John Christopher Sapp Buys 1,900 Shares of NFI Group (TSE:NFI) Stock

NFI Group Inc. (TSE:NFI) Director John Christopher Sapp acquired 1,900 shares of the business’s stock in a transaction on Thursday, August 13th. The shares were purchased 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. This represents a 7.50% increase in their ownership of the stock.

John Christopher Sapp also recently made the following trade(s):

• On Wednesday, August 12th, John Christopher Sapp bought 1,845 shares of NFI Group stock. The shares were purchased at an average cost of C$25.74 per share, for a total transaction of C$47,490.30.

NFI Group Stock Performance

Shares of NFI traded down C$0.33 during mid-day trading on Monday, hitting C$24.05. The stock had a trading volume of 141,768 shares, compared to its average volume of 317,853. NFI Group Inc. has a fifty-two week low of C$12.50 and a fifty-two week high of C$26.40. The company has a quick ratio of 0.55, a current ratio of 1.18 and a debt-to-equity ratio of 196.71. The company has a market cap of C$2.86 billion, a PE ratio of 53.07, a PEG ratio of -0.07 and a beta of 0.16. The company’s fifty day simple moving average is C$24.24 and its two-hundred day simple moving average is C$21.06.

NFI Group (TSE:NFI) last posted its quarterly earnings results on Thursday, August 6th. The company reported C$0.33 earnings per share (EPS) for the quarter. The business had revenue of C$1.46 billion for the quarter. NFI Group had a return on equity of 10.42% and a net margin of 1.55%. On average, equities analysts expect that NFI Group Inc. will post 1.2814107 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on NFI shares. National Bank Financial increased their target price on shares of NFI Group from C$29.00 to C$30.00 and gave the stock an “outperform” rating in a report on Monday, August 10th. Scotiabank lifted their price target on shares of NFI Group from C$27.00 to C$28.50 and gave the company a “sector outperform” rating in a report on Wednesday, August 12th. Canadian Imperial Bank of Commerce boosted their price objective on shares of NFI Group from C$22.00 to C$27.00 in a research report on Tuesday, May 12th. Canaccord Genuity Group increased their price objective on shares of NFI Group from C$35.00 to C$36.00 and gave the stock a “buy” rating in a research note on Monday, August 10th. Finally, ATB Cormark Capital Markets raised their target price on shares of NFI Group from C$31.00 to C$32.00 and gave the stock an “outperform” rating in a report on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating and seven have assigned a Buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of C$30.50.

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¿.