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Stocks pop, but down during tariff weekTSX flat as tech pressures marketsMixed Friday, but positive weekThis summary was created by AI, based on 11 opinions in the last 12 months.
New Flyer Industries Inc. (NFI-T) is facing a challenging landscape with significant debt and supply chain issues, particularly concerning key components such as seats. Despite these challenges, the company has a solid market position as one of the few remaining providers of electric buses in the U.S., which presents potential for growth and expansion. Reviewers note that management has attempted to address financial concerns through debt refinancing, though many express caution due to uncertainties regarding government spending and tariffs affecting component costs. Some experts see potential for high performance if current issues are resolved and highlight the company's increasing backlog as a positive indicator. However, the lack of dividends and a volatile market remain significant concerns for potential investors.
At the end of the day, being a manufacturer is quite tough. Plus, they're in Canada. Significant amount of debt. Counting on smaller levels of government making orders, but there's not a lot of $$ to go around. These buses are a big capital expenditure, and it's hard to justify that in a budget. No dividend.
Instead look for a company that produces component parts at low cost, but very important to the vehicle. That component would have an element of pricing power.
$8 was a great buy. Support at $11.62, and if it breaks that, it could return to $8. Short-term, NFI looks good with this upswing and the wider market momentum. He doesn't know NFI's stock history, its fall from $60 to $8 (supply chain problems), but long-term there's weakness. The easy money has been made. Take 50% profits.
It's had a ride for the last 6 years. He once owned this back in 2018. Covid shut down their bus factories. Also, they had a leveraged balance sheet. Third, people aren't commuting to work as much compared to pre-Covid, so their order book is growing slower than once expected. They are adept are negotiating credit, so they're surviving. If you've owned this, think about selling it. NFI isn't out of the woods yet.
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
In the last year, 9 stock analysts published opinions about NFI-T. 4 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..
New Flyer Industries Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for New Flyer Industries Inc..
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.
9 stock analysts on Stockchase covered New Flyer Industries Inc. In the last year. It is a trending stock that is worth watching.
On 2025-04-15, New Flyer Industries Inc. (NFI-T) stock closed at a price of $11.31.
Struggled over the years. Good exposure to EVs. Problem is lots of leverage. As well, a bus can't be shipped if it's missing even 1 component; it has to wait. Exposed to tariffs, as it relies on US for some of those parts.
Management's done well refinancing debt and working through problems. If problems can be resolved, could have very high performance over next few years.