Finning International Inc. (TSE:FTT) Given Consensus Recommendation of “Buy” by Brokerages

Finning International Inc. (TSE:FTT – Get Free Report) has been assigned an average recommendation of “Buy” from the seven analysts that are covering the firm, MarketBeat Ratings reports. Seven research analysts have rated the stock with a buy recommendation. The average 1-year target price among brokers that have updated their coverage on the stock in [...]

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Finning International Inc. ( TSE:FTT – Get Free Report ) has been assigned an average recommendation of “Buy” from the seven analysts that are covering the firm, MarketBeat Ratings reports. Seven research analysts have rated the stock with a buy recommendation.

The average 1-year target price among brokers that have updated their coverage on the stock in the last year is C$49.38. A number of research analysts recently commented on the company.



Scotiabank set a C$51.00 price target on Finning International and gave the company an “outperform” rating in a report on Wednesday, August 21st. Royal Bank of Canada raised their price target on shares of Finning International from C$49.

00 to C$50.00 in a research report on Thursday, August 8th. BMO Capital Markets upped their price target on shares of Finning International from C$48.

00 to C$50.00 in a report on Thursday, August 8th. Finally, TD Securities raised shares of Finning International from a “hold” rating to a “buy” rating and raised their price objective for the stock from C$43.

00 to C$45.00 in a report on Friday, August 9th. Check Out Our Latest Report on Finning International Insiders Place Their Bets Finning International Stock Performance TSE:FTT opened at C$43.

86 on Friday. The firm’s fifty day simple moving average is C$39.27 and its 200 day simple moving average is C$40.

26. The company has a current ratio of 1.55, a quick ratio of 0.

59 and a debt-to-equity ratio of 113.71. Finning International has a twelve month low of C$33.

77 and a twelve month high of C$44.35. The firm has a market capitalization of C$6.

12 billion, a price-to-earnings ratio of 12.50, a PEG ratio of 0.56 and a beta of 1.

53. Finning International ( TSE:FTT – Get Free Report ) last released its quarterly earnings results on Tuesday, August 6th. The company reported C$1.

02 EPS for the quarter, topping the consensus estimate of C$0.98 by C$0.04.

The firm had revenue of C$2.65 billion for the quarter, compared to analyst estimates of C$2.57 billion.

Finning International had a return on equity of 20.14% and a net margin of 4.65%.

As a group, equities research analysts expect that Finning International will post 4.2590726 earnings per share for the current fiscal year. Finning International Announces Dividend The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 5th.

Investors of record on Thursday, August 22nd were paid a dividend of $0.275 per share. This represents a $1.

10 dividend on an annualized basis and a dividend yield of 2.51%. The ex-dividend date of this dividend was Thursday, August 22nd.

Finning International’s dividend payout ratio is currently 31.34%. Finning International Company Profile ( Get Free Report Finning International Inc sells, services, and rents heavy equipment, engines, and related products in Canada, Chile, Bolivia, the United Kingdom, Argentina, Ireland, and internationally.

The company offers articulated trucks, asphalt pavers, backhoe loaders, cold planers, compactors, dozers, drills, electric rope shovels, excavators, hydraulic mining shovels, material handlers, motor graders, off-highway trucks, pipelayers, road reclaimers, skid steer and compact track loaders, track loaders, underground-hard rock, wheel loaders, and wheel tractor-scrapers, as well as mobile and stationary generator sets. See Also Five stocks we like better than Finning International What is the Dow Jones Industrial Average (DJIA)? CarMax’s Impressive Rally: What Investors Should Watch Next Options Trading – Understanding Strike Price MarketBeat Week in Review – 9/23 – 9/27 3 Stocks to Consider Buying in October Wake Up to This Biotech Stock That Still Has Big Potential Upside Receive News & Ratings for Finning International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Finning International and related companies with MarketBeat.com's FREE daily email newsletter .

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