TFI International (NYSE:TFII) Upgraded to "Buy" at Bank of America

Key Points

• Bank of America upgraded TFI International from "neutral" to Buy and raised its price target to $161 (from $122), implying roughly a 16.4% upside from the current price.
• Q1 beat and stronger guidance: TFI reported EPS of $0.69 (vs. $0.59 est.) and revenue of $1.95B (vs. $1.87B est.), and set Q2 2026 guidance at $1.50–$1.60, above Street expectations.
• Underlying risks remain as Q1 EPS declined year‑over‑year and margins are thin (net margin ~3.9%), while the stock trades at a relatively high P/E (~37), which could limit multiple expansion despite positive guidance.

TFI International (NYSE:TFII - Get Free Report) was upgraded by stock analysts at Bank of America from a "neutral" rating to a "buy" rating in a research note issued on Tuesday,Benzinga reports. The brokerage currently has a $161.00 price objective on the stock, up from their previous price objective of $122.00. Bank of America's price objective points to a potential upside of 16.39% from the company's current price.

A number of other brokerages have also recently weighed in on TFII. Susquehanna lifted their price target on shares of TFI International from $123.00 to $134.00 and gave the stock a "positive" rating in a research report on Thursday, February 19th. Scotiabank reaffirmed a "sector perform" rating on shares of TFI International in a research note on Wednesday, January 21st. Zacks Research raised shares of TFI International from a "strong sell" rating to a "hold" rating in a research note on Monday, April 13th. The Goldman Sachs Group upped their target price on shares of TFI International from $116.00 to $128.00 and gave the stock a "buy" rating in a research note on Thursday, February 19th. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of TFI International in a research note on Friday, March 27th. Nine research analysts have rated the stock with a Buy rating and eight have issued a Hold 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 $134.79.

TFI International Price Performance

TFII opened at $138.32 on Tuesday. The company has a fifty day moving average price of $116.08 and a two-hundred day moving average price of $105.98. 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 52 week low of $78.92 and a 52 week high of $140.07. The firm has a market capitalization of $11.37 billion, a PE ratio of 37.18, a P/E/G ratio of 1.76 and a beta of 1.53.

TFI International (NYSE:TFII - Get Free Report) last released its earnings results on Monday, April 27th. The company reported $0.69 EPS for the quarter, topping analysts' consensus estimates of $0.59 by $0.10. TFI International had a net margin of 3.94% and a return on equity of 13.73%. The firm had revenue of $1.95 billion during the quarter, compared to analyst estimates of $1.87 billion. TFI International has set its Q2 2026 guidance at 1.500-1.600 EPS. As a group, analysts anticipate that TFI International will post 4.76 earnings per share for the current year.

Hedge Funds Weigh In On TFI International

Several large investors have recently modified their holdings of TFII. BI Asset Management Fondsmaeglerselskab A S raised its stake in TFI International by 0.5% during the fourth quarter. BI Asset Management Fondsmaeglerselskab A S now owns 24,172 shares of the company's stock worth $2,498,000 after buying an additional 121 shares during the last quarter. Cornerstone Planning Group LLC raised its stake in TFI International by 20,080.0% during the third quarter. Cornerstone Planning Group LLC now owns 1,009 shares of the company's stock worth $89,000 after buying an additional 1,004 shares during the last quarter. Twin Tree Management LP raised its stake in TFI International by 6.5% during the third quarter. Twin Tree Management LP now owns 16,527 shares of the company's stock worth $1,455,000 after buying an additional 1,013 shares during the last quarter. SG Americas Securities LLC bought a new stake in TFI International in the fourth quarter valued at $112,000. Finally, Sumitomo Mitsui Trust Group Inc. increased its stake in TFI International by 9.3% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 13,418 shares of the company's stock valued at $1,182,000 after purchasing an additional 1,143 shares in the last quarter. Institutional investors own 73.30% of the company's stock.

Trending Headlines about TFI International

Here are the key news stories impacting TFI International this week:

• Positive Sentiment: Q2 guidance raised well above consensus — management set Q2 2026 EPS guidance at $1.50–$1.60 vs. the Street at ~$1.30, signaling stronger near-term profit expectations. MarketBeat: TFI earnings & guidance
• Positive Sentiment: Q1 beat on both top and bottom lines — reported EPS $0.69 vs. $0.59 consensus and revenue $1.95B vs. $1.87B expected, suggesting demand held up and pricing/volume offset some cost pressure. Zacks: TFII Tops Q1 Estimates
• Neutral Sentiment: Company published full Q1 release, slide deck and hosted a conference call — materials are available for investors to review forward assumptions and segment performance (useful for modeling). MarketBeat: Conference call & press release
• Neutral Sentiment: Corporate governance update — all director nominees were re-elected at the annual meeting, removing governance uncertainty. GlobeNewswire: Shareholders Voting Results
• Negative Sentiment: EPS declined year-over-year and margins remain thin — Q1 EPS of $0.69 compares with $0.76 a year ago and net margin was ~3.9%, highlighting cost or mix pressures that could cap near-term multiple expansion. Zacks: Key metrics analysis

TFI International Company Profile

TFI International Inc NYSE: TFII is a leading North American transport and logistics company headquartered in Montreal, Quebec. The company operates through a network of subsidiaries that provide truckload, less-than-truckload (LTL), specialized freight, package and courier, and logistics services. By integrating these operations, TFI delivers comprehensive end-to-end solutions, including long-haul and regional transportation, expedited delivery, warehousing, and cross-border freight movement.

Originally founded in 1957 as a regional trucking outfit in Cabano, Quebec, TFI International has expanded significantly through a disciplined acquisition strategy.

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