TFI International (NYSE:TFII) Price Target Cut to $107.00 by Analysts at TD Cowen

Key Points

• TFI International's price target has been reduced by TD Cowen from $115.00 to $107.00, suggesting an 18.28% potential upside from the stock's previous close while maintaining a "buy" rating.
• Multiple analysts have weighed in, with National Bankshares raising their target to $138.00 and BMO Capital Markets lowering theirs to $88.00, while the consensus average price target now stands at $115.94.
• TFI International's shares experienced a 3.3% decline, opening at $90.46, and the company reported a quarterly EPS of $1.34, exceeding expectations by $0.10.

TFI International (NYSE:TFII - Get Free Report) had its price objective lowered by investment analysts at TD Cowen from $115.00 to $107.00 in a research note issued on Tuesday,Briefing.com Automated Import reports. The brokerage currently has a "buy" rating on the stock. TD Cowen's target price would suggest a potential upside of 18.28% from the stock's previous close.

A number of other analysts also recently weighed in on TFII. National Bankshares lifted their price target on TFI International from $132.00 to $138.00 and gave the company an "outperform" rating in a research note on Friday, April 25th. BMO Capital Markets decreased their target price on shares of TFI International from $89.00 to $88.00 and set a "market perform" rating on the stock in a research report on Friday, April 25th. UBS Group lowered their price target on shares of TFI International from $107.00 to $88.00 and set a "neutral" rating on the stock in a research note on Wednesday, April 30th. Susquehanna Bancshares reduced 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 note on Friday, April 25th. Finally, Scotiabank lowered shares of 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, five have assigned a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $115.94.

TFI International Stock Down 3.3%

Shares of TFI International stock opened at $90.46 on Tuesday. The company has a market cap of $7.51 billion, a P/E ratio of 19.79, a PEG ratio of 2.88 and a beta of 1.48. The firm has a fifty day moving average of $89.33 and a two-hundred day moving average of $94.91. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.02 and a current ratio of 1.03. TFI International has a one year low of $72.02 and a one year high of $157.77.

TFI International (NYSE:TFII - Get Free Report) last posted its quarterly earnings results 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. TFI International had a net margin of 4.59% and a return on equity of 16.78%. The firm had revenue of $2.04 billion during the quarter, compared to analysts' expectations of $1.49 billion. On average, analysts forecast that TFI International will post 7.76 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Brown Brothers Harriman & Co. lifted its holdings 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 acquiring an additional 131 shares during the period. CIBC Private Wealth Group LLC increased its position in TFI International by 40.5% during the fourth quarter. CIBC Private Wealth Group LLC now owns 555 shares of the company's stock worth $74,000 after purchasing an additional 160 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. raised its stake in TFI International by 4.2% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 9,012 shares of the company's stock worth $698,000 after purchasing an additional 363 shares during the period. BI Asset Management Fondsmaeglerselskab A S raised its stake in TFI International by 7.8% during the fourth quarter. BI Asset Management Fondsmaeglerselskab A S now owns 37,353 shares of the company's stock worth $5,046,000 after purchasing an additional 2,696 shares during the period. Finally, United Services Automobile Association acquired a new position in shares of TFI International in the 1st quarter valued at $217,000. 73.30% of the stock is currently owned by institutional investors and hedge funds.

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.

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