FY2025 EPS Estimates for TSE:FTT Lifted by Analyst

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

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

A number of other equities research analysts have also recently weighed in on the company. Raymond James dropped their price objective on Finning International from C$52.00 to C$50.00 in a research note on Thursday, November 14th. Royal Bank of Canada dropped their price objective on Finning International from C$50.00 to C$46.00 in a research note on Thursday, November 14th. Canaccord Genuity Group lifted their target price on Finning International from C$51.00 to C$55.00 in a report on Friday. BMO Capital Markets lifted their target price on Finning International from C$45.00 to C$50.00 in a report on Friday. Finally, Canaccord Genuity Group decreased their target price on Finning International from C$53.00 to C$51.00 in a report on Thursday, November 14th. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, Finning International has a consensus rating of "Buy" and an average price target of C$49.33.

Finning International Trading Down 0.4 %

Shares of TSE FTT traded down C$0.18 during trading on Monday, reaching C$43.69. The stock had a trading volume of 104,248 shares, compared to its average volume of 474,275. Finning International has a fifty-two week low of C$34.28 and a fifty-two week high of C$45.17. 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 business's 50-day moving average price is C$38.18 and its 200-day moving average price is C$39.47. The company has a market cap of C$6.09 billion, a P/E ratio of 12.45, a PEG ratio of 0.56 and a beta of 1.55.

Insiders Place Their Bets

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

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.