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 on 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 acquisition, the director directly owned 25,556,415 shares in the company, valued at approximately C$576,297,158.25. This trade represents a 0.02% increase in their ownership of the stock.

NFI Group Stock Performance

TSE:NFI opened at C$22.83 on Friday. The company has a market cap of C$2.72 billion, a price-to-earnings ratio of -21.90, a PEG ratio of -0.07 and a beta of 0.01. The company has a debt-to-equity ratio of 221.05, a quick ratio of 0.55 and a current ratio of 1.25. The stock has a fifty day moving average price of C$20.35 and a 200-day moving average price of C$17.39. NFI Group Inc. has a fifty-two week low of C$12.50 and a fifty-two week high of C$23.48.

NFI Group (TSE:NFI) last issued its quarterly earnings data on Thursday, May 7th. The company reported C$0.25 EPS for the quarter. The business had revenue of C$1.17 billion during the quarter. NFI Group had a negative net margin of 3.32% and a negative return on equity of 22.22%. As a group, equities analysts anticipate that NFI Group Inc. will post 1.2814107 EPS for the current fiscal year.

Analyst Ratings Changes

NFI has been the subject of several recent analyst reports. ATB Cormark Capital Markets increased their price objective on shares of NFI Group from C$27.00 to C$28.00 and gave the stock an “outperform” rating in a research report on Friday, March 13th. Scotiabank lifted their target price on NFI Group from C$24.50 to C$25.00 and gave the company a “sector outperform” rating in a research report on Monday, May 11th. National Bank Financial lifted their target price on NFI Group from C$22.00 to C$26.00 and gave the company an “outperform” rating in a research report on Monday, May 11th. Canadian Imperial Bank of Commerce lifted their target price on NFI Group from C$22.00 to C$27.00 in a research report on Tuesday, May 12th. Finally, Stifel Nicolaus lifted their price objective 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, May 12th. Two investment analysts have rated the stock with a Strong Buy rating and six have issued a Buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average 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¿.