Key Points
- Director Adam Gray bought 5,200 NFI Group shares at C$22.55 each, spending a total of C$117,260. After the purchase, he held 25,556,415 shares directly.
- NFI Group’s stock was trading around C$22.96, near its 12-month high of C$23.00 and above both its 50-day and 200-day moving averages.
- Analysts remain broadly positive on the company, with an average rating of “Buy” and a consensus price target of C$25.00.
NFI Group Inc. (TSE:NFI - Get Free Report) Director Adam Gray bought 5,200 shares of the firm's stock in a transaction on Tuesday, May 26th. The stock was bought at an average cost of C$22.55 per share, for a total transaction of C$117,260.00. Following the transaction, the director directly owned 25,556,415 shares of the company's stock, valued at C$576,297,158.25. The trade was a 0.02% increase in their ownership of the stock.
NFI Group Trading Up 0.5%
TSE NFI opened at C$22.96 on Wednesday. The firm's 50-day moving average is C$20.16 and its two-hundred day moving average is C$17.25. NFI Group Inc. has a 12 month low of C$12.50 and a 12 month high of C$23.00. The company has a debt-to-equity ratio of 221.05, a current ratio of 1.25 and a quick ratio of 0.55. The stock has a market capitalization of C$2.73 billion, a P/E ratio of -22.02, a PEG ratio of -0.07 and a beta of 0.01.
NFI Group (TSE:NFI - Get Free Report) last posted its earnings results on Thursday, May 7th. The company reported C$0.25 EPS for the quarter. The company had revenue of C$1.17 billion for the quarter. NFI Group had a negative net margin of 3.32% and a negative return on equity of 22.22%. On average, sell-side analysts anticipate that NFI Group Inc. will post 1.2814107 earnings per share for the current year.
Analyst Upgrades and Downgrades
Several analysts have recently issued reports on NFI shares. Stifel Nicolaus increased their price target on shares of NFI Group from C$25.50 to C$26.00 and gave the stock a "buy" rating in a research report on Tuesday, May 12th. TD Securities raised shares of NFI Group to a "strong-buy" rating in a research report on Friday, January 30th. National Bank Financial increased their price target on shares of NFI Group from C$22.00 to C$26.00 and gave the stock an "outperform" rating in a research report on Monday, May 11th. 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, May 11th. Finally, TD increased their price target 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, May 11th. Two research analysts have rated the stock with a Strong Buy rating and six have assigned a Buy rating to the company's stock. Based on data from MarketBeat, NFI Group currently has an average rating of "Buy" and an average price target of C$25.00.
Read Our Latest Stock Analysis 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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