Colin Robertson Purchases 10,000 Shares of NFI Group (TSE:NFI) Stock

NFI Group Inc. (TSE:NFI) Director Colin Robertson bought 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 24th. The stock was purchased at an average cost of C$15.97 per share, for a total transaction of C$159,700.00. Following the completion of the purchase, the director owned 56,217 shares of the company’s stock, valued at C$897,785.49. This trade represents a 21.64% increase in their ownership of the stock.

NFI Group Trading Up 0.1%

Shares of NFI opened at C$16.68 on Monday. The stock has a market capitalization of C$1.99 billion, a P/E ratio of -6.84, a PEG ratio of -0.07 and a beta of 0.60. NFI Group Inc. has a twelve month low of C$9.83 and a twelve month high of C$19.90. The company has a quick ratio of 0.55, a current ratio of 1.71 and a debt-to-equity ratio of 171.59. The firm has a fifty day simple moving average of C$14.90 and a two-hundred day simple moving average of C$16.20.

NFI Group (TSE:NFI) last released its quarterly earnings data on Thursday, November 6th. The company reported C$0.10 earnings per share (EPS) for the quarter. NFI Group had a negative net margin of 0.79% and a negative return on equity of 3.45%. On average, research analysts anticipate that NFI Group Inc. will post 1.2814107 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on NFI. BMO Capital Markets cut their price objective on NFI Group from C$18.00 to C$17.00 in a research report on Monday, December 8th. Scotiabank dropped their price target on NFI Group from C$23.00 to C$22.00 in a research note on Monday, September 29th. National Bankshares cut their price target on shares of NFI Group from C$23.00 to C$22.00 and set an “outperform” rating on the stock in a report on Monday, September 29th. Finally, CIBC reduced their price objective on shares of NFI Group from C$23.00 to C$20.00 and set an “outperform” rating on the stock in a research report on Monday, September 29th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, NFI Group currently has a consensus rating of “Buy” and a consensus target price of C$21.67.

NFI Group Company Profile

Leveraging 450 years of combined experience, NFI is leading the electrification of mass mobility around the world. With zero-emission buses and coaches, infrastructure, and technology, NFI meets today’s urban demands for scalable smart mobility solutions. Together, NFI is enabling more livable cities through connected, clean, and sustainable transportation. With over 9,000 team members in ten countries, NFI is a leading global bus manufacturer of mass mobility solutions under the brands New Flyer® (heavy-duty transit buses), MCI® (motorcoaches), Alexander Dennis Limited (single- and double-deck buses), ARBOC® (low-floor cutaway and medium-duty buses), and NFI Parts¿.