TSE:NFI

New Flyer Industries Inc. (NFI.TO)

22.28
-0.04 (0.18%)
as of Jun 8, 2026, 3:41:42 pm Market Open.
448 watching
0
Investor Insights
star iconJun 7, 2026, 12:00 am

This summary was created by AI, based on 6 opinions in the last 12 months.

New Flyer Industries Inc. (NFI-T) is seen by experts as a solid investment opportunity, particularly due to its strong backlog and reduced competition in the transit bus manufacturing industry. Although the company has faced supply chain challenges and production delays, particularly related to battery recalls, there is optimism that these issues are becoming manageable. Analysts note the importance of patience, as the backlog is expected to lead to significant profitability in the future. The stock is viewed as undervalued during current market conditions, particularly in the face of recent tax-loss selling, which experts believe has unfairly punished the company. Additionally, the public funding for transit services remains strong, and the company is uniquely positioned to benefit from emerging market demands, especially in electric buses.

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Consensus
Positive
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Valuation
Undervalued
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BUY
It came down a long way from 4 times book and is now at a strong technical support levels at 1.5 times book since Oct 2019 and now might be lifting off, giving it a target of $36.
HOLD
They have done nothing but disappoint for the last couple of quarters. He kept it because the valuation changed and no one expects anything from this company. He is going to give it a couple more quarters.
BUY
Buy now. It's holding current levels and poised to rise. Play it up to $40.
TOP PICK
The stock was punished a while ago and now the valuation is just too attractive. The UK acquisition has been slow to provide returns. They are the largest manufacturer of motor coaches in North America and there is a lot of public transit infrastructure that will need to be replaced in the years to come. The downside, relative to upside potential, makes this a good investment. Yield 5.90% (Analysts’ price target is $33.44)
BUY ON WEAKNESS

A value stock that has been much higher in the past. It looks cheap today. CIBC analysts expect the takeover value to be $40 per share. He would be a buyer at $27 and has been doing so for his own account.

PARTIAL BUY

It's dropped a lot, but a solid long-term compounder. Keep an eye on American cities and their budgets. NFI has benefitted from past budgets. He believes NFI will again in the future. You can accumulate at current levels.

DON'T BUY
Their competitors have an electric bus and NFI is struggling with that transition away from fossil fuel buses. A value trap.
WAIT
He would not be a buyer today because there is a pending transition to electric buses. Municipalities are holding back until they become more main-stream. Wait one to two years to see larger orders.
PAST TOP PICK
(A Top Pick Jan 28/19, Down 19%) Growth has slowed down a little bit. Some of the bigger orders have slowed down as municipalities consider going electric. They pay a good dividend.
SELL
NFI-T is a tax-loss candidate; New Flyer's deliveries are below expectations and their UK acquisition needs time. The stock is overly punished, though, and will stay in this range for a while.
BUY ON WEAKNESS
The company was well loved by the market and was executed well. They have made good acquisitions. Then they had a fall from grace this year and there is negative sentiment now. There is a transition from gas to electric buses and this is a good niche. They have debt and are holding off on certain investments. However, there is good value here and pay a great dividend. Cash flow is also good.
TOP PICK
They recently under-performed. It bounced down to $26 three times in the last four months. They ramped up a manufacturing plant for parts that didn't do so well. They are a leader in electrification of public transit. This is a company that can keep the dividend intact and grow it for the next couple of decades. (Analysts’ price target is $34.64)
WATCH
He follows the stock. In recent times, he’s been tempted to step in. However, he thinks it’s a little early. He needs to see a base form and better numbers for backlog. They are in a good business, urban buses. Lots of production in the states so there is no problems. Just a little early. If there is an upward trend and better orders, he would look to buy it.
DON'T BUY
Competition has picked up, and there aren't as many orders to go around. Dropping delivery numbers, struggling to meet earnings expectations, and so volatility is increasing. Turnaround may take a while. Be cautious. Yield is 6%.
DON'T BUY
Used to own it. He was concerned with a recent acquisition, but more important is peak demand in transit buses, borne out in declining sales misses in the past 7 quarters, which isn't abating. We are nearing the bottom, so don't enter this yet. A wild card is 90% of their business comes from America, and what will the next president think?
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