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

Finning International Inc. (TSE:FTT) Senior Officer Kieran Colquhoun Holm sold 3,000 shares of Finning International 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.

Finning International Price Performance

FTT stock opened at C$42.55 on Friday. The company has a current ratio of 1.55, a quick ratio of 0.59 and a debt-to-equity ratio of 113.71. The company has a market capitalization of C$5.93 billion, a PE ratio of 12.12, a P/E/G ratio of 0.56 and a beta of 1.55. Finning International Inc. has a 12-month low of C$34.28 and a 12-month high of C$45.17. The business’s fifty day moving average price is C$37.97 and its 200 day moving average price is C$39.43.

Finning International (TSE:FTT) last issued its quarterly earnings results on Tuesday, November 12th. The company reported C$0.93 earnings per share for the quarter, missing the consensus estimate 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 period in the previous year, the company posted $1.07 EPS. 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 equities research analysts have commented on the company. Royal Bank of Canada reduced their target price on Finning International from C$50.00 to C$46.00 in a research report on Thursday, November 14th. Raymond James reduced their target price on Finning International from C$52.00 to C$50.00 in a research report on Thursday, November 14th. Canaccord Genuity Group reduced their target price on Finning International from C$53.00 to C$51.00 in a research report on Thursday, November 14th. CIBC reduced their target price on Finning International from C$50.00 to C$49.00 in a research report on Monday. Finally, BMO Capital Markets reduced their target price on Finning International from C$50.00 to C$46.00 in a research report on Thursday, November 14th. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat, Finning International currently has a consensus rating of “Buy” and an average target price of C$48.13.

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.