Key Points
- Director John Christopher Sapp bought 1,000 shares of NFI Group at C$20.88 each, bringing his total holdings to 21,653 shares and boosting his ownership by 4.84%.
- Sapp also made a separate purchase of 2,500 shares the day before at C$20.66 per share, signaling continued insider buying.
- NFI Group’s stock was up 0.9% and has recently drawn more favorable analyst sentiment, with several firms raising price targets and the consensus rating sitting at Buy.
NFI Group Inc. (TSE:NFI - Get Free Report) Director John Christopher Sapp purchased 1,000 shares of NFI Group stock in a transaction that occurred on Wednesday, May 13th. The shares were acquired at an average price of C$20.88 per share, for a total transaction of C$20,880.00. Following the acquisition, the director owned 21,653 shares in the company, valued at C$452,114.64. This trade represents a 4.84% increase in their ownership of the stock.
John Christopher Sapp also recently made the following trade(s):
- On Tuesday, May 12th, John Christopher Sapp purchased 2,500 shares of NFI Group stock. The shares were acquired at an average price of C$20.66 per share, for a total transaction of C$51,650.00.
NFI Group Stock Up 0.9%
Shares of TSE NFI opened at C$21.00 on Thursday. The company has a current ratio of 1.25, a quick ratio of 0.55 and a debt-to-equity ratio of 221.05. NFI Group Inc. has a 12 month low of C$12.50 and a 12 month high of C$21.98. The firm has a market capitalization of C$2.50 billion, a PE ratio of -20.14, a price-to-earnings-growth ratio of -0.07 and a beta of 0.01. The firm has a fifty day simple moving average of C$19.31 and a two-hundred day simple moving average of C$16.79.
NFI Group (TSE:NFI - Get Free Report) last issued its quarterly earnings data 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. Equities analysts expect that NFI Group Inc. will post 1.2814107 earnings per share for the current year.
Analyst Ratings Changes
Several brokerages have commented on NFI. Canadian Imperial Bank of Commerce upped their price objective on shares of NFI Group from C$22.00 to C$27.00 in a report on Tuesday. National Bank Financial upped their price objective on shares of NFI Group from C$22.00 to C$26.00 and gave the stock an "outperform" rating in a report on Monday. TD upped their price objective on shares of NFI Group from C$25.00 to C$26.00 and gave the stock a "buy" rating in a report on Monday. ATB Cormark Capital Markets upped their price objective on shares of 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, TD Securities upgraded shares of NFI Group to a "strong-buy" rating in a report on Friday, January 30th. Two analysts have rated the stock with a Strong Buy rating and six have issued a Buy rating to the stock. According to MarketBeat, the company has an average rating of "Buy" and a consensus target price of C$25.00.
Read Our Latest Research Report on NFI
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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