TFI International (TSE:TFII) Shares Pass Below 50-Day Moving Average - Time to Sell?

Key Points

• TFI International shares fell below their 50-day moving average, trading as low as C$195.27 versus the C$209.34 average, which may signal near-term technical weakness.
• Analyst views remain broadly positive, with a consensus “Buy” rating, though price targets vary widely from C$160 to C$260; the consensus target is C$184.40.
• The company reported C$2.63 quarterly EPS on C$3.25 billion in revenue, while insiders sold approximately C$15.2 million worth of shares over the past three months.

TFI International Inc. (TSE:TFII - Get Free Report)'s share price crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$209.34 and traded as low as C$195.27. TFI International shares last traded at C$195.41, with a volume of 262,694 shares.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. Desjardins boosted their price target on TFI International from C$221.00 to C$245.00 and gave the stock a "buy" rating in a research report on Tuesday, July 28th. Scotiabank raised shares of TFI International from a "sector perform" rating to a "sector outperform" rating and increased their price objective for the company from C$200.00 to C$260.00 in a research report on Thursday, July 16th. Finally, National Bank Financial lowered their price objective on shares of TFI International from C$208.00 to C$160.00 and set an "outperform" rating for the company in a research report on Friday, July 10th. Four investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and a consensus target price of C$184.40.

TFI International Price Performance

The stock has a market cap of C$16.06 billion, a price-to-earnings ratio of 48.01, a PEG ratio of 1.01 and a beta of 1.74. The company has a 50 day simple moving average of C$209.34 and a 200-day simple moving average of C$181.66. The company has a quick ratio of 1.18, a current ratio of 1.09 and a debt-to-equity ratio of 111.46.

TFI International (TSE:TFII - Get Free Report) last announced its quarterly earnings data on Monday, July 27th. The company reported C$2.63 earnings per share (EPS) for the quarter. The firm had revenue of C$3.25 billion for the quarter. TFI International had a return on equity of 12.39% and a net margin of 4.11%. As a group, research analysts anticipate that TFI International Inc. will post 12.2345048 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, insider David Joseph Saperstein sold 4,000 shares of TFI International stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of C$218.75, for a total value of C$875,000.00. Following the completion of the transaction, the insider directly owned 31,811 shares of the company's stock, valued at approximately C$6,958,656.25. The trade was a 11.17% decrease in their position. Also, Director Alain Bédard sold 5,000 shares of the business's stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of C$231.93, for a total transaction of C$1,159,650.00. Following the sale, the director directly owned 145,000 shares of the company's stock, valued at approximately C$33,629,850. This represents a 3.33% decrease in their position. Insiders have sold 70,193 shares of company stock worth $15,213,043 over the last three months. 5.97% of the stock is owned by corporate insiders.

TFI International Company Profile

TFI International Inc is a North American leader in the transportation and logistics industry, operating across the United States,Canada and Mexico through its subsidiaries. TFI International creates value for shareholders by identifying strategic acquisitions and managing a growing network of wholly-owned operating subsidiaries. Under the TFI International umbrella, companies benefit from financial and operational resources to build their businesses and increase their efficiency. TFI International companies service the following segments: Less-Than-Truckload; Truckload; Logistics.

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