What is Scotiabank’s Estimate for TSE:FTT FY2026 Earnings?

Finning International Inc. (TSE:FTT) – Equities research analysts at Scotiabank dropped their FY2026 earnings per share estimates for Finning International in a research report issued on Thursday, February 19th. Scotiabank analyst J. Goldman now anticipates that the company will earn $4.55 per share for the year, down from their prior forecast of $4.57. Scotiabank currently has a “Outperform” rating and a $105.00 target price on the stock. The consensus estimate for Finning International’s current full-year earnings is $4.24 per share.

Several other brokerages have also recently issued reports on FTT. BMO Capital Markets raised their target price on shares of Finning International from C$76.00 to C$85.00 in a report on Thursday, November 13th. TD Securities increased their price target on Finning International from C$100.00 to C$104.00 and gave the company a “buy” rating in a report on Tuesday, February 17th. Royal Bank Of Canada lifted their price objective on Finning International from C$89.00 to C$104.00 in a report on Thursday, February 12th. National Bank Financial upped their price objective on Finning International from C$66.00 to C$72.00 and gave the company a “sector perform” rating in a research report on Monday, December 15th. Finally, Raymond James Financial increased their target price on Finning International from C$68.00 to C$85.00 in a report on Thursday, November 13th. Six investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, Finning International presently has a consensus rating of “Moderate Buy” and a consensus price target of C$94.63.

Finning International Stock Performance

Shares of FTT stock opened at C$91.75 on Monday. The company has a quick ratio of 0.59, a current ratio of 1.65 and a debt-to-equity ratio of 98.14. The company has a 50 day moving average price of C$82.68 and a 200-day moving average price of C$72.43. Finning International has a 52 week low of C$34.59 and a 52 week high of C$91.95. The firm has a market capitalization of C$12.00 billion, a PE ratio of 18.57, a P/E/G ratio of 0.56 and a beta of 0.80.

Finning International (TSE:FTT) last issued its earnings results on Tuesday, February 10th. The company reported C$1.02 earnings per share for the quarter. The business had revenue of C$2.77 billion during the quarter. Finning International had a return on equity of 19.69% and a net margin of 4.54%.

Finning International Company Profile

Finning International Inc is a dealer and distributor of heavy-duty machinery and parts of the Caterpillar brand. The company sells and rents Caterpillar machinery to the mining, construction, petroleum, forestry, and power system application industries. Finning International further provides parts and services for equipment and engines to its customers via its owned distribution network and buys and sells used equipment domestically and internationally after reconditioning or rebuilding the machinery.