TFI International (TSE:TFII) Shares Cross Below Fifty Day Moving Average - Should You Sell?

Shares of TFI International Inc. (TSE:TFII - Get Free Report) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$195.59 and traded as low as C$175.17. TFI International shares last traded at C$176.14, with a volume of 198,375 shares changing hands.

Analysts Set New Price Targets

Several equities research analysts have commented on the company. National Bank Financial dropped their price target on TFI International from C$208.00 to C$160.00 and set an "outperform" rating for the company in a research note on Friday, July 10th. Scotiabank raised shares of TFI International from a "sector perform" rating to a "sector outperform" rating and increased their target price for the stock from C$200.00 to C$260.00 in a research report on Thursday, July 16th. Finally, Desjardins raised 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 report on Tuesday, July 28th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, TFI International has a consensus rating of "Buy" and a consensus price target of C$184.40.

TFI International Stock Down 0.0%

The firm has a 50-day simple moving average of C$195.59 and a 200 day simple moving average of C$188.38. The company has a market capitalization of C$14.48 billion, a PE ratio of 43.28, a price-to-earnings-growth ratio of 1.01 and a beta of 1.85. The company has a debt-to-equity ratio of 111.46, a current ratio of 1.09 and a quick ratio of 1.18.

TFI International (TSE:TFII - Get Free Report) last issued its earnings results on Monday, July 27th. The company reported C$2.63 earnings per share for the quarter. TFI International had a return on equity of 12.39% and a net margin of 4.11%.The company had revenue of C$3.25 billion during the quarter. On average, research analysts predict that TFI International Inc. will post 12.2345048 EPS for the current fiscal year.

TFI International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Thursday, October 15th will be paid a dividend of $0.47 per share. The ex-dividend date is Tuesday, September 29th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 1.1%. TFI International's dividend payout ratio (DPR) is currently 45.70%.

Insider Buying and Selling

In other news, Director Rosemary Turner bought 3,643 shares of the firm's stock in a transaction dated Thursday, August 20th. The stock was acquired at an average cost of C$197.58 per share, for a total transaction of C$719,783.94. Following the completion of the purchase, the director owned 3,945 shares of the company's stock, valued at C$779,453.10. This trade represents a 1,206.29% increase in their ownership of the stock. Also, Director Keith Hall sold 1,069 shares of the company's stock in a transaction on Monday, August 17th. The shares were sold at an average price of C$205.95, for a total transaction of C$220,160.55. Company insiders own 5.97% of the company's stock.

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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