Cormark Decreases Earnings Estimates for TFI International

Key Points

• Cormark has revised down TFI International's Q3 2025 earnings per share estimate from $1.44 to $1.17, maintaining a "Hold" rating on the stock.
• In addition, other brokerages have adjusted their target prices, with BMO Capital Markets lowering their target from $89.00 to $88.00 while Bank of America has increased theirs from $90.00 to $92.00.
• Despite the recent downgrades, TFI International's consensus rating is a "Moderate Buy" with a price target of $117.13 as per MarketBeat data.

TFI International Inc. (NYSE:TFII - Free Report) - Analysts at Cormark dropped their Q3 2025 EPS estimates for TFI International in a research report issued on Tuesday, July 29th. Cormark analyst D. Ocampo now expects that the company will post earnings of $1.17 per share for the quarter, down from their previous forecast of $1.44. Cormark currently has a "Hold" rating on the stock. The consensus estimate for TFI International's current full-year earnings is $7.76 per share. Cormark also issued estimates for TFI International's Q4 2025 earnings at $1.15 EPS, FY2025 earnings at $4.42 EPS, Q3 2026 earnings at $1.40 EPS, Q4 2026 earnings at $1.30 EPS and FY2026 earnings at $5.55 EPS.

TFII has been the topic of several other research reports. JPMorgan Chase & Co. lifted their target price on shares of TFI International from $101.00 to $116.00 and gave the company an "overweight" rating in a report on Tuesday. TD Cowen lowered their target price on shares of TFI International from $115.00 to $107.00 and set a "buy" rating on the stock in a report on Tuesday. Susquehanna boosted their price objective on shares of TFI International from $100.00 to $105.00 and gave the stock a "positive" rating in a report on Wednesday, June 18th. Stifel Nicolaus boosted their price objective on shares of TFI International from $88.00 to $91.00 and gave the stock a "hold" rating in a report on Thursday, July 24th. Finally, Royal Bank Of Canada decreased their price objective on shares of TFI International from $98.00 to $94.00 and set an "outperform" rating on the stock in a report on Monday, April 28th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, ten have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $117.13.

TFI International Stock Performance

Shares of NYSE:TFII traded down $2.13 during midday trading on Thursday, hitting $85.04. The stock had a trading volume of 443,744 shares, compared to its average volume of 435,968. The company has a market capitalization of $7.06 billion, a PE ratio of 19.50, a P/E/G ratio of 3.02 and a beta of 1.43. The stock has a 50 day moving average price of $89.38 and a two-hundred day moving average price of $94.19. The company has a current ratio of 1.05, a quick ratio of 1.02 and a debt-to-equity ratio of 0.88. TFI International has a 1 year low of $72.02 and a 1 year high of $155.12.

TFI International (NYSE:TFII - Get Free Report) last issued its earnings results on Monday, July 28th. The company reported $1.34 earnings per share for the quarter, beating the consensus estimate of $1.24 by $0.10. The business had revenue of $2.04 billion for the quarter, compared to the consensus estimate of $1.49 billion. TFI International had a net margin of 4.48% and a return on equity of 15.45%.

Institutional Trading of TFI International

Several institutional investors and hedge funds have recently modified their holdings of TFII. Geode Capital Management LLC raised its position in shares of TFI International by 31.5% in the fourth quarter. Geode Capital Management LLC now owns 469,263 shares of the company's stock valued at $64,345,000 after buying an additional 112,455 shares during the last quarter. Baskin Financial Services Inc. raised its position in shares of TFI International by 1.6% in the second quarter. Baskin Financial Services Inc. now owns 420,152 shares of the company's stock valued at $37,711,000 after buying an additional 6,786 shares during the last quarter. CDAM UK Ltd raised its position in shares of TFI International by 2.5% in the fourth quarter. CDAM UK Ltd now owns 381,102 shares of the company's stock valued at $51,483,000 after buying an additional 9,200 shares during the last quarter. QV Investors Inc. raised its position in shares of TFI International by 0.8% in the second quarter. QV Investors Inc. now owns 352,781 shares of the company's stock valued at $31,604,000 after buying an additional 2,685 shares during the last quarter. Finally, Argent Capital Management LLC raised its position in shares of TFI International by 303.4% in the second quarter. Argent Capital Management LLC now owns 142,864 shares of the company's stock valued at $12,811,000 after buying an additional 107,451 shares during the last quarter. Hedge funds and other institutional investors own 73.30% of the company's stock.

About TFI International

TFI International Inc, together with its subsidiaries, provides transportation and logistics services in the United States and Canada. The company operates through Package and Courier, Less-Than-Truckload (LTL), Truckload (TL), and Logistics segments. The Package and Courier segment engages in the pickup, transport, and delivery of items in North America.