TFI International (NYSE:TFII) Earns Hold (C-) Rating from Weiss Ratings

Key Points

• Weiss Ratings has reiterated a "hold (C-)" rating for TFI International, signaling a cautious outlook on the stock.
• Analysts have mixed views, with TFI International receiving ratings ranging from "Strong Buy" to "Sell" and a consensus target price of $120.29.
• In its latest earnings report, TFI International outperformed expectations, reporting earnings per share of $1.34 and revenue of <$2.04 billion, surpassing analysts' forecasts.

TFI International (NYSE:TFII - Get Free Report)'s stock had its "hold (c-)" rating reiterated by analysts at Weiss Ratings in a report issued on Tuesday,Weiss Ratings reports.

TFII has been the topic of a number of other research reports. Cormark cut TFI International from a "moderate buy" rating to a "hold" rating in a research note on Tuesday, July 29th. JPMorgan Chase & Co. dropped their price target on TFI International from $116.00 to $104.00 and set an "overweight" rating on the stock in a research note on Wednesday, October 8th. CIBC decreased their price objective on TFI International from $110.00 to $109.00 and set an "outperform" rating for the company in a research report on Wednesday, September 17th. UBS Group raised their price objective on TFI International from $90.00 to $102.00 and gave the stock a "neutral" rating in a research report on Friday, October 3rd. Finally, Bank of America raised their price objective on TFI International from $90.00 to $92.00 and gave the stock an "underperform" rating in a research report on Tuesday, July 29th. Two research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $120.29.

TFI International Trading Up 0.5%

TFII traded up $0.42 during trading on Tuesday, reaching $88.60. The company had a trading volume of 52,250 shares, compared to its average volume of 424,532. The firm's 50-day simple moving average is $91.96 and its 200 day simple moving average is $88.03. The company has a market cap of $7.29 billion, a price-to-earnings ratio of 20.33, a PEG ratio of 3.06 and a beta of 1.45. TFI International has a 12-month low of $72.02 and a 12-month high of $155.12. 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 issued its quarterly earnings results on Monday, July 28th. The company reported $1.34 earnings per share for the quarter, topping analysts' consensus estimates of $1.24 by $0.10. The firm had revenue of $2.04 billion for the quarter, compared to analysts' expectations of $1.49 billion. TFI International had a return on equity of 15.45% and a net margin of 4.48%. Equities research analysts anticipate that TFI International will post 7.76 earnings per share for the current year.

Institutional Investors Weigh In On TFI International

Several large investors have recently made changes to their positions in the company. Baskin Financial Services Inc. grew its stake in shares of TFI International by 1.7% in the 3rd quarter. Baskin Financial Services Inc. now owns 427,359 shares of the company's stock valued at $37,582,000 after buying an additional 7,207 shares in the last quarter. BNP Paribas Financial Markets grew its stake in shares of TFI International by 104.0% in the 2nd quarter. BNP Paribas Financial Markets now owns 125,737 shares of the company's stock valued at $11,275,000 after buying an additional 64,108 shares in the last quarter. Marshall Wace LLP bought a new stake in shares of TFI International in the 2nd quarter valued at approximately $294,000. Kennedy Capital Management LLC grew its stake in shares of TFI International by 23.1% in the 2nd quarter. Kennedy Capital Management LLC now owns 96,163 shares of the company's stock valued at $8,623,000 after buying an additional 18,049 shares in the last quarter. Finally, Dixon Mitchell Investment Counsel Inc. grew its stake in shares of TFI International by 44.4% in the 2nd quarter. Dixon Mitchell Investment Counsel Inc. now owns 818,334 shares of the company's stock valued at $73,714,000 after buying an additional 251,444 shares in the last quarter. Institutional investors own 73.30% of the company's stock.

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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