NFI Group Inc. (TSE:NFI – Get Free Report) has received an average rating of “Moderate Buy” from the seven analysts that are currently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and five have given a buy rating to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is C$18.58.
Several brokerages recently weighed in on NFI. BMO Capital Markets lowered their price objective on NFI Group from C$17.00 to C$15.00 and set an “outperform” rating for the company in a research report on Friday, March 1st. National Bankshares upped their price target 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. Finally, CIBC upped their price target on NFI Group from C$11.50 to C$12.00 and gave the stock an “underperform” rating in a research note on Monday, January 22nd.
Read Our Latest Stock Analysis on NFI
NFI Group Trading Down 0.6 %
NFI Group (TSE:NFI – Get Free Report) last issued its quarterly earnings data on Thursday, February 29th. The company reported C($0.07) earnings per share for the quarter, topping the consensus estimate of C($0.28) by C$0.21. The company had revenue of C$1.08 billion during the quarter, compared to analyst estimates of C$1.21 billion. NFI Group had a negative return on equity of 21.27% and a negative net margin of 5.07%. As a group, research analysts predict that NFI Group will post 0.2237351 earnings per share for the current year.
Insider Activity
In related 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 purchased 2,570 shares of the business’s stock in a transaction on Thursday, March 28th. The shares were bought at an average cost of C$13.17 per share, for a total transaction of C$33,846.90. Also, Senior Officer Brian Keith Dewsnup purchased 5,750 shares of the business’s stock in a transaction on Wednesday, March 6th. The stock was acquired at an average price of C$8.39 per share, for a total transaction of C$48,213.75. Over the last three months, insiders have purchased 64,228 shares of company stock worth $734,754. Corporate insiders own 0.78% of the company’s stock.
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.
Further Reading
- Five stocks we like better than NFI Group
- What is the S&P 500 and How It is Distinct from Other Indexes
- Comprehensive Analysis of PayPal Stock
- Why Are Stock Sectors Important to Successful Investing?
- Intuitive Surgical Stock Can Trend Much Higher This YearÂ
- The How And Why of Investing in Oil Stocks
- Alibaba Stock Analysis: Insights, Trends, and Future Predictions
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.