NFI Group Inc. (TSE:NFI) Receives Consensus Recommendation of “Moderate Buy” from Analysts

NFI Group Inc. (TSE:NFI) has earned an average rating of “Moderate Buy” from the seven research firms that are presently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and five have given a buy recommendation to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is C$18.58.

NFI has been the subject of several research reports. National Bankshares lifted their price target on shares of NFI Group from C$18.00 to C$19.00 and gave the company an “outperform” rating in a research report on Wednesday, January 17th. CIBC upped their price objective on shares of NFI Group from C$11.50 to C$12.00 and gave the company an “underperform” rating in a report on Monday, January 22nd. Finally, BMO Capital Markets dropped their price objective on shares of NFI Group from C$17.00 to C$15.00 and set an “outperform” rating on the stock in a report on Friday, March 1st.

Insider Buying and Selling at NFI Group

In related news, Senior Officer Brian Keith Dewsnup acquired 5,750 shares of the company’s stock in a transaction dated Wednesday, March 6th. The stock was purchased at an average price of C$8.39 per share, with a total value of C$48,213.75. In other NFI Group news, Senior Officer Brian Keith Dewsnup purchased 5,750 shares of the company’s stock in a transaction that occurred on Wednesday, March 6th. The stock was bought at an average price of C$8.39 per share, with a total value of C$48,213.75. Also, Director Richard Paul Davies purchased 2,570 shares of the company’s stock in a transaction that occurred on Thursday, March 28th. The stock was acquired at an average cost of C$13.17 per share, with a total value of C$33,846.90. Insiders have acquired 64,228 shares of company stock worth $734,754 over the last ninety days. Insiders own 0.78% of the company’s stock.

NFI Group Stock Up 1.4 %

NFI Group stock opened at C$11.46 on Friday. The company has a debt-to-equity ratio of 161.79, a quick ratio of 0.55 and a current ratio of 1.84. NFI Group has a 52-week low of C$7.00 and a 52-week high of C$14.55. The firm has a 50 day moving average price of C$11.99 and a two-hundred day moving average price of C$12.84. The firm has a market cap of C$1.36 billion, a price-to-earnings ratio of -5.70, a PEG ratio of -0.07 and a beta of 1.35.

NFI Group (TSE:NFI) last announced 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. NFI Group had a negative net margin of 5.07% and a negative return on equity of 21.27%. The company had revenue of C$1.08 billion during the quarter, compared to the consensus estimate of C$1.21 billion. Equities analysts predict that NFI Group will post 0.2237351 EPS for the current year.

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.