Atb Cap Markets Equities Analysts Reduce Earnings Estimates for NFI Group Inc. (TSE:NFI)

NFI Group Inc. (TSE:NFI) – Equities research analysts at Atb Cap Markets decreased their Q3 2024 EPS estimates for NFI Group in a research note issued on Sunday, May 5th. Atb Cap Markets analyst C. Murray now anticipates that the company will earn $0.07 per share for the quarter, down from their prior forecast of $0.08. The consensus estimate for NFI Group’s current full-year earnings is $0.23 per share. Atb Cap Markets also issued estimates for NFI Group’s Q4 2025 earnings at $0.68 EPS.

Other analysts have also issued reports about the stock. Stifel Nicolaus upgraded shares of NFI Group from a “hold” rating to a “buy” rating and boosted their price target for the stock from C$15.00 to C$18.00 in a research note on Monday. BMO Capital Markets cut their target price on shares of NFI Group from C$17.00 to C$15.00 and set an “outperform” rating on the stock in a research note on Friday, March 1st. National Bankshares decreased their price target on shares of NFI Group from C$20.00 to C$19.00 and set an “outperform” rating for the company in a research report on Monday. ATB Capital boosted their price target on shares of NFI Group from C$17.00 to C$18.00 and gave the stock an “outperform” rating in a research note on Monday. Finally, CIBC increased their price objective on NFI Group from C$11.50 to C$12.00 and gave the company an “underperform” rating in a research note on Monday, January 22nd. One analyst has rated the stock with a sell rating and six have issued a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of C$19.25.

NFI Group Trading Up 3.3 %

NFI opened at C$13.31 on Tuesday. The business has a fifty day simple moving average of C$11.92 and a 200-day simple moving average of C$12.72. NFI Group has a 52 week low of C$8.35 and a 52 week high of C$14.55. The firm has a market cap of C$1.58 billion, a P/E ratio of -10.01, 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 1.81 and a debt-to-equity ratio of 163.50.

NFI Group (TSE:NFI) last released its quarterly earnings results on Thursday, February 29th. The company reported C($0.07) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C($0.28) by C$0.21. The business had revenue of C$1.08 billion for the quarter, compared to the consensus estimate of C$1.21 billion. NFI Group had a negative net margin of 3.45% and a negative return on equity of 16.18%.

Insider Buying and Selling at NFI Group

In other news, Director Richard Paul Davies acquired 2,570 shares of NFI Group stock in a transaction dated Thursday, March 28th. The shares were acquired at an average cost of C$13.17 per share, for a total transaction of C$33,846.90. In other NFI Group news, Director Richard Paul Davies acquired 2,570 shares of the stock in a transaction dated 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. Also, Director Wendy Wai Ting Kei sold 6,888 shares of the firm’s stock in a transaction dated 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 the last three months, insiders have bought 64,228 shares of company stock valued at $734,754. Insiders own 0.65% 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.