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TSE:FTT
Finning Int (FTT.TO)
Financials 
Technical Analysis 
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Premium contentWe 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)
Premium contentFTT is the world's largest Caterpillar heavy equipment distributor. Recently reported earnings showed new equipment sales were up over 50%, with increases in all global regions. It has a $2.3 billion order backlog, trades at 9x earnings, 2x book and supports a 22% ROE. We like that cash reserves are growing, while debt is retired and shares bought back. We recommend placing a stop-loss at $29, looking to achieve $48 -- 37% potential upside. Yield 2.6%
(Analysts’ price target is $48.56)50% of revenues are in western Canada, plus Chile and the UK. Higher commodity prices offer this some momentum and pushed FTT to new highs this year. But this is a cyclical name, so careful. Yesterday, CAT shares fell on shrinking demand, so that's a canary in the coalmine for FTT. Profits are decent and so is the PE. Take profits,
Still likes it. They executed very well. Still cheap and have pricing power. Trades at 11x vs. Caterpillar's 14%. Problem is growth is limited. Buy around $36.
Greg Newman
Beat last quarter guidance.
Great backlog of projects.
Current share price cheap.
Does not think industrial activity will slow too much.
Great name to get exposure to large section of the economy.
China re-opening a tailwind.
Greg Newman
Jamie Murray Greg NewmanGreg NewmanGreg NewmanGreg NewmanBilly Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Gives good exposure to the industrial sector. The assumption would be based on higher inflation and higher commodity prices driving up the company’s sales. They have also managed past cycles well. Unlock Premium - Try 5i Free
Stockchase Insights
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Finning Int (FTT.TO) Frequently Asked Questions
What is Finning Int stock symbol?
Finning Int is a Canadian stock, trading under the symbol FTT.TO (previously FTT-T on Stockchase) on the Toronto Stock Exchange (FTT-CT). It is usually referred to as TSX:FTT or FTT.TO
Is Finning Int a buy or a sell?
In the last year, no analyst issued a Buy, Sell, or Hold rating on FTT.TO (previously FTT-T on Stockchase) on Stockchase. Read the latest expert commentary for Finning Int.
Is Finning Int a good investment or a top pick?
Finning Int was recommended as a Top Pick by David Burrows on 2021-11-04. 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 Finning Int.
Is Finning Int worth watching?
Finning Int is followed by 144 investors on Stockchase and is a trending stock that is worth watching.
What is Finning Int stock price?
On 2026-06-19, Finning Int (FTT.TO) stock closed at a price of $100.97.
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.