What is Scotiabank’s Forecast for NFI Group FY2026 Earnings?

NFI Group Inc. (TSE:NFI) – Stock analysts at Scotiabank cut their FY2026 EPS estimates for shares of NFI Group in a research note issued to investors on Wednesday, August 19th. Scotiabank analyst J. Goldman now forecasts that the company will post earnings per share of $1.04 for the year, down from their prior forecast of $1.06. Scotiabank currently has a “Sector Outperform” rating and a $28.50 target price on the stock. The consensus estimate for NFI Group’s current full-year earnings is $1.28 per share.

NFI Group (TSE:NFI) last released its quarterly earnings data on Thursday, August 6th. The company reported C$0.33 earnings per share for the quarter. NFI Group had a net margin of 1.55% and a return on equity of 10.42%. The firm had revenue of C$1.46 billion during the quarter.

A number of other equities research analysts have also weighed in on the stock. Canaccord Genuity Group boosted their target price on shares of NFI Group from C$35.00 to C$36.00 and gave the company a “buy” rating in a research note on Monday, August 10th. Canadian Imperial Bank of Commerce lifted their price objective on NFI Group from C$22.00 to C$27.00 in a report on Tuesday, May 12th. BMO Capital Markets upped their price objective on NFI Group from C$27.00 to C$32.00 in a research report on Friday, August 7th. National Bank Financial increased their target price on NFI Group from C$29.00 to C$30.00 and gave the company an “outperform” rating in a report on Monday, August 10th. Finally, Stifel Nicolaus raised their target price on NFI Group from C$26.00 to C$31.00 and gave the stock a “buy” rating in a research report on Monday, August 10th. One research analyst has rated the stock with a Strong Buy rating and seven have assigned a Buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Buy” and an average target price of C$30.50.

NFI Group Trading Down 1.3%

Shares of NFI stock opened at C$23.30 on Friday. The company has a current ratio of 1.18, a quick ratio of 0.55 and a debt-to-equity ratio of 196.71. NFI Group has a 12-month low of C$12.50 and a 12-month high of C$26.40. The stock has a market capitalization of C$2.78 billion, a P/E ratio of 51.41, a P/E/G ratio of -0.07 and a beta of 0.16. The firm’s 50 day moving average is C$24.33 and its 200 day moving average is C$21.25.

Insiders Place Their Bets

In other NFI Group news, Director John Christopher Sapp purchased 1,900 shares of the company’s stock in a transaction dated Thursday, August 13th. The shares were acquired at an average price of C$24.88 per share, for a total transaction of C$47,272.00. Following the purchase, the director directly owned 27,243 shares of the company’s stock, valued at C$677,805.84. The trade was a 7.50% increase in their position. Also, Director Adam L. Gray acquired 5,200 shares of the business’s stock in a transaction dated Tuesday, May 26th. The shares were acquired at an average cost of C$22.55 per share, with a total value of C$117,260.00. Following the transaction, the director owned 25,556,415 shares in the company, valued at approximately C$576,297,158.25. This trade represents a 0.02% increase in their ownership of the stock. Over the last ninety days, insiders have acquired 10,660 shares of company stock worth $252,160. Company insiders own 0.62% of the company’s stock.

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¿.