NFI Group (TSE:NFI) Director John Christopher Sapp Acquires 2,500 Shares

NFI Group Inc. (TSE:NFI) Director John Christopher Sapp purchased 2,500 shares of the stock in a transaction on Tuesday, May 12th. The stock was acquired at an average cost of C$20.66 per share, with a total value of C$51,650.00. Following the acquisition, the director owned 20,653 shares of the company’s stock, valued at approximately C$426,690.98. This represents a 13.77% increase in their position.

NFI Group Trading Up 1.4%

TSE:NFI opened at C$20.81 on Wednesday. The firm has a fifty day simple moving average of C$19.23 and a 200-day simple moving average of C$16.74. NFI Group Inc. has a 12 month low of C$12.50 and a 12 month high of C$21.98. The company has a current ratio of 1.25, a quick ratio of 0.55 and a debt-to-equity ratio of 221.05. The company has a market capitalization of C$2.48 billion, a P/E ratio of -19.96, a PEG ratio of -0.07 and a beta of 0.01.

NFI Group (TSE:NFI) last posted its earnings results on Thursday, May 7th. The company reported C$0.25 earnings per share for the quarter. NFI Group had a negative net margin of 3.32% and a negative return on equity of 22.22%. The firm had revenue of C$1.17 billion during the quarter. On average, equities research analysts anticipate that NFI Group Inc. will post 1.2814107 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. Scotiabank raised their target price on NFI Group from C$24.50 to C$25.00 and gave the company a “sector outperform” rating in a research report on Monday. TD Securities upgraded NFI Group to a “strong-buy” rating in a research report on Friday, January 30th. ATB Cormark Capital Markets raised their price objective on NFI Group from C$27.00 to C$28.00 and gave the company an “outperform” rating in a report on Friday, March 13th. Canadian Imperial Bank of Commerce upped their target price on NFI Group from C$22.00 to C$27.00 in a research note on Tuesday. Finally, Stifel Nicolaus increased their target price on NFI Group from C$25.50 to C$26.00 and gave the company a “buy” rating in a research report on Tuesday. Two analysts have rated the stock with a Strong Buy rating and six have given a Buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of C$25.00.

Key Stories Impacting NFI Group

Here are the key news stories impacting NFI Group this week:

• Positive Sentiment: Stifel Nicolaus raised its price target on NFI Group to C$26.00 from C$25.50 and reiterated a buy rating, signaling confidence in further share-price gains. BayStreet.CA
• Positive Sentiment: CIBC lifted its price target on NFI Group to C$27.00 from C$22.00, while TD, Scotiabank, and National Bank Financial also raised targets and maintained positive ratings, reinforcing a constructive outlook for the stock. BayStreet.CA
• Positive Sentiment: BC Transit awarded Alexander Dennis, NFI’s bus brand, a contract for 41 Enviro500 double-decker buses, adding to the company’s backlog and supporting revenue visibility. Article
• Neutral Sentiment: Recent additional analyst notes from TD, Scotiabank, and National Bank Financial all pointed to upside potential, but they mainly reinforce the same optimistic theme already driving sentiment rather than adding a new catalyst. Article

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¿.