Finning International Inc. (OTCMKTS:FINGF) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Finning International Inc. (OTCMKTS:FINGF) have been given a consensus rating of “Moderate Buy” by the seven ratings firms that are currently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating and six have given a buy rating to the company.

Several equities research analysts recently weighed in on the stock. TD Securities reissued a “buy” rating on shares of Finning International in a research report on Tuesday, February 17th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Finning International in a research report on Thursday, February 12th. Finally, Scotiabank reiterated an “outperform” rating on shares of Finning International in a research note on Thursday, January 29th.

Finning International Trading Down 6.3%

Shares of Finning International stock opened at $58.71 on Friday. Finning International has a 1 year low of $25.19 and a 1 year high of $71.89. The firm’s 50-day moving average is $64.11 and its 200 day moving average is $55.31. The company has a current ratio of 1.67, a quick ratio of 0.75 and a debt-to-equity ratio of 0.43.

Finning International (OTCMKTS:FINGF) last released its quarterly earnings data on Tuesday, February 10th. The company reported $0.72 earnings per share for the quarter, missing analysts’ consensus estimates of $0.77 by ($0.05). The firm had revenue of $1.96 billion for the quarter, compared to the consensus estimate of $1.85 billion. Finning International had a net margin of 6.03% and a return on equity of 18.01%.

Finning International Company Profile

Finning International Inc operates as the world’s largest dealer of Caterpillar machinery, engines and power systems, providing a comprehensive range of sales, rental, parts and service solutions. The company’s core offerings encompass medium- and heavy-duty equipment for industries such as mining, construction, energy, forestry and transportation, along with bespoke power generation packages and digital monitoring tools. Through maintenance contracts and cost-per-hour service agreements, Finning helps customers optimize equipment uptime and total lifecycle costs.

Founded in Vancouver, British Columbia, in 1933, Finning has grown from a single dealership to a global enterprise headquartered in Vancouver’s downtown business district.