Finning International Inc. (TSE:FTT) Senior Officer Sells C$82,004.33 in Stock

Finning International Inc. (TSE:FTT) Senior Officer Juan Pablo Amar sold 1,899 shares of the firm’s stock in a transaction on Monday, February 10th. The shares were sold at an average price of C$43.18, for a total transaction of C$82,004.33.

Finning International Stock Performance

TSE:FTT opened at C$43.89 on Friday. Finning International Inc. has a 1 year low of C$34.28 and a 1 year high of C$45.17. The firm’s fifty day simple moving average is C$38.49 and its 200 day simple moving average is C$39.53. The company has a current ratio of 1.65, a quick ratio of 0.59 and a debt-to-equity ratio of 98.14. The firm has a market capitalization of C$6.03 billion, a PE ratio of 12.28, a PEG ratio of 0.56 and a beta of 1.55.

Finning International (TSE:FTT) last posted 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 19.69% and a net margin of 4.54%. During the same quarter last year, the business earned $1.07 earnings per share. On average, sell-side analysts anticipate that Finning International Inc. will post 4.244898 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on FTT. Royal Bank of Canada cut their price target on shares of Finning International from C$50.00 to C$46.00 in a report on Thursday, November 14th. CIBC cut their price target on shares of Finning International from C$50.00 to C$49.00 in a report on Monday, February 3rd. BMO Capital Markets raised their price target on shares of Finning International from C$45.00 to C$50.00 in a report on Friday, February 7th. Canaccord Genuity Group cut their price target on shares of Finning International from C$53.00 to C$51.00 in a report on Thursday, November 14th. Finally, Canaccord Genuity Group raised their target price on shares of Finning International from C$51.00 to C$55.00 in a research note on Friday, February 7th. Five research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of C$49.33.

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.