billion.
About Finning International
Finning International Inc is a Canadian industrial equipment dealer and one of the world’s largest dealers of Caterpillar products. The company sells, rents and supports heavy equipment used in mining, construction, forestry, energy, transportation and other industrial applications.
Its offerings include new and used Caterpillar machinery, engines, power systems, parts and related technologies. Finning also provides equipment maintenance and repair, component rebuilding, fleet management, rental services and other aftermarket support designed to help customers maintain productivity throughout the life of their equipment.
Founded in 1933 by Earl B.
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