TFI International (NYSE:TFII) Price Target Lowered to $115.00 at TD Cowen

TFI International (NYSE:TFII - Get Free Report) had its target price reduced by investment analysts at TD Cowen from $128.00 to $115.00 in a research note issued on Friday, MarketBeat Ratings reports. The firm currently has a "buy" rating on the stock. TD Cowen's price objective would suggest a potential upside of 41.80% from the company's previous close.

Other research analysts have also issued reports about the stock. Susquehanna dropped their price objective on shares of TFI International from $135.00 to $105.00 and set a "positive" rating for the company in a research note on Monday, March 31st. Citigroup dropped their price objective on shares of TFI International from $130.00 to $95.00 and set a "buy" rating for the company in a research note on Tuesday, April 8th. Stephens dropped their price objective on shares of TFI International from $138.00 to $110.00 and set an "equal weight" rating for the company in a research note on Tuesday, February 25th. UBS Group lowered shares of TFI International from a "buy" rating to a "neutral" rating and dropped their price objective for the stock from $163.00 to $107.00 in a research note on Friday, February 21st. Finally, National Bank Financial raised shares of TFI International from a "hold" rating to a "strong-buy" rating in a research note on Thursday, April 3rd. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat, TFI International has a consensus rating of "Moderate Buy" and a consensus target price of $124.00.

TFI International Price Performance

TFII traded up $0.14 during trading hours on Friday, hitting $81.10. The company's stock had a trading volume of 98,264 shares, compared to its average volume of 323,479. The business's 50-day moving average price is $81.90 and its 200-day moving average price is $119.17. TFI International has a 12 month low of $72.02 and a 12 month high of $158.93. The stock has a market cap of $6.81 billion, a price-to-earnings ratio of 16.22, a P/E/G ratio of 1.11 and a beta of 1.57. The company has a current ratio of 1.03, a quick ratio of 0.96 and a debt-to-equity ratio of 0.86.

TFI International (NYSE:TFII - Get Free Report) last announced its quarterly 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). TFI International had a return on equity of 18.40% and a net margin of 5.08%. The business had revenue of $1.96 billion during the quarter, compared to the consensus estimate of $1.46 billion. Sell-side analysts expect that TFI International will post 7.76 earnings per share for the current fiscal year.

Institutional Trading of TFI International

A number of hedge funds have recently added to or reduced their stakes in TFII. Baillie Gifford & Co. purchased a new stake in TFI International in the fourth quarter worth about $148,623,000. QV Investors Inc. grew its position in shares of TFI International by 60.6% in the 1st quarter. QV Investors Inc. now owns 350,096 shares of the company's stock worth $27,103,000 after buying an additional 132,166 shares during the last quarter. Geode Capital Management LLC grew its position in shares of TFI International by 31.5% in the 4th quarter. Geode Capital Management LLC now owns 469,263 shares of the company's stock worth $64,345,000 after buying an additional 112,455 shares during the last quarter. Canoe Financial LP raised its stake in shares of TFI International by 168.5% during the 1st quarter. Canoe Financial LP now owns 36,857 shares of the company's stock worth $2,854,000 after acquiring an additional 23,131 shares in the last quarter. Finally, CDAM UK Ltd lifted its position in TFI International by 2.5% during the fourth quarter. CDAM UK Ltd now owns 381,102 shares of the company's stock valued at $51,483,000 after acquiring an additional 9,200 shares during 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.