NFI Group Inc. (TSE:NFI) Director Richard Paul Davies Acquires 2,570 Shares

NFI Group Inc. (TSE:NFI - Get Free Report) Director Richard Paul Davies purchased 2,570 shares of NFI Group 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.

NFI Group Stock Down 1.1 %

Shares of NFI stock traded down C$0.14 during midday trading on Friday, reaching C$12.16. 60,102 shares of the stock were exchanged, compared to its average volume of 134,479. NFI Group Inc. has a 1 year low of C$7.00 and a 1 year high of C$14.55. The company's 50 day moving average is C$12.13 and its two-hundred day moving average is C$12.93. The company has a current ratio of 1.84, a quick ratio of 0.55 and a debt-to-equity ratio of 161.79. The firm has a market cap of C$1.45 billion, a PE ratio of -6.02, a price-to-earnings-growth ratio of -0.07 and a beta of 1.35.

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, topping analysts' consensus estimates of C($0.28) by C$0.21. NFI Group had a negative return on equity of 21.27% and a negative net margin of 5.07%. The firm had revenue of C$1.08 billion for the quarter, compared to the consensus estimate of C$1.21 billion. On average, equities research analysts predict that NFI Group Inc. will post 0.228641 EPS for the current year.

Analyst Ratings Changes

NFI has been the subject of several recent analyst reports. BMO Capital Markets reduced their target price on 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. National Bankshares boosted their target price on NFI Group from C$18.00 to C$19.00 and gave the stock an "outperform" rating in a research report on Wednesday, January 17th. Finally, CIBC boosted their target price on NFI Group from C$11.50 to C$12.00 and gave the stock an "underperform" rating in a research report on Monday, January 22nd. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and five have given a buy rating to the company. According to MarketBeat.com, NFI Group currently has an average rating of "Moderate Buy" and a consensus price target of C$18.58.

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.