NFI Group (TSE:NFI) Director Buys C$312,300.00 in Stock

NFI Group Inc. (TSE:NFI) Director Colin Robertson acquired 15,000 shares of the business’s stock in a transaction dated Wednesday, May 13th. The stock was acquired at an average price of C$20.82 per share, for a total transaction of C$312,300.00. Following the completion of the transaction, the director owned 333,783 shares in the company, valued at approximately C$6,949,362.06. The trade was a 4.71% increase in their position.

Colin Robertson also recently made the following trade(s):

• On Wednesday, May 13th, Colin Robertson acquired 10,000 shares of NFI Group stock. The stock was acquired at an average price of C$20.82 per share, for a total transaction of C$208,200.00.

NFI Group Trading Up 1.2%

Shares of NFI stock traded up C$0.25 during trading hours on Wednesday, reaching C$20.26. The company’s stock had a trading volume of 131,242 shares, compared to its average volume of 350,905. The stock has a market capitalization of C$2.41 billion, a P/E ratio of -19.43, a P/E/G ratio of -0.07 and a beta of 0.01. NFI Group Inc. has a one year low of C$12.50 and a one year high of C$21.98. The firm’s fifty day simple moving average is C$19.62 and its 200 day simple moving average is C$16.98. The company has a current ratio of 1.25, a quick ratio of 0.55 and a debt-to-equity ratio of 221.05.

NFI Group (TSE:NFI) last issued its quarterly earnings data on Thursday, May 7th. The company reported C$0.25 earnings per share for the quarter. The firm had revenue of C$1.17 billion for the quarter. NFI Group had a negative return on equity of 22.22% and a negative net margin of 3.32%. Equities research analysts expect that NFI Group Inc. will post 1.2814107 EPS for the current year.

Analyst Ratings Changes

A number of brokerages have recently weighed in on NFI. TD Securities upgraded NFI Group to a “strong-buy” rating in a research report on Friday, January 30th. TD lifted their price target on NFI Group from C$25.00 to C$26.00 and gave the company a “buy” rating in a research report on Monday, May 11th. Scotiabank lifted their price target on NFI Group from C$24.50 to C$25.00 and gave the company a “sector outperform” rating in a research report on Monday, May 11th. Canadian Imperial Bank of Commerce lifted their price target on NFI Group from C$22.00 to C$27.00 in a research report on Tuesday, May 12th. Finally, National Bank Financial lifted their price target on NFI Group from C$22.00 to C$26.00 and gave the company an “outperform” rating in a research report on Monday, May 11th. Two investment analysts have rated the stock with a Strong Buy rating and six have issued a Buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of C$25.00.

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¿.