NFI Group (NFI) Set to Announce Earnings on Thursday

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NFI Group (TSE:NFI) is set to issue its quarterly earnings data before the market opens on Thursday, May 6th. Analysts expect the company to announce earnings of C($0.04) per share for the quarter.

NFI Group (TSE:NFI) last released its quarterly earnings data on Thursday, March 4th. The company reported C$0.17 EPS for the quarter, missing analysts’ consensus estimates of C$0.19 by C($0.02). The firm had revenue of C$927.37 million during the quarter, compared to analyst estimates of C$838.85 million.

NFI opened at C$27.82 on Wednesday. NFI Group has a one year low of C$13.03 and a one year high of C$32.74. The company has a market cap of C$1.97 billion and a P/E ratio of -8.97. The company has a debt-to-equity ratio of 211.13, a quick ratio of 0.74 and a current ratio of 1.75. The business’s 50-day simple moving average is C$28.25 and its 200-day simple moving average is C$25.16.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 15th. Stockholders of record on Thursday, April 15th were issued a $0.2125 dividend. The ex-dividend date was Tuesday, March 30th. This represents a $0.85 dividend on an annualized basis and a dividend yield of 3.06%. NFI Group’s payout ratio is currently -20.33%.

NFI has been the topic of a number of recent analyst reports. National Bank Financial increased their price objective on NFI Group from C$32.00 to C$34.00 and gave the company an “outperform” rating in a report on Friday, March 5th. Laurentian Bank of Canada raised their price target on NFI Group from C$26.00 to C$39.00 in a research note on Friday, January 15th. BMO Capital Markets dropped their price target on NFI Group from C$40.00 to C$38.00 in a research note on Monday, March 8th. TD Securities dropped their price target on NFI Group from C$35.00 to C$34.00 and set a “buy” rating on the stock in a research note on Wednesday, March 3rd. Finally, Scotiabank raised their price target on NFI Group from C$34.00 to C$35.00 in a research note on Friday, March 5th.

NFI Group Company Profile

NFI Group Inc, together with its subsidiaries, manufactures and sells buses in North America, the United Kingdom, Europe, the Asia Pacific, and internationally. It operates through two segments, Manufacturing Operations and Aftermarket Operations. The company offers heavy-duty transit buses under the New Flyer name; single and double-deck buses under the name Alexander Dennis Limited; motor coaches under Plaxton and MCI names; low-floor cutaway and medium-duty buses under the ARBOC brand; and aftermarket parts under the NFI Parts name.

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Earnings History for NFI Group (TSE:NFI)

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