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Finning International (TSE:FTT)
TSX:FTT
RESEARCH TOOLSreports
Finning International (FTT) Stock Price & Analysis
167 Followers
FTT Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$33.08 - C$45.08
Previous CloseC$39.4
Volume263.44K
Average Volume (3M)370.98K
Market Cap
C$5.53B
Enterprise ValueC$8.35B
Total Cash (Recent Filing)C$215.00M
Total Debt (Recent Filing)C$3.02B
Price to Earnings (P/E)11.3
Beta1.32
Next Earnings
Aug 06, 2024EPS Estimate
C$0.99Last Dividend Ex-Date
May 21, 2024Dividend Yield2.6%
Share Statistics
EPS (TTM)3.50
Shares Outstanding142,174,863
10 Day Avg. Volume379,675
30 Day Avg. Volume370,978
Standard Deviation0.10
R-Squared0.51
Alpha0.00756
Financial Highlights & Ratios
Price to Book (P/B)3.01
Price to Sales (P/S)2.07
Price to Cash Flow (P/CF)-7.80
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$49.00Price Target Upside24.37% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
Finning International News
PremiumCompany Announcements
Finning Shareholders Approve All Resolutions
PremiumPre-Earnings
Is FTT a Buy, Before Earnings?
PremiumPress Releases
Finning announces director resignation
PremiumPress Releases
Finning reports Q4 and Annual 2023 resultsBulls Say, Bears Say
Bulls Say
Financial PerformanceFinning maintains a strong balance sheet with robust Free Cash Flow and a healthy net debt-to-EBITDA ratio, signaling financial stability and potential for shareholder value creation.
Future Growth ProspectsManagement's optimism about growth, with significant capital unlocking expected, presents a positive outlook for future investments and revenue streams.
Market DemandRising demand in core markets, driven by higher commodity prices and increased infrastructure spending, suggests an upward trajectory for earnings.
Bears Say
Earnings MissNet revenue increased marginally year over year, missing estimates due to lower new equipment sales and subdued growth in product support.
Economic ImpactArgentina suffered a significant currency devaluation, impacting product support growth and causing higher than expected inventory levels.
Financial PerformanceMargins in Canada and the UK were lower than anticipated, diverging negatively from forecasts.
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Options Prices
Currently, No data available
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Ownership Overview
1.39% Insiders
6.34% Mutual Funds
5.38% Other Institutional Investors
86.89% Public Companies and
Individual Investors
FTT FAQ
What was Finning International’s price range in the past 12 months?
Finning International lowest stock price was C$33.08 and its highest was C$45.08 in the past 12 months.
What is Finning International’s market cap?
Currently, no data Available
When is Finning International’s upcoming earnings report date?
Finning International’s upcoming earnings report date is Aug 06, 2024 which is in 16 days.
How were Finning International’s earnings last quarter?
Finning International released its earnings results on May 06, 2024. The company reported C$0.84 earnings per share for the quarter, missing the consensus estimate of C$0.853 by -C$0.013.
Is Finning International overvalued?
According to Wall Street analysts Finning International’s price is currently Undervalued.
Does Finning International pay dividends?
Finning International pays a Quarterly dividend of C$0.28 which represents an annual dividend yield of 2.6%. See more information on Finning International dividends here
What is Finning International’s EPS estimate?
Finning International’s EPS estimate is C$0.99.
How many shares outstanding does Finning International have?
Finning International has 140,405,750 shares outstanding.
What happened to Finning International’s price movement after its last earnings report?
Finning International reported an EPS of C$0.84 in its last earnings report, missing expectations of C$0.853. Following the earnings report the stock price went up 3.476%.
Which hedge fund is a major shareholder of Finning International?
Currently, no hedge funds are holding shares in TSE:FTT
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Finning International Stock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
C$49.00 (24.37% Upside)
C$49.00 (24.37% Upside)
Insider Transactions
Sold Shares
Worth C$623.4K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.1%
Last 30 Days ▼ 5.6%
Last 30 Days ▼ 5.6%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-6.12%
12-Months-Change
Fundamentals
Return on Equity
20.31%
Trailing 12-Months
Asset Growth
7.28%
Trailing 12-Months
Company Description
Finning International
Finning International Inc is a dealer and distributor of heavy-duty machinery and parts of the Caterpillar brand. The company sells and rents Caterpillar machinery to the mining, construction, petroleum, forestry, and power system application industries. Finning International further provides parts and services for equipment and engines to its customers via its owned distribution network and buys and sells used equipment domestically and internationally after reconditioning or rebuilding the machinery. The company operates in Canada, South America, UK and Ireland, and others.
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FTT Stock 12 Month Forecast
Average Price Target
C$49.00
▲(24.37% Upside)
Technical Analysis
Richelieu Hardware
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Doman Building Materials Group
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Wajax Corporation
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Decisive Dividend
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Best Analysts Covering FTT
1 Year
1 Year Success Rate
37/51 ratings generated profit
1 Year Average Return
+20.24%
assigned a buy rating 2 months ago
Copying Michael Doumet's trades and holding each position for 1 Year would result in 72.55% of your transactions generating a profit, with an average return of +20.24% per trade.
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