What is Scotiabank's Forecast for TFII FY2027 Earnings?

Key Points

• Scotiabank cut its FY2027 EPS forecast for TFI International to $6.57 from $7.49, while maintaining an “Outperform” rating.
• Analyst sentiment remains broadly positive: 16 analysts rate the stock “Buy” and six “Hold,” for a “Moderate Buy” consensus and an average price target of $145.32.
• TFI reported quarterly EPS of $1.67, below the $1.75 consensus estimate; revenue of $2.23 billion matched expectations.

TFI International Inc. (NYSE:TFII - Free Report) - Research analysts at Scotiabank dropped their FY2027 EPS estimates for TFI International in a report issued on Monday, November 2nd. Scotiabank analyst K. Gupta now forecasts that the company will post earnings of $6.57 per share for the year, down from their previous estimate of $7.49. Scotiabank has an "Outperform" rating on the stock. The consensus estimate for TFI International's current full-year earnings is $5.56 per share.

A number of other equities analysts have also recently weighed in on TFII. Royal Bank Of Canada decreased their price objective on TFI International from $144.00 to $117.00 and set an "outperform" rating on the stock in a report on Monday. UBS Group boosted their target price on TFI International from $154.00 to $159.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 28th. JPMorgan Chase & Co. cut their target price on TFI International from $175.00 to $168.00 and set an "overweight" rating for the company in a research note on Monday, October 5th. Weiss Ratings reiterated a "hold (c)" rating on shares of TFI International in a research report on Monday, September 21st. Finally, Citigroup decreased their price target on shares of TFI International from $157.00 to $123.00 and set a "buy" rating on the stock in a research note on Monday. Sixteen analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $145.32.

TFI International Trading Down 3.4%

Shares of TFII stock opened at $96.80 on Friday. The business has a 50-day moving average price of $119.13 and a two-hundred day moving average price of $128.97. TFI International has a 12-month low of $80.63 and a 12-month high of $167.69. The company has a quick ratio of 1.10, a current ratio of 1.11 and a debt-to-equity ratio of 0.79. The firm has a market cap of $7.92 billion, a P/E ratio of 22.35, a price-to-earnings-growth ratio of 0.80 and a beta of 1.67.

TFI International (NYSE:TFII - Get Free Report) last released its quarterly earnings results on Thursday, October 29th. The company reported $1.67 earnings per share for the quarter, missing analysts' consensus estimates of $1.75 by ($0.08). TFI International had a net margin of 4.26% and a return on equity of 16.05%. The firm had revenue of $2.23 billion for the quarter, compared to analysts' expectations of $2.23 billion.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Caisse de depot et placement du Quebec purchased a new stake in shares of TFI International during the second quarter valued at approximately $910,995,000. Jupiter Topco LLC purchased a new position in shares of TFI International in the second quarter worth $515,259,000. The Manufacturers Life Insurance Company purchased a new position in shares of TFI International in the second quarter worth $189,264,000. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of TFI International in the second quarter worth $136,656,000. Finally, Canada Pension Plan Investment Board purchased a new position in shares of TFI International in the second quarter worth $61,329,000. 73.30% of the stock is owned by institutional investors.

Trending Headlines about TFI International

Here are the key news stories impacting TFI International this week:

• Positive Sentiment: TFI announced a renewal of its normal-course issuer bid, which permits the company to repurchase shares and may support shareholder returns; the announcement itself does not guarantee purchases. Article: TFI International Announces Renewal of Normal Course Issuer Bid
• Positive Sentiment: A report of directors buying TFI shares may be viewed as a sign of confidence by company insiders. Article: Directors buying at TFI International
• Neutral Sentiment: Veritas initiated coverage with a “hold” rating, indicating a neutral stance. Article: Veritas stock recommendations
• Negative Sentiment: Scotiabank cut its 2026 EPS estimate to $5.56 from $5.95, below the cited consensus estimate of $5.62, though it retained an “Outperform” rating. Separate reports also flagged lower expectations or price targets from TD Cowen, Stephens, Citigroup, RBC and CIBC, adding to concerns about earnings and valuation. TD Cowen expectations Stephens expectations Citigroup expectations RBC Dominion Securities expectations CIBC target cut
• Negative Sentiment: A Seeking Alpha article characterizes TFI as having two good businesses and one “broken” business, reflecting a mixed-to-cautious view of its operations. Separately, the company’s latest reported quarterly EPS missed analyst expectations ($1.67 versus $1.75), another potential source of investor concern. Article: TFI International: Two Good Businesses...And A Broken One

TFI International Company Profile

TFI International Inc is a North American transportation and logistics company headquartered in Saint-Laurent, Quebec. The company provides a broad range of freight and supply chain services through a network of operating companies in Canada and the United States.

Its business activities include package and courier delivery, less-than-truckload and truckload transportation, freight brokerage, logistics, warehousing, and specialized services. TFI International also serves niche transportation markets, including waste management, environmental services, and other specialized freight requirements.

The company traces its origins to 1957 and has expanded through organic growth and acquisitions.

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.