TFI International Inc. (NYSE:TFII) Receives $170.33 Consensus Target Price from Brokerages

TFI International Inc. (NYSE:TFII) has received a consensus recommendation of “Moderate Buy” from the sixteen analysts that are covering the company, MarketBeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation and eleven have issued a buy recommendation on the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $170.33.

Several equities research analysts recently issued reports on TFII shares. TD Cowen lifted their price target on shares of TFI International from $176.00 to $184.00 and gave the company a “buy” rating in a report on Monday, July 29th. CIBC upped their price target on shares of TFI International from $167.00 to $179.00 and gave the stock an “outperform” rating in a report on Monday, July 29th. JPMorgan Chase & Co. boosted their price objective on TFI International from $170.00 to $184.00 and gave the stock an “overweight” rating in a research report on Monday, July 29th. National Bank Financial downgraded TFI International from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 26th. Finally, Desjardins cut TFI International from a “buy” rating to a “hold” rating in a report on Wednesday, July 17th.

TFI International Trading Up 0.2 %

TFII stock opened at $142.91 on Tuesday. The company’s 50-day simple moving average is $148.47 and its 200 day simple moving average is $145.77. TFI International has a 52 week low of $104.91 and a 52 week high of $162.13. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.92 and a current ratio of 0.94. The company has a market capitalization of $12.09 billion, a PE ratio of 25.38, a price-to-earnings-growth ratio of 1.45 and a beta of 1.55.

TFI International (NYSE:TFII) last posted its quarterly earnings results on Thursday, July 25th. The company reported $1.71 EPS for the quarter, topping analysts’ consensus estimates of $1.61 by $0.10. The company had revenue of $2.26 billion during the quarter, compared to analysts’ expectations of $2.28 billion. TFI International had a return on equity of 20.48% and a net margin of 5.93%. TFI International’s revenue was up 26.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.59 EPS. As a group, sell-side analysts anticipate that TFI International will post 6.86 earnings per share for the current year.

TFI International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, July 15th. Shareholders of record on Friday, June 28th were issued a dividend of $0.40 per share. The ex-dividend date of this dividend was Friday, June 28th. This represents a $1.60 dividend on an annualized basis and a yield of 1.12%. TFI International’s payout ratio is currently 28.60%.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. UMB Bank n.a. acquired a new position in shares of TFI International during the 1st quarter valued at $136,000. iA Global Asset Management Inc. bought a new position in shares of TFI International during the 2nd quarter worth about $240,000. Clearbridge Investments LLC acquired a new stake in shares of TFI International in the 4th quarter valued at about $287,000. Industrial Alliance Investment Management Inc. increased its position in TFI International by 3.2% in the 1st quarter. Industrial Alliance Investment Management Inc. now owns 2,590 shares of the company’s stock valued at $413,000 after buying an additional 80 shares in the last quarter. Finally, Campbell & CO Investment Adviser LLC raised its stake in TFI International by 67.0% during the 4th quarter. Campbell & CO Investment Adviser LLC now owns 3,842 shares of the company’s stock worth $522,000 after buying an additional 1,542 shares during the period. 73.30% of the stock is 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.