
TSE:NFI
This summary was created by AI, based on 5 opinions in the last 12 months.
New Flyer Industries Inc. (NFI-T) has garnered a series of positive reviews from experts, suggesting that the most challenging period for the company may be behind it. Several analysts note that the company is currently at an earnings inflection point, with a growing backlog of orders indicating potential for improved profitability. Although the company has faced significant supply chain issues and some product recalls, the belief is that these challenges are transitory rather than systemic. Amid a landscape where some competitors have exited the market, New Flyer appears to now possess greater pricing power. Moreover, the hope for a reinstatement of dividends in the near future adds to the optimism surrounding its financial recovery and growth.
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.