National Bank Financial Has Lowered Expectations for TFI International (NYSE:TFII) Stock Price

Key Points

• National Bank Financial cut its price target for TFI International from $161 to $148 but maintained an “outperform” rating, implying roughly 29.7% upside from the stock’s $114.07 price.
• Analyst sentiment remains broadly positive: 14 analysts rate the stock a Buy and five rate it a Hold, with an average price target of $170.94.
• TFI International beat quarterly expectations, reporting $1.85 in EPS versus the $1.59 consensus and revenue of $2.29 billion versus $2.23 billion expected; institutional investors own 73.3% of its shares.

TFI International (NYSE:TFII - Get Free Report) had its price objective decreased by equities researchers at National Bank Financial from $161.00 to $148.00 in a research report issued to clients and investors on Tuesday, BayStreet reports. The brokerage currently has an "outperform" rating on the stock. National Bank Financial's target price would suggest a potential upside of 29.74% from the stock's current price.

A number of other equities analysts also recently weighed in on the company. The Goldman Sachs Group upped their price target on TFI International from $145.00 to $168.00 and gave the stock a "buy" rating in a research report on Tuesday, June 23rd. TD Cowen lifted their price objective on shares of TFI International from $154.00 to $158.00 and gave the company a "buy" rating in a report on Tuesday, July 28th. BMO Capital Markets reissued a "market perform" rating and issued a $170.00 price objective (up from $140.00) on shares of TFI International in a research report on Tuesday, June 9th. Citigroup decreased their target price on shares of TFI International from $182.00 to $180.00 and set a "buy" rating for the company in a research report on Tuesday, July 28th. Finally, Morgan Stanley lifted their price target on shares of TFI International from $175.00 to $190.00 and gave the company an "overweight" rating in a research note on Monday, July 6th. Fourteen research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company's stock. According to MarketBeat.com, TFI International has an average rating of "Moderate Buy" and an average price target of $170.94.

TFI International Stock Down 0.6%

NYSE TFII traded down $0.73 on Tuesday, reaching $114.07. The company had a trading volume of 262,511 shares, compared to its average volume of 364,523. The firm has a market capitalization of $9.38 billion, a price-to-earnings ratio of 28.00, a price-to-earnings-growth ratio of 0.74 and a beta of 1.63. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.08 and a current ratio of 1.09. TFI International has a 1-year low of $80.63 and a 1-year high of $167.69. The company's fifty day moving average is $133.20 and its 200-day moving average is $136.55.

TFI International (NYSE:TFII - Get Free Report) last released 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 firm had revenue of $2.29 billion for the quarter, compared to the consensus estimate 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. On average, research analysts forecast that TFI International will post 6.06 earnings per share for the current fiscal year.

Institutional Trading of TFI International

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Allworth Financial LP acquired a new stake in TFI International during the second quarter worth approximately $46,000. State of Wyoming bought a new position in shares of TFI International during the second quarter worth approximately $56,000. Versant Capital Management Inc increased its stake in shares of TFI International by 47.3% during the second quarter. Versant Capital Management Inc now owns 408 shares of the company's stock worth $59,000 after purchasing an additional 131 shares during the period. Tacita Capital Inc acquired a new stake in TFI International during the 2nd quarter worth approximately $91,000. Finally, Syon Capital LLC bought a new stake in TFI International in the 2nd quarter valued at $239,000. Institutional investors own 73.30% of the company's stock.

About TFI International

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.

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