NFI Group (TSE:NFI) Insider Purchases C$66,174.00 in Stock

NFI Group Inc. (TSE:NFI) insider Brian Keith Dewsnup acquired 4,100 shares of the firm’s stock in a transaction that occurred on Friday, December 26th. The stock was purchased at an average price of C$16.14 per share, with a total value of C$66,174.00. Following the completion of the acquisition, the insider directly owned 69,010 shares of the company’s stock, valued at C$1,113,821.40. This represents a 6.32% increase in their ownership of the stock.

Brian Keith Dewsnup also recently made the following trade(s):

• On Friday, December 26th, Brian Keith Dewsnup bought 800 shares of NFI Group stock. The stock was purchased at an average price of C$15.98 per share, with a total value of C$12,784.00.
• On Friday, December 26th, Brian Keith Dewsnup bought 100 shares of NFI Group stock. The stock was purchased at an average price of C$15.99 per share, with a total value of C$1,599.00.

NFI Group Stock Up 0.1%

Shares of NFI traded up C$0.01 during mid-day trading on Friday, hitting C$16.68. 106,278 shares of the company traded hands, compared to its average volume of 297,358. The company has a market capitalization of C$1.99 billion, a PE ratio of -6.84, a price-to-earnings-growth ratio of -0.07 and a beta of 0.60. The company has a quick ratio of 0.55, a current ratio of 1.71 and a debt-to-equity ratio of 171.59. NFI Group Inc. has a 1-year low of C$9.83 and a 1-year high of C$19.90. The business has a 50 day moving average of C$14.90 and a 200 day moving average of C$16.23.

NFI Group (TSE:NFI) last issued its quarterly earnings results on Thursday, November 6th. The company reported C$0.10 earnings per share for the quarter. NFI Group had a negative net margin of 0.79% and a negative return on equity of 3.45%. Equities research analysts anticipate that NFI Group Inc. will post 1.2814107 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on NFI shares. BMO Capital Markets decreased their price objective on shares of NFI Group from C$18.00 to C$17.00 in a report on Monday, December 8th. Scotiabank dropped their price objective on shares of NFI Group from C$23.00 to C$22.00 in a research report on Monday, September 29th. National Bankshares decreased their price objective on shares of NFI Group from C$23.00 to C$22.00 and set an “outperform” rating for the company in a research report on Monday, September 29th. Finally, CIBC dropped their price objective on NFI Group from C$23.00 to C$20.00 and set an “outperform” rating on the stock in a report on Monday, September 29th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, NFI Group currently has a consensus rating of “Buy” and an average target price of C$21.67.

About NFI Group

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¿.