TFI International Inc. (NYSE:TFII) Receives $145.86 Consensus Price Target from Analysts

TFI International Inc. (NYSE:TFII) has received a consensus rating of “Moderate Buy” from the fifteen brokerages that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, eight have given a buy rating and one has issued a strong buy rating on the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $143.71.

Several research firms recently issued reports on TFII. TD Cowen reduced their price target on TFI International from $135.00 to $128.00 and set a “buy” rating for the company in a research note on Friday. Stephens decreased their target price on TFI International from $138.00 to $110.00 and set an “equal weight” rating on the stock in a research report on Tuesday, February 25th. Susquehanna reduced their price objective on TFI International from $135.00 to $105.00 and set a “positive” rating on the stock in a research report on Monday. Citigroup reduced their price objective on shares of TFI International from $162.00 to $130.00 and set a “buy” rating on the stock in a research note on Tuesday, February 25th. Finally, Veritas upgraded shares of TFI International from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 18th.

Institutional Trading of TFI International

Several institutional investors and hedge funds have recently made changes to their positions in TFII. Brown Brothers Harriman & Co. raised its stake in shares of TFI International by 124.8% during the 4th 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. CIBC Private Wealth Group LLC boosted its position in shares of TFI International by 40.5% during the 4th quarter. CIBC Private Wealth Group LLC now owns 555 shares of the company’s stock valued at $74,000 after acquiring an additional 160 shares during the last quarter. Legato Capital Management LLC grew its stake in TFI International by 8.9% in the 4th quarter. Legato Capital Management LLC now owns 10,468 shares of the company’s stock worth $1,414,000 after buying an additional 859 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S raised its position in TFI International by 7.8% during the fourth quarter. BI Asset Management Fondsmaeglerselskab A S now owns 37,353 shares of the company’s stock valued at $5,046,000 after purchasing an additional 2,696 shares in the last quarter. Finally, Amundi boosted its stake in TFI International by 2.4% in the fourth quarter. Amundi now owns 181,202 shares of the company’s stock worth $24,134,000 after buying an additional 4,266 shares in the last quarter. Hedge funds and other institutional investors own 73.30% of the company’s stock.

TFI International Price Performance

NYSE:TFII opened at $77.41 on Friday. The company has a market cap 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. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.96 and a current ratio of 1.03. TFI International has a 52-week low of $74.01 and a 52-week high of $162.13. The stock’s 50-day simple moving average is $105.84 and its 200 day simple moving average is $128.90.

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

TFI International Dividend Announcement

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

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.