Brokerages Set TFI International Inc. (NYSE:TFII) Price Target at $145.86

Shares of TFI International Inc. (NYSE:TFII) have been assigned a consensus rating of “Moderate Buy” from the fifteen analysts that are covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, five have given a hold recommendation, eight have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $143.71.

A number of analysts have recently issued reports on the stock. Stifel Nicolaus reduced their price objective on shares of TFI International from $147.00 to $120.00 and set a “hold” rating for the company in a research note on Friday, February 21st. Stephens decreased their price objective 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. CIBC cut their price target on shares of TFI International from $160.00 to $141.00 and set an “outperformer” rating on the stock in a report on Friday, February 21st. Bank of America downgraded TFI International from a “neutral” rating to an “underperform” rating in a research report on Thursday, February 20th. Finally, Desjardins raised TFI International from a “hold” rating to a “buy” rating in a research note on Monday, December 9th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of TFII. BI Asset Management Fondsmaeglerselskab A S raised its stake 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 worth $5,046,000 after purchasing an additional 2,696 shares during the period. CDAM UK Ltd raised its position in shares of TFI International by 2.5% during the 4th quarter. CDAM UK Ltd now owns 381,102 shares of the company’s stock valued at $51,483,000 after buying an additional 9,200 shares during the period. Geode Capital Management LLC lifted 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. CIBC Private Wealth Group LLC grew its position 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 acquiring an additional 160 shares during the period. Finally, Brown Brothers Harriman & Co. increased its stake in TFI International by 124.8% during the fourth quarter. Brown Brothers Harriman & Co. now owns 236 shares of the company’s stock worth $32,000 after acquiring an additional 131 shares during the last quarter. Institutional investors and hedge funds own 73.30% of the company’s stock.

TFI International Stock Up 4.7 %

TFII opened at $79.40 on Friday. The stock has a market capitalization of $6.68 billion, a price-to-earnings ratio of 15.88, a PEG ratio of 1.11 and a beta of 1.57. 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 has a twelve month low of $72.02 and a twelve month high of $162.13. The firm has a 50 day moving average price of $101.28 and a 200-day moving average price of $127.28.

TFI International (NYSE:TFII) last announced 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). 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%. Equities research analysts forecast that TFI International will post 7.76 earnings per share for the current year.

TFI International Announces Dividend

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 $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 2.27%. The ex-dividend date is Monday, March 31st. TFI International’s dividend payout ratio (DPR) 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.