FY2026 Earnings Forecast for TSE:FTT Issued By Scotiabank

Finning International Inc. (TSE:FTT) – Research analysts at Scotiabank lifted their FY2026 earnings per share (EPS) estimates for Finning International in a report released on Wednesday, May 20th. Scotiabank analyst J. Goldman now forecasts that the company will earn $4.59 per share for the year, up from their previous estimate 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.

FTT has been the topic of a number of other research reports. BMO Capital Markets boosted their price target on Finning International from C$96.00 to C$115.00 in a research report on Thursday, May 14th. National Bank Financial raised Finning International from a “sector perform” rating to an “outperform” rating and boosted their price target for the stock from C$89.00 to C$115.00 in a research report on Thursday, May 14th. Royal Bank Of Canada boosted their price target on Finning International from C$104.00 to C$130.00 in a research report on Friday, May 15th. TD Securities boosted their price target on Finning International from C$100.00 to C$104.00 and gave the stock a “buy” rating in a research report on Tuesday, February 17th. Finally, Canaccord Genuity Group boosted their price target on Finning International from C$90.00 to C$100.00 and gave the stock a “buy” rating in a research report on Monday, February 9th. Eight analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of C$114.22.

Finning International Stock Performance

FTT opened at C$96.41 on Friday. Finning International has a 52-week low of C$47.38 and a 52-week high of C$106.15. The firm 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. The company has a debt-to-equity ratio of 88.08, a quick ratio of 0.59 and a current ratio of 1.61. The business’s 50-day simple moving average is C$92.77 and its 200 day simple moving average is C$84.97.

Finning International (TSE:FTT) last released its 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.

Insiders Place Their Bets

In other news, insider Gary Samuel Megarrell sold 300 shares of the company’s stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of C$103.00, for a total value of C$30,900.00. Following the transaction, the insider owned 2,511 shares of the company’s stock, valued at approximately C$258,633. This represents a 10.67% decrease in their ownership of the stock. Insiders sold a total of 694 shares of company stock worth $71,496 over the last 90 days. 0.10% of the stock is owned by 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.