TFI International Inc. (NYSE:TFII) Receives $121.50 Consensus Target Price from Analysts

Shares of TFI International Inc. (NYSE:TFII - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the eighteen ratings firms that are covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation, ten have given a buy recommendation and two have given a strong buy recommendation to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $116.25.

Several equities analysts have commented on TFII shares. TD Cowen lowered their target price on shares of TFI International from $128.00 to $115.00 and set a "buy" rating on the stock in a research note on Friday, April 25th. Veritas upgraded shares of TFI International from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, March 18th. Susquehanna Bancshares reduced their price objective on shares of TFI International from $105.00 to $100.00 and set an "outperform" rating for the company in a research report on Friday, April 25th. UBS Group reduced their price objective on shares of TFI International from $107.00 to $88.00 and set a "neutral" rating for the company in a research report on Wednesday, April 30th. Finally, Citigroup raised their price objective on shares of TFI International from $107.00 to $108.00 and gave the company a "buy" rating in a research report on Wednesday.

Institutional Trading of TFI International

Several institutional investors have recently made changes to their positions in the stock. QV Investors Inc. raised its position in TFI International by 60.6% during the first quarter. QV Investors Inc. now owns 350,096 shares of the company's stock valued at $27,103,000 after acquiring an additional 132,166 shares in the last quarter. 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 purchasing an additional 112,455 shares during the period. Quantbot Technologies LP raised its position in shares of TFI International by 877.9% in the first quarter. Quantbot Technologies LP now owns 78,466 shares of the company's stock valued at $6,077,000 after purchasing an additional 70,442 shares during the period. Canoe Financial LP raised its position in shares of TFI International by 168.5% in the first quarter. Canoe Financial LP now owns 36,857 shares of the company's stock valued at $2,854,000 after purchasing an additional 23,131 shares during the period. Finally, 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 purchasing an additional 9,200 shares during the period. 73.30% of the stock is currently owned by institutional investors and hedge funds.

TFI International Price Performance

TFI International stock traded down $0.98 during trading hours on Monday, hitting $92.48. 344,515 shares of the company traded hands, compared to its average volume of 364,516. The firm has a market cap of $7.68 billion, a P/E ratio of 20.24, a P/E/G ratio of 2.87 and a beta of 1.48. The company has a quick ratio of 1.02, a current ratio of 1.03 and a debt-to-equity ratio of 0.86. The firm's 50-day simple moving average is $88.46 and its two-hundred day simple moving average is $99.29. TFI International has a 1-year low of $72.02 and a 1-year high of $158.93.

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

TFI International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be issued a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 1.95%. The ex-dividend date is Monday, June 30th. TFI International's dividend payout ratio is currently 39.39%.

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.