NFI Group (TSE:NFI) Director Purchases C$117,260.00 in Stock

NFI Group Inc. (TSE:NFI) Director Adam Gray acquired 5,200 shares of the business’s stock in a transaction dated Tuesday, May 26th. The stock was acquired at an average cost of C$22.55 per share, with a total value of C$117,260.00. Following the purchase, the director directly owned 25,556,415 shares in the company, valued at C$576,297,158.25. This represents a 0.02% increase in their position.

NFI Group Trading Up 0.5%

Shares of NFI Group stock traded up C$0.11 during trading on Tuesday, reaching C$22.96. The company’s stock had a trading volume of 179,932 shares, compared to its average volume of 349,960. NFI Group Inc. has a 52-week low of C$12.50 and a 52-week high of C$23.00. The company has a market cap of C$2.73 billion, a price-to-earnings ratio of -22.02, a PEG ratio of -0.07 and a beta of 0.01. The firm’s 50-day moving average is C$20.16 and its two-hundred day moving average is C$17.25. The company has a quick ratio of 0.55, a current ratio of 1.25 and a debt-to-equity ratio of 221.05.

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

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on NFI. TD upped their price objective on shares of NFI Group from C$25.00 to C$26.00 and gave the company a “buy” rating in a research note on Monday, May 11th. Stifel Nicolaus boosted their price objective on shares of NFI Group from C$25.50 to C$26.00 and gave the company a “buy” rating in a research report on Tuesday, May 12th. Scotiabank upped their price objective on shares of NFI Group from C$24.50 to C$25.00 and gave the company a “sector outperform” rating in a research note on Monday, May 11th. National Bank Financial upped their price objective on shares of NFI Group from C$22.00 to C$26.00 and gave the company an “outperform” rating in a research note on Monday, May 11th. Finally, TD Securities raised shares of NFI Group to a “strong-buy” rating in a research note on Friday, January 30th. Two analysts have rated the stock with a Strong Buy rating and six have assigned a Buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of C$25.00.

About NFI Group

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¿.