Finning International Inc. (TSE:FTT) Senior Officer Sells C$82,004.33 in Stock

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

Finning International Stock Performance

Shares of FTT traded down C$0.41 during mid-day trading on Tuesday, reaching C$43.46. The company’s stock had a trading volume of 217,563 shares, compared to its average volume of 477,573. 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 1-year low of C$34.28 and a 1-year high of C$45.17. The business has a 50-day simple moving average of C$38.18 and a two-hundred day simple moving average of C$39.47. The stock has a market cap of C$6.06 billion, a P/E ratio of 12.38, a PEG ratio of 0.56 and a beta of 1.55.

Finning International (TSE:FTT) last released its quarterly earnings data on Tuesday, November 12th. The company reported C$0.93 EPS for the quarter, missing analysts’ consensus estimates 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 in the prior year, the firm earned $1.07 EPS. As a group, equities research analysts anticipate that Finning International Inc. will post 4.244898 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

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

About Finning International

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.