NFI Group Inc. (NFI.TO) (TSE:NFI) Expected to Post Q4 2020 Earnings of $0.13 Per Share

NFI Group Inc. (NFI.TO) (TSE:NFI) – Analysts at National Bank Financial issued their Q4 2020 earnings estimates for shares of NFI Group Inc. (NFI.TO) in a research note issued to investors on Monday, January 11th. National Bank Financial analyst C. Doerksen forecasts that the company will post earnings per share of $0.13 for the quarter. National Bank Financial has a “Outperform” rating and a $33.00 price target on the stock. National Bank Financial also issued estimates for NFI Group Inc. (NFI.TO)’s FY2021 earnings at $0.82 EPS.

NFI has been the topic of a number of other research reports. BMO Capital Markets boosted their price objective on shares of NFI Group Inc. (NFI.TO) from C$23.00 to C$42.00 in a research report on Wednesday. CIBC boosted their price objective on shares of NFI Group Inc. (NFI.TO) from C$28.00 to C$34.00 in a research report on Tuesday. Scotiabank lifted their target price on shares of NFI Group Inc. (NFI.TO) from C$23.00 to C$34.00 in a research note on Tuesday. ATB Capital cut their target price on shares of NFI Group Inc. (NFI.TO) from C$27.00 to C$22.00 in a research note on Thursday, November 12th. Finally, TD Securities raised shares of NFI Group Inc. (NFI.TO) from a “hold” rating to a “buy” rating and lifted their target price for the company from C$26.00 to C$35.00 in a research note on Tuesday.

NFI stock opened at C$31.50 on Wednesday. The firm’s 50-day moving average price is C$23.67 and its two-hundred day moving average price is C$18.34. NFI Group Inc. has a 12-month low of C$0.03 and a 12-month high of C$33.94. The stock has a market capitalization of C$1.97 billion and a price-to-earnings ratio of -14.90. The company has a current ratio of 1.77, a quick ratio of 0.61 and a debt-to-equity ratio of 219.63.

NFI Group Inc. (NFI.TO) (TSE:NFI) last released its quarterly earnings data on Wednesday, November 11th. The company reported C$0.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C($0.01) by C$0.13. The firm had revenue of C$884.69 million during the quarter, compared to analysts’ expectations of C$678.49 million.

The business also recently announced a quarterly dividend, which will be paid on Friday, January 15th. Stockholders of record on Thursday, December 31st will be paid a dividend of $0.213 per share. This represents a $0.85 dividend on an annualized basis and a dividend yield of 2.70%. The ex-dividend date of this dividend is Wednesday, December 30th. NFI Group Inc. (NFI.TO)’s payout ratio is -37.35%.

In other NFI Group Inc. (NFI.TO) news, Director Adam L. Gray acquired 137,700 shares of the company’s stock in a transaction that occurred on Wednesday, December 23rd. The shares were acquired at an average price of C$24.54 per share, with a total value of C$3,379,158.00. Following the completion of the purchase, the director now directly owns 5,017,660 shares of the company’s stock, valued at approximately C$123,133,376.40.

About NFI Group Inc. (NFI.TO)

NFI Group Inc, together with its subsidiaries, manufactures and sells buses in North America, the United Kingdom, Europe, the Asia Pacific, and internationally. The company operates through two segments, Manufacturing Operations and Aftermarket Operations. It offers heavy-duty transit buses under the New Flyer name; single and double-deck buses under the name Alexander Dennis Limited; motor coaches under Plaxton and MCI names; low-floor cutaway and medium-duty buses under the ARBOC brand; and aftermarket parts under the NFI Parts name.

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