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Investor Insights

This summary was created by AI, based on 10 opinions in the last 12 months.

Experts are generally positive about the company, highlighting its strong financials, potential for growth, and the positive impact of increased infrastructure spending. The stock is considered undervalued and a long-term hold, with potential for upside, although there is caution due to the cyclical nature of the industry.

Consensus
Positive
Valuation
Undervalued
TOP PICK
Finning Int

Fundamental analysis aligned with technical analysis. Very correlated to copper prices. Builds equipment for mining companies - commodity strength good for company. Excellent technical analysis. 

wholesale distributors
BUY
Finning Int

The structural backdrop includes a lot of spending on construction and on US manufacturing facilities. Much better supply/demand for energy and materials than we've had in a decade. These are all customers of FTT.

If you look at the performance of CAT, FTT and TIH over the last year, all look very attractive. TIH does more construction, whereas FTT does more materials and so he'd lean more toward that one.

wholesale distributors
BUY
Finning Int

A long-term hold. If rate cuts happen, the economy will improve. Capex spending has already improved and that is benefitting FTT. 

wholesale distributors
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Finning Int
Stockchase Research Editor: Michael O'Reilly

With a five year average annual earnings growth of 23%, we reiterate FTT as a TOP PICK.  Upcoming earnings will likely confirm continuation of this trend.  It trades at 10x earnings, 2.3x book and supports a 22% ROE.  We like that cash reserves are growing while debt and shares are bought back.  The dividend is backed by a payout ratio under 30% of cash flow.  We continue to recommend a stop at $34, looking to achieve $48 -- upside potential of 20%.  Yield 2.4%

(Analysts’ price target is $48.22)
wholesale distributors
WAIT
Finning Int

Industrials aren't too topical right now. Stock's been in a range for a couple of years, which is usually a positive sign. He'd be comfortable buying in the range, or if it spent more time above $36. Like tipping a Coke machine, sometimes it needs a couple of heaves to get it up through the price level.

wholesale distributors
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Finning Int
Stockchase Research Editor: Michael O'Reilly

We reiterate FTT, the world's largest Caterpillar heavy equipment distributor, as a TOP PICK.  International infrastructure development is required and the company supplies the big toys to get it done.  It trades at 10x earnings, 2.2x book and supports a 22% ROE.  We like that cash reserves are growing, while debt is retired and shares bought back.  We recommend trailing up the stop (from $29) to $34, looking to achieve $48 -- 25% potential upside.  Yield 2.4%

(Analysts’ price target is $48.11)
wholesale distributors
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Finning Int
Stockchase Research Editor: Michael O'Reilly

FTT is the world's largest Caterpillar heavy equipment distributor.  Recently reported earnings showed new equipment sales were up over 50%, with increases in all global regions.  It has a $2.3 billion order backlog, trades at 9x earnings, 2x book and supports a 22% ROE.  We like that cash reserves are growing, while debt is retired and shares bought back.  We recommend placing a stop-loss at $29, looking to achieve $48 -- 37% potential upside.  Yield 2.6%

(Analysts’ price target is $48.56)
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PARTIAL SELL
Finning Int

50% of revenues are in western Canada, plus Chile and the UK. Higher commodity prices offer this some momentum and pushed FTT to new highs this year. But this is a cyclical name, so careful. Yesterday, CAT shares fell on shrinking demand, so that's a canary in the coalmine for FTT. Profits are decent and so is the PE. Take profits,

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PAST TOP PICK
Finning Int
(A Top Pick May 27/22, Up 21%)

Still likes it. They executed very well. Still cheap and have pricing power. Trades at 11x vs. Caterpillar's 14%. Problem is growth is limited. Buy around $36.

wholesale distributors
BUY
Finning Int

Very strong business.
Recipient of high spending of Federal governments on infrastructure.
Raw material mining for EV transition will support business.
Excellent share price for long term investor.

wholesale distributors
BUY
Finning Int

A play on where the next bull market's going to be, and that's going to be cyclicals. A cheaper valuation amongst the group.

wholesale distributors
PAST TOP PICK
Finning Int
(A Top Pick Jan 13/22, Up 5%)

Beat last quarter guidance.
Great backlog of projects.
Current share price cheap.
Does not think industrial activity will slow too much.
Great name to get exposure to large section of the economy.
China re-opening a tailwind. 

wholesale distributors
HOLD
Finning Int
Mining sector should have a better decade in the 2020s than the 2010s. A great Canadian company, again with benefit of the dividend tax credit.
wholesale distributors
PAST TOP PICK
Finning Int
(A Top Pick Jan 13/22, Up 0.4%) It's had a string of beats. Still cheap at 11.2x PE. He bought it to play mining. Good growth is doubtful in coming years because of an economic slowdown. A good company. Hold on with you own it. Buy it on weakness or sell calls. You'll be fine for the next 2-3 years.
wholesale distributors
PAST TOP PICK
Finning Int
(A Top Pick Jan 13/22, Down 23%) Macro deteriorated unexpectedly. Still a great play on the copper and green revolutions without being on the production side. Demand will be high once we get through this cycle. Really cheap. Don't buy more today, but hold and add on weakness. Nice dividend.
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Showing 1 to 15 of 254 entries

Finning Int(FTT-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 5

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 6

Stockchase rating for Finning Int is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Finning Int(FTT-T) Frequently Asked Questions

What is Finning Int stock symbol?

Finning Int is a Canadian stock, trading under the symbol FTT-T on the Toronto Stock Exchange (FTT-CT). It is usually referred to as TSX:FTT or FTT-T

Is Finning Int a buy or a sell?

In the last year, 6 stock analysts published opinions about FTT-T. 5 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Finning Int.

Is Finning Int a good investment or a top pick?

Finning Int was recommended as a Top Pick by on . Read the latest stock experts ratings for Finning Int.

Why is Finning Int stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Finning Int worth watching?

6 stock analysts on Stockchase covered Finning Int In the last year. It is a trending stock that is worth watching.

What is Finning Int stock price?

On 2024-04-12, Finning Int (FTT-T) stock closed at a price of $42.69.