What is Scotiabank’s Forecast for TSE:FTT FY2026 Earnings?

Finning International Inc. (TSE:FTT) – Scotiabank reduced their FY2026 earnings per share estimates for Finning International in a research note issued on Thursday, February 19th. Scotiabank analyst J. Goldman now expects that the company will post earnings per share of $4.55 for the year, down from their prior forecast of $4.57. Scotiabank has a “Outperform” rating and a $105.00 price target on the stock. The consensus estimate for Finning International’s current full-year earnings is $4.24 per share.

Finning International (TSE:FTT) last issued its quarterly earnings data on Tuesday, February 10th. The company reported C$1.02 earnings per share (EPS) for the quarter. Finning International had a net margin of 4.54% and a return on equity of 19.69%. The business had revenue of C$2.77 billion for the quarter.

Several other analysts have also commented on FTT. Canaccord Genuity Group raised their price objective on shares of Finning International from C$90.00 to C$100.00 and gave the stock a “buy” rating in a report on Monday, February 9th. Royal Bank Of Canada increased their target price on Finning International from C$89.00 to C$104.00 in a research report on Thursday, February 12th. Canadian Imperial Bank of Commerce raised their target price on Finning International from C$84.00 to C$102.00 in a research note on Friday, February 6th. Raymond James Financial lifted their price target on Finning International from C$68.00 to C$85.00 in a research report on Thursday, November 13th. Finally, BMO Capital Markets increased their price objective on Finning International from C$76.00 to C$85.00 in a report on Thursday, November 13th. Six equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of C$94.63.

Finning International Trading Down 2.9%

Shares of FTT opened at C$88.69 on Monday. Finning International has a 1-year low of C$34.59 and a 1-year high of C$91.95. The company has a current ratio of 1.65, a quick ratio of 0.59 and a debt-to-equity ratio of 98.14. The firm’s 50-day moving average price is C$82.35 and its 200-day moving average price is C$72.19. The firm has a market capitalization of C$11.60 billion, a price-to-earnings ratio of 17.95, a PEG ratio of 0.56 and a beta of 0.80.

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.