Juan Pablo Amar Sells 1,899 Shares of Finning International Inc. (TSE:FTT) Stock

Finning International Inc. (TSE:FTT) Senior Officer Juan Pablo Amar sold 1,899 shares of the business’s stock in a transaction on Monday, February 10th. The shares were sold at an average price of C$43.18, for a total transaction of C$82,004.33.

Finning International Stock Performance

Shares of TSE FTT opened at C$43.79 on Thursday. Finning International Inc. has a 1 year low of C$34.28 and a 1 year high of C$45.17. The firm has a market cap of C$6.11 billion, a P/E ratio of 12.48, a PEG ratio of 0.56 and a beta of 1.55. The stock has a fifty day moving average price of C$38.40 and a two-hundred day moving average price of C$39.50. The company has a debt-to-equity ratio of 113.71, a quick ratio of 0.59 and a current ratio of 1.55.

Finning International (TSE:FTT) last announced its quarterly earnings results 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 net margin of 4.65% and a return on equity of 20.14%. During the same period last year, the business earned $1.07 EPS. Research analysts forecast that Finning International Inc. will post 4.244898 EPS for the current fiscal year.

Wall Street Analyst Weigh In

FTT has been the topic of several recent research reports. Royal Bank of Canada cut their price objective on shares of Finning International from C$50.00 to C$46.00 in a research report on Thursday, November 14th. CIBC reduced their price objective on Finning International from C$50.00 to C$49.00 in a research report on Monday, February 3rd. BMO Capital Markets raised their target price on Finning International from C$45.00 to C$50.00 in a research report on Friday, February 7th. Canaccord Genuity Group cut their target price on Finning International from C$53.00 to C$51.00 in a research note on Thursday, November 14th. Finally, Canaccord Genuity Group increased their price target on Finning International from C$51.00 to C$55.00 in a research note on Friday, February 7th. Five research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target 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.