National Bankshares Issues Positive Forecast for TFI International (TSE:TFII) Stock Price

TFI International (TSE:TFII - Free Report) had its price target lifted by National Bankshares from C$138.00 to C$142.00 in a research report sent to investors on Friday morning,BayStreet.CA reports.

A number of other research firms have also issued reports on TFII. Scotiabank lowered TFI International from an "outperform" rating to a "sector perform" rating and reduced their price objective for the company from C$145.00 to C$140.00 in a research report on Thursday. Desjardins cut their target price on TFI International from C$171.00 to C$164.00 and set a "buy" rating on the stock in a research note on Friday, April 25th.

TFI International Stock Performance

TSE:TFII traded down C$3.17 during midday trading on Friday, reaching C$123.12. 290,756 shares of the company traded hands, compared to its average volume of 296,175. TFI International has a twelve month low of C$102.57 and a twelve month high of C$219.57. The firm has a market capitalization of C$7.34 billion, a price-to-earnings ratio of 15.61, a price-to-earnings-growth ratio of 1.01 and a beta of 1.37. The company has a debt-to-equity ratio of 115.17, a current ratio of 0.98 and a quick ratio of 1.18. The company has a fifty day moving average price of C$121.78 and a 200 day moving average price of C$139.19.

TFI International Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Tuesday, July 15th will be paid 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 1.46%. This is an increase from TFI International's previous quarterly dividend of $0.40. TFI International's payout ratio is presently 27.39%.

Insider Buying and Selling at TFI International

In other news, Director Debra Kelly-Ennis acquired 2,000 shares of the company's stock in a transaction dated Tuesday, April 29th. The shares were bought at an average price of C$110.43 per share, with a total value of C$220,855.20. Also, Director Leslie Abi-Karam acquired 1,230 shares of the company's stock in a transaction dated Friday, April 25th. The stock was purchased at an average cost of C$112.99 per share, for a total transaction of C$138,981.51. 5.97% of the stock is owned by insiders.

TFI International Company Profile

TFI International Inc is a transportation and logistics company domiciled in Canada. The company organises itself into four segments: package and courier, less-than-truckload, truckload, and logistics. The package and courier segment picks up, transports, and delivers items across North America. The less-than-truckload segment transports smaller loads.