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NFI Group Inc. (NFI.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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31.80+1.49 (+4.92%)
At close: 4:00PM EST
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  • I
    IfItlooks
    BRIEF-NFI Group Sees 2021 Revenue $2.8 Bln To $2.9 Bln
    Jan 11 (Reuters) - Group Inc :
    * NFI GROUP CONFIRMS 2020 GUIDANCE, AND PROVIDES 2021 GUIDANCE AND 2025 FINANCIAL TARGETS AT INVESTOR DAY
    * SEES 2021 ADJUSTED EBITDA RANGE OF $220 MILLION TO $240 MILLION
    * SEES LONGER-TERM TARGETS FOR 2025 OF ADJUSTED EBITDA OF $400 MILLION TO $450 MILLION
    * SEES 2021 REVENUE $2.8 BILLION - $2.9 BILLION
    * SEES LONGER TERM TARGETS FOR 2025 OF REVENUE $3.9 BILLION - $4.1 BILLION
    * FY2021 REVENUE VIEW $2.54 BILLION -- REFINITIV IBES DATA
    * FY2020 EARNINGS PER SHARE VIEW $-0.75, REVENUE VIEW $2.37 BILLION -- REFINITIV IBES DATA

    Source text for Eikon: [ID:nCNW8m9zQa] Further company coverage:
  • B
    Benjamin
    "New Orleans Regional Transit Authority revitalizes transit with 22 more clean diesel buses from
    New Flyer"

    source: NFI website
    gap up on Monday.
  • M
    Munish
    This stock seems to be extremely undervalued if we compare with similar companies trading on US side
  • I
    Ian MacDonald
    More news just came out, I posted a link but apparently posting links is not allowwed.
  • B
    Ben
    do you think we will see 22 again. I wasn't done loading
  • N
    Nabee
    buy buy buy

    it's time to buy
  • T
    Take My Money
    Is the guidance the only reason this thing is up so much today?
  • G
    Guy S
    Share price is one thing, but this company has major management issues internally...revolving door for employment... definitely not what it was a few years ago...hard to say how they will actually do going forward.... hopefully some changes the executive team?? Would be fabulous for them in my opinion.
  • V
    Vinno
  • G
    Guy S
    This pump going to bleed once big money moves out soon... factory half capacity due to covid, cities have no money for new buses.... terrible industry to buy into at this point in time.... glta...
  • M
    Michael
    news today, some ontario cities have been approved for funding to launch pilot NFI electric bus projects. Heres an anouncement tweet from the mayor of ottawa: https://twitter.com/JimWatsonOttawa/status/1334623534165979147
  • B
    Bk
    Up listing on Nasdaq/NYSE plus a major EV reveal next month is bringing this back to highs. Good luck to all 2021 is the year of New Flyer.
  • O
    Omar
    London, Chicago, Amsterdam, Barcelona, Athens, Cape Town, Copenhagen, Milan, Oslo, Paris, Seattle, Vancouver, and more. All these cities are going to be fossil-free within 10 years, and majority planning to have electric buses by 2025. NFI has great opportunity in the next 5 years to be #1 busses manufacturer worldwide, with it's great experience in electric buses, and pervious business with world's big cities. 5 years to the moon 🚀
  • V
    Vinno
  • L
    LadaNiva
    Good company, terrible balance sheet. My fear is the creditors will eventually own this when the interest rate cycle turns up as it appears to be doing. US 10 year rates have almost doubled since August (.55% to .92%. Free money can't continue forever and it NFI's borrowing costs go back to historical norms, they won't be able to pay interest on that mountain of debt. Even worse, their liquidity position is horrible with minimal cash to total liabilities. How the hell can they keep paying phantom dividends from no profit? Sorry to the longs but I wouldn't touch this. Again, like what the company produces but unless someone with a magic wand can wipe out about $1 billion in debt, the only winners here will be the creditors.
  • S
    Sidney
    15% in one day?! I guess anything related to electricity are bond to jump in 2021
  • k
    kol
    nice to be back
  • A
    Aleksejs
    Welcome to EV bubble ladies and gents
  • P
    Pierre-Olivier
    Any news justifying this down swing?
  • c
    calvin114
    They''ve used taxpayers money to pay themselves dividends and prop up the share price. https://financialpost.com/investing/canadian-companies-that-received-cews-and-kept-paying-a-dividend