Finning International Inc. (OTCMKTS:FINGF) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Finning International Inc. (OTCMKTS:FINGF) have received an average recommendation of “Moderate Buy” from the seven ratings firms that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company.

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

Finning International Stock Up 0.9%

Shares of OTCMKTS FINGF opened at $67.02 on Monday. Finning International has a twelve month low of $25.19 and a twelve month high of $68.87. The stock has a fifty day simple moving average of $60.89 and a 200-day simple moving average of $52.75.

Finning International (OTCMKTS:FINGF) last posted its earnings results on Tuesday, February 10th. The company reported $0.72 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.77 by ($0.05). The company had revenue of $1.96 billion during the quarter, compared to analysts’ expectations of $1.85 billion.

About Finning International

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.