TFI International Inc. (NYSE:TFII) Receives Average Rating of "Moderate Buy" from Analysts

Key Points

• TFI International Inc. has received a consensus recommendation of "Moderate Buy" from analysts, with one sell rating, six hold ratings, ten buy ratings, and two strong buy ratings.
• The average 12-month target price for TFI International stock among brokerages is $117.13, reflecting a range of recent target price adjustments by various analysts.
• TFI International reported earnings of $1.34 per share for the last quarter, exceeding expectations by $0.10 and generating revenue of $2.04 billion, well above the forecast of $1.49 billion.

Shares of TFI International Inc. (NYSE:TFII - Get Free Report) have been assigned an average recommendation of "Moderate Buy" from the nineteen research firms that are presently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation, ten have given a buy recommendation and two have issued a strong buy recommendation on the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $117.13.

TFII has been the subject of several recent research reports. Royal Bank Of Canada decreased their target price on shares of TFI International from $98.00 to $94.00 and set an "outperform" rating for the company in a research note on Monday, April 28th. National Bankshares increased their price target on shares of TFI International from $132.00 to $138.00 and gave the company an "outperform" rating in a research report on Friday, April 25th. UBS Group raised their target price on shares of TFI International from $88.00 to $90.00 and gave the stock a "neutral" rating in a research report on Tuesday. JPMorgan Chase & Co. lifted their price target on shares of TFI International from $101.00 to $116.00 and gave the company an "overweight" rating in a report on Tuesday. Finally, Cormark lowered shares of TFI International from a "moderate buy" rating to a "hold" rating in a report on Tuesday.

TFI International Stock Down 2.4%

Shares of TFI International stock traded down $2.13 during trading hours on Friday, reaching $85.04. 443,744 shares of the company were exchanged, compared to its average volume of 435,968. TFI International has a 1 year low of $72.02 and a 1 year high of $155.12. The stock's fifty day moving average is $89.38 and its 200 day moving average is $94.19. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.02 and a current ratio of 1.05. The firm has a market cap of $7.06 billion, a PE ratio of 19.50, a PEG ratio of 3.02 and a beta of 1.43.

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

Institutional Trading of TFI International

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Sumitomo Mitsui Trust Group Inc. raised its holdings in shares of TFI International by 4.2% in the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 9,012 shares of the company's stock worth $698,000 after purchasing an additional 363 shares in the last quarter. Baskin Financial Services Inc. increased its stake in shares of TFI International by 1.2% during the 1st quarter. Baskin Financial Services Inc. now owns 413,366 shares of the company's stock worth $32,002,000 after purchasing an additional 5,092 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of TFI International by 31.5% during the 4th quarter. Geode Capital Management LLC now owns 469,263 shares of the company's stock worth $64,345,000 after purchasing an additional 112,455 shares during the last quarter. QV Investors Inc. boosted its holdings in shares of TFI International by 60.6% during 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 period. Finally, Canoe Financial LP boosted its holdings 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 buying an additional 23,131 shares during the period. 73.30% of the stock is currently owned by 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.