NFI Group Inc. (TSE:NFI) Receives C$22.20 Consensus PT from Analysts

NFI Group Inc. (TSE:NFI) has received an average recommendation of “Moderate Buy” from the seven ratings firms that are currently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is C$22.20.

Several analysts recently weighed in on the company. CIBC increased their target price on NFI Group from C$18.50 to C$21.00 in a research note on Wednesday, December 4th. Cibc World Mkts raised NFI Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, December 4th. Finally, BMO Capital Markets lowered shares of NFI Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 31st.

NFI Group Trading Up 0.3 %

Shares of NFI Group stock opened at C$13.34 on Monday. The company has a debt-to-equity ratio of 164.92, a current ratio of 1.74 and a quick ratio of 0.55. The business has a fifty day moving average price of C$14.06. The firm has a market capitalization of C$1.59 billion, a PE ratio of -30.32, a price-to-earnings-growth ratio of -0.07 and a beta of 1.41. NFI Group has a 1-year low of C$10.89 and a 1-year high of C$19.55.

NFI Group (TSE:NFI) last released its earnings results on Wednesday, November 6th. The company reported C($0.05) earnings per share for the quarter, missing analysts’ consensus estimates of C$0.05 by C($0.10). NFI Group had a negative return on equity of 8.17% and a negative net margin of 1.59%. As a group, research analysts predict that NFI Group will post 1.2814107 earnings per share for the current year.

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.