FY2025 EPS Estimates for TFII Cut by National Bank Financial

Key Points

• National Bank Financial has revised down its FY2025 EPS estimate for TFI International to $4.47 from $4.57 while maintaining a "Strong-Buy" rating.
• Multiple analysts have adjusted their price targets for TFI International, with Stifel Nicolaus raising it to $91.00 and Citigroup to $108.00, amidst general positive sentiment towards the stock.
• TFI International's stock has experienced a decline of 6.3%, with its current trading price at $87.83, despite a solid quarterly earnings report that exceeded expectations.

TFI International Inc. (NYSE:TFII - Free Report) - National Bank Financial cut their FY2025 earnings per share estimates for TFI International in a research note issued to investors on Monday, July 28th. National Bank Financial analyst C. Doerksen now anticipates that the company will post earnings per share of $4.47 for the year, down from their prior forecast of $4.57. The consensus estimate for TFI International's current full-year earnings is $7.76 per share. National Bank Financial also issued estimates for TFI International's FY2026 earnings at $5.97 EPS.

A number of other research firms have also recently commented on TFII. Royal Bank Of Canada decreased their price target on TFI International from $98.00 to $94.00 and set an "outperform" rating for the company in a research note on Monday, April 28th. TD Cowen decreased their price target on TFI International from $115.00 to $107.00 and set a "buy" rating for the company in a research note on Tuesday, July 29th. JPMorgan Chase & Co. increased their price target on TFI International from $101.00 to $116.00 and gave the company an "overweight" rating in a research note on Tuesday, July 29th. UBS Group increased their price target on TFI International from $88.00 to $90.00 and gave the company a "neutral" rating in a research note on Tuesday, July 29th. Finally, Susquehanna Bancshares reduced their price objective on TFI International from $105.00 to $100.00 and set an "outperform" rating for the company in a research note on Friday, April 25th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, ten have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $117.13.

TFI International Stock Up 1.6%

TFI International stock traded up $1.38 during midday trading on Thursday, reaching $86.53. The company's stock had a trading volume of 50,814 shares, compared to its average volume of 477,153. The stock's 50-day simple moving average is $89.38 and its 200-day simple moving average is $93.61. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.05 and a quick ratio of 1.03. TFI International has a 52-week low of $72.02 and a 52-week high of $155.12. The stock has a market capitalization of $7.18 billion, a P/E ratio of 19.88, a PEG ratio of 2.95 and a beta of 1.43.

TFI International (NYSE:TFII - Get Free Report) last issued its quarterly earnings data on Monday, July 28th. The company reported $1.34 earnings per share for the quarter, beating analysts' consensus estimates of $1.24 by $0.10. TFI International had a return on equity of 15.45% and a net margin of 4.48%. The company had revenue of $2.04 billion for the quarter, compared to the consensus estimate of $1.49 billion.

Institutional Trading of TFI International

Institutional investors have recently bought and sold shares of the business. Sumitomo Mitsui Trust Group Inc. grew its holdings in TFI International by 4.2% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 9,012 shares of the company's stock valued at $698,000 after purchasing an additional 363 shares during the period. Baskin Financial Services Inc. grew its holdings in TFI International by 1.2% in the first quarter. Baskin Financial Services Inc. now owns 413,366 shares of the company's stock valued at $32,002,000 after purchasing an additional 5,092 shares during the period. Geode Capital Management LLC grew its holdings in TFI International by 31.5% in the fourth quarter. Geode Capital Management LLC now owns 469,263 shares of the company's stock valued at $64,345,000 after purchasing an additional 112,455 shares during the period. QV Investors Inc. grew its holdings in TFI International by 60.6% in the first quarter. QV Investors Inc. now owns 350,096 shares of the company's stock valued at $27,103,000 after purchasing an additional 132,166 shares during the period. Finally, Canoe Financial LP grew its holdings in TFI International by 168.5% in the first quarter. Canoe Financial LP now owns 36,857 shares of the company's stock valued at $2,854,000 after purchasing an additional 23,131 shares during the period. 73.30% of the stock is owned by institutional investors and hedge funds.

About TFI International

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.