Key Points
- Director Daniel Barclay bought 25,000 shares of NFI Group on May 13 at an average price of C$20.76, lifting his holding to 50,000 shares and doubling his position.
- NFI Group recently reported quarterly earnings of C$0.25 per share on revenue of C$1.17 billion, while analysts still expect full-year EPS of about 1.28.
- Several analysts have raised their price targets on NFI, with the stock now carrying an average Buy rating and a consensus target price of C$25.00.
NFI Group Inc. (TSE:NFI - Get Free Report) Director Daniel Barclay purchased 25,000 shares of the business's stock in a transaction that occurred on Wednesday, May 13th. The stock was acquired at an average price of C$20.76 per share, for a total transaction of C$519,000.00. Following the purchase, the director owned 50,000 shares of the company's stock, valued at approximately C$1,038,000. This represents a 100.00% increase in their position.
NFI Group Price Performance
Shares of TSE NFI opened at C$21.06 on Friday. NFI Group Inc. has a fifty-two week low of C$12.50 and a fifty-two week high of C$21.98. The business has a 50 day moving average price of C$19.39 and a two-hundred day moving average price of C$16.85. The company has a quick ratio of 0.55, a current ratio of 1.25 and a debt-to-equity ratio of 221.05. The firm has a market cap of C$2.51 billion, a PE ratio of -20.20, a price-to-earnings-growth ratio of -0.07 and a beta of 0.01.
NFI Group (TSE:NFI - Get Free Report) last announced its earnings results on Thursday, May 7th. The company reported C$0.25 earnings per share (EPS) for the quarter. The company had revenue of C$1.17 billion for the quarter. NFI Group had a negative return on equity of 22.22% and a negative net margin of 3.32%. Sell-side analysts expect that NFI Group Inc. will post 1.2814107 earnings per share for the current fiscal year.
Analysts Set New Price Targets
NFI has been the topic of several recent analyst reports. National Bank Financial upped their price target 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. TD Securities raised shares of NFI Group to a "strong-buy" rating in a report on Friday, January 30th. TD boosted their target price on shares of NFI Group from C$25.00 to C$26.00 and gave the stock a "buy" rating in a research report on Monday. Scotiabank increased their price target on shares of NFI Group from C$24.50 to C$25.00 and gave the stock a "sector outperform" rating in a research report on Monday. Finally, Canadian Imperial Bank of Commerce lifted their price target on NFI Group from C$22.00 to C$27.00 in a research note on Tuesday. Two analysts have rated the stock with a Strong Buy rating and six have assigned a Buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Buy" and an average target price of C$25.00.
View Our Latest 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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