Finning International Inc. (TSE:FTT) Senior Officer Sells C$126,300.00 in Stock

Finning International Inc. (TSE:FTT - Get Free Report) Senior Officer Kieran Colquhoun Holm sold 3,000 shares of the firm's 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.

Finning International Stock Up 0.1 %

Shares of Finning International stock traded up C$0.06 during trading hours on Friday, reaching C$42.61. 592,034 shares of the company were exchanged, compared to its average volume of 472,853. Finning International Inc. has a 1 year low of C$34.28 and a 1 year high of C$45.17. The firm has a market cap of C$5.94 billion, a PE ratio of 12.14, a PEG ratio of 0.56 and a beta of 1.55. The company has a debt-to-equity ratio of 113.71, a quick ratio of 0.59 and a current ratio of 1.55. The stock's fifty day moving average is C$38.07 and its 200 day moving average is C$39.44.

Finning International (TSE:FTT - Get Free Report) last released its earnings results on Tuesday, November 12th. The company reported C$0.93 earnings per share for the quarter, missing analysts' consensus estimates 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 quarter in the previous year, the business earned $1.07 EPS. As a group, equities research analysts forecast that Finning International Inc. will post 4.244898 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. Raymond James lowered their target price on Finning International from C$52.00 to C$50.00 in a report on Thursday, November 14th. BMO Capital Markets raised their price objective on Finning International from C$45.00 to C$50.00 in a research report on Friday. CIBC decreased their target price on shares of Finning International from C$50.00 to C$49.00 in a research report on Monday, February 3rd. Canaccord Genuity Group dropped their price target on shares of Finning International from C$53.00 to C$51.00 in a research report on Thursday, November 14th. Finally, Royal Bank of Canada reduced their price target on shares of Finning International from C$50.00 to C$46.00 in a research note on Thursday, November 14th. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of "Buy" and an average price target of C$49.33.

About Finning International

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.