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

NFI Group Inc. (TSE:NFI) Director John Christopher Sapp bought 1,900 shares of the company’s stock in a transaction dated Thursday, August 13th. The stock was purchased at an average price of C$24.88 per share, with a total value of C$47,272.00. Following the completion of the transaction, the director directly owned 27,243 shares in the company, valued at approximately C$677,805.84. This represents a 7.50% increase in their position.

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

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

NFI Group Stock Performance

TSE NFI opened at C$23.45 on Wednesday. The firm’s 50 day simple moving average is C$24.28 and its 200 day simple moving average is C$21.16. The firm has a market capitalization of C$2.79 billion, a price-to-earnings ratio of 51.74, a P/E/G ratio of -0.07 and a beta of 0.16. 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 Inc. has a 1 year low of C$12.50 and a 1 year high of C$26.40.

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

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on NFI shares. ATB Cormark Capital Markets boosted their price target on NFI Group from C$31.00 to C$32.00 and gave the stock an “outperform” rating in a report on Monday, August 10th. Stifel Nicolaus boosted their target price on NFI Group from C$26.00 to C$31.00 and gave the stock a “buy” rating in a research note on Monday, August 10th. Canadian Imperial Bank of Commerce increased their target price on shares of NFI Group from C$22.00 to C$27.00 in a report on Tuesday, May 12th. Scotiabank raised 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 research note on Wednesday, August 12th. Finally, TD lifted their price target on shares of NFI Group from C$26.00 to C$33.00 and gave the company a “buy” rating in a 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. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of C$30.50.

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¿.