TFI International (TSE:TFII) Director Debra Kelly-Ennis Purchases 1,600 Shares of Stock

Key Points

• Director Debra Kelly-Ennis bought 1,600 shares of TFI International at an average C$130.88 per share, investing C$209,408 and increasing her holdings by 16.48% to 11,307 shares.
• TFI reported quarterly revenue of C$3.18 billion and earnings of C$2.38 per share, while maintaining a quarterly dividend of C$0.47 per share, equivalent to a 1.4% yield.
• Despite insider buying and a consensus “Buy” rating, analysts have reduced price targets and concerns remain about the ongoing turnaround of the acquired UPS Freight business.

TFI International Inc. (TSE:TFII - Get Free Report) Director Debra Kelly-Ennis purchased 1,600 shares of the business's stock in a transaction that occurred on Monday, November 2nd. The stock was bought at an average cost of C$130.88 per share, with a total value of C$209,408.00. Following the acquisition, the director owned 11,307 shares of the company's stock, valued at approximately C$1,479,860.16. The trade was a 16.48% increase in their position.

TFI International Trading Up 1.2%

TFI International stock traded up C$1.56 during midday trading on Tuesday, reaching C$135.72. 269,199 shares of the stock traded hands, compared to its average volume of 263,669. TFI International Inc. has a 12-month low of C$113.72 and a 12-month high of C$233.85. The firm has a market cap of C$11.16 billion, a PE ratio of 31.42, a price-to-earnings-growth ratio of 1.01 and a beta of 1.96. The company has a current ratio of 1.11, a quick ratio of 1.18 and a debt-to-equity ratio of 106.02. The company has a 50-day simple moving average of C$170.27 and a two-hundred day simple moving average of C$179.52.

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

TFI International Announces Dividend

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

More TFI International News

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

• Positive Sentiment: Company directors purchased a combined 25,367 shares worth approximately C$3.35 million. Executive Chairman Alain Bédard bought 20,000 shares for C$2.64 million, while directors Debra Kelly-Ennis, Steven Mayer and John Pratt also added to their positions. These purchases may signal that insiders view the recent share-price weakness as excessive and believe TFII offers value at current levels. TFI International Director Alain Bédard Acquires 20,000 Shares of Company Stock
• Positive Sentiment: The insider purchases occurred near C$130-C$135 per share, substantially below TFII’s 52-week high. This concentration of buying by multiple directors can provide some support for the stock, although insider purchases do not guarantee an operational turnaround.
• Neutral Sentiment: TFII recently reported quarterly earnings of C$2.38 per share on C$3.18 billion in revenue. Its profitability remains positive, with a 4.22% net margin and 12.95% return on equity, but investors are focused more heavily on future earnings and the performance of its acquired freight operations.
• Negative Sentiment: TD Cowen and CIBC both sharply lowered their TFII price targets to C$119 and C$120, respectively, from C$158. The reductions indicate weaker near-term expectations and may limit the stock’s recovery despite the insider buying. TFI International Price Target Lowered at TD Cowen TFI International Price Target Lowered at CIBC
• Negative Sentiment: A report says TFI is still struggling to turn around the UPS Freight business five years after acquiring it. Ongoing integration and operational challenges raise concerns about margins, returns on capital and the company’s ability to generate the earnings growth previously expected by investors. Five Years After Buying UPS’s Freight Business, TFI Is Struggling to Turn It Around

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. National Bank Financial decreased their price target on shares of TFI International from C$208.00 to C$160.00 and set an "outperform" rating on the stock in a report on Friday, July 10th. Desjardins lifted their price target on TFI International from C$221.00 to C$245.00 and gave the stock a "buy" rating in a research note on Tuesday, July 28th. Finally, Scotiabank cut their target price on 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 analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, TFI International has a consensus rating of "Buy" and an average 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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