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Most Anticipated Earnings: IAG-T, BDT-T and more Canadian Companies Reporting Earnings this Week (Nov 04-08)Fed cuts 50 points, stocks fadeWeak economic data sinks stocksThis summary was created by AI, based on 1 opinions in the last 12 months.
The experts' reviews indicate that NFI Group Inc continues to struggle with debt, but recent positive quarterly results and a large back log provide some hope. The stock is perceived as risky, with a high forward-earnings multiple but cheap on a forward-sales basis. Experts suggest that the recent jump in stock price may present an opportunistic time for investors to consider letting go of it, as it is not deemed as a buy and hold stock.
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Strong and growing backlog. Margins shrinking considerably. Weak balance sheet. Recent covenant relief. Unlock Premium - Try 5i Free
NFI Group 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, 1 stock analyst published opinions about NFi-T. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for NFI Group Inc.
NFI Group Inc was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for NFI Group 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.
1 stock analyst on Stockchase covered NFI Group Inc In the last year. It is a trending stock that is worth watching.
On 2024-11-15, NFI Group Inc (NFi-T) stock closed at a price of $15.12.
Debt continues to be a large deterrent for NFI, however, recent quarterly results were positive and the company's back log is very large. The stock trades at 40x forward-earnings but is cheap on a forward-sales basis at 0.4x. We think NFI is risky and with the recent jump it has had, if an investor was planning on letting go of it, we think now could be an opportunistic time. It is not a buy and hold stock.
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