TFI International (NYSE:TFII - Free Report) had its price objective increased by JPMorgan Chase & Co. from $98.00 to $101.00 in a research note issued to investors on Tuesday morning,Benzinga reports. They currently have an overweight rating on the stock.
A number of other research analysts also recently issued reports on TFII. Bank of America boosted their price objective on TFI International from $73.00 to $90.00 and gave the company an "underperform" rating in a research note on Friday, May 16th. UBS Group dropped their price target on shares of TFI International from $107.00 to $88.00 and set a "neutral" rating for the company in a research report on Wednesday, April 30th. TD Cowen decreased their price objective on shares of TFI International from $128.00 to $115.00 and set a "buy" rating on the stock in a research report on Friday, April 25th. BMO Capital Markets dropped their target price on shares of TFI International from $89.00 to $88.00 and set a "market perform" rating for the company in a report on Friday, April 25th. Finally, National Bankshares increased their price target on TFI International from $132.00 to $138.00 and gave the stock an "outperform" rating in a research note on Friday, April 25th. One equities 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 assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $116.25.
Check Out Our Latest Research Report on TFI International
TFI International Stock Performance
Shares of TFII stock traded down $2.19 on Tuesday, reaching $90.23. The stock had a trading volume of 106,131 shares, compared to its average volume of 476,759. 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 has a 1 year low of $72.02 and a 1 year high of $158.93. The stock has a market cap of $7.49 billion, a P/E ratio of 19.74, a price-to-earnings-growth ratio of 2.87 and a beta of 1.48. The company has a 50 day simple moving average of $88.46 and a 200 day simple moving average of $99.29.
TFI International (NYSE:TFII - Get Free Report) last issued its quarterly earnings results 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). TFI International had a return on equity of 16.69% and a net margin of 4.59%. The business had revenue of $1.96 billion for the quarter, compared to analysts' expectations of $1.46 billion. Equities research analysts expect that TFI International will post 7.76 EPS for the current year.
TFI International Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 1.99%. The ex-dividend date is Monday, June 30th. TFI International's payout ratio is presently 39.39%.
Hedge Funds Weigh In On TFI International
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TFII. QV Investors Inc. raised its position in TFI International by 60.6% during the first quarter. QV Investors Inc. now owns 350,096 shares of the company's stock valued at $27,103,000 after purchasing an additional 132,166 shares during the period. Geode Capital Management LLC raised 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 period. Quantbot Technologies LP raised its position in TFI International by 877.9% during the first quarter. Quantbot Technologies LP now owns 78,466 shares of the company's stock valued at $6,077,000 after purchasing an additional 70,442 shares during the period. Canoe Financial LP raised its holdings in shares of TFI International by 168.5% in the first quarter. Canoe Financial LP now owns 36,857 shares of the company's stock worth $2,854,000 after buying an additional 23,131 shares during the period. Finally, CDAM UK Ltd raised its holdings in shares of TFI International by 2.5% in the fourth quarter. CDAM UK Ltd now owns 381,102 shares of the company's stock worth $51,483,000 after buying an additional 9,200 shares during the period. 73.30% of the stock is owned by institutional investors.
TFI International Company Profile
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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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