FY2026 Earnings Forecast for TSE:FTT Issued By Scotiabank

Finning International Inc. (TSE:FTT) – Research analysts at Scotiabank raised their FY2026 earnings per share (EPS) estimates for Finning International in a research report issued on Wednesday, May 20th. Scotiabank analyst J. Goldman now anticipates that the company will earn $4.59 per share for the year, up from their prior forecast of $4.47. Scotiabank has a “Sector Outperform” rating and a $109.00 price target on the stock. The consensus estimate for Finning International’s current full-year earnings is $4.24 per share. Scotiabank also issued estimates for Finning International’s FY2027 earnings at $5.42 EPS.

Several other equities research analysts have also recently weighed in on FTT. Raymond James Financial upped their target price on Finning International from C$100.00 to C$120.00 and gave the stock an “outperform” rating in a research note on Thursday, May 14th. Canadian Imperial Bank of Commerce upped their target price on Finning International from C$100.00 to C$120.00 in a research note on Thursday, May 14th. Canaccord Genuity Group upped their target price on Finning International from C$90.00 to C$100.00 and gave the stock a “buy” rating in a research note on Monday, February 9th. BMO Capital Markets upped their target price on Finning International from C$96.00 to C$115.00 in a research note on Thursday, May 14th. Finally, TD Securities upped their target price on Finning International from C$100.00 to C$104.00 and gave the stock a “buy” rating in a research note on Tuesday, February 17th. Eight research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of C$114.22.

Finning International Stock Up 1.0%

TSE FTT opened at C$96.41 on Friday. The business has a fifty day moving average price of C$92.77 and a two-hundred day moving average price of C$84.97. The company has a debt-to-equity ratio of 88.08, a current ratio of 1.61 and a quick ratio of 0.59. Finning International has a fifty-two week low of C$47.38 and a fifty-two week high of C$106.15. The stock has a market capitalization of C$12.59 billion, a PE ratio of 18.94, a PEG ratio of 0.56 and a beta of 0.70.

Finning International (TSE:FTT) last issued its quarterly earnings results on Tuesday, May 12th. The company reported C$1.02 earnings per share (EPS) for the quarter. Finning International had a return on equity of 24.23% and a net margin of 6.34%.The business had revenue of C$2.50 billion for the quarter.

Insider Transactions at Finning International

In related news, insider Gary Samuel Megarrell sold 300 shares of the firm’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of C$103.00, for a total transaction of C$30,900.00. Following the completion of the transaction, the insider directly owned 2,511 shares of the company’s stock, valued at C$258,633. This trade represents a 10.67% decrease in their position. Over the last three months, insiders sold 694 shares of company stock worth $71,496. 0.10% of the stock is owned by company insiders.

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.