FY2026 Earnings Forecast for NFI Group Issued By Scotiabank

NFI Group Inc. (TSE:NFI) – Research analysts at Scotiabank decreased their FY2026 EPS estimates for shares of NFI Group in a research note issued on Friday, May 1st. Scotiabank analyst J. Goldman now expects that the company will post earnings per share of $1.19 for the year, down from their previous forecast of $1.24. Scotiabank currently has a “Sector Outperform” rating and a $24.50 target price on the stock. The consensus estimate for NFI Group’s current full-year earnings is $1.28 per share. Scotiabank also issued estimates for NFI Group’s FY2027 earnings at $1.44 EPS.

Several other equities analysts have also recently weighed in on NFI. TD Securities upgraded NFI Group to a “strong-buy” rating in a research note 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 research note on Friday, March 13th. National Bank Financial lowered their target price on NFI Group from C$28.00 to C$22.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 3rd. Finally, Stifel Nicolaus lifted their target price on NFI Group from C$23.00 to C$25.50 and gave the stock a “buy” rating in a research note on Friday. Two equities research analysts have rated the stock with a Strong Buy rating and five have issued a Buy rating to the stock. According to data from MarketBeat.com, NFI Group currently has a consensus rating of “Buy” and a consensus price target of C$23.14.

NFI Group Stock Performance

Shares of NFI stock opened at C$21.06 on Tuesday. The firm has a 50 day moving average of C$18.82 and a 200-day moving average of C$16.46. NFI Group has a 52 week low of C$11.75 and a 52 week high of C$21.80. The company has a quick ratio of 0.55, a current ratio of 1.47 and a debt-to-equity ratio of 220.13. The company has a market cap of C$2.51 billion, a price-to-earnings ratio of -17.64, a price-to-earnings-growth ratio of -0.07 and a beta of -0.07.

NFI Group (TSE:NFI) last announced its quarterly earnings data on Wednesday, March 11th. The company reported C$0.68 EPS for the quarter. The company had revenue of C$1.33 billion during the quarter. NFI Group had a negative net margin of 3.80% and a negative return on equity of 24.33%.

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¿.