Finning International Inc. (TSE:FTT - Get Free Report) Director Harold N. Kvisle purchased 10,000 shares of the company's stock in a transaction that occurred on Thursday, May 23rd. The shares were bought at an average cost of C$42.55 per share, with a total value of C$425,500.00.
Harold N. Kvisle also recently made the following trade(s):
- On Tuesday, May 21st, Harold N. Kvisle acquired 5,000 shares of Finning International stock. The shares were bought at an average cost of C$43.60 per share, with a total value of C$218,000.00.
- On Wednesday, May 15th, Harold N. Kvisle sold 600 shares of Finning International stock. The stock was sold at an average price of C$43.14, for a total value of C$25,884.00.
- On Monday, May 13th, Harold N. Kvisle sold 3,100 shares of Finning International stock. The shares were sold at an average price of C$43.36, for a total value of C$134,416.00.
Finning International Trading Down 1.3 %
FTT opened at C$42.58 on Friday. The firm's 50 day moving average is C$41.49 and its 200-day moving average is C$38.48. Finning International Inc. has a 52-week low of C$33.77 and a 52-week high of C$46.30. The company has a quick ratio of 0.59, a current ratio of 1.52 and a debt-to-equity ratio of 120.20. The firm has a market capitalization of C$6.05 billion, a P/E ratio of 12.20, a P/E/G ratio of 0.56 and a beta of 1.62.
Finning International Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, June 6th. Investors of record on Wednesday, May 22nd will be paid a dividend of $0.275 per share. This is an increase from Finning International's previous quarterly dividend of $0.25. The ex-dividend date is Tuesday, May 21st. This represents a $1.10 annualized dividend and a yield of 2.58%. Finning International's payout ratio is 31.52%.
Analyst Ratings Changes
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A number of equities analysts have recently commented on the company. Scotiabank raised their price objective on Finning International from C$53.00 to C$54.00 and gave the stock an "outperform" rating in a report on Wednesday, May 8th. TD Securities raised their price target on shares of Finning International from C$41.00 to C$43.00 and gave the company a "hold" rating in a report on Wednesday, May 8th. National Bankshares boosted their price objective on shares of Finning International from C$46.00 to C$47.00 and gave the stock an "outperform" rating in a research note on Wednesday, May 8th. Royal Bank of Canada raised their target price on shares of Finning International from C$45.00 to C$49.00 and gave the company an "outperform" rating in a research note on Wednesday, May 8th. Finally, BMO Capital Markets lifted their target price on shares of Finning International from C$47.00 to C$48.00 in a report on Wednesday, May 8th. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of C$49.13.
Read Our Latest Stock Analysis on FTT
Finning International Company Profile
(
Get Free Report)
Finning International Inc sells, services, and rents heavy equipment, engines, and related products in Canada, Chile, Bolivia, the United Kingdom, Argentina, Ireland, and internationally. The company offers articulated trucks, asphalt pavers, backhoe loaders, cold planers, compactors, dozers, drills, electric rope shovels, excavators, hydraulic mining shovels, material handlers, motor graders, off-highway trucks, pipelayers, road reclaimers, skid steer and compact track loaders, track loaders, underground-hard rock, wheel loaders, and wheel tractor-scrapers, as well as mobile and stationary generator sets.
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