Finning International Inc. (TSE:FTT) Senior Officer Kieran Colquhoun Holm Sells 3,000 Shares

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 shares were sold at an average price of C$42.10, for a total value of C$126,300.00.

Finning International Stock Performance

Shares of TSE:FTT opened at C$42.55 on Friday. The company has a debt-to-equity ratio of 113.71, a current ratio of 1.55 and a quick ratio of 0.59. The business’s 50 day moving average price is C$37.97 and its 200-day moving average price is C$39.43. The firm 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 1 year low of C$34.28 and a 1 year high of C$45.17.

Finning International (TSE:FTT) last issued its quarterly earnings results on Tuesday, November 12th. The company reported C$0.93 earnings per share (EPS) 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 period last year, the business earned $1.07 earnings per share. As a group, equities research analysts expect that Finning International Inc. will post 4.244898 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

FTT has been the subject of several recent research reports. Canaccord Genuity Group reduced their price target on Finning International from C$53.00 to C$51.00 in a research report on Thursday, November 14th. CIBC dropped their price objective on Finning International from C$50.00 to C$49.00 in a report on Monday. Royal Bank of Canada dropped their price objective on Finning International from C$50.00 to C$46.00 in a report on Thursday, November 14th. BMO Capital Markets dropped their price objective on Finning International from C$50.00 to C$46.00 in a report on Thursday, November 14th. Finally, Raymond James dropped their price objective on Finning International from C$52.00 to C$50.00 in a report on Thursday, November 14th. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target 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.