Stifel Nicolaus Cuts TFI International (NYSE:TFII) Price Target to $105.00

TFI International (NYSE:TFII) had its price objective decreased by Stifel Nicolaus from $120.00 to $105.00 in a research report sent to investors on Monday morning,Benzinga reports. Stifel Nicolaus currently has a hold rating on the stock.

Several other research firms also recently issued reports on TFII. Royal Bank of Canada dropped their price objective on TFI International from $156.00 to $127.00 and set an “outperform” rating on the stock in a report on Friday, February 21st. Susquehanna cut their price target on shares of TFI International from $135.00 to $105.00 and set a “positive” rating on the stock in a report on Monday, March 31st. UBS Group lowered shares of TFI International from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $163.00 to $107.00 in a report on Friday, February 21st. The Goldman Sachs Group reduced their price target on shares of TFI International from $176.00 to $150.00 and set a “buy” rating on the stock in a research report on Friday, February 21st. Finally, CIBC lowered their price objective on TFI International from $160.00 to $141.00 and set an “outperformer” rating for the company in a report on Friday, February 21st. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, TFI International currently has a consensus rating of “Moderate Buy” and an average price target of $140.14.

TFI International Stock Down 2.6 %

NYSE TFII opened at $79.27 on Monday. The stock has a market cap of $6.66 billion, a PE ratio of 15.85, a P/E/G ratio of 1.11 and a beta of 1.57. The business has a 50 day moving average price of $92.41 and a two-hundred day moving average price of $123.43. TFI International has a fifty-two week low of $72.02 and a fifty-two week high of $159.11. The company has a quick ratio of 0.96, a current ratio of 1.03 and a debt-to-equity ratio of 0.86.

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

TFI International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be paid a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 2.27%. The ex-dividend date is Monday, March 31st. TFI International’s payout ratio is currently 36.00%.

Institutional Investors Weigh In On TFI International

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Brown Brothers Harriman & Co. increased its stake in shares of TFI International by 124.8% during the fourth quarter. Brown Brothers Harriman & Co. now owns 236 shares of the company’s stock valued at $32,000 after acquiring an additional 131 shares during the period. CIBC Private Wealth Group LLC grew its holdings in TFI International by 40.5% during the fourth quarter. CIBC Private Wealth Group LLC now owns 555 shares of the company’s stock worth $74,000 after acquiring an additional 160 shares during the period. Legato Capital Management LLC raised its position in TFI International by 8.9% in the fourth quarter. Legato Capital Management LLC now owns 10,468 shares of the company’s stock worth $1,414,000 after acquiring an additional 859 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S boosted its position in shares of 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 purchasing an additional 2,696 shares in the last quarter. Finally, Amundi grew its stake in shares of TFI International by 2.4% in the 4th quarter. Amundi now owns 181,202 shares of the company’s stock worth $24,134,000 after purchasing an additional 4,266 shares during the last quarter. 73.30% of the stock is currently owned by institutional investors.

TFI International Company Profile

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.