Finning International Stock Today

FTT Stock  CAD 42.92  0.62  1.47%   

Performance

4 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 5

 
High
 
Low
Very Low
Finning International is selling at 42.92 as of the 29th of April 2024; that is 1.47 percent up since the beginning of the trading day. The stock's open price was 42.3. Finning International has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Finning International are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of March 2024 and ending today, the 29th of April 2024. Click here to learn more.
Business Domain
Capital Goods
Category
Industrials
Finning International Inc. engages in selling, servicing, and renting heavy equipment, and power and energy systems in Canada, the United States, South America, the United Kingdom, and Ireland. Finning International Inc. was founded in 1933 and is headquartered in Vancouver, Canada. The company has 142.46 M outstanding shares of which 1.09 M shares are currently shorted by private and institutional investors with about 3.16 days to cover all short positions. More on Finning International

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Finning Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Finning International's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Finning International or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOL Thomson
Business ConcentrationTrading Companies & Distributors, Industrial Distribution, Industrials, Industrials, Trading Companies & Distributors, Industrial Distribution, Industrials (View all Sectors)
Finning International's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Finning International's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Finning International's financial leverage. It provides some insight into what part of Finning International's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Finning International's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Finning International deploys its capital and how much of that capital is borrowed.
Liquidity
Finning International cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has accumulated 1.44 B in total debt with debt to equity ratio (D/E) of 0.85, which is about average as compared to similar companies. Finning International has a current ratio of 1.86, which is within standard range for the sector. Debt can assist Finning International until it has trouble settling it off, either with new capital or with free cash flow. So, Finning International's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Finning International sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Finning to invest in growth at high rates of return. When we think about Finning International's use of debt, we should always consider it together with cash and equity.

Depreciation

278.66 Million
Finning International (FTT) is traded on Toronto Exchange in Canada and employs 43 people. Finning International is listed under Trading Companies & Distributors category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 6.11 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Finning International's market, we take the total number of its shares issued and multiply it by Finning International's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Finning International operates under Trading Companies & Distributors sector and is part of Industrials industry. The entity has 142.46 M outstanding shares of which 1.09 M shares are currently shorted by private and institutional investors with about 3.16 days to cover all short positions. Finning International has accumulated about 0 in cash with 347 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.8.
Check Finning International Probability Of Bankruptcy
Ownership Allocation
Finning International holds a total of 142.46 Million outstanding shares. 30% of Finning International outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Finning Ownership Details

Finning Stock Price Odds Analysis

Contingent on a normal probability distribution, the odds of Finning International jumping above the current price in 90 days from now is about 6.4%. The Finning International probability density function shows the probability of Finning International stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Finning International has a beta of 0.6726. This usually indicates as returns on the market go up, Finning International average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Finning International will be expected to be much smaller as well. Additionally, finning International has an alpha of 0.082, implying that it can generate a 0.082 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 42.92HorizonTargetOdds Above 42.92
93.55%90 days
 42.92 
6.40%
Based on a normal probability distribution, the odds of Finning International to move above the current price in 90 days from now is about 6.4 (This Finning International probability density function shows the probability of Finning Stock to fall within a particular range of prices over 90 days) .

Finning International Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Finning International market risk premium is the additional return an investor will receive from holding Finning International long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Finning International. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Finning International's alpha and beta are two of the key measurements used to evaluate Finning International's performance over the market, the standard measures of volatility play an important role as well.

Finning Stock Against Markets

Picking the right benchmark for Finning International stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Finning International stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Finning International is critical whether you are bullish or bearish towards Finning International at a given time. Please also check how Finning International's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Finning International without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Finning International Corporate Directors

Finning International corporate directors refer to members of a Finning International board of directors. The board of directors generally takes responsibility for the Finning International's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Finning International's board members must vote for the resolution. The Finning International board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Jacynthe CoteIndependent DirectorProfile
Michael WilsonDirectorProfile
Nicholas HarteryIndependent DirectorProfile
Stuart LevenickIndependent DirectorProfile

How to buy Finning Stock?

Before investing in Finning International, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Finning International. To buy Finning International stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Finning International. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Finning International stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Finning International stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Finning International stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Finning International, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Finning International?

The danger of trading Finning International is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Finning International is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Finning International. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Finning International is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Finning International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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When running Finning International's price analysis, check to measure Finning International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Finning International is operating at the current time. Most of Finning International's value examination focuses on studying past and present price action to predict the probability of Finning International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Finning International's price. Additionally, you may evaluate how the addition of Finning International to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Finning International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Finning International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Finning International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.