What is Scotiabank’s Estimate for TSE:FTT FY2027 Earnings?

Finning International Inc. (TSE:FTT) – Analysts at Scotiabank issued their FY2027 earnings per share estimates for Finning International in a report released on Thursday, February 19th. Scotiabank analyst J. Goldman expects that the company will post earnings per share of $5.26 for the year. Scotiabank has a “Outperform” rating and a $105.00 price objective on the stock. The consensus estimate for Finning International’s current full-year earnings is $4.24 per share.

Finning International (TSE:FTT) last issued its quarterly earnings data on Tuesday, February 10th. The company reported C$1.02 earnings per share for the quarter. The firm had revenue of C$2.77 billion for the quarter. Finning International had a net margin of 4.54% and a return on equity of 19.69%.

A number of other brokerages also recently issued reports on FTT. National Bank Financial boosted their price objective on shares of Finning International from C$66.00 to C$72.00 and gave the company a “sector perform” rating in a research report on Monday, December 15th. Canaccord Genuity Group lifted their target price on Finning International from C$90.00 to C$100.00 and gave the company a “buy” rating in a research report on Monday, February 9th. Canadian Imperial Bank of Commerce boosted their price target on Finning International from C$84.00 to C$102.00 in a report on Friday, February 6th. Royal Bank Of Canada upped their price target on Finning International from C$89.00 to C$104.00 in a research report on Thursday, February 12th. Finally, Raymond James Financial raised their price objective on Finning International from C$68.00 to C$85.00 in a research note on Thursday, November 13th. Six analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Finning International currently has an average rating of “Moderate Buy” and an average price target of C$94.63.

Finning International Stock Up 1.4%

Shares of FTT stock opened at C$91.31 on Friday. Finning International has a 12 month low of C$34.59 and a 12 month high of C$91.95. The stock has a market cap of C$11.95 billion, a P/E ratio of 18.48, a P/E/G ratio of 0.56 and a beta of 0.80. The company has a current ratio of 1.65, a quick ratio of 0.59 and a debt-to-equity ratio of 98.14. The company has a 50 day simple moving average of C$82.07 and a two-hundred day simple moving average of C$71.88.

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.