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 the company’s stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of C$43.18, for a total value of C$82,004.33.

Finning International Stock Down 0.8 %

TSE:FTT opened at C$43.50 on Wednesday. The company has a debt-to-equity ratio of 113.71, a current ratio of 1.55 and a quick ratio of 0.59. Finning International Inc. has a 1-year low of C$34.28 and a 1-year high of C$45.17. The company has a 50-day moving average of C$38.30 and a 200 day moving average of C$39.48. The firm has a market cap of C$6.07 billion, a PE ratio of 12.39, a price-to-earnings-growth ratio of 0.56 and a beta of 1.55.

Finning International (TSE:FTT) last announced its quarterly earnings results on Tuesday, November 12th. The company reported C$0.93 earnings per share for the quarter, missing the consensus estimate of C$1.03 by C($0.10). Finning International had a return on equity of 20.14% and a net margin of 4.65%. During the same quarter in the previous year, the firm posted $1.07 earnings per share. As a group, research analysts anticipate that Finning International Inc. will post 4.244898 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have commented on FTT shares. Canaccord Genuity Group upped their price objective on Finning International from C$51.00 to C$55.00 in a research report on Friday, February 7th. CIBC reduced their price target on shares of Finning International from C$50.00 to C$49.00 in a research note on Monday, February 3rd. Canaccord Genuity Group decreased their price objective on shares of Finning International from C$53.00 to C$51.00 in a report on Thursday, November 14th. Raymond James dropped their target price on shares of Finning International from C$52.00 to C$50.00 in a research note on Thursday, November 14th. Finally, BMO Capital Markets lifted their price target on shares of Finning International from C$45.00 to C$50.00 in a research note on Friday, February 7th. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Finning International presently has a consensus rating of “Buy” and an average target price 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.