TFI International (NYSE:TFII) Shares Down 5.3% on Analyst Downgrade

Key Points

• TFI International shares fell 5.3% after Susquehanna cut its price target from $185 to $164, though it maintained a positive rating. The stock traded near $112.60, below its 50-day and 200-day moving averages.
• Analyst sentiment remains favorable overall, with a consensus “Moderate Buy” rating and average price target of $172.94; 14 analysts rate the stock Buy and five rate it Hold.
• TFI exceeded quarterly expectations, reporting $1.85 EPS versus the $1.59 consensus and $2.29 billion in revenue. The company also declared a $0.47 quarterly dividend, equivalent to a 1.7% yield.

TFI International Inc. (NYSE:TFII - Get Free Report) shares traded down 5.3% during trading on Monday after Susquehanna lowered their price target on the stock from $185.00 to $164.00. Susquehanna currently has a positive rating on the stock. TFI International traded as low as $114.53 and last traded at $112.5970. 27,891 shares were traded during trading, a decline of 92% from the average daily volume of 361,724 shares. The stock had previously closed at $118.90.

Other equities research analysts have also recently issued reports about the stock. Scotiabank reaffirmed an "outperform" rating on shares of TFI International in a research note on Tuesday, July 28th. JPMorgan Chase & Co. lifted their target price on shares of TFI International from $164.00 to $175.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 28th. UBS Group increased their price target on TFI International from $154.00 to $159.00 and gave the stock a "neutral" rating in a research note on Tuesday, July 28th. The Goldman Sachs Group lifted their price objective on TFI International from $145.00 to $168.00 and gave the company a "buy" rating in a research report on Tuesday, June 23rd. Finally, TD Cowen upped their target price on TFI International from $154.00 to $158.00 and gave the company a "buy" rating in a research note on Tuesday, July 28th. Fourteen research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $172.94.

Hedge Funds Weigh In On TFI International

Hedge funds and other institutional investors have recently modified their holdings of the company. Caisse de depot et placement du Quebec acquired a new stake in TFI International during the 2nd quarter worth approximately $910,995,000. Jupiter Topco LLC purchased a new stake in TFI International during the second quarter worth approximately $515,259,000. Maple Rock Capital Partners Inc. raised its stake in shares of TFI International by 4.2% in the 2nd quarter. Maple Rock Capital Partners Inc. now owns 1,418,409 shares of the company's stock valued at $203,641,000 after acquiring an additional 56,578 shares during the period. The Manufacturers Life Insurance Company purchased a new position in shares of TFI International in the 2nd quarter valued at $189,264,000. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of TFI International during the 2nd quarter valued at $136,656,000. 73.30% of the stock is owned by institutional investors and hedge funds.

TFI International Price Performance

The company's fifty day moving average is $133.82 and its two-hundred day moving average is $136.45. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.08 and a current ratio of 1.09. The firm has a market cap of $9.25 billion, a price-to-earnings ratio of 27.74, a price-to-earnings-growth ratio of 0.74 and a beta of 1.63.

TFI International (NYSE:TFII - Get Free Report) last announced its quarterly earnings results on Monday, July 27th. The company reported $1.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.59 by $0.26. The firm had revenue of $2.29 billion during the quarter, compared to the consensus estimate of $2.23 billion. TFI International had a return on equity of 14.87% and a net margin of 4.14%.TFI International has set its Q3 2026 guidance at 1.700-1.800 EPS. Equities research analysts forecast that TFI International Inc. will post 6.06 EPS for the current year.

TFI International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be issued a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a dividend yield of 1.7%. The ex-dividend date is Wednesday, September 30th. TFI International's dividend payout ratio (DPR) is presently 46.19%.

About TFI International

TFI International Inc is a transportation and logistics company headquartered in Saint-Laurent, Quebec. Through its operating companies, TFI International provides freight transportation, logistics and related services across North America, with operations serving Canada, the United States and Mexico.

The company's principal activities include less-than-truckload and truckload transportation, package and courier delivery, last-mile services, specialized transportation and logistics. Its specialized operations support industries and customers requiring services such as expedited delivery, freight brokerage, final-mile distribution, household moving and handling of specialized or regulated cargo.

TFI International traces its roots to 1957 and was previously known as TransForce Inc The company adopted the TFI International name in 2016 as part of a broader effort to reflect the scope of its transportation and logistics operations.

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