TSE:FTT FY2026 EPS Raised by Raymond James Financial

Finning International Inc. (TSE:FTT) – Research analysts at Raymond James Financial raised their FY2026 EPS estimates for Finning International in a note issued to investors on Wednesday, November 12th. Raymond James Financial analyst S. Hansen now forecasts that the company will post earnings of $4.65 per share for the year, up from their prior forecast of $4.60. The consensus estimate for Finning International’s current full-year earnings is $4.24 per share.

A number of other equities research analysts also recently commented on the company. Royal Bank Of Canada lifted their price objective on Finning International from C$61.00 to C$67.00 and gave the company an “outperform” rating in a research report on Thursday, August 7th. BMO Capital Markets lifted their price objective on Finning International from C$76.00 to C$85.00 in a research note on Thursday. CIBC upped their price target on shares of Finning International from C$77.00 to C$84.00 in a research report on Thursday. Scotiabank upped their price target on Finning International from C$71.00 to C$85.00 in a report on Thursday. Finally, TD Securities raised their target price on Finning International from C$81.00 to C$88.00 in a research note on Thursday. Seven investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of C$75.88.

Finning International Trading Down 0.9%

FTT stock traded down C$0.65 during midday trading on Friday, hitting C$73.27. The stock had a trading volume of 421,034 shares, compared to its average volume of 493,503. The company’s 50-day moving average price is C$67.05 and its 200 day moving average price is C$58.84. The company has a debt-to-equity ratio of 98.14, a current ratio of 1.65 and a quick ratio of 0.59. The firm has a market cap of C$9.86 billion, a PE ratio of 15.72, a price-to-earnings-growth ratio of 0.56 and a beta of 0.91. Finning International has a 12-month low of C$34.59 and a 12-month high of C$79.68.

About Finning International

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.