TFI International (TSE:TFII) Share Price Passes Below 50-Day Moving Average - Here's Why

Key Points

• TFI shares crossed below its fifty-day moving average, trading as low as C$138.07 and last at C$138.20 versus a 50‑day MA of C$155.79 (200‑day MA C$139.31) on volume of 97,730 shares.
• Analysts have been lifting targets recently and the stock carries a consensus rating of "Moderate Buy" with an average price target of C$159, and individual targets as high as C$183 from Desjardins.
• Key fundamentals: market cap C$11.35 billion, PE 37.15, PEG 1.01 and debt‑to‑equity 138.05; last quarter EPS was C$1.50 on C$2.51 billion in revenue.

TFI International Inc. (TSE:TFII - Get Free Report) shares crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$155.79 and traded as low as C$138.07. TFI International shares last traded at C$138.20, with a volume of 97,730 shares changing hands.

Analyst Ratings Changes

A number of brokerages have recently weighed in on TFII. Stifel Nicolaus lifted their price objective on TFI International from C$100.00 to C$113.00 in a research report on Wednesday, January 21st. Desjardins upped their target price on TFI International from C$173.00 to C$183.00 and gave the company a "buy" rating in a report on Thursday, February 19th. Scotiabank raised their price target on TFI International from C$140.00 to C$170.00 and gave the stock a "sector perform" rating in a research note on Wednesday, January 21st. Finally, National Bank Financial lifted their price target on shares of TFI International from C$145.00 to C$170.00 and gave the company an "outperform" rating in a report on Friday, January 9th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of C$159.00.

TFI International Stock Down 0.7%

The company's fifty day simple moving average is C$155.79 and its 200 day simple moving average is C$139.31. The company has a quick ratio of 1.18, a current ratio of 1.03 and a debt-to-equity ratio of 138.05. The firm has a market capitalization of C$11.35 billion, a PE ratio of 37.15, a price-to-earnings-growth ratio of 1.01 and a beta of 1.45.

TFI International (TSE:TFII - Get Free Report) last posted its earnings results on Tuesday, February 17th. The company reported C$1.50 earnings per share for the quarter. The firm had revenue of C$2.51 billion for the quarter. TFI International had a return on equity of 11.65% and a net margin of 3.92%. Analysts anticipate that TFI International Inc. will post 12.2345048 earnings per share for the current fiscal year.

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. The truckload segment transports goods by flatbed trucks, containers, or a more specialised service. The company provides general logistics services through the logistics segment.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.