Finning International Inc. (OTCMKTS:FINGF – Get Free Report) shares gapped down prior to trading on Monday . The stock had previously closed at $77.07, but opened at $73.98. Finning International shares last traded at $74.26, with a volume of 370 shares traded.
Analyst Upgrades and Downgrades
Several equities research analysts have recently weighed in on FINGF shares. BMO Capital Markets reaffirmed an “outperform” rating on shares of Finning International in a research report on Monday. Scotiabank reissued an “outperform” rating on shares of Finning International in a report on Friday, May 15th. Royal Bank Of Canada reissued an “outperform” rating on shares of Finning International in a report on Thursday, February 12th. Finally, TD Securities reissued a “buy” rating on shares of Finning International in a report on Tuesday, May 19th. Five investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy”.
Check Out Our Latest Stock Report on Finning International
Finning International Trading Down 4.4%
Finning International (OTCMKTS:FINGF – Get Free Report) last posted its quarterly earnings data on Tuesday, May 12th. The company reported $0.74 EPS for the quarter, topping the consensus estimate of $0.73 by $0.01. The firm had revenue of $1.80 billion during the quarter, compared to analyst estimates of $1.82 billion. Finning International had a net margin of 6.34% and a return on equity of 19.44%.
Finning International Company Profile
Finning International Inc operates as the world’s largest dealer of Caterpillar machinery, engines and power systems, providing a comprehensive range of sales, rental, parts and service solutions. The company’s core offerings encompass medium- and heavy-duty equipment for industries such as mining, construction, energy, forestry and transportation, along with bespoke power generation packages and digital monitoring tools. Through maintenance contracts and cost-per-hour service agreements, Finning helps customers optimize equipment uptime and total lifecycle costs.
Founded in Vancouver, British Columbia, in 1933, Finning has grown from a single dealership to a global enterprise headquartered in Vancouver’s downtown business district.
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