TFI International (TSE:TFII) Director Buys 20,000 Shares of Stock

Key Points

• Director Alain Bédard purchased 20,000 TFI International shares at C$132 each, investing C$2.64 million and increasing his direct ownership to 4,550,839 shares.
• TFI International reported quarterly EPS of C$2.38 on C$3.18 billion in revenue, with a 4.22% net margin and 12.95% return on equity.
• Analysts maintain a consensus “Buy” rating with a C$179.40 price target, while the company pays a quarterly dividend of $0.47 per share, yielding about 1.4% annually.

TFI International Inc. (TSE:TFII - Get Free Report) Director Alain Bédard purchased 20,000 shares of the business's stock in a transaction that occurred on Monday, November 2nd. The shares were bought at an average price of C$132.00 per share, for a total transaction of C$2,640,000.00. Following the completion of the purchase, the director directly owned 4,550,839 shares in the company, valued at C$600,710,748. This represents a 0.44% increase in their ownership of the stock.

TFI International Stock Performance

Shares of TSE TFII traded up C$5.05 during midday trading on Monday, reaching C$135.10. 487,034 shares of the company were exchanged, compared to its average volume of 262,213. The stock has a market cap of C$11.10 billion, a P/E ratio of 31.27, a PEG ratio of 1.01 and a beta of 1.96. TFI International Inc. has a 1 year low of C$113.72 and a 1 year high of C$233.85. The stock has a fifty day simple moving average of C$171.49 and a 200 day simple moving average of C$179.62. The company has a current ratio of 1.11, a quick ratio of 1.18 and a debt-to-equity ratio of 106.02.

TFI International (TSE:TFII - Get Free Report) last announced its quarterly earnings data on Thursday, October 29th. The company reported C$2.38 earnings per share (EPS) for the quarter. The company had revenue of C$3.18 billion for the quarter. TFI International had a net margin of 4.22% and a return on equity of 12.95%. On average, research analysts forecast that TFI International Inc. will post 12.23 earnings per share for the current fiscal year.

TFI International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Thursday, October 15th were issued a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Tuesday, September 29th. TFI International's dividend payout ratio is currently 43.52%.

Wall Street Analyst Weigh In

A number of research firms recently commented on TFII. National Bank Financial dropped their price objective on TFI International from C$208.00 to C$160.00 and set an "outperform" rating for the company in a research report on Friday, July 10th. Desjardins upped their target price on shares of TFI International from C$221.00 to C$245.00 and gave the company a "buy" rating in a report on Tuesday, July 28th. Finally, Scotiabank decreased their price target on shares of TFI International from C$263.00 to C$235.00 and set a "sector outperform" rating on the stock in a research note on Thursday, October 15th. Four research analysts have rated the stock with a Buy rating. Based on data from MarketBeat, the company has a consensus rating of "Buy" and a consensus price target of C$179.40.

TFI International Company Profile

TFI International Inc is a North American leader in the transportation and logistics industry, operating across the United States,Canada and Mexico through its subsidiaries. TFI International creates value for shareholders by identifying strategic acquisitions and managing a growing network of wholly-owned operating subsidiaries. Under the TFI International umbrella, companies benefit from financial and operational resources to build their businesses and increase their efficiency. TFI International companies service the following segments: Less-Than-Truckload; Truckload; Logistics.

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