New Flyer Industries (NFI) Announces Quarterly Earnings, Misses Estimates By $0.09 EPS
New Flyer Industries (TSE:NFI) released its earnings data on Thursday. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by $0.09, AR Network reports.
On a related note, analysts at Canaccord Genuity raised their price target on shares of New Flyer Industries from C$11.50 to C$11.75 in a research note on Wednesday, June 25th. They now have a “hold” rating on the stock.
New Flyer Industries (TSE:NFI) opened at 13.17 on Thursday. New Flyer Industries has a one year low of $9.84 and a one year high of $13.17. The stock’s 50-day moving average is $12.57 and its 200-day moving average is $11.77. The company has a market cap of $730.5 million and a price-to-earnings ratio of 22.61.
The company also recently announced a Monthly dividend, which is scheduled for Friday, August 15th. Investors of record on Friday, August 15th will be paid a dividend of $0.0488 per share. This represents a dividend yield of 4.58%. The ex-dividend date is Tuesday, July 29th.
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