Finning International
Toronto symbol FTT, is one of the world's largest dealers of heavy equipment made by Caterpillar Inc. Products include tractors, bulldozers, pavers and trucks.
FINNING INTERNATIONAL INC. $23 (Toronto symbol FTT; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 171.6 million; Market cap: $3.9 billion; Price-to-sales ratio: 0.7; Dividend yield: 2.3%; TSINetwork Rating: Above Average; www.finning.com) saw its sales jump 26% in the first nine months of 2011. That’s because higher commodity prices spurred demand for heavy equipment, such as bulldozers and trucks, …read more »
sensitive to swings in the economy than, say, utilities. The best manufacturing stocks (including the four we analyze below) are well-established market leaders that can take advantage of downturns to expand. Their unique products and services are also helping them hang on to customers.
SNC-LAVALIN GROUP INC. $50 (Toronto symbol SNC; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: …read more »
FINNING INTERNATIONAL INC. $25 (Toronto symbol FTT; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 171.6 million; Market cap: $4.3 billion; Price-to-sales ratio: 0.9; Dividend yield: 2.1%; TSINetwork Rating: Above Average; www.finning.com) sells, rents and repairs heavy equipment, such as tractors, bulldozers and trucks, made by Caterpillar Inc. Finning’s major customers are in the mining, forest-products and construction industries …read more »
These three leading industrial companies all face rising costs for labour and raw materials. However, all three continue to win new contracts that will help them offset these expenses. Moreover, all three continue to trade at attractive multiples to earnings.
SNC-LAVALIN GROUP INC. $55 (Toronto symbol SNC; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 150.8 million; Market cap: $8.3 …read more »
FINNING INTERNATIONAL INC. $14 (Toronto symbol FTT; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 171.4 million; Market cap: $2.4 billion; Price-to-sales ratio: 0.4; SI Rating: Above average) plans to cut about 5% of its workforce, as falling prices for oil and other commodities have hurt demand for its heavy construction vehicles and equipment. However, slowing sales of new …read more »
FINNING INTERNATIONAL INC. $14 (Toronto symbol FTT; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 171.4 million; Market cap: $2.4 billion; SI Rating: Above average) sells and rents heavy equipment made by Caterpillar Inc. Products include tractors, bulldozers, pavers and trucks.
Finning’s shares have moved down from their peak of $31 in April, 2008. That’s mainly because falling commodity prices …read more »
Oil prices have dropped from $148 U.S. a barrel in July, 2008 to its current price of around $44 U.S. That has prompted oil companies to delay big investments in Alberta’s oil sands until conditions improve.
Still, oil sands projects have huge long-term potential, and will provide decades of growth for Imperial Oil, EnCana and Petro-Canada. Companies such as Finning International …read more »
FINNING INTERNATIONAL INC. $24 (Toronto symbol FTT; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 172.7 million; Market cap: $4.1 billion; SI Rating: Above average) is one of the world’s largest dealers of heavy equipment made by Caterpillar Inc. Products include tractors, bulldozers, pavers and trucks. Major customers include the mining, forest products and construction industries.
In the three months …read more »
FINNING INTERNATIONAL INC. $27 (Toronto symbol FTT; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 172.6 million; Market cap: $4.7 billion; SI Rating: Above average) is one of the world’s largest dealers of heavy equipment made by Caterpillar Inc. Products include tractors, bulldozers, pavers and trucks. Major customers include the mining, forest products and construction industries.
Thanks to rising prices …read more »
FINNING INTERNATIONAL INC. $27 (Toronto symbol FTT; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 178.5 million; Market cap: $4.8 billion; SI Rating: Above average) has agreed to acquire Collicutt Energy Services Ltd., which makes and services gas compression equipment and power generators for oil and gas well operators in Western Canada. The $145 million price, payable in cash …read more »
