
TSE:NFI
This summary was created by AI, based on 5 opinions in the last 12 months.
New Flyer Industries Inc. (NFI-T) is emerging from a difficult period, with experts noting that the worst may be behind them as indications point towards an earnings inflection. Despite facing significant supply chain challenges and a recent battery recall, the company enjoys a solid backlog of orders and improved pricing power due to reduced competition in the sector. Some analysts view recent market conditions as an opportunity for investors to accumulate shares, emphasizing that while the business remains complex, it also provides essential services that are difficult to displace. There is cautious optimism regarding the reinstatement of dividends in the future, indicating a potential turnaround. Overall, experts are encouraging patience, as the company is poised for a stronger future performance once current issues are resolved.
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.