NFI Group Inc. (TSE:NFI - Get Free Report) Director Colin Robertson purchased 10,000 shares of the stock in a transaction that occurred on Friday, August 28th. The stock was acquired at an average cost of C$22.55 per share, with a total value of C$225,500.00. Following the completion of the acquisition, the director directly owned 343,783 shares of the company's stock, valued at C$7,752,306.65. This represents a 3.00% increase in their ownership of the stock.
NFI Group Stock Up 3.1%
NFI stock opened at C$23.25 on Tuesday. The company has a current ratio of 1.18, a quick ratio of 0.55 and a debt-to-equity ratio of 196.71. NFI Group Inc. has a twelve month low of C$12.50 and a twelve month high of C$26.40. The company's 50 day moving average is C$24.31 and its two-hundred day moving average is C$21.51. The stock has a market cap of C$2.77 billion, a P/E ratio of 51.30, a PEG ratio of -0.07 and a beta of 0.16.
NFI Group (TSE:NFI - Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The company reported C$0.33 earnings per share for the quarter. The business had revenue of C$1.46 billion during the quarter. NFI Group had a net margin of 1.55% and a return on equity of 10.42%. Research analysts expect that NFI Group Inc. will post 1.2814107 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
NFI has been the subject of several research analyst reports. BMO Capital Markets upped their price objective on shares of NFI Group from C$27.00 to C$32.00 in a research note on Friday, August 7th. Canadian Imperial Bank of Commerce lifted their target price on NFI Group from C$22.00 to C$27.00 in a research report on Tuesday, May 12th. Canaccord Genuity Group boosted their target price on NFI Group from C$35.00 to C$36.00 and gave the company a "buy" rating in a report on Monday, August 10th. Stifel Nicolaus upped their target price on NFI Group from C$26.00 to C$31.00 and gave the company a "buy" rating in a research report on Monday, August 10th. Finally, ATB Cormark Capital Markets raised their price target on NFI Group from C$31.00 to C$32.00 and gave the stock an "outperform" rating in a research note on Monday, August 10th. One research analyst has rated the stock with a Strong Buy rating and seven have assigned a Buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus target price of C$30.50.
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NFI Group Company Profile
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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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