TFI International (NYSE:TFII) Price Target Cut to $144.00 by Analysts at Royal Bank Of Canada

Key Points

• Royal Bank of Canada cut TFI International’s price target to $144 from $171 while maintaining an “outperform” rating, implying 18.19% upside from the prior close.
• Analyst sentiment remains positive overall: 14 analysts rate the stock “Buy” and five rate it “Hold,” producing a “Moderate Buy” consensus and an average price target of $174.18.
• TFI reported quarterly EPS of $1.85, beating estimates of $1.59, while revenue of $2.29 billion exceeded the $2.23 billion consensus estimate.

TFI International (NYSE:TFII - Get Free Report) had its price objective cut by equities research analysts at Royal Bank Of Canada from $171.00 to $144.00 in a research report issued on Wednesday, Benzinga reports. The firm currently has an "outperform" rating on the stock. Royal Bank Of Canada's price objective suggests a potential upside of 18.19% from the company's previous close.

Several other research firms have also recently issued reports on TFII. Canadian Imperial Bank of Commerce restated an "outperform" rating on shares of TFI International in a research note on Tuesday, July 28th. BMO Capital Markets reiterated a "market perform" rating and set a $170.00 target price (up from $140.00) on shares of TFI International in a research note on Tuesday, June 9th. TD upped their price objective on TFI International from $153.00 to $154.00 and gave the company a "buy" rating in a research report on Wednesday, July 8th. Morgan Stanley upped their price target on shares of TFI International from $175.00 to $190.00 and gave the company an "overweight" rating in a research report on Monday, July 6th. Finally, 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. Fourteen analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, TFI International presently has an average rating of "Moderate Buy" and an average target price of $174.18.

TFI International Trading Down 0.4%

NYSE:TFII opened at $121.83 on Wednesday. TFI International has a one year low of $80.63 and a one year high of $167.69. The company's 50-day simple moving average is $135.75 and its 200 day simple moving average is $136.08. The firm has a market capitalization of $10.01 billion, a P/E ratio of 29.93, a PEG ratio of 0.76 and a beta of 1.62. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.09 and a quick ratio of 1.08.

TFI International (NYSE:TFII - Get Free Report) last posted its quarterly earnings results on Monday, July 27th. The company reported $1.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.59 by $0.26. The firm 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, analysts forecast that TFI International will post 6.06 EPS for the current fiscal year.

Institutional Trading of TFI International

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