NFI Group (TSE:NFI) Director Acquires C$51,650.00 in Stock

NFI Group Inc. (TSE:NFIGet Free Report) Director John Christopher Sapp acquired 2,500 shares of the stock in a transaction on Tuesday, May 12th. The stock was acquired at an average cost of C$20.66 per share, for a total transaction of C$51,650.00. Following the acquisition, the director directly owned 20,653 shares in the company, valued at C$426,690.98. This represents a 13.77% increase in their position.

NFI Group Price Performance

Shares of TSE:NFI traded up C$0.29 during trading on Tuesday, hitting C$20.81. 271,226 shares of the stock were exchanged, compared to its average volume of 358,582. The company has a fifty day moving average price of C$19.23 and a two-hundred day moving average price of C$16.74. The company has a market cap of C$2.48 billion, a PE ratio of -19.96, a P/E/G ratio of -0.07 and a beta of 0.01. 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.

NFI Group (TSE:NFIGet Free Report) last issued its quarterly earnings data on Thursday, May 7th. The company reported C$0.25 earnings per share (EPS) for the quarter. The firm had revenue of C$1.17 billion during the quarter. NFI Group had a negative return on equity of 22.22% and a negative net margin of 3.32%. On average, analysts forecast that NFI Group Inc. will post 1.2814107 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on NFI shares. Scotiabank upped their price objective on shares of NFI Group from C$24.50 to C$25.00 and gave the company a “sector outperform” rating in a research report on Monday. ATB Cormark Capital Markets increased 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 research note on Friday, March 13th. TD Securities upgraded shares of NFI Group to a “strong-buy” rating in a research note on Friday, January 30th. Canadian Imperial Bank of Commerce raised their price target on shares of NFI Group from C$22.00 to C$27.00 in a research note on Tuesday. Finally, Stifel Nicolaus increased their price objective on shares of NFI Group from C$25.50 to C$26.00 and gave the company a “buy” rating in a report on Tuesday. Two investment analysts have rated the stock with a Strong Buy rating and six have issued a Buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of C$25.00.

View Our Latest Research Report on NFI

NFI Group News Roundup

Here are the key news stories impacting NFI Group this week:

  • Positive Sentiment: Stifel Nicolaus raised its price target on NFI Group to C$26.00 from C$25.50 and reiterated a buy rating, signaling confidence in further share-price gains. BayStreet.CA
  • Positive Sentiment: CIBC lifted its price target on NFI Group to C$27.00 from C$22.00, while TD, Scotiabank, and National Bank Financial also raised targets and maintained positive ratings, reinforcing a constructive outlook for the stock. BayStreet.CA
  • Positive Sentiment: BC Transit awarded Alexander Dennis, NFI’s bus brand, a contract for 41 Enviro500 double-decker buses, adding to the company’s backlog and supporting revenue visibility. Article
  • Neutral Sentiment: Recent additional analyst notes from TD, Scotiabank, and National Bank Financial all pointed to upside potential, but they mainly reinforce the same optimistic theme already driving sentiment rather than adding a new catalyst. Article

About NFI Group

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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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