TFI International Inc. (TSE:TFII) Director Debra Kelly-Ennis Purchases 1,600 Shares

Key Points

• Debra Kelly-Ennis, Director of TFI International Inc., purchased 1,600 shares at an average price of C$122.34 per share, totaling approximately C$195,746.04.
• TFI International raised its quarterly dividend from $0.40 to $0.45 per share, reflecting a 1.48% dividend yield on an annualized basis.
• Research analysts provided mixed assessments, with revised price targets ranging from C$140.00 to C$171.00 and ratings of "outperform" and "buy" from various firms.

TFI International Inc. (TSE:TFII - Get Free Report) Director Debra Kelly-Ennis purchased 1,600 shares of the stock in a transaction that occurred on Wednesday, July 30th. The stock was acquired at an average cost of C$122.34 per share, for a total transaction of C$195,746.04.

TFI International Stock Down 2.6%

Shares of TSE TFII traded down C$3.15 during midday trading on Friday, hitting C$117.35. The company's stock had a trading volume of 406,710 shares, compared to its average volume of 296,458. The firm has a market capitalization of C$7.00 billion, a price-to-earnings ratio of 14.88, a price-to-earnings-growth ratio of 1.01 and a beta of 1.37. TFI International Inc. has a 1 year low of C$102.57 and a 1 year high of C$219.48. The company has a debt-to-equity ratio of 115.17, a current ratio of 0.98 and a quick ratio of 1.18. The business's fifty day simple moving average is C$122.38 and its two-hundred day simple moving average is C$132.70.

TFI International Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Tuesday, July 15th were given a dividend of $0.45 per share. This is a boost from TFI International's previous quarterly dividend of $0.40. The ex-dividend date of this dividend was Monday, June 30th. This represents a $1.80 annualized dividend and a dividend yield of 1.5%. TFI International's dividend payout ratio is 27.39%.

Analyst Upgrades and Downgrades

TFII has been the subject of several recent analyst reports. Desjardins dropped their price objective on shares of TFI International from C$171.00 to C$164.00 and set a "buy" rating for the company in a research note on Friday, April 25th. Scotiabank raised their price target on TFI International from C$140.00 to C$144.00 and gave the company a "sector perform" rating in a research note on Tuesday. Finally, National Bankshares reduced their price target on TFI International from C$142.00 to C$140.00 and set an "outperform" rating for the company in a research report on Tuesday.

About TFI International

TFI International Inc is a transportation and logistics company domiciled in Canada. The company organises itself into four segments: package and courier, less-than-truckload, truckload, and logistics. The package and courier segment picks up, transports, and delivers items across North America. The less-than-truckload segment transports smaller loads.