Finning International Inc. (FTT.TO) has seen a notable decline this week following its recent acquisition news.
Finning International Inc. stock closed at C$104.69, remaining unchanged on the day but down 6.60% over the week. This follows the company's announcement regarding its expansion into power rental capabilities through the acquisition of John F Hunt Power Group Ltd. in the UK.
Investor takeaway: Investors may want to consider the implications of Finning's strategic acquisition amid its recent stock performance, particularly as it relates to its growth potential in the power rental market.
Advertisement
Finning International Inc.
FTT.TO
FTT.TO
Finning International Inc.
WealthAwesomeMarket cap
$13.85B
P/E
25.4x
Div. yield
1.17%
Div. / share
$1.23
52W high
$115.60
52W low
$66.74
1W change
-6.60%
Beta
1.21
Analyst Price Targets
Based on analyst covering FTT · as of Sep 30, 2026
Wall Street analysts forecast FTT stock price to rise 15.2% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$122.20
+15.2% Upside
Previously C$121.67 on Sep 17, 2026
Current Price
C$106.07
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on FTT's historical volatility
30-Day Vol
39.7%
Annualized
90-Day Vol
44.2%
Annualized
Trend (90d)
-2.2%
Annualized drift
90d Mean
C$105.25
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$105.80 | C$92.27 – C$121.31 |
| 60 trading days | C$105.53 | C$86.96 – C$128.06 |
| 90 trading days | C$105.25 | C$83.04 – C$133.40 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Advertisement
Finning's stock down 6.60% this week amid acquisition announcement.
Despite the recent downturn, Finning's year-to-date performance remains strong at +42.33%, indicating a resilient growth trajectory.
Bull case
The acquisition of John F Hunt Power Group Ltd. could improve Finning's services and strengthen its market position. This move may lead to increased revenue and profitability in the future.
Bear case
The recent decline in stock price raises concerns about market sentiment and investor confidence, especially given the significant drop over the past week.
Recent Price Action
Advertisement
Finning International Inc. (FTT.TO) closed at C$104.69, marking no change from the previous day. However, the stock has experienced a significant decline of 6.60% over the past week. This drop comes amidst the company's recent announcement of its acquisition of John F Hunt Power Group Ltd., which is expected to expand its power rental capabilities.
Company News
On October 1, 2026, Finning announced its acquisition of John F Hunt Power Group Ltd., a specialist in power rental services in the UK. This strategic move aims to bolster Finning's offerings in the power rental market, aligning with its growth strategy in the industrial sector.
Technical Picture
From a technical perspective, Finning's stock is currently trading above both its 50-day moving average of C$97.34 and its 200-day moving average of C$94.11, indicating a bullish trend over the longer term. The stock's 52-week range sits between C$66.74 and C$115.60, with the current price at approximately 78% of this range. The stock has a beta of 1.21, suggesting it is more volatile than the broader market. Recent trading volume was 297,648 shares, which is 0.61 times the 20-day average volume of 486,950 shares.
Best next step
Keep exploring this topic
If you want to go deeper, these are the most useful follow-up pages and tools for this topic.
Broker comparison
Best trading platforms in Canada
Compare $0-commission brokers before you act on a ticker story.
Safe cash
Best GIC rates in Canada
If the story makes you want to de-risk, compare guaranteed rates next.
HISA roundup
Best high-interest savings accounts
Keep dry powder in a no-fee savings account instead of chequing.
TFSA room
Check TFSA contribution room
Shelter the next contribution before you buy.
Advertisement
Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
View Full Profile →✅ Reviewed by Certified Financial Professionals
This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.
Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.
⚠️ Professional Disclaimer
This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.
