NFI Group (TSE:NFI) Director Purchases C$20,880.00 in Stock

NFI Group Inc. (TSE:NFI) Director John Christopher Sapp acquired 1,000 shares of the business’s stock in a transaction dated Wednesday, May 13th. The stock was acquired at an average cost of C$20.88 per share, for a total transaction of C$20,880.00. Following the transaction, the director owned 21,653 shares of the company’s stock, valued at C$452,114.64. This represents a 4.84% increase in their ownership of the stock.

John Christopher Sapp also recently made the following trade(s):

• On Tuesday, May 12th, John Christopher Sapp acquired 2,500 shares of NFI Group stock. The stock was acquired at an average cost of C$20.66 per share, for a total transaction of C$51,650.00.

NFI Group Stock Performance

Shares of NFI stock opened at C$20.80 on Friday. The company’s fifty day simple moving average is C$19.47 and its 200-day simple moving average is C$16.87. The company has a quick ratio of 0.55, a current ratio of 1.25 and a debt-to-equity ratio of 221.05. The firm has a market cap of C$2.48 billion, a PE ratio of -19.95, a P/E/G ratio of -0.07 and a beta of 0.01. NFI Group Inc. has a 12 month low of C$12.50 and a 12 month high of C$21.98.

NFI Group (TSE:NFI) last posted its quarterly earnings results 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 firm had revenue of C$1.17 billion for the quarter. Equities research analysts expect that NFI Group Inc. will post 1.2814107 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts have issued reports on NFI shares. Scotiabank upped their price target on shares of NFI Group from C$24.50 to C$25.00 and gave the stock a “sector outperform” rating in a research report on Monday, May 11th. TD Securities raised shares of NFI Group to a “strong-buy” rating in a research report on Friday, January 30th. Canadian Imperial Bank of Commerce upped their price target on shares of NFI Group from C$22.00 to C$27.00 in a research report on Tuesday. Stifel Nicolaus upped their price target on shares of NFI Group from C$25.50 to C$26.00 and gave the stock a “buy” rating in a research report on Tuesday. Finally, National Bank Financial upped their price target on shares of NFI Group from C$22.00 to C$26.00 and gave the stock an “outperform” rating in a research report on Monday, May 11th. Two investment analysts have rated the stock with a Strong Buy rating and six have assigned a Buy rating to the company’s stock. According to MarketBeat.com, NFI Group has a consensus rating of “Buy” and a consensus target price of C$25.00.

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¿.