Shares of TFI International Inc. (NYSE:TFII - Get Free Report) saw strong trading volume on Tuesday . 381,163 shares were traded during mid-day trading, an increase of 9% from the previous session's volume of 349,705 shares.The stock last traded at $89.60 and had previously closed at $87.89.
Analyst Ratings Changes
Several research firms have recently weighed in on TFII. Stifel Nicolaus set a $88.00 price objective on shares of TFI International in a report on Monday, April 28th. UBS Group decreased their price objective on shares of TFI International from $107.00 to $88.00 and set a "neutral" rating for the company in a report on Wednesday, April 30th. Citigroup boosted their price objective on shares of TFI International from $95.00 to $107.00 and gave the company a "buy" rating in a report on Friday, April 25th. Bank of America boosted their price objective on shares of TFI International from $73.00 to $90.00 and gave the company an "underperform" rating in a report on Friday, May 16th. Finally, Veritas raised shares of TFI International from a "hold" rating to a "strong-buy" rating in a report on Tuesday, March 18th. One equities research analyst has rated the stock with a sell rating, four have assigned 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 company has a consensus rating of "Moderate Buy" and a consensus price target of $121.19.
Check Out Our Latest Research Report on TFII
TFI International Trading Down 1.6%
The company has a debt-to-equity ratio of 0.86, a current ratio of 1.03 and a quick ratio of 0.96. The stock's 50-day moving average is $84.19 and its two-hundred day moving average is $106.98. The stock has a market cap of $7.51 billion, a P/E ratio of 17.99, a price-to-earnings-growth ratio of 1.11 and a beta of 1.49.
TFI International (NYSE:TFII - Get Free Report) last released its quarterly earnings data on Wednesday, April 23rd. The company reported $0.76 EPS for the quarter, missing the consensus estimate of $0.95 by ($0.19). TFI International had a net margin of 5.08% and a return on equity of 18.40%. The business had revenue of $1.96 billion for the quarter, compared to the consensus estimate of $1.46 billion. Equities research analysts anticipate that TFI International Inc. will post 7.76 EPS for the current year.
TFI International Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th will be given a dividend of $0.45 per share. The ex-dividend date of this dividend is Monday, June 30th. This represents a $1.80 annualized dividend and a yield of 2.00%. TFI International's dividend payout ratio (DPR) is currently 39.39%.
Hedge Funds Weigh In On TFI International
Several institutional investors have recently bought and sold shares of the business. Baillie Gifford & Co. bought a new position in TFI International during the fourth quarter valued at $148,623,000. Geode Capital Management LLC lifted its position in TFI International by 31.5% during the fourth 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 during the last quarter. Baskin Financial Services Inc. lifted its position in TFI International by 1.2% during the first quarter. Baskin Financial Services Inc. now owns 413,366 shares of the company's stock valued at $32,002,000 after purchasing an additional 5,092 shares during the last quarter. CDAM UK Ltd lifted its position in TFI International by 2.5% during the fourth 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 during the last quarter. Finally, QV Investors Inc. lifted its holdings in shares of TFI International by 60.6% in the 1st quarter. QV Investors Inc. now owns 350,096 shares of the company's stock worth $27,103,000 after acquiring an additional 132,166 shares during the last quarter. Institutional investors own 73.30% of the company's stock.
About TFI International
(
Get Free Report)
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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