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

Finning International Inc. (OTCMKTS:FINGF) has earned a consensus recommendation of “Moderate Buy” from the seven analysts that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a hold rating and six have given a buy rating to the company.

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

Finning International Stock Performance

FINGF opened at $71.43 on Friday. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.67 and a quick ratio of 0.75. The firm has a fifty day moving average price of $66.45 and a 200 day moving average price of $60.16. Finning International has a 1 year low of $29.17 and a 1 year high of $74.65. The stock has a market cap of $9.33 billion and a P/E ratio of 99.21.

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). Finning International had a net margin of 6.03% and a return on equity of 18.01%. The firm had revenue of $1.96 billion during the quarter, compared to analyst estimates 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.