NFI Group (TSE:NFI) Director Daniel Barclay Acquires 25,000 Shares of Stock

NFI Group Inc. (TSE:NFI) Director Daniel Barclay purchased 25,000 shares of the company’s stock in a transaction on Wednesday, May 13th. The shares were purchased at an average price of C$20.76 per share, with a total value of C$519,000.00. Following the completion of the purchase, the director directly owned 50,000 shares of the company’s stock, valued at C$1,038,000. The trade was a 100.00% increase in their ownership of the stock.

NFI Group Stock Performance

TSE NFI opened at C$21.06 on Friday. The firm has a market capitalization of C$2.51 billion, a P/E ratio of -20.20, a P/E/G ratio of -0.07 and a beta of 0.01. NFI Group Inc. has a 1-year low of C$12.50 and a 1-year high of C$21.98. The company has a debt-to-equity ratio of 221.05, a current ratio of 1.25 and a quick ratio of 0.55. The business’s 50-day simple moving average is C$19.39 and its 200-day simple moving average is C$16.85.

NFI Group (TSE:NFI) last posted its 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 during the quarter. Equities analysts predict that NFI Group Inc. will post 1.2814107 EPS for the current year.

Analysts Set New Price Targets

NFI has been the topic of a number of research reports. TD Securities raised shares of NFI Group to a “strong-buy” rating in a research note on Friday, January 30th. National Bank Financial increased their price target on NFI Group from C$22.00 to C$26.00 and gave the company an “outperform” rating in a report on Monday. Canadian Imperial Bank of Commerce raised their price objective on NFI Group from C$22.00 to C$27.00 in a research report on Tuesday. Scotiabank increased 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 note on Monday. Finally, ATB Cormark Capital Markets raised their target price on NFI Group from C$27.00 to C$28.00 and gave the company an “outperform” rating in a report on Friday, March 13th. Two equities research 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, the company currently has a consensus rating of “Buy” and an average 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¿.