Finning International Inc. (FTT) Director Harold N. Kvisle Acquires 5,000 Shares

Finning International Inc. (TSE:FTT) Director Harold N. Kvisle purchased 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 13th. The stock was acquired at an average price of C$24.05 per share, for a total transaction of C$120,250.00.

Shares of FTT stock opened at C$23.97 on Friday. Finning International Inc. has a 1 year low of C$23.64 and a 1 year high of C$36.48. The company has a debt-to-equity ratio of 72.75, a quick ratio of 0.80 and a current ratio of 2.13.

Finning International (TSE:FTT) last issued its quarterly earnings data on Monday, November 5th. The company reported C$0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.40 by C$0.05. The firm had revenue of C$1.76 billion for the quarter. On average, equities analysts expect that Finning International Inc. will post 2.11000010651231 EPS for the current fiscal year.

A number of analysts recently weighed in on the company. CIBC decreased their price target on Finning International from C$41.00 to C$38.00 in a research note on Wednesday, November 7th. BMO Capital Markets decreased their price target on Finning International from C$40.00 to C$39.00 in a research note on Wednesday, November 7th. Raymond James decreased their price target on Finning International from C$38.50 to C$35.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 7th. Finally, Canaccord Genuity decreased their price target on Finning International from C$38.00 to C$33.00 in a research note on Wednesday. Seven investment analysts have rated the stock with a buy rating, The stock has a consensus rating of “Buy” and a consensus target price of C$38.63.

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About Finning International

Finning International Inc engages in selling, servicing, and renting heavy equipment, engines, and related products in Canada, South America, the United Kingdom, and Ireland. It serves various industries, including mining, construction, petroleum, and forestry, as well as various power system applications.

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Insider Buying and Selling by Quarter for Finning International (TSE:FTT)

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