Atb Cap Markets Equities Analysts Lower Earnings Estimates for NFI Group Inc. (TSE:NFI)

NFI Group Inc. (TSE:NFI) – Stock analysts at Atb Cap Markets dropped their Q3 2024 earnings per share estimates for shares of NFI Group in a research note issued on Sunday, May 5th. Atb Cap Markets analyst C. Murray now forecasts that the company will post earnings of $0.07 per share for the quarter, down from their previous estimate of $0.08. The consensus estimate for NFI Group’s current full-year earnings is $0.23 per share. Atb Cap Markets also issued estimates for NFI Group’s Q4 2025 earnings at $0.68 EPS.

NFI Group (TSE:NFI) last posted its quarterly earnings data on Thursday, February 29th. The company reported C($0.07) EPS for the quarter, topping analysts’ consensus estimates of C($0.28) by C$0.21. The company had revenue of C$1.08 billion for the quarter, compared to analyst estimates of C$1.21 billion. NFI Group had a negative return on equity of 16.18% and a negative net margin of 3.45%.

Other equities analysts also recently issued research reports about the stock. CIBC lifted their target price on shares of NFI Group from C$12.00 to C$12.50 and gave the stock an “underperform” rating in a research note on Tuesday. National Bankshares lowered their price objective on NFI Group from C$20.00 to C$19.00 and set an “outperform” rating for the company in a research report on Monday. Stifel Nicolaus upgraded NFI Group from a “hold” rating to a “buy” rating and upped their target price for the company from C$15.00 to C$18.00 in a research report on Monday. ATB Capital raised their target price on NFI Group from C$17.00 to C$18.00 and gave the stock an “outperform” rating in a research note on Monday. Finally, BMO Capital Markets dropped their price target on NFI Group from C$17.00 to C$15.00 and set an “outperform” rating on the stock in a research note on Friday, March 1st. One equities research analyst has rated the stock with a sell rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of C$19.33.

NFI Group Stock Down 0.7 %

Shares of TSE NFI opened at C$13.22 on Tuesday. The company’s 50 day moving average price is C$11.93 and its 200-day moving average price is C$12.72. The company has a debt-to-equity ratio of 163.50, a quick ratio of 0.55 and a current ratio of 1.81. NFI Group has a 52-week low of C$8.35 and a 52-week high of C$14.55. The company has a market capitalization of C$1.57 billion, a P/E ratio of -9.94, a price-to-earnings-growth ratio of -0.07 and a beta of 1.35.

Insiders Place Their Bets

In other news, Senior Officer Brian Keith Dewsnup bought 5,750 shares of the company’s stock in a transaction on Wednesday, March 6th. The shares were purchased at an average price of C$8.39 per share, with a total value of C$48,213.75. In related news, Director Richard Paul Davies bought 2,570 shares of the company’s stock in a transaction on Thursday, March 28th. The shares were purchased at an average cost of C$13.17 per share, for a total transaction of C$33,846.90. Also, Senior Officer Brian Keith Dewsnup purchased 5,750 shares of the firm’s stock in a transaction dated Wednesday, March 6th. The shares were bought at an average price of C$8.39 per share, with a total value of C$48,213.75. Insiders have bought 64,228 shares of company stock valued at $734,754 in the last three months. 0.65% of the stock is currently owned by insiders.

NFI Group Company Profile

NFI Group Inc, together with its subsidiaries, manufactures and sells buses in North America, the United Kingdom, rest of Europe, and the Asia Pacific. It operates through Manufacturing Operations and Aftermarket Operations segments. The Manufacturing Operations segment design, manufacture, service, and support transit buses, coaches, medium-duty shuttles, and low floor cutaway buses.