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

Key Points

• TFI International Inc. has received a consensus rating of "Moderate Buy" from nineteen research firms, with a 1-year price target averaging $117.13.
• Institutional investors currently own 73.30% of the company's stock, indicating strong institutional interest and backing.
• In the latest earnings report, TFI International surpassed analysts' expectations with an EPS of $1.34 and revenues of $2.04 billion, significantly higher than the consensus estimate of $1.49 billion.

Shares of TFI International Inc. (NYSE:TFII - Get Free Report) have received a consensus rating of "Moderate Buy" from the nineteen research firms that are presently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating, six have given a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $117.1250.

A number of equities analysts recently commented on the company. TD Cowen dropped their price objective on TFI International from $115.00 to $107.00 and set a "buy" rating on the stock in a report on Tuesday, July 29th. Citigroup set a $108.00 price objective on TFI International and gave the stock a "buy" rating in a report on Tuesday, August 5th. Susquehanna increased their price objective on TFI International from $100.00 to $105.00 and gave the stock a "positive" rating in a report on Wednesday, June 18th. Scotiabank downgraded TFI International from a "sector outperform" rating to a "sector perform" rating in a report on Thursday, July 10th. Finally, Stifel Nicolaus increased their price target on TFI International from $88.00 to $91.00 and gave the company a "hold" rating in a report on Thursday, July 24th.

Hedge Funds Weigh In On TFI International

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. United Services Automobile Association acquired a new position in TFI International during the first quarter valued at approximately $217,000. Marshall Wace LLP acquired a new position in TFI International during the second quarter valued at approximately $294,000. Sumitomo Mitsui Trust Group Inc. grew its holdings in TFI International by 4.2% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 9,012 shares of the company's stock valued at $698,000 after purchasing an additional 363 shares during the last quarter. Entropy Technologies LP grew its holdings in TFI International by 46.9% during the first quarter. Entropy Technologies LP now owns 13,656 shares of the company's stock valued at $1,058,000 after purchasing an additional 4,361 shares during the last quarter. Finally, Canoe Financial LP grew its holdings in TFI International by 168.5% during 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 last quarter. Institutional investors and hedge funds own 73.30% of the company's stock.

TFI International Trading Down 2.2%

NYSE:TFII opened at $94.6470 on Tuesday. The stock's 50 day moving average price is $90.09 and its 200 day moving average price is $88.71. TFI International has a 52 week low of $72.02 and a 52 week high of $155.12. The company has a market capitalization of $7.81 billion, a P/E ratio of 21.71, a P/E/G ratio of 3.34 and a beta of 1.43. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.03 and a current ratio of 1.05.

TFI International (NYSE:TFII - Get Free Report) last released its quarterly earnings data 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 return on equity of 15.45% and a net margin of 4.48%.The firm had revenue of $2.04 billion for the quarter, compared to the consensus estimate of $1.49 billion. On average, research analysts forecast that TFI International will post 7.76 EPS for the current fiscal year.

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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