NFI Group Inc. (TSE:NFI - Free Report) - Atb Cap Markets boosted their Q2 2024 EPS estimates for shares of NFI Group in a report issued on Sunday, May 5th. Atb Cap Markets analyst C. Murray now anticipates that the company will post earnings per share of ($0.03) for the quarter, up from their previous forecast of ($0.08). The consensus estimate for NFI Group's current full-year earnings is $0.23 per share. Atb Cap Markets also issued estimates for NFI Group's Q4 2024 earnings at $0.34 EPS, FY2024 earnings at $0.19 EPS, Q1 2025 earnings at $0.03 EPS, Q2 2025 earnings at $0.19 EPS and FY2025 earnings at $1.26 EPS.
Other analysts have also recently issued reports about the stock. National Bankshares reduced 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 report on Monday. Stifel Canada upgraded NFI Group from a "hold" rating to a "buy" rating in a research report on Monday. CIBC lifted their target price on shares of NFI Group from C$12.00 to C$12.50 and gave the stock an "underperform" rating in a research report on Tuesday. Stifel Nicolaus raised shares of NFI Group from a "hold" rating to a "buy" rating and raised their price objective for the stock from C$15.00 to C$18.00 in a research note on Monday. Finally, BMO Capital Markets lowered their price objective on shares of NFI Group from C$17.00 to C$15.00 and set an "outperform" rating on the stock in a research report on Friday, March 1st. One research analyst has rated the stock with a sell rating and seven have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of C$19.33.
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NFI Group Stock Performance
NFI stock traded up C$0.13 during trading on Wednesday, reaching C$13.35. 154,364 shares of the company's stock were exchanged, compared to its average volume of 133,862. NFI Group has a 1-year low of C$8.35 and a 1-year high of C$14.55. The company's fifty day moving average price is C$11.93 and its 200-day moving average price is C$12.72. The company has a quick ratio of 0.55, a current ratio of 1.81 and a debt-to-equity ratio of 163.50. The firm has a market cap of C$1.59 billion, a PE ratio of -9.94, a P/E/G ratio of -0.07 and a beta of 1.35.
NFI Group (TSE:NFI - Get Free Report) last issued its earnings results on Thursday, February 29th. The company reported C($0.07) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of C($0.28) by C$0.21. The firm had revenue of C$1.08 billion for the quarter, compared to analysts' expectations of C$1.21 billion. NFI Group had a negative net margin of 3.45% and a negative return on equity of 16.18%.
Insider Activity
In other NFI Group news, Director Richard Paul Davies purchased 2,570 shares of the company's stock in a transaction that occurred on Thursday, March 28th. The shares were acquired at an average price of C$13.17 per share, for a total transaction of C$33,846.90. In other news, Director Richard Paul Davies bought 2,570 shares of the company's stock in a transaction dated Thursday, March 28th. The stock was bought at an average price of C$13.17 per share, with a total value of C$33,846.90. Also, Senior Officer Brian Keith Dewsnup purchased 5,750 shares of the stock in a transaction that occurred on Wednesday, March 6th. The shares were acquired at an average cost of C$8.39 per share, for a total transaction of C$48,213.75. Insiders purchased 64,228 shares of company stock worth $734,754 over the last quarter. 0.65% of the stock is currently owned by company insiders.
About NFI Group
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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.
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