FY2024 EPS Estimate for NFI Group Decreased by Analyst

NFI Group Inc. (TSE:NFI - Free Report) - Stock analysts at Stifel Canada lowered their FY2024 earnings per share (EPS) estimates for NFI Group in a research note issued to investors on Sunday, November 10th. Stifel Canada analyst D. Young now anticipates that the company will post earnings per share of ($0.13) for the year, down from their previous estimate of $0.19. The consensus estimate for NFI Group's current full-year earnings is $1.28 per share. Stifel Canada also issued estimates for NFI Group's Q4 2024 earnings at $0.07 EPS.

A number of other research analysts also recently issued reports on the stock. National Bankshares lifted their price target on shares of NFI Group from C$21.00 to C$22.00 and gave the stock an "outperform" rating in a research note on Friday, August 2nd. ATB Capital raised their price target on NFI Group from C$18.00 to C$22.00 and gave the company an "outperform" rating in a research note on Friday, August 2nd. Cibc World Mkts raised NFI Group from a "strong sell" rating to a "hold" rating in a research report on Friday, August 2nd. Stifel Nicolaus boosted their target price on NFI Group from C$18.00 to C$23.00 in a research note on Tuesday, August 6th. Finally, CIBC lowered their price target on NFI Group from C$19.50 to C$18.50 in a report on Friday, November 8th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of C$21.70.

NFI Group Stock Up 0.7 %

TSE NFI traded up C$0.10 during trading hours on Wednesday, hitting C$15.45. 298,884 shares of the company were exchanged, compared to its average volume of 236,628. The company has a 50 day moving average of C$17.74 and a two-hundred day moving average of C$16.61. The company has a quick ratio of 0.55, a current ratio of 1.74 and a debt-to-equity ratio of 164.92. The firm has a market cap of C$1.84 billion, a price-to-earnings ratio of -34.89, a PEG ratio of -0.07 and a beta of 1.41. NFI Group has a 52-week low of C$10.89 and a 52-week high of C$19.55.

NFI Group Company Profile

NFI Group Inc, together with its subsidiaries, manufactures and sells buses in North America, the United Kingdom, rest of Europe, and the Asia Pacific. It operates through Manufacturing Operations and Aftermarket Operations segments. The Manufacturing Operations segment design, manufacture, service, and support transit buses, coaches, medium-duty shuttles, and low floor cutaway buses.