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

Finning International Inc. (OTCMKTS:FINGF) has been given a consensus rating of “Moderate Buy” by the seven research firms that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company.

Several research firms have weighed in on FINGF. Scotiabank reissued an “outperform” rating on shares of Finning International in a research note on Thursday, January 29th. TD Securities reissued a “buy” rating on shares of Finning International in a research note on Tuesday, February 17th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Finning International in a research note on Thursday, February 12th.

Finning International Stock Performance

Finning International stock opened at $62.75 on Friday. Finning International has a 1 year low of $25.19 and a 1 year high of $71.89. The firm’s 50 day moving average price is $64.30 and its two-hundred day moving average price is $55.61. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.75 and a current ratio of 1.67.

Finning International (OTCMKTS:FINGF) last announced 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). The company had revenue of $1.96 billion for the quarter, compared to analyst estimates of $1.85 billion. Finning International had a return on equity of 18.01% and a net margin of 6.03%.

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.