Finning International (FTT) Stock Price, News & Analysis

Company Overview

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. It also provides blades, buckets - skid steer loaders, forks, hammers, augers, brooms, material handling, mulchers, grapples, couplers loaders, backhoes, buckets telehandlers, trenchers, stump grinders, multi-processors, buckets loaders, electric power controls, rakes, couplers excavators, bale grabs, cold planers, compactors, flail mowers, buckets mining shovels, pulverizers, nursery products, buckets compact wheels loaders, buckets backhoe rears, bale spears, tillers, shears, buckets backhoe fronts, tilt rotate systems, adapters, rippers, saws, snow products, and buckets excavators. In addition, it offers power systems for electric power generation, oil and gas, industrial, and marine power systems; and rents generators, power distribution products, and air compressors. Further, the company provides aftercare, fluid analysis, finning managed, financing, warranty, customer training solutions, as well as rebuilds, rentals, and repair services. It serves agriculture, construction, forestry, electric power generation, industrial and waste, industrial OEMs, marine, mining, oil and gas, paving, and quarrying industries. The company was formerly known as Finning Ltd. and changed its name to Finning International Inc. in April 1997. Finning International Inc. was incorporated in 1933 and is headquartered in Surrey, Canada.

Key Stats

• Today's Range: C$36.85 to C$37.92
• 50-Day Range: C$36.80 to C$44.70
• 52-Week Range: C$34.04 to C$45.17
• Volume: 521,473 shs
• Average Volume: 358,233 shs
• Market Capitalization: C$5.29 billion
• P/E Ratio: 10.80
• Dividend Yield: 2.90%
• Price Target: C$48.00
• Consensus Rating: Buy

Finning International Stock Analysis - MarketRank™

Finning International scored higher than 73% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Finning International has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Finning International has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Finning International is 10.80, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.55.

Price to Earnings Ratio vs. Sector

The P/E ratio of Finning International is 10.80, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 507.24.

Price to Earnings Growth Ratio

Finning International has a PEG Ratio of 0.56. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Finning International has a P/B Ratio of 2.07. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for FTT.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Finning International pays a meaningful dividend of 2.51%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Finning International does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Finning International is 31.34%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for FTT.

News and Social Media

• Score: 2.1 / 5
• News Sentiment: -0.27

News Sentiment

Finning International has a news sentiment score of -0.27. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.45 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 14 news articles for Finning International this week, compared to 2 articles on an average week.

Search Interest

2 people have searched for FTT on MarketBeat in the last 30 days.

MarketBeat Follows

2 people have added Finning International to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Finning International insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.10% of the stock of Finning International is held by insiders.

Percentage Held by Institutions

43.12% of the stock of Finning International is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

FTT Stock Analysis - Frequently Asked Questions

How have FTT shares performed this year?

Finning International's stock was trading at C$38.32 at the beginning of the year. Since then, FTT stock has decreased by 1.0% and is now trading at C$37.92.
View the best growth stocks for 2024 here.

How do I buy shares of Finning International?

Shares of FTT stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Finning International own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Finning International investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), Toronto-Dominion Bank (TD), AbbVie (ABBV) and Vermilion Energy (VET).

Company Calendar

• Ex-Dividend for 9/5 Dividend: 8/22/2024
• Dividend Payable: 9/05/2024
• Today: 11/22/2024
• Next Earnings (Estimated): 2/04/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Industrials
• Industry: Industrial Distribution
• Sub-Industry: N/A
• Current Symbol: TSE:FTT
• CUSIP: N/A
• CIK: N/A
• Web: www.finning.com
• Phone: +1-604-6916250
• Fax: N/A
• Employees: 147,000
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$48.00
• High Stock Price Target: C$51.00
• Low Stock Price Target: C$45.00
• Potential Upside/Downside: +26.6%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$3.51
• Trailing P/E Ratio: 10.80
• Forward P/E Ratio: 8.93
• P/E Growth: 0.56
• Net Income: C$506 million
• Net Margins: 4.65%
• Pretax Margin: N/A
• Return on Equity: 20.14%
• Return on Assets: 7.28%

Debt

• Debt-to-Equity Ratio: 113.71
• Current Ratio: 1.55
• Quick Ratio: 0.59

Sales & Book Value

• Annual Sales: C$10.87 billion
• Price / Sales: 0.49
• Cash Flow: C$0.86 per share
• Price / Cash Flow: 43.89
• Book Value: C$18.34 per share
• Price / Book: 2.07

Miscellaneous

• Outstanding Shares: 139,460,000
• Free Float: N/A
• Market Cap: C$5.29 billion
• Optionable: Not Optionable
• Beta: 1.55