NFI Group Inc. (TSE:NFI) Director Wendy Wai Ting Kei Sells 6,888 Shares

NFI Group Inc. (TSE:NFI) Director Wendy Wai Ting Kei sold 6,888 shares of NFI Group stock in a transaction on Friday, March 22nd. The shares were sold at an average price of C$11.44, for a total value of C$78,798.72.

Wendy Wai Ting Kei also recently made the following trade(s):

• On Friday, March 8th, Wendy Wai Ting Kei bought 1,768 shares of NFI Group stock. The stock was acquired at an average price of C$11.30 per share, with a total value of C$19,979.11.

NFI Group Stock Up 4.0 %

Shares of TSE NFI opened at C$13.32 on Thursday. The company’s fifty day simple moving average is C$12.10 and its 200 day simple moving average is C$12.94. NFI Group Inc. has a 12-month low of C$7.00 and a 12-month high of C$14.55. The firm has a market cap of C$1.58 billion, a PE ratio of -6.59, a P/E/G ratio of -0.07 and a beta of 1.35. The company has a quick ratio of 0.55, a current ratio of 1.84 and a debt-to-equity ratio of 161.79.

NFI Group (TSE:NFI) last issued its quarterly earnings data on Thursday, February 29th. The company reported C($0.07) EPS for the quarter, topping the consensus estimate of C($0.28) by C$0.21. The firm had revenue of C$1.08 billion during the quarter, compared to the consensus estimate of C$1.21 billion. NFI Group had a negative return on equity of 21.27% and a negative net margin of 5.07%. As a group, sell-side analysts forecast that NFI Group Inc. will post 0.228641 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages recently commented on NFI. CIBC lifted their price objective on NFI Group from C$11.50 to C$12.00 and gave the stock an “underperform” rating in a research note on Monday, January 22nd. BMO Capital Markets lowered their target price on NFI Group from C$17.00 to C$15.00 and set an “outperform” rating for the company in a report on Friday, March 1st. Finally, National Bankshares increased their target price on shares of NFI Group from C$18.00 to C$19.00 and gave the stock an “outperform” rating in a report on Wednesday, January 17th. One research analyst has rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, NFI Group currently has an average rating of “Moderate Buy” and a consensus target price of C$18.58.

About NFI Group

NFI Group Inc, together with its subsidiaries, manufactures and sells buses in North America, the United Kingdom, rest of Europe, and the Asia Pacific. It operates through Manufacturing Operations and Aftermarket Operations segments. The Manufacturing Operations segment design, manufacture, service, and support transit buses, coaches, medium-duty shuttles, and low floor cutaway buses.