Q4 Earnings Forecast for NFI Group Issued By Atb Cap Markets

NFI Group Inc. (TSE:NFI) – Research analysts at Atb Cap Markets boosted their Q4 2024 earnings estimates for shares of NFI Group in a research report issued on Wednesday, March 5th. Atb Cap Markets analyst C. Murray now anticipates that the company will earn $0.07 per share for the quarter, up from their previous forecast of $0.06. The consensus estimate for NFI Group’s current full-year earnings is $1.28 per share. Atb Cap Markets also issued estimates for NFI Group’s Q1 2025 earnings at $0.13 EPS, Q2 2025 earnings at $0.21 EPS, Q3 2025 earnings at $0.33 EPS, Q4 2025 earnings at $0.51 EPS, FY2025 earnings at $1.16 EPS, Q1 2026 earnings at $0.21 EPS, Q2 2026 earnings at $0.34 EPS, Q3 2026 earnings at $0.47 EPS, Q4 2026 earnings at $0.89 EPS and FY2026 earnings at $1.92 EPS.

NFI has been the topic of a number of other reports. CIBC upped their price objective on NFI Group from C$18.50 to C$21.00 in a report on Wednesday, December 4th. Cibc World Mkts raised shares of NFI Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, December 4th. Finally, ATB Capital raised their price target on shares of NFI Group from C$22.00 to C$24.00 and gave the stock an “outperform” rating in a research report on Thursday. Two analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of C$22.60.

NFI Group Price Performance

Shares of TSE NFI opened at C$11.28 on Friday. The firm has a market cap of C$934.90 million, a P/E ratio of -38.64, a price-to-earnings-growth ratio of -0.07 and a beta of 1.41. The business’s 50 day moving average is C$12.35 and its 200-day moving average is C$15.15. The company has a current ratio of 1.71, a quick ratio of 0.55 and a debt-to-equity ratio of 171.59. NFI Group has a 1-year low of C$9.91 and a 1-year high of C$19.55.

About NFI Group

NFI Group Inc is a Canadian automobile manufacturer. The company organizes itself into two segments: Manufacturing operations, and Aftermarket operations. Manufacturing operations, which represents more than half of the company’s revenue, includes the manufacture of transit buses for public transportation, and motor coaches.