TFI International (NYSE:TFII) Stock Price Target Cut by Citigroup

Key Points

• Citigroup lowered TFI International’s price target from $180 to $157 while maintaining a “buy” rating, implying approximately 40.5% upside from the prior close.
• Analyst sentiment remains favorable overall, with 14 buy ratings and five holds; the consensus rating is “Moderate Buy” with an average price target of $169.59.
• TFII shares fell 1.9% to $111.77, despite the company recently exceeding quarterly EPS and revenue expectations. Institutional investors own approximately 73.3% of the stock.

TFI International (NYSE:TFII - Get Free Report) had its price objective lowered by Citigroup from $180.00 to $157.00 in a report issued on Wednesday, BayStreet reports. The firm presently has a "buy" rating on the stock. Citigroup's price target would indicate a potential upside of 40.47% from the stock's previous close.

Several other research firms also recently commented on TFII. The Goldman Sachs Group upped their price target on shares of TFI International from $145.00 to $168.00 and gave the company a "buy" rating in a research report on Tuesday, June 23rd. Scotiabank reiterated an "outperform" rating on shares of TFI International in a research note on Tuesday, July 28th. UBS Group boosted their price target on TFI International from $154.00 to $159.00 and gave the company a "neutral" rating in a research report on Tuesday, July 28th. BMO Capital Markets reaffirmed a "market perform" rating on shares of TFI International in a research note on Wednesday. Finally, Susquehanna decreased their price objective on TFI International from $185.00 to $164.00 and set a "positive" rating for the company in a research report on Friday, October 2nd. Fourteen investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $169.59.

TFI International Stock Down 1.9%

Shares of TFI International stock traded down $2.17 during trading hours on Wednesday, hitting $111.77. The company had a trading volume of 227,953 shares, compared to its average volume of 365,386. 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 company's 50-day moving average is $132.52 and its two-hundred day moving average is $136.64. The company has a market cap of $9.19 billion, a P/E ratio of 27.49, a price-to-earnings-growth ratio of 0.71 and a beta of 1.63. TFI International has a twelve month low of $80.63 and a twelve month high of $167.69.

TFI International (NYSE:TFII - Get Free Report) last released its quarterly earnings data 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 company had revenue of $2.29 billion during the quarter, compared to the consensus estimate of $2.23 billion. TFI International had a net margin of 4.14% and a return on equity of 14.87%. TFI International has set its Q3 2026 guidance at 1.700-1.800 EPS. Analysts anticipate that TFI International will post 6.06 earnings per share for the current fiscal year.

Institutional Trading of TFI International

Institutional investors and hedge funds have recently made changes to their positions in the stock. Caisse de depot et placement du Quebec acquired a new stake in shares of TFI International during the second quarter worth $910,995,000. Jupiter Topco LLC acquired a new stake in TFI International in the 2nd quarter worth about $515,259,000. Maple Rock Capital Partners Inc. grew its holdings in TFI International by 4.2% in the 2nd quarter. Maple Rock Capital Partners Inc. now owns 1,418,409 shares of the company's stock valued at $203,641,000 after buying an additional 56,578 shares during the period. The Manufacturers Life Insurance Company acquired a new position in shares of TFI International during the 2nd quarter valued at about $189,264,000. Finally, Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of TFI International during the 2nd quarter worth about $136,656,000. 73.30% of the stock is currently owned by hedge funds and other institutional investors.

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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