NFI Group (TSE:NFI) PT Set at C$25.00 by TD Securities

NFI Group (TSE:NFI) received a C$25.00 price objective from stock analysts at TD Securities in a research report issued on Thursday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. TD Securities’ price target indicates a potential upside of 49.25% from the company’s current price.

Separately, BMO Capital Markets cut their price target on shares of NFI Group from C$18.00 to C$17.00 in a research report on Monday, December 8th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of C$22.14.

NFI Group Trading Up 0.5%

Shares of NFI traded up C$0.09 during mid-day trading on Thursday, reaching C$16.75. 221,343 shares of the company were exchanged, compared to its average volume of 272,594. The business has a 50 day simple moving average of C$15.12 and a two-hundred day simple moving average of C$16.19. The company has a debt-to-equity ratio of 171.59, a quick ratio of 0.55 and a current ratio of 1.71. The stock has a market capitalization of C$1.99 billion, a PE ratio of -6.87, a PEG ratio of -0.07 and a beta of 0.60. NFI Group has a 52 week low of C$9.83 and a 52 week high of C$19.90.

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

Insider Buying and Selling

In other news, insider Brian Keith Dewsnup acquired 4,100 shares of NFI Group stock in a transaction on Friday, December 26th. The stock was acquired at an average cost of C$16.14 per share, with a total value of C$66,174.00. Following the transaction, the insider owned 69,010 shares of the company’s stock, valued at approximately C$1,113,821.40. This trade represents a 6.32% increase in their position. Also, Director Colin Robertson bought 10,000 shares of NFI Group stock in a transaction dated Wednesday, December 24th. The stock was acquired at an average cost of C$15.97 per share, with a total value of C$159,700.00. Following the completion of the acquisition, the director owned 56,217 shares of the company’s stock, valued at C$897,785.49. This represents a 21.64% increase in their ownership of the stock. Insiders bought 15,640 shares of company stock worth $250,305 in the last 90 days. Corporate insiders own 0.62% of the company’s stock.

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¿.