TFI International (TSE:TFII) Stock: Insider Leslie Abi-Karam Acquires 2,143 Shares

Key Points

• Director Leslie Abi-Karam bought 2,143 shares at an average C$133.75 each, a C$286,626.25 purchase that increased their ownership by 28.19% to 9,745 shares.
• TFI International reported quarterly earnings of C$2.38 per share on C$3.18 billion in revenue; analysts forecast C$12.23 in earnings per share for the current year.
• Analysts hold a consensus Buy rating with a C$179.40 price target. The company’s quarterly dividend annualizes to C$1.88 per share, a 1.4% yield.

TFI International Inc. (TSE:TFII - Get Free Report) Director Leslie Abi-Karam purchased 2,143 shares of the company's stock in a transaction on Monday, November 9th. The shares were purchased at an average cost of C$133.75 per share, with a total value of C$286,626.25. Following the purchase, the director owned 9,745 shares of the company's stock, valued at approximately C$1,303,393.75. The trade was a 28.19% increase in their ownership of the stock.

TFI International Price Performance

Shares of TSE TFII traded down C$0.22 during trading hours on Monday, reaching C$133.76. 356,598 shares of the stock traded hands, compared to its average volume of 268,488. The company's 50-day simple moving average is C$166.17 and its two-hundred day simple moving average is C$179.16. The company has a market capitalization of C$10.99 billion, a P/E ratio of 30.96, a price-to-earnings-growth ratio of 1.01 and a beta of 1.80. TFI International Inc. has a 52-week low of C$113.72 and a 52-week high of C$233.85. The company has a quick ratio of 1.18, a current ratio of 1.11 and a debt-to-equity ratio of 106.02.

TFI International (TSE:TFII - Get Free Report) last issued its quarterly earnings results on Thursday, October 29th. The company reported C$2.38 EPS for the quarter. The business 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%. Equities research analysts forecast that TFI International Inc. will post 12.23 EPS for the current year.

TFI International Dividend Announcement

The firm also recently announced 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. The ex-dividend date of this dividend was Tuesday, September 29th. This represents a $1.88 annualized dividend and a dividend yield of 1.4%. TFI International's dividend payout ratio (DPR) is currently 43.52%.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on TFII. Desjardins increased their price target on shares of TFI International from C$221.00 to C$245.00 and gave the company a "buy" rating in a research report on Tuesday, July 28th. Scotiabank dropped their target price on shares of TFI International from C$263.00 to C$235.00 and set a "sector outperform" rating for the company in a report on Thursday, October 15th. Four research analysts have rated the stock with a Buy rating. According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus target price 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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