NFI Group (NFYEF) Set to Post Quarterly Earnings on Thursday

NFI Group (OTCMKTS:NFYEF) is anticipated to issue its results after the market closes on Thursday, November 5th. Analysts expect the company to announce earnings of $0.2546 per share and revenue of $1.00 billion for the quarter.

NFI Group Stock Performance

Shares of NFYEF remained flat at $17.90 during midday trading on Tuesday. 31,738 shares of the stock traded hands, compared to its average volume of 28,167. The company’s 50-day moving average is $17.32 and its 200 day moving average is $15.63. NFI Group has a 1-year low of $8.86 and a 1-year high of $18.75.

Analysts Set New Price Targets

Several brokerages recently commented on NFYEF. TD Securities reiterated a “buy” rating on shares of NFI Group in a report on Wednesday, October 28th. BMO Capital Markets reissued an “outperform” rating on shares of NFI Group in a research report on Friday, August 7th. Scotiabank reissued an “outperform” rating on shares of NFI Group in a research note on Friday, July 24th. Finally, Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of NFI Group in a report on Monday, October 26th. Four equities research analysts have rated the stock with a Buy rating. According to data from MarketBeat, NFI Group currently has an average rating of “Buy”.

NFI Group Company Profile

NFI Group Inc is a Canadian manufacturer of buses and a provider of related transportation solutions. Through its operating brands, the company designs and produces transit buses, motor coaches, shuttle buses, and other vehicles for public transportation, private operators, airports, universities, and other commercial customers.

NFI’s portfolio includes New Flyer, which focuses primarily on heavy-duty transit buses in North America; Alexander Dennis, a global bus manufacturer; MCI, a producer of intercity coaches; and ARBOC Specialty Vehicles, which makes low-floor and mobility-focused buses.