Buy, Sell or Hold: New Flyer Industries Inc. (NFI-T)

TSE:NFI

23.99

0.58 (2.36%) 1d

Showing 1 to 15 of 404 entries

COMMENT

Buying a call for February? Going to miss numbers by a huge 40% due to supply chain issues. Long-term story doesn't change, but this impacts their balance sheet. Problem with buying a call is you're putting a gun to your head that it's got to work by February. He'd rather sell the put over the next 3-4 months, around $20. Will be in the penalty box for a while. Credibility is important with every stock, and this did raise eyebrows.

Automotive

HOLD

They have been suffering like other vehicle manufacturing companies from supply constraints. He would let the dust settle before buying or just hang on if you have it.

Automotive

HOLD

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The 2021 guidance was cut due to supply chain disruptions and logistics delay. Revenues are expected to be in the range of $2.3M-$2.5M, down from $2.8B. There will be some volatility in results for the next few quarters. The stock is still up 31% compared to last year and there is a decent backlog. Unlock Premium - Try 5i Free

Automotive

TOP PICK

Value and cyclicality. Biden infrastructure deal is legit. Focus on green new economy in Canada and US is the real deal. With their rapid cycle of product innovation they're prepared to capitalize handsomely on this generational refresh of transportation. Earnings will potentially grow fivefold between 2021-25. Shares are undervalued. Strong growth ahead. Yield is 3.06%. (Analysts’ price target is $34.00)

Automotive

HOLD

A leader in transit buses in NA. A good long term growing area. Last year, it got to compelling levels and has rallied off the bottom. The covid scenario has brought questions on the transit area. Usage of cars and gas demand is high. Mass transit is still constrained. We do not know if transit usage will come back to trends. Governments are spending through debt but this will come to a stop at some point.

Automotive

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TOP PICK

Winnipeg busmaker was once a Bay Street darling, then production numbers tanked before Covid sent the stock went into purgatory. Emerging from the lockdown, though, NFI is now in a good position to capitalize on the e-vehicle trend. The busmaker is rolling out more zero-emission vehicles, which cities across North American will favour under the eco-friendly Biden administration. Jurisdictions across North America will need to replace their aging fleets, anyway. NFI has also been expanding into Europe, including the U.K. In fact, at the end of June, NFI delivered four double-decker e-buses to Edinburgh. The street targets $34.67 or 24% upside based on six buys. The stock has edged up in the last weeks, but remains $5 below its 52-week high. Pick it up and see where the ride takes you before committing more, and collect the 3% dividend yield.

Automotive

WATCH

Retraced quite a bit, and has now had quite a nice upward move. The theory is that infrastructure, renewables, and EVs will be positive for the stock. That may all work out, but the company's failed to deliver on what they say they're going to do for a number of years. Monitor to see if they can produce stable financial results.

Automotive

TOP PICK

They are geared toward the re-opening of the economy. Quietly they are becoming an electric vehicle infrastructure company. Electric buses have a longer life than fossil fuel buses. (Analysts’ price target is $34.00)

Automotive

BUY

He likes it here. It is depressed following a drop off in orders. He thinks we will see public transit utilization improve as cities start to open. They create electric buses also. It is a good recovery play.

Automotive

SHORT

An industrial sector stock that does well in this type of environment. Has been a volatile stock with negative ROE. Cashflow is poor too. Interest coverage is not good. Yield is there but payout ratio is high.

Automotive

WATCH

Mixed track record with production challenges, debt. Recently there's been optimism around EVs, and NFI is one of the larger companies to participate in the trend. Electrification is a small portion of their business, and there are some growth opportunities. Dividend is probably sustainable. He'd want to see more consistent performance before buying.

Automotive

BUY

You want Canadian industrial companies. Making zero emission buses. Trading at 19x 2022 PE. Nice revenue and earnings growth. Adding here. They do have an extended balance sheet. Interest rates are very low. Nice growth potential over the next year or two.

Automotive

TOP PICK

A recovery stock. NFI will enjoy pent-up demand as the public sector re-supplies their bus fleets with e-buses, which NFI is well-positioned to supply. NFI has a balance of manufacturing buses in the U.S. as well as Canada, which will satisfy made-in-America requirements. This pays a 3% yield and is well-priced. Will benefit from the trend towards green mass transit. (Analysts’ price target is $36.53)

Automotive

TOP PICK

A dominant manufacturers for transit buses for cities, states and local governments in North America. They are growing their presence in the UK and Europe with recent acquisition. There is also a smaller coach, after-market parts/services business with fledgling infrastructure business. Earnings are cyclically depressed but they could grow as much as 5 fold. There is a huge refresh cycle for EV buses from legacy fleet. Undervalued here. (Analysts’ price target is $36.53)

Automotive

BUY

In the context of carbon tax announcements and the green push in US government Generally, yes, he'd buy this. There is a green push which will benefit NFI in the next couple of years. As for the Covid effect: People riding transit are extremely cautious and practice safety measures like distancing. Secondly, a company called Gatekeeper will take a passenger's body temperature as they board the bus, as applied to kids boarding school buses.

Automotive

Showing 1 to 15 of 404 entries

New Flyer Industries Inc.(NFI-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 5

Neutral - Hold Signals / Votes : 3

Bearish - Sell Signals / Votes : 5

Total Signals / Votes : 13

Stockchase rating for New Flyer Industries Inc. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

New Flyer Industries Inc.(NFI-T) Frequently Asked Questions

What is New Flyer Industries Inc. stock symbol?

New Flyer Industries Inc. is a Canadian stock, trading under the symbol NFI-T on the Toronto Stock Exchange (NFI-CT). It is usually referred to as TSX:NFI or NFI-T

Is New Flyer Industries Inc. a buy or a sell?

In the last year, 13 stock analysts published opinions about NFI-T. 5 analysts recommended to BUY the stock. 5 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for New Flyer Industries Inc..

Is New Flyer Industries Inc. a good investment or a top pick?

New Flyer Industries Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for New Flyer Industries Inc..

Why is New Flyer Industries Inc. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is New Flyer Industries Inc. worth watching?

13 stock analysts on Stockchase covered New Flyer Industries Inc. In the last year. It is a trending stock that is worth watching.

What is New Flyer Industries Inc. stock price?

On 2021-09-24, New Flyer Industries Inc. (NFI-T) stock closed at a price of $23.99.

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