TFI International (NYSE:TFII) Given a $108.00 Price Target by Citigroup Analysts

Key Points

• TFI International received a new target price of $108.00 from Citigroup analysts, suggesting a potential upside of 22.00% from the current stock price.
• The stock has an average rating of "Moderate Buy" with a consensus target price of $117.13, indicating generally positive sentiment among analysts.
• In its latest earnings report, TFI International surpassed analyst expectations with an earnings per share (EPS) of $1.34 and revenue of $2.04 billion, exceeding estimates significantly.

TFI International (NYSE:TFII - Get Free Report) received a $108.00 target price from analysts at Citigroup in a research report issued on Tuesday,BayStreet.CA reports. The firm presently has a "buy" rating on the stock. Citigroup's target price would suggest a potential upside of 22.00% from the stock's current price.

A number of other research analysts also recently issued reports on the stock. BMO Capital Markets decreased their target price on shares of TFI International from $89.00 to $88.00 and set a "market perform" rating for the company in a research report on Friday, April 25th. Susquehanna Bancshares decreased their price objective on shares of TFI International from $105.00 to $100.00 and set an "outperform" rating for the company in a research report on Friday, April 25th. National Bankshares upped their price objective on shares of TFI International from $132.00 to $138.00 and gave the stock an "outperform" rating in a research report on Friday, April 25th. Stifel Nicolaus upped their price objective on shares of TFI International from $88.00 to $91.00 and gave the stock a "hold" rating in a research report on Thursday, July 24th. Finally, Susquehanna upped their price objective on shares of TFI International from $100.00 to $105.00 and gave the stock a "positive" rating in a research report on Wednesday, June 18th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, ten have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $117.13.

TFI International Stock Performance

Shares of NYSE:TFII traded up $1.83 on Tuesday, hitting $88.52. 176,043 shares of the company were exchanged, compared to its average volume of 476,048. TFI International has a 1-year low of $72.02 and a 1-year high of $155.12. The stock's 50 day moving average price is $89.38 and its 200 day moving average price is $93.28. The company has a current ratio of 1.05, a quick ratio of 1.03 and a debt-to-equity ratio of 0.88. The firm has a market capitalization of $7.35 billion, a P/E ratio of 20.29, a price-to-earnings-growth ratio of 2.95 and a beta of 1.43.

TFI International (NYSE:TFII - Get Free Report) last posted its earnings results on Monday, July 28th. The company reported $1.34 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.24 by $0.10. The company had revenue of $2.04 billion during the quarter, compared to the consensus estimate of $1.49 billion. TFI International had a net margin of 4.48% and a return on equity of 15.45%. Sell-side analysts predict that TFI International will post 7.76 EPS for the current year.

Institutional Trading of TFI International

Several hedge funds have recently made changes to their positions in the company. 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. Baskin Financial Services Inc. lifted its holdings in TFI International by 1.2% during the 1st quarter. Baskin Financial Services Inc. now owns 413,366 shares of the company's stock worth $32,002,000 after buying an additional 5,092 shares in the last quarter. QV Investors Inc. lifted its holdings in TFI International by 60.6% during the 1st quarter. QV Investors Inc. now owns 350,096 shares of the company's stock worth $27,103,000 after buying an additional 132,166 shares in the last quarter. Geode Capital Management LLC lifted its holdings in TFI International by 31.5% during the 4th quarter. Geode Capital Management LLC now owns 469,263 shares of the company's stock worth $64,345,000 after buying an additional 112,455 shares in the last quarter. Finally, Canoe Financial LP lifted its holdings in TFI International by 168.5% during the 1st quarter. Canoe Financial LP now owns 36,857 shares of the company's stock worth $2,854,000 after buying an additional 23,131 shares in the last quarter. Hedge funds and other 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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