Related posts

Weekly 52-Week Low (or 52-Week High): DR-T, PLC-T, CUU-X, EXRO-X and More 52-Week Highs and Lows (Jun 05-11)Stocks climb, but megatech sinksStocks extend gains entering tech earnings week
Investor Insights

This summary was created by AI, based on 13 opinions in the last 12 months.

Various experts have different opinions on the stock of New Flyer Industries Inc. Some believe that the company has managed to stave off bankruptcy, but still faces challenges such as supply chain problems and debt issues. Others mention the company's potential for growth due to rising demand for buses and its position as one of the last busmakers in North America. However, concerns about the company's ability to deliver on orders and its financial viability persist. Overall, the stock seems to have potential for growth but also carries significant risks.

Consensus
Mixed
Valuation
Fair Value
PARTIAL BUY

Chart had broken out and spiked up. Next level of resistance around $23, and then $26. You can tell yourself you'll buy when it comes back 25%, but it might never do that. Likes this name. Ignore market craziness, and focus on company fundamentals.

Automotive
WEAK BUY

It had good news lately with better than expected results and a big increase in backlog. Margins however have been weak and need to go back to previous levels. He considers it a speculative buy.

Automotive
DON'T BUY

Elevated debt. Strong market position with public transit buses. He struggles with the growth. Issues with expenses and suppliers. Tough business, topline pressure.

Automotive
RISKY

Creditors and government agencies has staved company off from bankruptcy. Looking forward - demand for buses will continue to rise. Would be a risky position to take, would recommend small position. 

Automotive
PARTIAL SELL
Caller bought this at $8 lows

$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.

Automotive
SELL

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.

Automotive
Unspecified

It makes electric buses which is a tough business for consistent results. It could be a bumpy ride with too many unhappy shareholders. It is healing a little bit and if buying use a stop loss at $11.50

Automotive
PARTIAL SELL

You can't plan for black swan events. Portfolio management is your best friend. Great run since last May. If you bought at $8.50, and the stock's down today from around $13, he'd take some off the table but keep your position. Support around $11.60, $1 below where it is right now.

Automotive
COMMENT

A problematic stock. They were behind on debt payments, but have worked things out with creditors. As one of the last busmakers in North America, they will benefit from future bus orders from cities. It has risen from recent (extreme) lows, due to settling financing problems.  A riskier-than-normal stock. If sales tick up, shares could leap by multiples, but who knows when?

Automotive
BUY

Chart indicating a good time to buy. Recent turn around from downward trend. Looks as if company has reversed fortunes. Base has broken out which is positive news. 

Automotive
RISKY

End product is desirable, but supply chains have really hurt it. Reported this morning, and the market is cheering that news. High-risk name. Not for the faint of heart, but perhaps it's turned a corner.

Automotive
TOP PICK

It's gone wrong for him in the past, but opportunities still continue to grow--they're the only maker of EV buses in North America that suits the Buy-America rule. Covid and supply chains were tough for the company, sure, but better days lie ahead. There's less competition and more opportunity. He bought a lot of shares at $9. The valuation should be better. Financing issues are sorted out.

(Analysts’ price target is $11.83)
Automotive
Unspecified

It has completed a $300 financing and the number of shares has risen by 40%. It has a record order backlog of EV buses but profit margins are expected to be weaker in the next couple of years. Watch for insider buying.

Automotive
DON'T BUY

Canadian bus maker plagued by equipment problems (can't find inventory).
Inflation making business hard to generate profits.
Wait to see how business goes before buying.
Management needs to prove themselves. 
Recent issuance if equity not good for shareholders. 

Automotive
DON'T BUY

Lots of supply problems, but dissipating rapidly. Quite a debt issue. Inflation caused losses on contracts. Had to issue shares. Company will survive, but how will the shareholders do? Stock's probably bottomed, but it will be a long slog.

Automotive
Showing 1 to 15 of 452 entries

New Flyer Industries Inc.(NFI-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 5

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 5

Total Signals / Votes : 10

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, 10 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?

10 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 2024-06-14, New Flyer Industries Inc. (NFI-T) stock closed at a price of $15.96.