Brokerages Set NFI Group Inc. (TSE:NFI) PT at C$18.58

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

Several analysts have recently weighed in on NFI shares. CIBC lifted their target price 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. BMO Capital Markets dropped their target price on NFI Group from C$17.00 to C$15.00 and set an “outperform” rating on the stock in a research report on Friday, March 1st. Finally, National Bankshares increased their target price on NFI Group from C$18.00 to C$19.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 17th.

NFI Group Trading Down 0.5 %

Shares of NFI stock opened at C$11.05 on Friday. The company has a market capitalization of C$1.31 billion, a P/E ratio of -5.50, a price-to-earnings-growth ratio of -0.07 and a beta of 1.35. The company has a current ratio of 1.84, a quick ratio of 0.55 and a debt-to-equity ratio of 161.79. The business’s 50 day moving average is C$12.01 and its two-hundred day moving average is C$12.86. NFI Group has a twelve month low of C$7.00 and a twelve month high of C$14.55.

NFI Group (TSE:NFI) last posted its quarterly earnings data on Thursday, February 29th. The company reported C($0.07) earnings per share for the quarter, beating analysts’ consensus estimates of C($0.28) by C$0.21. The firm had revenue of C$1.08 billion for the quarter, compared to analyst estimates of C$1.21 billion. NFI Group had a negative net margin of 5.07% and a negative return on equity of 21.27%. Equities analysts forecast that NFI Group will post 0.2237351 EPS for the current year.

Insider Activity

In related news, Director Wendy Wai Ting Kei sold 6,888 shares of the company’s stock in a transaction that occurred on Friday, March 22nd. The stock was sold at an average price of C$11.44, for a total value of C$78,798.72. In other news, Director Wendy Wai Ting Kei sold 6,888 shares of NFI Group stock in a transaction on Friday, March 22nd. The stock was sold at an average price of C$11.44, for a total transaction of C$78,798.72. Also, Director Richard Paul Davies acquired 2,570 shares of the stock in a transaction that occurred on Thursday, March 28th. The stock was acquired at an average cost of C$13.17 per share, for a total transaction of C$33,846.90. In the last three months, insiders purchased 64,228 shares of company stock worth $734,754. Company insiders own 0.78% of the company’s stock.

NFI Group Company Profile

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.