Finning International Inc. (FTT.TO) – What Are Analysts Thinking About This Stock?

Shares of Finning International Inc. (TSE:FTT – Get Free Report) have received a consensus recommendation of “Buy” from the ten ratings firms that are covering the stock, MarketBeat Ratings reports. Nine equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is C$117.80.

A number of brokerages have recently commented on FTT. National Bank Financial increased their price objective on Finning International from C$115.00 to C$118.00 and gave the company an “outperform” rating in a research report on Friday, August 7th. BMO Capital Markets lifted their target price on Finning International from C$118.00 to C$122.00 and gave the stock an “outperform” rating in a report on Friday, August 7th. Royal Bank Of Canada decreased their target price on Finning International from C$130.00 to C$129.00 and set an “outperform” rating on the stock in a report on Monday, August 10th. Stifel Nicolaus set a C$127.00 target price on Finning International and gave the stock a “buy” rating in a research report on Wednesday, September 30th. Finally, Scotiabank upped their target price on Finning International from C$114.00 to C$118.00 and gave the company a “sector outperform” rating in a report on Tuesday, July 7th.

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Finning International Trading Up 0.6%

Shares of TSE:FTT opened at C$106.07 on Friday. The stock has a market capitalization of C$13.80 billion, a price-to-earnings ratio of 25.32, a PEG ratio of 0.56 and a beta of 0.48. Finning International has a 1-year low of C$65.79 and a 1-year high of C$115.60. The company has a debt-to-equity ratio of 86.86, a quick ratio of 0.59 and a current ratio of 1.47. The company has a 50 day moving average price of C$97.30 and a 200 day moving average price of C$97.54.

Finning International (TSE:FTT – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported C$1.22 earnings per share (EPS) for the quarter. The firm had revenue of C$3.13 billion for the quarter. Finning International had a net margin of 4.93% and a return on equity of 19.22%. On average, research analysts anticipate that Finning International will post 4.24 EPS for the current fiscal year.

About Finning International

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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.

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