TFI International (NYSE:TFII) Stock Price Expected to Rise, Susquehanna Analyst Says

TFI International (NYSE:TFII - Free Report) had its price objective increased by Susquehanna from $100.00 to $105.00 in a research note published on Wednesday morning,Benzinga reports. Susquehanna currently has a positive rating on the stock.

Other equities research analysts also recently issued research reports about the stock. The Goldman Sachs Group dropped their price target on shares of TFI International from $176.00 to $150.00 and set a "buy" rating on the stock in a research note on Friday, February 21st. TD Cowen dropped their price target on shares of TFI International from $128.00 to $115.00 and set a "buy" rating on the stock in a research note on Friday, April 25th. UBS Group dropped 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. CIBC reaffirmed an "outperform" rating on shares of TFI International in a research note on Tuesday, May 20th. Finally, National Bank Financial raised shares of TFI International from a "hold" rating to a "strong-buy" rating in a research note on Thursday, April 3rd. One investment analyst has rated the stock with a sell rating, four have given a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $121.50.

TFI International Trading Down 0.8%

NYSE TFII traded down $0.75 during mid-day trading on Wednesday, reaching $88.04. 236,609 shares of the stock were exchanged, compared to its average volume of 354,039. TFI International has a 1-year low of $72.02 and a 1-year high of $158.93. The business's fifty day simple moving average is $85.06 and its 200 day simple moving average is $104.88. The stock has a market capitalization of $7.35 billion, a PE ratio of 19.26, a PEG ratio of 2.67 and a beta of 1.49. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.02 and a current ratio of 1.03.

TFI International (NYSE:TFII - Get Free Report) last announced its quarterly earnings results on Wednesday, April 23rd. The company reported $0.76 earnings per share for the quarter, missing analysts' consensus estimates of $0.95 by ($0.19). The company had revenue of $1.96 billion during the quarter, compared to analyst estimates of $1.46 billion. TFI International had a net margin of 4.59% and a return on equity of 16.69%. On average, research analysts anticipate that TFI International will post 7.76 earnings per share for the current fiscal year.

TFI International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th will be paid a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 2.04%. The ex-dividend date is Monday, June 30th. TFI International's dividend payout ratio is 39.39%.

Hedge Funds Weigh In On TFI International

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Brown Brothers Harriman & Co. boosted its stake in shares of TFI International by 124.8% in the fourth quarter. Brown Brothers Harriman & Co. now owns 236 shares of the company's stock valued at $32,000 after buying an additional 131 shares during the period. CIBC Private Wealth Group LLC lifted its stake in shares of TFI International by 40.5% in the fourth quarter. CIBC Private Wealth Group LLC now owns 555 shares of the company's stock worth $74,000 after acquiring an additional 160 shares during the period. United Services Automobile Association acquired a new position in shares of TFI International in the first quarter worth approximately $217,000. Sumitomo Mitsui Trust Group Inc. increased its holdings in TFI International by 4.2% in 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 in the last quarter. Finally, Entropy Technologies LP increased its holdings in TFI International by 46.9% in the first quarter. Entropy Technologies LP now owns 13,656 shares of the company's stock worth $1,058,000 after purchasing an additional 4,361 shares in the last quarter. Institutional investors own 73.30% of the company's stock.

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.