NFI Group (TSE:NFI) Director John Christopher Sapp Acquires 1,900 Shares

NFI Group Inc. (TSE:NFIGet Free Report) Director John Christopher Sapp acquired 1,900 shares of the business’s stock in a transaction on Thursday, August 13th. The shares were purchased at an average cost of C$24.88 per share, for a total transaction of C$47,272.00. Following the completion of the acquisition, the director directly owned 27,243 shares in the company, valued at approximately C$677,805.84. The trade was a 7.50% increase in their ownership of the stock.

John Christopher Sapp also recently made the following trade(s):

  • On Wednesday, August 12th, John Christopher Sapp bought 1,845 shares of NFI Group stock. The stock was purchased at an average price of C$25.74 per share, with a total value of C$47,490.30.

NFI Group Stock Performance

Shares of NFI stock opened at C$24.09 on Tuesday. The firm has a 50-day moving average of C$24.28 and a 200-day moving average of C$21.11. The company has a market cap of C$2.87 billion, a P/E ratio of 53.16, a P/E/G ratio of -0.07 and a beta of 0.16. The company has a debt-to-equity ratio of 196.71, a current ratio of 1.18 and a quick ratio of 0.55. NFI Group Inc. has a one year low of C$12.50 and a one year high of C$26.40.

NFI Group (TSE:NFIGet Free Report) last released its quarterly earnings results on Thursday, August 6th. The company reported C$0.33 earnings per share for the quarter. NFI Group had a net margin of 1.55% and a return on equity of 10.42%. The company had revenue of C$1.46 billion for the quarter. Equities research analysts forecast that NFI Group Inc. will post 1.2814107 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. Stifel Nicolaus boosted their price objective on NFI Group from C$26.00 to C$31.00 and gave the stock a “buy” rating in a research report on Monday, August 10th. ATB Cormark Capital Markets lifted their target price 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. TD boosted their price target on shares of NFI Group from C$26.00 to C$33.00 and gave the stock a “buy” rating in a report on Monday, August 10th. Scotiabank increased their price target on shares of NFI Group from C$27.00 to C$28.50 and gave the company a “sector outperform” rating in a research report on Wednesday, August 12th. Finally, Canaccord Genuity Group increased their price target on shares of NFI Group from C$35.00 to C$36.00 and gave the company a “buy” rating in a research report 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. According to MarketBeat, the company has an average rating of “Buy” and an average price target 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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