TFI International Inc. (TSE:TFII) Director Buys C$137,996.19 in Stock

Key Points

• Director Leslie Abi-Karam purchased 1,141 shares of TFI International Inc. at an average cost of C$120.94 per share, totaling C$137,996.19.
• TFI International recently increased its quarterly dividend from C$0.40 to C$0.45 per share, representing a 1.5% yield.
• Analysts have mixed views on TFI International, with some upgrading their price target to C$144.00 while others have lowered it to C$140.00.

TFI International Inc. (TSE:TFII - Get Free Report) Director Leslie Abi-Karam acquired 1,141 shares of TFI International stock in a transaction dated Friday, August 1st. The stock was bought at an average price of C$120.94 per share, with a total value of C$137,996.19.

TFI International Stock Performance

TSE:TFII traded down C$0.53 during trading hours on Friday, hitting C$118.50. 201,806 shares of the company were exchanged, compared to its average volume of 294,347. The company's 50 day moving average price is C$122.43 and its 200-day moving average price is C$130.13. The stock has a market capitalization of C$7.06 billion, a price-to-earnings ratio of 15.03, a PEG ratio of 1.01 and a beta of 1.37. TFI International Inc. has a 52-week low of C$102.57 and a 52-week high of C$219.48. The company has a debt-to-equity ratio of 115.17, a current ratio of 0.98 and a quick ratio of 1.18.

TFI International Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Tuesday, July 15th were issued a $0.45 dividend. The ex-dividend date of this dividend was Monday, June 30th. This is a positive change from TFI International's previous quarterly dividend of $0.40. This represents a $1.80 dividend on an annualized basis and a yield of 1.5%. TFI International's dividend payout ratio is presently 27.39%.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on TFII. Desjardins reduced their target price on shares of TFI International from C$171.00 to C$164.00 and set a "buy" rating on the stock in a report on Friday, April 25th. National Bankshares dropped their price target on TFI International from C$142.00 to C$140.00 and set an "outperform" rating for the company in a research report on Tuesday, July 29th. Finally, Scotiabank upped their price objective on TFI International from C$140.00 to C$144.00 and gave the company a "sector perform" rating in a research report on Tuesday, July 29th.

TFI International Company Profile

TFI International Inc is a transportation and logistics company domiciled in Canada. The company organises itself into four segments: package and courier, less-than-truckload, truckload, and logistics. The package and courier segment picks up, transports, and delivers items across North America. The less-than-truckload segment transports smaller loads.