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Finning Int (FTT-T)
TSE:FTT
37.16
0.06
(0.16%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
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TSX hits high, Wall Street flatMost Anticipated Earnings: MRE-T, PSI-T and more Canadian Companies Reporting Earnings this Week (Aug 05-09).Most Anticipated Earnings: BLDP-T, BOS-T and more Canadian Companies Reporting Earnings this Week (May 06-10)This summary was created by AI, based on 15 opinions in the last 12 months.
Experts are generally positive about Finning Int, citing its strong management team, record high cash flow, growing order backlogs, and positive financials. The company is the largest dealer of Caterpillar heavy equipment in the world, with operations in multiple countries. The stock is recommended as a top pick, with potential upside ranging from 19% to 37%. However, some experts caution that the stock may be influenced by cyclical business trends and commodity prices.
$37.230
Unknown
Excellent business that deals with Catipillar equipment. Very strong management team. Would recommend holding shares. Cyclical business that is a proxy to economy. Would recommend buying below $30/share/
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)Phase three of market cycle is good for this business. Staple of economy. Expecting more lift in the stock, but trend remains up and to the right. Will continue to own.
She'd rather own CAT, which she's been looking at. Go to the company that makes the machinery, rather than to the distributor.
Well-run with operations in western Canada, Chile and UK. CAT is looking expensive, so you consider this. FTT is safe.
Very good time to buy company. Good exposure to commodity cycle. Stock valuation very cheap. Has been buying shares recently. Strong financials with good balance sheet, and management team.
Fundamental analysis aligned with technical analysis. Very correlated to copper prices. Builds equipment for mining companies - commodity strength good for company. Excellent technical analysis.
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.
A long-term hold. If rate cuts happen, the economy will improve. Capex spending has already improved and that is benefitting FTT.
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)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.
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)
Finning Int(FTT-T) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 8
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 2
Total Signals / Votes : 10
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, 10 stock analysts published opinions about FTT-T. 8 analysts recommended to BUY the stock. 2 analysts 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?
10 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 2024-11-20, Finning Int (FTT-T) stock closed at a price of $37.16.
Our PAST TOP PICK with FTT has triggered its stop at $38. To remain disciplined, we recommend covering the position at this time.