Finning International Inc. (OTCMKTS:FINGF) Receives Average Rating of “Moderate Buy” from Brokerages

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

Several equities analysts have recently issued reports on FINGF shares. Royal Bank Of Canada reiterated an “outperform” rating on shares of Finning International in a research note on Thursday, February 12th. TD Securities restated a “buy” rating on shares of Finning International in a research note on Tuesday, February 17th. Finally, Scotiabank reaffirmed an “outperform” rating on shares of Finning International in a report on Thursday, January 29th.

Finning International Stock Down 1.6%

Finning International stock opened at $62.80 on Friday. The firm has a market capitalization of $8.22 billion and a P/E ratio of 87.22. The company has a current ratio of 1.67, a quick ratio of 0.75 and a debt-to-equity ratio of 0.43. Finning International has a twelve month low of $25.19 and a twelve month high of $71.89. The stock’s fifty day simple moving average is $64.50 and its 200-day simple moving average is $55.71.

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