Analysts Issue Forecasts for TSE:FTT FY2027 Earnings

Finning International Inc. (TSE:FTT) – Research analysts at Scotiabank issued their FY2027 EPS estimates for shares of Finning International in a report issued on Thursday, February 19th. Scotiabank analyst J. Goldman expects that the company will post earnings per share of $5.26 for the year. Scotiabank currently has a “Outperform” rating and a $105.00 target price on the stock. The consensus estimate for Finning International’s current full-year earnings is $4.24 per share.

Finning International (TSE:FTT) last released its quarterly earnings data on Tuesday, February 10th. The company reported C$1.02 earnings per share for the quarter. The firm had revenue of C$2.77 billion during the quarter. Finning International had a return on equity of 19.69% and a net margin of 4.54%.

Several other research firms also recently weighed in on FTT. BMO Capital Markets raised their price target on Finning International from C$76.00 to C$85.00 in a research report on Thursday, November 13th. Royal Bank Of Canada increased their price objective on Finning International from C$89.00 to C$104.00 in a research note on Thursday, February 12th. Raymond James Financial boosted their target price on shares of Finning International from C$68.00 to C$85.00 in a research note on Thursday, November 13th. National Bank Financial upped their target price on shares of Finning International from C$66.00 to C$72.00 and gave the company a “sector perform” rating in a report on Monday, December 15th. Finally, Canaccord Genuity Group raised their price target on shares of Finning International from C$90.00 to C$100.00 and gave the stock a “buy” rating in a research note on Monday, February 9th. Six analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of C$94.63.

Finning International Stock Up 1.4%

Finning International stock opened at C$91.31 on Friday. Finning International has a fifty-two week low of C$34.59 and a fifty-two week high of C$91.95. The firm has a market capitalization of C$11.95 billion, a price-to-earnings ratio of 18.48, a price-to-earnings-growth ratio of 0.56 and a beta of 0.80. The stock’s fifty day moving average is C$82.07 and its two-hundred day moving average is C$71.81. The company has a debt-to-equity ratio of 98.14, a quick ratio of 0.59 and a current ratio of 1.65.

Finning International Company Profile

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.