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 the stock in a transaction on Thursday, February 6th. The stock was sold at an average price of C$42.10, for a total transaction of C$126,300.00.

Finning International Stock Performance

Shares of FTT stock opened at C$42.61 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 stock has a 50 day simple moving average of C$38.07 and a 200-day simple moving average of C$39.44. The company has a market cap of C$5.94 billion, a price-to-earnings ratio of 12.14, a price-to-earnings-growth 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.

Finning International (TSE:FTT) last released its quarterly earnings data on Tuesday, November 12th. The company reported C$0.93 earnings per share (EPS) 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 firm posted $1.07 earnings per share. On average, equities analysts forecast that Finning International Inc. will post 4.244898 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the stock. Royal Bank of Canada reduced their target price on shares of Finning International from C$50.00 to C$46.00 in a report on Thursday, November 14th. BMO Capital Markets upped their price objective on Finning International from C$45.00 to C$50.00 in a research note on Friday. Raymond James lowered their target price on Finning International from C$52.00 to C$50.00 in a research note on Thursday, November 14th. Canaccord Genuity Group upped their price target on Finning International from C$51.00 to C$55.00 in a research note on Friday. Finally, Canaccord Genuity Group lowered their price objective on shares of Finning International from C$53.00 to C$51.00 in a research report on Thursday, November 14th. Five analysts have rated the stock with a buy rating, According to MarketBeat, Finning International currently has a consensus rating of “Buy” and a consensus target price of C$49.33.

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.