JPMorgan Chase & Co. Cuts TFI International (NYSE:TFII) Price Target to $168.00

TFI International (NYSE:TFII - Get Free Report) had its target price cut by equities researchers at JPMorgan Chase & Co. from $175.00 to $168.00 in a research report issued to clients and investors on Monday, Benzinga reports. The firm presently has an "overweight" rating on the stock. JPMorgan Chase & Co.'s price target points to a potential upside of 46.51% from the stock's current price.

Other equities research analysts have also issued reports about the company. The Goldman Sachs Group boosted their target price on TFI International from $145.00 to $168.00 and gave the stock a "buy" rating in a report on Tuesday, June 23rd. BMO Capital Markets reiterated a "market perform" rating and issued a $170.00 target price (up from $140.00) on shares of TFI International in a research note on Tuesday, June 9th. National Bank Financial lifted their price target on shares of TFI International from $160.00 to $161.00 and gave the stock an "outperform" rating in a research note on Tuesday, July 28th. Susquehanna lowered their price target on shares of TFI International from $185.00 to $164.00 and set a "positive" rating on the stock in a report on Friday. Finally, UBS Group increased their price objective on shares of TFI International from $154.00 to $159.00 and gave the company a "neutral" rating in a research note on Tuesday, July 28th. Fourteen analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $172.53.

TFI International Stock Down 3.6%

TFII traded down $4.24 during trading on Monday, reaching $114.67. 145,498 shares of the stock traded hands, compared to its average volume of 362,430. TFI International has a fifty-two week low of $80.63 and a fifty-two week high of $167.69. The stock's 50-day simple moving average is $133.82 and its two-hundred day simple moving average is $136.45. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.09 and a quick ratio of 1.08. The stock has a market cap of $9.42 billion, a price-to-earnings ratio of 28.23, a price-to-earnings-growth ratio of 0.74 and a beta of 1.63.

TFI International (NYSE:TFII - Get Free Report) last announced its quarterly earnings results on Monday, July 27th. The company reported $1.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.59 by $0.26. The business had revenue of $2.29 billion during the quarter, compared to analyst estimates of $2.23 billion. TFI International had a return on equity of 14.87% and a net margin of 4.14%.TFI International has set its Q3 2026 guidance at 1.700-1.800 EPS. As a group, equities research analysts expect that TFI International will post 6.06 EPS for the current year.

Hedge Funds Weigh In On TFI International

Hedge funds have recently added to or reduced their stakes in the company. BI Asset Management Fondsmaeglerselskab A S boosted its position in shares of TFI International by 0.5% in the 4th quarter. BI Asset Management Fondsmaeglerselskab A S now owns 24,172 shares of the company's stock worth $2,498,000 after purchasing an additional 121 shares during the last quarter. Versant Capital Management Inc grew its position in shares of TFI International by 47.3% in the 2nd quarter. Versant Capital Management Inc now owns 408 shares of the company's stock valued at $59,000 after purchasing an additional 131 shares during the period. Allworth Financial LP bought a new stake in shares of TFI International during the second quarter worth $46,000. Ewing Morris & Co. Investment Partners Ltd. raised its stake in shares of TFI International by 8.6% in the 2nd quarter. Ewing Morris & Co. Investment Partners Ltd. now owns 4,178 shares of the company's stock valued at $601,000 after purchasing an additional 330 shares during the period. Finally, State of Wyoming acquired a new stake in TFI International in the 2nd quarter valued at approximately $56,000. Institutional investors own 73.30% of the company's stock.

TFI International Company Profile

TFI International Inc is a transportation and logistics company headquartered in Saint-Laurent, Quebec. Through its operating companies, TFI International provides freight transportation, logistics and related services across North America, with operations serving Canada, the United States and Mexico.

The company's principal activities include less-than-truckload and truckload transportation, package and courier delivery, last-mile services, specialized transportation and logistics. Its specialized operations support industries and customers requiring services such as expedited delivery, freight brokerage, final-mile distribution, household moving and handling of specialized or regulated cargo.

TFI International traces its roots to 1957 and was previously known as TransForce Inc The company adopted the TFI International name in 2016 as part of a broader effort to reflect the scope of its transportation and logistics operations.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.