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

Shares of TFI International Inc. (NYSE:TFII - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the eighteen ratings firms that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $121.50.

Several equities analysts recently commented on the company. TD Cowen cut their target price on TFI International from $128.00 to $115.00 and set a "buy" rating for the company in a research report on Friday, April 25th. BMO Capital Markets lowered their target price on TFI International from $89.00 to $88.00 and set a "market perform" rating for the company in a research note on Friday, April 25th. Stifel Nicolaus set a $88.00 price objective on shares of TFI International in a report on Monday, April 28th. CIBC reissued an "outperform" rating on shares of TFI International in a research note on Tuesday, May 20th. Finally, Bank of America lifted their price target on shares of TFI International from $73.00 to $90.00 and gave the stock an "underperform" rating in a research report on Friday, May 16th.

Institutional Investors Weigh In On TFI International

Large investors have recently made changes to their positions in the stock. United Services Automobile Association acquired a new stake in TFI International in the 1st quarter valued at about $217,000. BI Asset Management Fondsmaeglerselskab A S raised its holdings in TFI International by 10.5% in the 1st quarter. BI Asset Management Fondsmaeglerselskab A S now owns 41,278 shares of the company's stock valued at $3,197,000 after acquiring an additional 3,925 shares in the last quarter. Quantbot Technologies LP lifted its position in TFI International by 877.9% during the first quarter. Quantbot Technologies LP now owns 78,466 shares of the company's stock worth $6,077,000 after purchasing an additional 70,442 shares during the period. Entropy Technologies LP lifted its holdings in shares of TFI International by 46.9% during the 1st quarter. Entropy Technologies LP now owns 13,656 shares of the company's stock worth $1,058,000 after acquiring an additional 4,361 shares during the period. Finally, Baskin Financial Services Inc. boosted its holdings in shares of TFI International by 1.2% in the 1st quarter. Baskin Financial Services Inc. now owns 413,366 shares of the company's stock valued at $32,002,000 after purchasing an additional 5,092 shares in the last quarter. Institutional investors and hedge funds own 73.30% of the company's stock.

TFI International Stock Performance

Shares of NYSE TFII opened at $93.97 on Monday. The company has a market cap of $7.84 billion, a P/E ratio of 20.56, a P/E/G ratio of 2.83 and a beta of 1.48. TFI International has a 12 month low of $72.02 and a 12 month high of $158.93. The business's 50 day moving average is $87.52 and its two-hundred day moving average is $100.04. 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 posted its quarterly 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). TFI International had a net margin of 4.59% and a return on equity of 16.69%. The firm had revenue of $1.96 billion during the quarter, compared to analyst estimates of $1.46 billion. On average, equities analysts expect that TFI International will post 7.76 EPS for the current year.

TFI International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be given a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.92%. 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.

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