Susquehanna Issues Pessimistic Forecast for TFI International (NYSE:TFII) Stock Price

TFI International (NYSE:TFII) had its price target decreased by Susquehanna from $135.00 to $105.00 in a research report report published on Monday morning,Benzinga reports. Susquehanna currently has a positive rating on the stock.

Several other equities research analysts also recently weighed in on TFII. Bank of America downgraded shares of TFI International from a “neutral” rating to an “underperform” rating in a research report on Thursday, February 20th. TD Cowen cut their price objective on TFI International from $135.00 to $128.00 and set a “buy” rating on the stock in a research note on Friday. Stifel Nicolaus decreased their target price on TFI International from $147.00 to $120.00 and set a “hold” rating for the company in a research report on Friday, February 21st. Veritas raised TFI International from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 18th. Finally, CIBC decreased their price objective on shares of TFI International from $160.00 to $141.00 and set an “outperformer” rating for the company in a report on Friday, February 21st. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, TFI International currently has a consensus rating of “Moderate Buy” and a consensus price target of $143.71.

TFI International Trading Up 0.6 %

Shares of TFII opened at $77.41 on Monday. TFI International has a one year low of $74.01 and a one year high of $162.13. The stock has a 50-day moving average price of $105.84 and a 200 day moving average price of $128.90. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.96 and a current ratio of 1.03. The company has a market capitalization of $6.52 billion, a P/E ratio of 15.48, a P/E/G ratio of 1.11 and a beta of 1.62.

TFI International (NYSE:TFII) last released its earnings results on Wednesday, February 19th. The company reported $1.19 EPS for the quarter, missing the consensus estimate of $1.59 by ($0.40). The business had revenue of $2.08 billion for the quarter, compared to analysts’ expectations of $1.54 billion. TFI International had a net margin of 5.08% and a return on equity of 18.40%. Sell-side analysts forecast that TFI International will post 7.76 EPS for the current fiscal year.

TFI International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be given a $0.45 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.80 annualized dividend and a yield of 2.33%. TFI International’s dividend payout ratio is presently 36.00%.

Hedge Funds Weigh In On TFI International

Hedge funds and other institutional investors have recently made changes to their positions in the business. BI Asset Management Fondsmaeglerselskab A S raised its stake in TFI International by 7.8% during the 4th quarter. BI Asset Management Fondsmaeglerselskab A S now owns 37,353 shares of the company’s stock valued at $5,046,000 after acquiring an additional 2,696 shares in the last quarter. CDAM UK Ltd increased its holdings in shares of TFI International by 2.5% during the fourth quarter. CDAM UK Ltd now owns 381,102 shares of the company’s stock valued at $51,483,000 after purchasing an additional 9,200 shares during the period. Geode Capital Management LLC increased its holdings in shares of TFI International by 31.5% during the fourth quarter. Geode Capital Management LLC now owns 469,263 shares of the company’s stock valued at $64,345,000 after purchasing an additional 112,455 shares during the period. CIBC Private Wealth Group LLC lifted its holdings in TFI International by 40.5% in the fourth quarter. CIBC Private Wealth Group LLC now owns 555 shares of the company’s stock worth $74,000 after purchasing an additional 160 shares during the period. Finally, Brown Brothers Harriman & Co. lifted its holdings in TFI International by 124.8% in the fourth quarter. Brown Brothers Harriman & Co. now owns 236 shares of the company’s stock worth $32,000 after purchasing an additional 131 shares during the period. 73.30% of the stock is currently owned by institutional investors and hedge funds.

About TFI International

TFI International Inc, together with its subsidiaries, provides transportation and logistics services in the United States and Canada. The company operates through Package and Courier, Less-Than-Truckload (LTL), Truckload (TL), and Logistics segments. The Package and Courier segment engages in the pickup, transport, and delivery of items in North America.