Brokers Set Expectations for NFI Group Q4 Earnings

NFI Group Inc. (TSE:NFI) – Equities researchers at National Bank Financial issued their Q4 2024 EPS estimates for shares of NFI Group in a research report issued on Tuesday, February 4th. National Bank Financial analyst C. Doerksen expects that the company will post earnings of $0.06 per share for the quarter. The consensus estimate for NFI Group’s current full-year earnings is $1.28 per share. National Bank Financial also issued estimates for NFI Group’s FY2025 earnings at $0.88 EPS.

NFI Group (TSE:NFI) last announced its earnings results on Wednesday, November 6th. The company reported C($0.05) earnings per share for the quarter, missing analysts’ consensus estimates of C$0.05 by C($0.10). NFI Group had a negative return on equity of 8.17% and a negative net margin of 1.59%.

A number of other equities analysts have also weighed in on NFI. BMO Capital Markets lowered shares of NFI Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 31st. CIBC increased their price objective on shares of NFI Group from C$18.50 to C$21.00 in a research note on Wednesday, December 4th. Finally, Cibc World Mkts upgraded shares of NFI Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, December 4th. Two analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, NFI Group currently has an average rating of “Moderate Buy” and an average price target of C$22.20.

NFI Group Price Performance

Shares of TSE NFI opened at C$10.61 on Thursday. The firm has a market cap of C$1.26 billion, a PE ratio of -24.11, a PEG ratio of -0.07 and a beta of 1.41. The company has a current ratio of 1.74, a quick ratio of 0.55 and a debt-to-equity ratio of 164.92. NFI Group has a 1-year low of C$10.49 and a 1-year high of C$19.55. The company has a fifty day moving average price of C$13.52 and a 200 day moving average price of C$16.09.

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.