TFI International (NYSE:TFII) Downgraded by Cormark to "Hold"

Key Points

• TFI International's stock rating has been downgraded from "moderate buy" to "hold" by analysts at Cormark, while other firms have issued varied ratings and price target adjustments.
• Despite the downgrade, TFI International shares opened at $93.62, with a market capitalization of $7.77 billion and projected earnings of $1.20 EPS and $1.64 EPS for Q1 and Q2 of 2026, respectively.
• The company reported a quarterly revenue of $2.04 billion, exceeding analyst expectations, and has a consensus rating of "Moderate Buy" with an average price target of $117.13.

TFI International (NYSE:TFII - Get Free Report) was downgraded by Cormark from a "moderate buy" rating to a "hold" rating in a research report issued on Tuesday,Zacks.com reports. Cormark also issued estimates for TFI International's Q3 2025 earnings at $1.17 EPS, Q4 2025 earnings at $1.15 EPS, FY2025 earnings at $4.42 EPS, Q1 2026 earnings at $1.20 EPS, Q2 2026 earnings at $1.64 EPS, Q3 2026 earnings at $1.40 EPS, Q4 2026 earnings at $1.30 EPS and FY2026 earnings at $5.55 EPS.

Several other brokerages have also recently commented on TFII. JPMorgan Chase & Co. boosted their price target on TFI International from $101.00 to $116.00 and gave the company an "overweight" rating in a research note on Tuesday, July 29th. CIBC lowered their price target on TFI International from $118.00 to $110.00 and set an "outperformer" rating for the company in a research note on Tuesday, July 8th. Bank of America upped their target price on TFI International from $90.00 to $92.00 and gave the stock an "underperform" rating in a research report on Tuesday, July 29th. National Bank Financial raised TFI International from a "hold" rating to a "strong-buy" rating in a research report on Thursday, April 3rd. Finally, Scotiabank cut TFI International from a "sector outperform" rating to a "sector perform" rating in a research report on Thursday, July 10th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, ten have issued a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $117.13.

TFI International Price Performance

TFI International stock traded down $2.13 during midday trading on Tuesday, hitting $85.04. The company's stock had a trading volume of 443,744 shares, compared to its average volume of 435,968. The company has a quick ratio of 1.02, a current ratio of 1.05 and a debt-to-equity ratio of 0.88. The stock's 50-day moving average price is $89.38 and its 200-day moving average price is $93.90. TFI International has a 12 month low of $72.02 and a 12 month high of $155.12. The company has a market capitalization of $7.06 billion, a PE ratio of 19.50, 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 quarterly earnings data on Monday, July 28th. The company reported $1.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.24 by $0.10. The firm had revenue of $2.04 billion for the quarter, compared to the consensus estimate of $1.49 billion. TFI International had a return on equity of 15.45% and a net margin of 4.48%. Analysts anticipate that TFI International will post 7.76 earnings per share for the current fiscal year.

Institutional Trading of TFI International

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Brown Brothers Harriman & Co. grew its position in shares of TFI International by 124.8% during the 4th quarter. Brown Brothers Harriman & Co. now owns 236 shares of the company's stock worth $32,000 after buying an additional 131 shares during the period. CIBC Private Wealth Group LLC lifted its holdings in shares of TFI International by 40.5% during the 4th quarter. CIBC Private Wealth Group LLC now owns 555 shares of the company's stock valued at $74,000 after purchasing an additional 160 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of TFI International by 31.5% during the 4th quarter. Geode Capital Management LLC now owns 469,263 shares of the company's stock valued at $64,345,000 after purchasing an additional 112,455 shares in the last quarter. CDAM UK Ltd lifted its holdings in shares of TFI International by 2.5% during the 4th quarter. CDAM UK Ltd now owns 381,102 shares of the company's stock valued at $51,483,000 after purchasing an additional 9,200 shares in the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S lifted its holdings in shares of TFI International by 7.8% during the 4th quarter. BI Asset Management Fondsmaeglerselskab A S now owns 37,353 shares of the company's stock valued at $5,046,000 after purchasing an additional 2,696 shares in the last quarter. 73.30% of the stock is currently owned by institutional investors and hedge funds.

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.