Kieran Colquhoun Holm Sells 3,000 Shares of Finning International Inc. (TSE:FTT) 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 shares were sold at an average price of C$42.10, for a total value of C$126,300.00.

Finning International Stock Up 0.1 %

FTT stock opened at C$42.61 on Friday. The stock has a market cap of C$5.94 billion, a P/E ratio of 12.14, a PEG ratio of 0.56 and a beta of 1.55. The company has a current ratio of 1.55, a quick ratio of 0.59 and a debt-to-equity ratio of 113.71. Finning International Inc. has a twelve month low of C$34.28 and a twelve month high of C$45.17. The company’s 50 day moving average is C$38.07 and its two-hundred day moving average is C$39.44.

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

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Canaccord Genuity Group upped their price target on Finning International from C$51.00 to C$55.00 in a report on Friday. BMO Capital Markets upped their target price on shares of Finning International from C$45.00 to C$50.00 in a research note on Friday. Raymond James lowered their price target on shares of Finning International from C$52.00 to C$50.00 in a report on Thursday, November 14th. CIBC reduced their price objective on shares of Finning International from C$50.00 to C$49.00 in a report on Monday, February 3rd. Finally, Royal Bank of Canada decreased their price objective on shares of Finning International from C$50.00 to C$46.00 in a research report on Thursday, November 14th. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Finning International presently has an average 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.