NFI Group Inc. (TSE:NFI – Free Report) – Atb Cap Markets reduced their FY2023 earnings per share (EPS) estimates for NFI Group in a research note issued on Wednesday, November 8th. Atb Cap Markets analyst C. Murray now forecasts that the company will post earnings of ($2.06) per share for the year, down from their prior estimate of ($1.71). Atb Cap Markets currently has a “Outperform” rating on the stock. The consensus estimate for NFI Group’s current full-year earnings is $0.32 per share. Atb Cap Markets also issued estimates for NFI Group’s Q4 2023 earnings at ($0.30) EPS, Q1 2024 earnings at ($0.08) EPS, Q2 2024 earnings at $0.01 EPS, FY2024 earnings at $0.54 EPS and FY2025 earnings at $1.66 EPS.
NFI Group (TSE:NFI – Get Free Report) last posted its earnings results on Wednesday, November 8th. The company reported C($0.55) earnings per share for the quarter, missing the consensus estimate of C($0.43) by C($0.12). NFI Group had a negative return on equity of 45.04% and a negative net margin of 12.10%. The business had revenue of C$952.54 million for the quarter, compared to analysts’ expectations of C$937.55 million.
NFI Group Price Performance
NFI Group stock opened at C$13.52 on Monday. NFI Group has a 12 month low of C$7.00 and a 12 month high of C$14.48. The company has a debt-to-equity ratio of 277.18, a current ratio of 1.55 and a quick ratio of 0.55. The business has a 50 day simple moving average of C$12.91 and a 200-day simple moving average of C$11.26. The stock has a market capitalization of C$1.61 billion, a PE ratio of -2.62, a price-to-earnings-growth ratio of -0.07 and a beta of 1.35.
About NFI Group
NFI Group Inc, together with its subsidiaries, manufactures and sells buses in North America, the United Kingdom, Europe, and the Asia Pacific. It operates through OEM Manufacturing Operations and Aftermarket Operations segments. The OEM Manufacturing Operations segment designs, manufactures, and sells transit buses, motor coaches, and medium-duty and cutaway buses.
- Five stocks we like better than NFI Group
- How to Analyze Restaurant Stocks
- MarketBeat Week in Review – 11/6 – 11/10
- Manufacturing Stocks Investing
- Data giants MongoDB and Snowflake just got upgraded
- How Technical Indicators Can Help You Find Oversold Stocks
- Plug Power at tipping point; it’s make or break time for hydrogen
Receive News & Ratings for NFI Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NFI Group and related companies with MarketBeat.com's FREE daily email newsletter.