Key Points
- NFI Group director John Christopher Sapp bought 2,500 shares on May 12 at an average price of C$20.66, totaling C$51,650. The purchase lifted his holdings to 20,653 shares, a 13.77% increase in ownership.
- The stock traded higher and opened at C$20.81, near its 52-week high of C$21.98, after gaining 1.4%. NFI also trades above its 50-day and 200-day moving averages, showing recent momentum.
- Analysts remain bullish on NFI Group, with multiple firms raising price targets to as high as C$28.00 and the consensus rating sitting at “Buy.” The company also recently reported quarterly revenue of C$1.17 billion and EPS of C$0.25.
NFI Group Inc. (TSE:NFI - Get Free Report) Director John Christopher Sapp purchased 2,500 shares of the stock in a transaction dated Tuesday, May 12th. The stock was purchased at an average cost of C$20.66 per share, for a total transaction of C$51,650.00. Following the completion of the purchase, the director directly owned 20,653 shares of the company's stock, valued at approximately C$426,690.98. The trade was a 13.77% increase in their ownership of the stock.
NFI Group Stock Up 1.4%
TSE NFI opened at C$20.81 on Wednesday. The business has a fifty day moving average price of C$19.23 and a 200 day moving average price of C$16.74. The company has a debt-to-equity ratio of 221.05, a quick ratio of 0.55 and a current ratio of 1.25. The company has a market cap of C$2.48 billion, a P/E ratio of -19.96, a P/E/G ratio of -0.07 and a beta of 0.01. NFI Group Inc. has a one year low of C$12.50 and a one year high of C$21.98.
NFI Group (TSE:NFI - Get Free Report) last issued its earnings results on Thursday, May 7th. The company reported C$0.25 EPS for the quarter. NFI Group had a negative net margin of 3.32% and a negative return on equity of 22.22%. The business had revenue of C$1.17 billion during the quarter. Research analysts anticipate that NFI Group Inc. will post 1.2814107 EPS for the current fiscal year.
Analysts Set New Price Targets
NFI has been the subject of several recent analyst reports. Stifel Nicolaus boosted their target price on NFI Group from C$25.50 to C$26.00 and gave the stock a "buy" rating in a research note on Tuesday. Canadian Imperial Bank of Commerce increased their target price on shares of NFI Group from C$22.00 to C$27.00 in a research note on Tuesday. TD Securities raised shares of NFI Group to a "strong-buy" rating in a report on Friday, January 30th. ATB Cormark Capital Markets upped their price target on NFI Group from C$27.00 to C$28.00 and gave the stock an "outperform" rating in a report on Friday, March 13th. Finally, National Bank Financial raised their target price on shares of NFI Group from C$22.00 to C$26.00 and gave the company an "outperform" rating in a report on Monday. Two investment analysts have rated the stock with a Strong Buy rating and six have given a Buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average target price of C$25.00.
Get Our Latest Analysis on NFI Group
Key NFI Group News
Here are the key news stories impacting NFI Group this week:
- Positive Sentiment: Stifel Nicolaus raised its price target on NFI Group to C$26.00 from C$25.50 and reiterated a buy rating, signaling confidence in further share-price gains. BayStreet.CA
- Positive Sentiment: CIBC lifted its price target on NFI Group to C$27.00 from C$22.00, while TD, Scotiabank, and National Bank Financial also raised targets and maintained positive ratings, reinforcing a constructive outlook for the stock. BayStreet.CA
- Positive Sentiment: BC Transit awarded Alexander Dennis, NFI’s bus brand, a contract for 41 Enviro500 double-decker buses, adding to the company’s backlog and supporting revenue visibility. Article
- Neutral Sentiment: Recent additional analyst notes from TD, Scotiabank, and National Bank Financial all pointed to upside potential, but they mainly reinforce the same optimistic theme already driving sentiment rather than adding a new catalyst. Article
About NFI Group
(
Get Free Report)
Leveraging 450 years of combined experience, NFI is leading the electrification of mass mobility around the world. With zero-emission buses and coaches, infrastructure, and technology, NFI meets today's urban demands for scalable smart mobility solutions. Together, NFI is enabling more livable cities through connected, clean, and sustainable transportation. With over 9,000 team members in ten countries, NFI is a leading global bus manufacturer of mass mobility solutions under the brands New Flyer® (heavy-duty transit buses), MCI® (motorcoaches), Alexander Dennis Limited (single- and double-deck buses), ARBOC® (low-floor cutaway and medium-duty buses), and NFI Parts¿.
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