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TSE:FTT

Finning International (FTT) Stock Price, News & Analysis

Finning International logo
C$36.92 -0.24 (-0.65%)
(As of 10:15 AM ET)

About Finning International Stock (TSE:FTT)

Key Stats

Today's Range
C$36.85
C$37.18
50-Day Range
C$37.16
C$44.70
52-Week Range
C$34.04
C$45.17
Volume
20,287 shs
Average Volume
354,019 shs
Market Capitalization
C$5.15 billion
P/E Ratio
10.52
Dividend Yield
2.98%
Price Target
C$48.00
Consensus Rating
Buy

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.

Finning International Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
73rd Percentile Overall Score

FTT 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.

  • 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.

  • Read more about Finning International's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Finning International is 10.59, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.26.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Finning International is 10.59, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 527.02.

  • 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 2.03. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Finning International's valuation and earnings.
  • Short Interest

    There is no current short interest data available for FTT.
  • 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%.

  • Read more about Finning International's dividend.
  • Short Interest

    There is no current short interest data available for FTT.
  • News Sentiment

    Finning International has a news sentiment score of -0.40. 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 0.42 average news sentiment score of Industrials companies.
  • News Coverage This Week

    MarketBeat has tracked 21 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.
  • 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.

  • Read more about Finning International's insider trading history.
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FTT Stock News Headlines

FY2024 Earnings Estimate for TSE:FTT Issued By Raymond James
TSE:FTT FY2024 EPS Lowered by National Bank Financial
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FTT Stock Analysis - Frequently Asked Questions

Finning International's stock was trading at C$38.32 at the beginning of the year. Since then, FTT shares have decreased by 3.0% and is now trading at C$37.16.
View the best growth stocks for 2024 here
.

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.

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
11/21/2024
Next Earnings (Estimated)
2/04/2025

Industry, Sector and Symbol

Industry
Industrial Distribution
Sub-Industry
N/A
CIK
N/A
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
+29.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
C$506 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$10.87 billion
Cash Flow
C$0.85 per share
Book Value
C$18.34 per share

Miscellaneous

Free Float
N/A
Market Cap
C$5.18 billion
Optionable
Not Optionable
Beta
1.55
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This page (TSE:FTT) was last updated on 11/21/2024 by MarketBeat.com Staff
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