TFI International Inc. (NYSE:TFII) Given Average Rating of “Hold” by Brokerages

Shares of TFI International Inc. (NYSE:TFII) have received a consensus rating of “Hold” from the fifteen brokerages that are presently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and eight have given a buy recommendation to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $148.93.

Several research firms recently issued reports on TFII. The Goldman Sachs Group cut their price objective on TFI International from $176.00 to $150.00 and set a “buy” rating on the stock in a report on Friday, February 21st. Citigroup lowered their price objective on TFI International from $162.00 to $130.00 and set a “buy” rating for the company in a research report on Tuesday, February 25th. Susquehanna lowered their price objective on TFI International from $170.00 to $135.00 and set a “positive” rating for the company in a research report on Monday. Desjardins raised TFI International from a “hold” rating to a “buy” rating in a research report on Monday, December 9th. Finally, Bank of America cut TFI International from a “neutral” rating to an “underperform” rating in a research report on Thursday, February 20th.

Hedge Funds Weigh In On TFI International

Hedge funds have recently bought and sold shares of the company. Baillie Gifford & Co. acquired a new stake in TFI International during the 4th quarter valued at $148,623,000. Geode Capital Management LLC boosted its holdings in TFI International by 31.5% in the fourth quarter. Geode Capital Management LLC now owns 469,263 shares of the company’s stock valued at $64,345,000 after acquiring an additional 112,455 shares during the last quarter. CDAM UK Ltd boosted its holdings in TFI International by 2.5% in the fourth quarter. CDAM UK Ltd now owns 381,102 shares of the company’s stock valued at $51,483,000 after acquiring an additional 9,200 shares during the last quarter. Amundi boosted its holdings in TFI International by 2.4% in the fourth quarter. Amundi now owns 181,202 shares of the company’s stock valued at $24,134,000 after acquiring an additional 4,266 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its position in TFI International by 6.4% in the fourth quarter. Bank of New York Mellon Corp now owns 78,621 shares of the company’s stock valued at $10,621,000 after purchasing an additional 4,763 shares during the period. 73.30% of the stock is owned by hedge funds and other institutional investors.

TFI International Stock Performance

NYSE TFII opened at $86.21 on Tuesday. The stock’s fifty day moving average is $127.05 and its two-hundred day moving average is $137.83. The firm has a market capitalization of $7.26 billion, a P/E ratio of 17.24, a price-to-earnings-growth ratio of 1.11 and a beta of 1.57. 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 fifty-two week low of $84.87 and a fifty-two week high of $162.13.

TFI International (NYSE:TFII) last posted its earnings results on Wednesday, February 19th. The company reported $1.19 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 analysts’ expectations of $1.54 billion. On average, research analysts anticipate that TFI International will post 7.76 earnings per share for the current year.

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.