Finning International (TSE:FTT) Stock Rating Upgraded by National Bank Financial

Finning International (TSE:FTT) was upgraded by analysts at National Bank Financial from a “sector perform” rating to an “outperform” rating in a report released on Thursday, MarketBeat reports. The firm presently has a C$115.00 price objective on the stock, up from their prior price objective of C$89.00. National Bank Financial’s target price would suggest a potential upside of 12.48% from the stock’s previous close.

Other research analysts have also issued reports about the company. BMO Capital Markets lifted their price objective on Finning International from C$96.00 to C$115.00 in a research report on Thursday. Scotiabank lifted their price objective on Finning International from C$105.00 to C$109.00 and gave the stock a “sector outperform” rating in a research report on Tuesday, April 28th. Canadian Imperial Bank of Commerce lifted their price objective on Finning International from C$100.00 to C$120.00 in a research report on Thursday. Royal Bank Of Canada lifted their price objective on Finning International from C$89.00 to C$104.00 in a research report on Thursday, February 12th. Finally, TD Securities lifted their price objective on Finning International from C$100.00 to C$104.00 and gave the stock a “buy” rating in a research report on Tuesday, February 17th. Eight analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of C$113.22.

Finning International Stock Performance

FTT stock opened at C$102.24 on Thursday. The stock has a 50-day moving average price of C$92.06 and a 200-day moving average price of C$84.21. Finning International has a 1-year low of C$47.38 and a 1-year high of C$106.15. The company has a current ratio of 1.61, a quick ratio of 0.59 and a debt-to-equity ratio of 88.08. The firm has a market cap of C$13.35 billion, a PE ratio of 20.09, a price-to-earnings-growth ratio of 0.56 and a beta of 0.70.

Finning International (TSE:FTT) last posted its quarterly earnings data on Tuesday, May 12th. The company reported C$1.02 earnings per share for the quarter. Finning International had a return on equity of 24.23% and a net margin of 6.34%.The firm had revenue of C$2.50 billion during the quarter. As a group, equities research analysts expect that Finning International will post 4.244898 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Gary Samuel Megarrell sold 300 shares of the business’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of C$103.00, for a total value of C$30,900.00. Following the completion of the sale, the insider directly owned 2,511 shares of the company’s stock, valued at C$258,633. The trade was a 10.67% decrease in their position. Over the last three months, insiders sold 694 shares of company stock valued at $71,496. Insiders own 0.10% of the company’s stock.

Finning International News Summary

Here are the key news stories impacting Finning International this week:

• Positive Sentiment: Royal Bank of Canada raised its price target on Finning International to C$130, suggesting meaningful upside from current levels.
• Positive Sentiment: Canadian Imperial Bank of Commerce, BMO Capital Markets, and Raymond James all increased their targets to C$120-C$120, reinforcing a broadly bullish analyst consensus.
• Positive Sentiment: National Bank Financial upgraded Finning International to outperform and lifted its target to C$115 from C$89, indicating stronger expectations for the stock.
• Neutral Sentiment: Finning released its Q1 2026 earnings call transcript, which may provide additional color on operating trends but did not include a new financial result in the provided items. Full Transcript: Finning International Q1 2026 Earnings Call
• Negative Sentiment: Insider Gary Samuel Megarrell sold a small number of Finning shares in several transactions, which can slightly dampen sentiment even though the sales were modest relative to his remaining holdings.

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.