Finning Int (FTT-T)
TSE:FTT
40.39
0.10
(0.25%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
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TSX and Wall Street extend recoveryMarkets sink, pre-tariffsTSX hits high, Wall Street flatThis summary was created by AI, based on 14 opinions in the last 12 months.
Finning International (FTT), the largest dealer of Caterpillar heavy equipment, has been receiving mixed reviews from experts. While some analysts highlight its strong management team, solid financials, and cash flow generation, others point to concerns about growth due to cyclical challenges in the mining and oil & gas sectors, particularly in Western Canada. The company's performance has been affected by market conditions, leading to varied growth expectations over the next couple of years. Key metrics like ROE and earnings valuations indicate potential upside, but analysts recommend caution in the short term while maintaining a long-term perspective. In light of fluctuations in commodity prices and investor sentiment towards the stock, some analysts suggest it remains a good hold in a non-registered account, given its fundamental strengths and positioning in the market.
Q3 miss due to softness in Western Canada. Capital discipline. Copper activity has been pretty solid, but Trump means there's not going to be as much thirst to go green. Pricing power, but that's over for now. Doesn't see a lot of growth over next couple of years.
Good over the long term. If it's in your non-registered account, don't sell. Easier ways to make $$ over the next 12 months.
We reiterate FTT as a TOP PICK following recently reported record high free quarterly cash flow of $330 million. Management commented that order backlogs are growing, while velocity of deliveries is growing. It trades at 11x earnings, 2.1x book and supports a ROE of 20%. We like that cash reserves are growing while debt is retired and shares bought back. We continue to recommend a stop at $34, looking to achieve $49 -- upside potential of 19%. Yield 2.6%
(Analysts’ price target is $49.33)We reiterate FTT, the largest dealer of Caterpillar heavy equipment in the world, as a TOP PICK. They announced $700 million of new orders in April, with orders from Chile, Canada, the UK and Ireland. It trades at 12x earnings, under 2.5x book and supports a 20% ROE. We like that cash reserves are growing, while debt is retired and shares 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 $48.38)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.
Finning Int(FTT-T) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 1
Neutral - Hold Signals / Votes : 1
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 3
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, 3 stock analysts published opinions about FTT-T. 1 analyst 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?
3 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 2025-04-01, Finning Int (FTT-T) stock closed at a price of $40.39.
Repeatedly compares this to TIH, and TIH always comes out on top in terms of ROIC and dividend growth.