Finning International Inc. (OTCMKTS:FINGF) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Finning International Inc. (OTCMKTS:FINGF) have been assigned a consensus recommendation of “Moderate Buy” from the seven brokerages that are presently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and six have given a buy recommendation to the company.

A number of equities analysts have recently commented on the stock. TD Securities reiterated a “buy” rating on shares of Finning International in a report on Tuesday, February 17th. Scotiabank restated an “outperform” rating on shares of Finning International in a report on Thursday, January 29th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Finning International in a report on Thursday, February 12th.

Finning International Trading Down 5.3%

Shares of OTCMKTS FINGF opened at $62.69 on Friday. The company has a 50 day simple moving average of $64.07 and a 200 day simple moving average of $55.00. Finning International has a 1 year low of $25.19 and a 1 year high of $71.89.

Finning International (OTCMKTS:FINGF) last posted its earnings results on Tuesday, February 10th. The company reported $0.72 earnings per share for the quarter, missing analysts’ consensus estimates of $0.77 by ($0.05). Finning International had a return on equity of 18.01% and a net margin of 6.03%.The business had revenue of $1.96 billion for the quarter, compared to the consensus estimate of $1.85 billion.

Finning International Company Profile

Finning International Inc operates as the world’s largest dealer of Caterpillar machinery, engines and power systems, providing a comprehensive range of sales, rental, parts and service solutions. The company’s core offerings encompass medium- and heavy-duty equipment for industries such as mining, construction, energy, forestry and transportation, along with bespoke power generation packages and digital monitoring tools. Through maintenance contracts and cost-per-hour service agreements, Finning helps customers optimize equipment uptime and total lifecycle costs.

Founded in Vancouver, British Columbia, in 1933, Finning has grown from a single dealership to a global enterprise headquartered in Vancouver’s downtown business district.