Finning International Inc. (TSE:FTT – Get Rating) – Equities research analysts at National Bank Financial reduced their FY2022 earnings per share (EPS) estimates for Finning International in a report issued on Wednesday, September 14th. National Bank Financial analyst M. Sytchev now forecasts that the company will earn $2.81 per share for the year, down from their previous forecast of $2.86. The consensus estimate for Finning International’s current full-year earnings is $2.85 per share.
A number of other research firms have also issued reports on FTT. National Bankshares increased their target price on Finning International from C$41.00 to C$46.00 in a research note on Wednesday, July 13th. Scotiabank increased their target price on Finning International from C$38.00 to C$39.00 in a research note on Thursday, August 4th. CIBC lowered their target price on Finning International from C$50.00 to C$35.00 in a research note on Wednesday, July 13th. Royal Bank of Canada lowered their target price on Finning International from C$47.00 to C$44.00 and set an “outperform” rating for the company in a research note on Thursday, August 4th. Finally, BMO Capital Markets increased their target price on Finning International from C$32.00 to C$33.00 in a research note on Thursday, August 4th.
Finning International Price Performance
Finning International (TSE:FTT – Get Rating) last announced its quarterly earnings results on Tuesday, August 2nd. The company reported C$0.80 EPS for the quarter, topping the consensus estimate of C$0.64 by C$0.16. The firm had revenue of C$2 billion for the quarter, compared to analyst estimates of C$1.89 billion.
Insider Buying and Selling at Finning International
In other Finning International news, Director Harold N. Kvisle acquired 5,000 shares of the stock in a transaction on Thursday, June 23rd. The stock was purchased at an average price of C$26.92 per share, for a total transaction of C$134,600.00. Following the purchase, the director now directly owns 45,000 shares in the company, valued at C$1,211,400.
Finning International Company Profile
Finning International Inc sells, services, and rents heavy equipment, and power and energy systems in Canada, Chile, the United Kingdom, Argentina, and internationally. The company offers telehandlers, articulated trucks, asphalt pavers, backhoe loaders, cable assist vehicles, cable yarding systems, chip dozers, cold planers, compactors, dozers, drills, electric rope shovels, excavators, material handlers, motor graders, off-highway trucks, pipelayers, remixing transfer vehicle, road reclaimers, road wideners, skid steer and compact track loaders, tack distributors, track loaders, underground-hard rock, wheel loaders, wheel tractor-scrapers, and windrow elevators, as well as attachments.
- Lucid is Looking Like a Clear EV Winner
- Still Lovin’ It: Investors Keep Visiting McDonald’s
- Did FedEx Just Deliver A Buying Opportunity?
- Autozone Shifts Back Into Rally-Mode, New Highs Are In Sight
- Upwork Shares Stumble into Bargain Territory
Receive News & Ratings for Finning International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Finning International and related companies with MarketBeat.com's FREE daily email newsletter.