Finning International Inc. (OTCMKTS:FINGF) Receives Average Recommendation of “Moderate Buy” from Analysts

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

Several research firms have commented on FINGF. Royal Bank Of Canada restated an “outperform” rating on shares of Finning International in a research note on Thursday, February 12th. TD Securities reaffirmed a “buy” rating on shares of Finning International in a research report on Tuesday, February 17th. Finally, Scotiabank reaffirmed an “outperform” rating on shares of Finning International in a research report on Thursday, January 29th.

Finning International Trading Up 0.1%

OTCMKTS:FINGF opened at $65.58 on Tuesday. Finning International has a fifty-two week low of $26.69 and a fifty-two week high of $71.89. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.67 and a quick ratio of 0.75. The stock has a market capitalization of $8.57 billion and a PE ratio of 91.08. The business’s 50-day simple moving average is $64.73 and its 200-day simple moving average is $57.79.

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 the consensus estimate of $0.77 by ($0.05). Finning International had a net margin of 6.03% and a return on equity of 18.01%. The business had revenue of $1.96 billion for the quarter, compared to the consensus estimate of $1.85 billion.

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.