Finning International (TSE:FTT – Get Free Report) had its target price boosted by analysts at Raymond James Financial from C$100.00 to C$120.00 in a note issued to investors on Thursday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. Raymond James Financial’s price objective suggests a potential upside of 17.37% from the company’s previous close.
A number of other equities analysts have also weighed in on FTT. 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. 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. TD upped their target price on Finning International from C$104.00 to C$106.00 and gave the stock a “buy” rating in a research note on Wednesday, April 15th. BMO Capital Markets upped their target price on Finning International from C$96.00 to C$115.00 in a research note on Thursday. Finally, Scotiabank upped their target price on shares of Finning International from C$105.00 to C$109.00 and gave the stock a “sector outperform” rating in a research report on Tuesday, April 28th. Eight analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of “Buy” and a consensus price target of C$113.22.
Read Our Latest Stock Report on Finning International
Finning International Price Performance
Finning International (TSE:FTT – Get Free Report) last announced its earnings results on Tuesday, May 12th. The company reported C$1.02 earnings per share for the quarter. The business had revenue of C$2.50 billion for the quarter. Finning International had a return on equity of 24.23% and a net margin of 6.34%. As a group, equities analysts anticipate that Finning International will post 4.244898 EPS for the current fiscal year.
Insider Transactions at Finning International
In other Finning International news, insider Gary Samuel Megarrell sold 300 shares of the company’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of C$103.00, for a total transaction of C$30,900.00. Following the completion of the sale, the insider directly owned 2,511 shares in the company, valued at C$258,633. This represents a 10.67% decrease in their ownership of the stock. Insiders have sold 694 shares of company stock worth $71,496 in the last ninety days. Corporate insiders own 0.10% of the company’s stock.
Key Headlines Impacting Finning International
Here are the key news stories impacting Finning International this week:
- Positive Sentiment: Royal Bank of Canada raised its price target on Finning International to C$130, suggesting meaningful upside from current levels.
- Positive Sentiment: Canadian Imperial Bank of Commerce, BMO Capital Markets, and Raymond James all increased their targets to C$120-C$120, reinforcing a broadly bullish analyst consensus.
- Positive Sentiment: National Bank Financial upgraded Finning International to outperform and lifted its target to C$115 from C$89, indicating stronger expectations for the stock.
- Neutral Sentiment: Finning released its Q1 2026 earnings call transcript, which may provide additional color on operating trends but did not include a new financial result in the provided items. Full Transcript: Finning International Q1 2026 Earnings Call
- Negative Sentiment: Insider Gary Samuel Megarrell sold a small number of Finning shares in several transactions, which can slightly dampen sentiment even though the sales were modest relative to his remaining holdings.
Finning International Company Profile
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.
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