TFI International (NYSE:TFII) Price Target Cut to $94.00 by Analysts at Royal Bank of Canada

TFI International (NYSE:TFII - Get Free Report) had its target price cut by stock analysts at Royal Bank of Canada from $98.00 to $94.00 in a report released on Monday,BayStreet.CA reports. The brokerage presently has an "outperform" rating on the stock. Royal Bank of Canada's price objective would indicate a potential upside of 14.31% from the company's current price.

A number of other research firms also recently issued reports on TFII. Susquehanna cut their price target on TFI International from $105.00 to $100.00 and set a "positive" rating for the company in a research note on Friday, April 25th. National Bankshares upped their target price on shares of TFI International from $132.00 to $138.00 and gave the company an "outperform" rating in a report on Friday, April 25th. Susquehanna Bancshares decreased their price target on shares of TFI International from $105.00 to $100.00 and set an "outperform" rating on the stock in a research report on Friday, April 25th. Bank of America downgraded shares of TFI International from a "neutral" rating to an "underperform" rating in a research report on Thursday, February 20th. Finally, Stifel Nicolaus decreased their target price on TFI International from $120.00 to $105.00 and set a "hold" rating on the stock in a report on Monday, April 14th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $124.00.

TFI International Stock Up 2.6 %

Shares of TFI International stock traded up $2.05 on Monday, reaching $82.23. The company's stock had a trading volume of 517,391 shares, compared to its average volume of 323,849. TFI International has a 52 week low of $72.02 and a 52 week high of $158.93. The firm's fifty day simple moving average is $81.23 and its two-hundred day simple moving average is $118.11. The company has a quick ratio of 0.96, a current ratio of 1.03 and a debt-to-equity ratio of 0.86. The company has a market capitalization of $6.91 billion, a price-to-earnings ratio of 16.45, a P/E/G ratio of 1.11 and a beta of 1.57.

TFI International (NYSE:TFII - Get Free Report) last released its quarterly earnings data on Wednesday, April 23rd. The company reported $0.76 earnings per share for the quarter, missing the consensus estimate of $0.95 by ($0.19). The company had revenue of $1.96 billion for the quarter, compared to analysts' expectations of $1.46 billion. TFI International had a net margin of 5.08% and a return on equity of 18.40%. Equities analysts anticipate that TFI International will post 7.76 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of TFII. Brown Brothers Harriman & Co. raised its holdings in TFI International by 124.8% in the 4th quarter. Brown Brothers Harriman & Co. now owns 236 shares of the company's stock worth $32,000 after purchasing an additional 131 shares during the period. CIBC Private Wealth Group LLC raised its stake 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 worth $74,000 after buying an additional 160 shares during the period. Sumitomo Mitsui Trust Group Inc. lifted its position in shares of TFI International by 4.2% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 9,012 shares of the company's stock valued at $698,000 after buying an additional 363 shares in the last quarter. Entropy Technologies LP grew its stake in TFI International by 97.8% in the 4th quarter. Entropy Technologies LP now owns 9,295 shares of the company's stock valued at $1,256,000 after acquiring an additional 4,595 shares during the period. Finally, Legato Capital Management LLC increased its holdings in TFI International by 8.9% in the 4th quarter. Legato Capital Management LLC now owns 10,468 shares of the company's stock worth $1,414,000 after acquiring an additional 859 shares in the last quarter. Institutional investors and hedge funds 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.