NFI Group (TSE:NFI) Reaches New 52-Week High at $16.19

NFI Group Inc. (TSE:NFI - Get Free Report)'s share price reached a new 52-week high during trading on Friday . The stock traded as high as C$16.19 and last traded at C$16.08, with a volume of 202171 shares changing hands. The stock had previously closed at C$15.50.

Analyst Ratings Changes

NFI has been the subject of a number of research reports. National Bankshares decreased their target price on shares of NFI Group from C$20.00 to C$19.00 and set an "outperform" rating for the company in a research note on Monday, May 6th. CIBC upped their price objective on NFI Group from C$12.00 to C$12.50 and gave the company an "underperform" rating in a research report on Tuesday, May 7th. ATB Capital increased their target price on NFI Group from C$17.00 to C$18.00 and gave the company an "outperform" rating in a report on Monday, May 6th. Stifel Canada upgraded NFI Group from a "hold" rating to a "buy" rating in a research note on Monday, May 6th. Finally, BMO Capital Markets reduced their price target on shares of 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. One research analyst has rated the stock with a sell rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, NFI Group presently has an average rating of "Moderate Buy" and an average price target of C$19.33.

NFI Group Stock Up 3.6 %

The business has a 50-day moving average of C$12.37 and a 200 day moving average of C$12.81. The company has a market capitalization of C$1.91 billion, a PE ratio of -12.08, a P/E/G ratio of -0.07 and a beta of 1.35. The company has a debt-to-equity ratio of 163.50, a current ratio of 1.81 and a quick ratio of 0.55.

NFI Group (TSE:NFI - Get Free Report) last posted its earnings results on Thursday, February 29th. The company reported C($0.07) earnings per share for the quarter, beating analysts' consensus estimates of C($0.28) by C$0.21. The firm had revenue of C$1.08 billion during the quarter, compared to analyst estimates of C$1.21 billion. NFI Group had a negative net margin of 3.45% and a negative return on equity of 16.18%. Equities research analysts predict that NFI Group Inc. will post 0.2266807 earnings per share for the current year.

Insider Activity at NFI Group

In related news, Director Wendy Wai Ting Kei sold 6,888 shares of NFI Group stock in a transaction dated Friday, March 22nd. The shares were sold at an average price of C$11.44, for a total transaction of C$78,798.72. In related news, Director Wendy Wai Ting Kei sold 6,888 shares of the firm's stock in a transaction that occurred on Friday, March 22nd. The stock was sold at an average price of C$11.44, for a total transaction of C$78,798.72. Also, Director Colin Robertson acquired 50,000 shares of the company's stock in a transaction that occurred on Monday, March 11th. The shares were acquired at an average price of C$11.65 per share, with a total value of C$582,375.00. In the last 90 days, insiders have purchased 64,228 shares of company stock worth $734,754. Company insiders own 0.65% of the company's stock.

NFI Group Company Profile

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.