Stifel Nicolaus Issues Positive Forecast for TFI International (NYSE:TFII) Stock Price

TFI International (NYSE:TFII - Get Free Report) had its price objective upped by investment analysts at Stifel Nicolaus from $88.00 to $91.00 in a research note issued to investors on Thursday,Benzinga reports. The firm presently has a "hold" rating on the stock. Stifel Nicolaus' target price would indicate a potential upside of 3.46% from the stock's current price.

TFII has been the subject of several other reports. UBS Group reduced their price objective on TFI International from $107.00 to $88.00 and set a "neutral" rating for the company in a research report on Wednesday, April 30th. CIBC decreased their price target on TFI International from $118.00 to $110.00 and set an "outperformer" rating on the stock in a report on Tuesday, July 8th. National Bankshares raised their target price on TFI International from $132.00 to $138.00 and gave the stock an "outperform" rating in a report on Friday, April 25th. TD Cowen dropped their target price on TFI International from $128.00 to $115.00 and set a "buy" rating on the stock in a research report on Friday, April 25th. Finally, Citigroup boosted their price target on TFI International from $107.00 to $108.00 and gave the stock a "buy" rating in a research report on Wednesday, July 9th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, TFI International has a consensus rating of "Moderate Buy" and a consensus price target of $116.44.

TFI International Price Performance

TFI International stock traded down $2.09 during midday trading on Thursday, hitting $87.96. The company's stock had a trading volume of 124,510 shares, compared to its average volume of 463,715. The stock's 50-day moving average price is $89.27 and its 200-day moving average price is $96.34. The company has a market capitalization of $7.30 billion, a PE ratio of 19.28, a price-to-earnings-growth ratio of 2.75 and a beta of 1.48. TFI International has a 12 month low of $72.02 and a 12 month high of $158.84. The company has a quick ratio of 1.02, a current ratio of 1.03 and a debt-to-equity ratio of 0.86.

TFI International (NYSE:TFII - Get Free Report) last released its earnings results on Wednesday, April 23rd. The company reported $0.76 earnings per share for the quarter, missing the consensus estimate of $0.95 by ($0.19). The business had revenue of $1.96 billion for the quarter, compared to analysts' expectations of $1.46 billion. TFI International had a net margin of 4.59% and a return on equity of 16.69%. Analysts anticipate that TFI International will post 7.76 earnings per share for the current fiscal year.

Institutional Trading of TFI International

A number of large investors have recently bought and sold shares of the company. Brown Brothers Harriman & Co. grew its position in TFI International by 124.8% during the fourth quarter. Brown Brothers Harriman & Co. now owns 236 shares of the company's stock worth $32,000 after buying an additional 131 shares in the last quarter. CIBC Private Wealth Group LLC grew its position in TFI International by 40.5% during the fourth quarter. CIBC Private Wealth Group LLC now owns 555 shares of the company's stock worth $74,000 after buying an additional 160 shares in the last quarter. United Services Automobile Association purchased a new position in TFI International during the first quarter worth about $217,000. Sumitomo Mitsui Trust Group Inc. grew its position in TFI International by 4.2% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 9,012 shares of the company's stock worth $698,000 after buying an additional 363 shares in the last quarter. Finally, Entropy Technologies LP grew its position in TFI International by 46.9% during the first quarter. Entropy Technologies LP now owns 13,656 shares of the company's stock worth $1,058,000 after buying an additional 4,361 shares in the last quarter. 73.30% of the stock is owned by hedge funds and other institutional investors.

TFI International Company Profile

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.

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