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Wednesday, December 18, 2024

NFI Group Stock Forecast, Price & News (NFI:TSX)

Analysts rate NFI Stock TSX with a consensus Buy rating with a 12-month average target price of CAD 18.73 per share.

STA Research downgrades NFI Group Inc. to Hold at CAD 15 target price

Scotiabank Capital maintains the outperform rating at CAD 18 target price

Based on the NFI stock TSX forecasts from 8 analysts, the average analyst target price for NFI Group Inc. is CAD 18.73 over the next 12 months. NFI stock TSX has an average analyst rating of Buy. Stock Target Advisor’s own stock analysis of NFI stock TSX. is Very Bullish, which is based on 18 positive signals and 1 negative signal. At the last closing, NFI Group Inc.’s stock price was CAD 13.46. NFI Group Inc.’s stock price has changed by +0.95% over the past week, +0.81% over the past month and -52.40% over the last year.

NFI Group Inc., together with its subsidiaries, builds and sells buses in North America, the United Kingdom, Europe, the Asia Pacific, and globally. It works via two sectors, Manufacturing Operations and Aftermarket Operations. The company was formerly known as New Flyer Industries Inc. and changed its name to NFI Group Inc. in May 2018. NFI Group Inc. was founded in 1930 and is headquartered in Winnipeg, Canada.

What we like:

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior risk adjusted returns

This stock has performed well, on a risk-adjusted basis, compared to its sector peers (for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers (for a hold period of at least 12 months) and are in the top quartile. Although stability is good, also keep in mind it can limit returns.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on a total return basis, for investors seeking high income yields.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price-to-earnings basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Underpriced compared to book value

The stock is trading low compared to its peers on a price-to-book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Underpriced on a cash flow basis

The stock is trading low compared to its peers on a price-to-cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior return on equity

The company management has delivered a better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered a better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on assets

The company management has delivered a better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Low debt

The company is less leveraged than its peers and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Underpriced on a free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior Earnings Growth

This stock has shown top quartile earnings growth compared to its sector in the previous 5 years.

Superior Revenue Growth

This stock has shown top quartile revenue growth compared to its sector in the previous 5 years.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What we don’t like:

Overpriced on a free cash flow basis

The stock is trading high compared to its peers on a price-to-free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering buying.

Uneeb Khan
Uneeb Khan
Uneeb Khan CEO at blogili.com. Have 4 years of experience in the websites field. Uneeb Khan is the premier and most trustworthy informer for technology, telecom, business, auto news, games review in World.

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