FY2025 EPS Estimates for TSE:FTT Increased by Analyst

Finning International Inc. (TSE:FTT) – Analysts at National Bank Financial upped their FY2025 EPS estimates for Finning International in a research note issued on Wednesday, February 5th. National Bank Financial analyst M. Sytchev now anticipates that the company will post earnings per share of $3.74 for the year, up from their prior forecast of $3.65. The consensus estimate for Finning International’s current full-year earnings is $4.24 per share.

Other equities analysts have also issued research reports about the stock. Royal Bank of Canada lowered their price target on shares of Finning International from C$50.00 to C$46.00 in a research report on Thursday, November 14th. Canaccord Genuity Group upped their target price on shares of Finning International from C$51.00 to C$55.00 in a research report on Friday. CIBC cut their price target on Finning International from C$50.00 to C$49.00 in a report on Monday, February 3rd. BMO Capital Markets increased their price objective on Finning International from C$45.00 to C$50.00 in a report on Friday. Finally, Raymond James cut their target price on Finning International from C$52.00 to C$50.00 in a research note on Thursday, November 14th. Five investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of C$49.33.

Finning International Price Performance

Shares of FTT opened at C$43.87 on Monday. The company has a debt-to-equity ratio of 113.71, a current ratio of 1.55 and a quick ratio of 0.59. The company has a market cap of C$6.12 billion, a P/E ratio of 12.50, a PEG ratio of 0.56 and a beta of 1.55. Finning International has a 12 month low of C$34.28 and a 12 month high of C$45.17. The stock has a fifty day moving average price of C$38.18 and a 200 day moving average price of C$39.47.

Finning International (TSE:FTT) last announced its quarterly earnings results on Tuesday, November 12th. The company reported C$0.93 earnings per share (EPS) for the quarter, missing the consensus estimate of C$1.03 by C($0.10). Finning International had a return on equity of 20.14% and a net margin of 4.65%. During the same period in the prior year, the company posted $1.07 earnings per share.

Insider Buying and Selling

In other news, Senior Officer Kieran Colquhoun Holm sold 3,000 shares of Finning International stock in a transaction that occurred on Thursday, February 6th. The shares were sold at an average price of C$42.10, for a total value of C$126,300.00. 0.10% of the stock is owned by corporate insiders.

Finning International Company Profile

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.