Finning International Inc. (TSE:FTT) Senior Officer Juan Pablo Amar Sells 1,899 Shares

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

Finning International Stock Performance

Shares of TSE FTT opened at C$43.79 on Thursday. The firm has a market capitalization of C$6.11 billion, a price-to-earnings ratio of 12.48, a PEG ratio of 0.56 and a beta of 1.55. Finning International Inc. has a one year low of C$34.28 and a one year high of C$45.17. The business has a fifty day simple moving average of C$38.40 and a 200 day simple moving average of C$39.50. 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 (TSE:FTT) last announced its quarterly earnings data on Tuesday, November 12th. The company reported C$0.93 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$1.03 by C($0.10). Finning International had a net margin of 4.65% and a return on equity of 20.14%. During the same quarter last year, the firm posted $1.07 earnings per share. Sell-side analysts expect that Finning International Inc. will post 4.244898 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on FTT shares. Royal Bank of Canada lowered their target price on Finning International from C$50.00 to C$46.00 in a report on Thursday, November 14th. BMO Capital Markets raised their price objective on shares of Finning International from C$45.00 to C$50.00 in a research note on Friday, February 7th. Canaccord Genuity Group dropped their target price on shares of Finning International from C$53.00 to C$51.00 in a research report on Thursday, November 14th. CIBC reduced their price target on shares of Finning International from C$50.00 to C$49.00 in a report on Monday, February 3rd. Finally, Canaccord Genuity Group boosted their price objective on shares of Finning International from C$51.00 to C$55.00 in a report on Friday, February 7th. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, Finning International has an average rating of “Buy” and an average 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.