TFI International Inc. (NYSE:TFII) Receives $121.19 Consensus Price Target from Analysts

TFI International Inc. (NYSE:TFII - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the eighteen brokerages that are currently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $121.19.

A number of research analysts have weighed in on the stock. Susquehanna decreased their price objective on shares of TFI International from $105.00 to $100.00 and set a "positive" rating for the company in a research report 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. TD Cowen decreased their price objective on shares of TFI International from $128.00 to $115.00 and set a "buy" rating for the company in a research report on Friday, April 25th. Royal Bank of Canada decreased their price objective on shares of TFI International from $98.00 to $94.00 and set an "outperform" rating for the company in a research report on Monday, April 28th. Finally, UBS Group decreased 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.

Institutional Trading of TFI International

Several large investors have recently bought and sold shares of TFII. Brown Brothers Harriman & Co. boosted its holdings in TFI International by 124.8% in the 4th quarter. Brown Brothers Harriman & Co. now owns 236 shares of the company's stock valued at $32,000 after purchasing an additional 131 shares during the last quarter. CIBC Private Wealth Group LLC lifted its holdings in TFI International by 40.5% during the 4th quarter. CIBC Private Wealth Group LLC now owns 555 shares of the company's stock worth $74,000 after buying an additional 160 shares in the last quarter. United Services Automobile Association acquired a new stake in TFI International during the 1st quarter worth approximately $217,000. Sumitomo Mitsui Trust Group Inc. lifted its holdings in TFI International by 4.2% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 9,012 shares of the company's stock worth $698,000 after buying an additional 363 shares in the last quarter. Finally, Entropy Technologies LP increased its position in shares of TFI International by 46.9% in the 1st 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. Hedge funds and other institutional investors own 73.30% of the company's stock.

TFI International Stock Performance

NYSE TFII traded down $1.48 on Thursday, reaching $89.97. 496,054 shares of the company's stock traded hands, compared to its average volume of 352,607. The firm has a market cap of $7.51 billion, a price-to-earnings ratio of 17.99, a P/E/G ratio of 1.11 and a beta of 1.49. The stock has a 50 day moving average price of $84.19 and a 200-day moving average price of $106.70. TFI International has a fifty-two week low of $72.02 and a fifty-two week high of $158.93. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.96 and a current ratio of 1.03.

TFI International (NYSE:TFII - Get Free Report) last posted its earnings results on Wednesday, April 23rd. The company reported $0.76 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.95 by ($0.19). The business had revenue of $1.96 billion for the quarter, compared to analyst estimates of $1.46 billion. TFI International had a net margin of 5.08% and a return on equity of 18.40%. Equities research analysts predict that TFI International will post 7.76 EPS for the current fiscal year.

TFI International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be paid a dividend of $0.45 per share. The ex-dividend date of this dividend is Monday, June 30th. This represents a $1.80 annualized dividend and a yield of 2.00%. TFI International's dividend payout ratio is presently 39.39%.

About TFI International

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.