TFI International Inc. (NYSE:TFII) Given Consensus Rating of "Moderate Buy" by Brokerages

Key Points

• TFI International Inc. has received an average rating of "Moderate Buy" from 22 analysts, with target prices varying between $90.00 and $120.29.
• The company recently reported quarterly earnings of $1.34 per share, exceeding analyst expectations, with a revenue of $2.04 billion for the quarter.
• TFI International declared a quarterly dividend of $0.45 per share, reflecting an annualized yield of 2.0% and a payout ratio of 41.28%.

TFI International Inc. (NYSE:TFII - Get Free Report) has been assigned an average rating of "Moderate Buy" from the twenty-two analysts that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation, twelve have assigned a buy recommendation and two have given a strong buy recommendation to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $120.2941.

Several research analysts have recently issued reports on TFII shares. Citigroup upped their target price on shares of TFI International from $108.00 to $110.00 and gave the company a "buy" rating in a report on Monday. JPMorgan Chase & Co. lowered their target price on shares of TFI International from $116.00 to $104.00 and set an "overweight" rating for the company in a report on Wednesday, October 8th. Royal Bank Of Canada upped their target price on shares of TFI International from $102.00 to $106.00 and gave the company an "outperform" rating in a report on Wednesday, October 8th. Cormark cut shares of TFI International from a "moderate buy" rating to a "hold" rating in a report on Tuesday, July 29th. Finally, UBS Group upped their target price on shares of TFI International from $90.00 to $102.00 and gave the company a "neutral" rating in a report on Friday, October 3rd.

TFI International Trading Up 1.5%

Shares of TFII stock opened at $89.54 on Wednesday. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.03 and a current ratio of 1.05. The stock has a market capitalization of $7.37 billion, a P/E ratio of 20.54, a price-to-earnings-growth ratio of 3.12 and a beta of 1.45. The company has a 50 day moving average price of $91.98 and a 200 day moving average price of $88.04. TFI International has a fifty-two week low of $72.02 and a fifty-two week high of $155.12.

TFI International (NYSE:TFII - Get Free Report) last announced its quarterly earnings data on Monday, July 28th. The company reported $1.34 earnings per share for the quarter, beating analysts' consensus estimates of $1.24 by $0.10. The firm had revenue of $2.04 billion during the quarter, compared to analysts' expectations of $1.49 billion. TFI International had a net margin of 4.48% and a return on equity of 15.45%. Equities research analysts predict that TFI International will post 7.76 EPS for the current fiscal year.

TFI International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be given a $0.45 dividend. The ex-dividend date is Monday, September 29th. This represents a $1.80 annualized dividend and a yield of 2.0%. TFI International's dividend payout ratio is 41.28%.

Institutional Trading of TFI International

Several institutional investors and hedge funds have recently bought and sold shares of the business. Baskin Financial Services Inc. raised its position in TFI International by 1.7% in the 3rd quarter. Baskin Financial Services Inc. now owns 427,359 shares of the company's stock valued at $37,582,000 after purchasing an additional 7,207 shares during the last quarter. BNP Paribas Financial Markets raised its position in TFI International by 104.0% in the 2nd quarter. BNP Paribas Financial Markets now owns 125,737 shares of the company's stock valued at $11,275,000 after purchasing an additional 64,108 shares during the last quarter. Marshall Wace LLP purchased a new stake in TFI International in the 2nd quarter valued at $294,000. Kennedy Capital Management LLC raised its position in TFI International by 23.1% during the 2nd quarter. Kennedy Capital Management LLC now owns 96,163 shares of the company's stock worth $8,623,000 after buying an additional 18,049 shares during the last quarter. Finally, Dixon Mitchell Investment Counsel Inc. raised its position in TFI International by 44.4% during the 2nd quarter. Dixon Mitchell Investment Counsel Inc. now owns 818,334 shares of the company's stock worth $73,714,000 after buying an additional 251,444 shares during the last quarter. Hedge funds and other institutional investors own 73.30% of the company's stock.

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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