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

Key Points

• Analyst consensus: Twenty brokerages give TFI International an average rating of "Moderate Buy" (10 buys, 9 holds, 1 strong buy) with a 12‑month average price target of $127.75.
• Quarterly beat: TFI reported $1.09 EPS versus $0.85 expected and revenue of $1.91 billion versus $1.37 billion expected, and analysts forecast about 7.76 EPS for the current fiscal year.
• Market snapshot: Shares opened at $101.94 with a 52‑week range of $72.02–$127.44, a market cap of $8.38 billion, a P/E of 27.4, and institutional investors owning roughly 73.3% of the stock.

TFI International Inc. (NYSE:TFII - Get Free Report) has been given an average recommendation of "Moderate Buy" by the twenty brokerages that are currently covering the company, MarketBeat reports. Nine analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $127.75.

TFII has been the topic of a number of research reports. Stifel Nicolaus boosted their target price on shares of TFI International from $113.00 to $116.00 and gave the stock a "hold" rating in a report on Thursday, February 19th. Needham & Company LLC set a $130.00 price objective on shares of TFI International in a report on Wednesday, February 18th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of TFI International in a research report on Monday, December 29th. Zacks Research upgraded TFI International from a "strong sell" rating to a "hold" rating in a research note on Wednesday, January 14th. Finally, Scotiabank reissued a "sector perform" rating on shares of TFI International in a report on Wednesday, January 21st.

Institutional Investors Weigh In On TFI International

Large investors have recently added to or reduced their stakes in the business. BI Asset Management Fondsmaeglerselskab A S lifted its holdings in TFI International by 0.5% in the fourth quarter. BI Asset Management Fondsmaeglerselskab A S now owns 24,172 shares of the company's stock valued at $2,498,000 after acquiring an additional 121 shares during the period. Cornerstone Planning Group LLC grew its stake in shares of TFI International by 20,080.0% during the 3rd quarter. Cornerstone Planning Group LLC now owns 1,009 shares of the company's stock valued at $89,000 after acquiring an additional 1,004 shares during the period. Twin Tree Management LP increased its holdings in TFI International by 6.5% in the 3rd quarter. Twin Tree Management LP now owns 16,527 shares of the company's stock worth $1,455,000 after acquiring an additional 1,013 shares in the last quarter. SG Americas Securities LLC purchased a new stake in TFI International in the 4th quarter worth approximately $112,000. Finally, Sumitomo Mitsui Trust Group Inc. raised its stake in TFI International by 9.3% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 13,418 shares of the company's stock worth $1,182,000 after acquiring an additional 1,143 shares during the period. Institutional investors own 73.30% of the company's stock.

TFI International Trading Down 1.0%

Shares of TFII stock opened at $101.94 on Friday. TFI International has a fifty-two week low of $72.02 and a fifty-two week high of $127.44. The stock's fifty day moving average price is $114.07 and its two-hundred day moving average price is $100.64. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.02 and a current ratio of 1.03. The company has a market cap of $8.38 billion, a PE ratio of 27.40, a P/E/G ratio of 1.29 and a beta of 1.53.

TFI International (NYSE:TFII - Get Free Report) last released its quarterly earnings data on Tuesday, February 17th. The company reported $1.09 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.24. The business had revenue of $1.91 billion for the quarter, compared to analyst estimates of $1.37 billion. TFI International had a return on equity of 13.73% and a net margin of 3.94%. Equities analysts predict that TFI International will post 7.76 EPS for the current fiscal year.

TFI International Company Profile

TFI International Inc NYSE: TFII is a leading North American transport and logistics company headquartered in Montreal, Quebec. The company operates through a network of subsidiaries that provide truckload, less-than-truckload (LTL), specialized freight, package and courier, and logistics services. By integrating these operations, TFI delivers comprehensive end-to-end solutions, including long-haul and regional transportation, expedited delivery, warehousing, and cross-border freight movement.

Originally founded in 1957 as a regional trucking outfit in Cabano, Quebec, TFI International has expanded significantly through a disciplined acquisition strategy.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.