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Finning International (TSE:FTT)
TSX:FTT
RESEARCH TOOLSreports
Finning International (FTT) Stock Price & Analysis
161 Followers
FTT Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$32.81 - C$45.36
Previous CloseC$41.83
Volume424.08K
Average Volume (3M)387.77K
Market Cap
C$6.02B
Enterprise ValueC$8.56B
Total Cash (Recent Filing)C$177.00M
Total Debt (Recent Filing)C$2.70B
Price to Earnings (P/E)11.8
Beta1.38
Next Earnings
May 06, 2024EPS Estimate
C$0.85Last Dividend Ex-Date
Feb 21, 2024Dividend Yield2.36%
Share Statistics
EPS (TTM)3.54
Shares Outstanding144,007,263
10 Day Avg. Volume303,998
30 Day Avg. Volume387,774
Standard Deviation0.10
R-Squared0.54
Alpha0.00563
Financial Highlights & Ratios
Price to Book (P/B)3.26
Price to Sales (P/S)0.57
Price to Cash Flow (P/CF)N/A
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$47.00Price Target Upside11.75% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
Finning International News
PremiumPress Releases
Finning announces director resignation
PremiumPress Releases
Finning reports Q4 and Annual 2023 results
PremiumPress Releases
Finning reports Q3 2023 results
PremiumPre-Earnings
Is FTT a Buy, Before Earnings?Bulls Say, Bears Say
Bulls Say
Financial PerformanceFinning maintains a strong balance sheet with Free Cash Flow of $262 million and a net debt-to-EBITDA ratio well below the long-term target of less than 3.0x.
Growth PotentialDemand from the mining sector and anticipated higher capital budgets from mining and oil sands customers are expected to drive demand for equipment and rebuilds.
Market OutlookThe completion of major pipelines in Western Canada are expected to support activity levels in the energy sector.
Bears Say
Currency ImpactArgentina suffered a significant currency devaluation, impacting product support growth and increasing inventory levels unexpectedly.
Margin ConcernsMargins in Canada and the UK were lower than expected, deviating from the company's forecasts and indicating potential profitability issues.
Revenue MissNet revenue growth was marginal and fell short of estimates, driven by a decline in new equipment sales and weaker than anticipated product support growth.
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Options Prices
Currently, No data available
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Ownership Overview
1.36% Insiders
6.41% Mutual Funds
5.17% Other Institutional Investors
87.06% 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$32.81 and its highest was C$45.36 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 May 06, 2024 which is in 17 days.
How were Finning International’s earnings last quarter?
Finning International released its earnings results on Feb 06, 2024. The company reported C$0.96 earnings per share for the quarter, missing the consensus estimate of C$0.969 by -C$0.009.
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$0.25 which represents an annual dividend yield of 2.36%. See more information on Finning International dividends here
What is Finning International’s EPS estimate?
Finning International’s EPS estimate is C$0.85.
How many shares outstanding does Finning International have?
Finning International has 144,007,260 shares outstanding.
What happened to Finning International’s price movement after its last earnings report?
Finning International reported an EPS of C$0.96 in its last earnings report, missing expectations of C$0.969. Following the earnings report the stock price went down -9.181%.
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
Outperform
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Analyst Consensus
Strong Buy
Average Price Target:
C$47.00 (11.75% Upside)
C$47.00 (11.75% Upside)
Insider Transactions
Sold Shares
Worth C$231.2K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 5.2%
Last 30 Days ▲ 3.9%
Last 30 Days ▲ 3.9%
Technicals
SMA
Positive
20 days / 200 days
Momentum
22.81%
12-Months-Change
Fundamentals
Return on Equity
21.10%
Trailing 12-Months
Asset Growth
3.96%
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 Months Forecast
Average Price Target
C$47.00
▲(11.75% Upside)
Technical Analysis
Black Diamond
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Richelieu Hardware
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Doman Building Materials Group
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Wajax Corporation
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Best Analysts Covering FTT
1 Year
1 Year Success Rate
37/50 ratings generated profit
1 Year Average Return
+21.37%
reiterated a buy rating 4 days ago
Copying Michael Doumet's trades and holding each position for 1 Year would result in 74.00% of your transactions generating a profit, with an average return of +21.37% per trade.
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