TFI International (TSE:TFII) Shares Down 0.3% - Time to Sell?

TFI International Inc. (TSE:TFII - Get Free Report) shares were down 0.3% during mid-day trading on Monday . The stock traded as low as C$120.62 and last traded at C$120.70. Approximately 132,317 shares traded hands during trading, a decline of 54% from the average daily volume of 290,536 shares. The stock had previously closed at C$121.12.

Wall Street Analyst Weigh In

Several equities analysts have commented on TFII shares. Scotiabank lowered shares of TFI International from an "outperform" rating to a "sector perform" rating and dropped their price target for the company from C$145.00 to C$140.00 in a research note on Thursday, July 10th. National Bankshares lifted their price objective on TFI International from C$138.00 to C$142.00 in a research note on Friday, July 11th. Finally, Desjardins reduced their price target on TFI International from C$171.00 to C$164.00 and set a "buy" rating on the stock in a research report on Friday, April 25th.

TFI International Stock Up 1.8%

The company has a current ratio of 0.98, a quick ratio of 1.18 and a debt-to-equity ratio of 115.17. The company has a market cap of C$7.37 billion, a price-to-earnings ratio of 15.68, a price-to-earnings-growth ratio of 1.01 and a beta of 1.37. The stock has a 50-day simple moving average of C$122.30 and a 200-day simple moving average of C$135.03.

TFI International Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Tuesday, July 15th were given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 1.46%. This is a positive change from TFI International's previous quarterly dividend of $0.40. The ex-dividend date was Monday, June 30th. TFI International's payout ratio is presently 27.39%.

Insider Activity

In related news, Director Debra Kelly-Ennis bought 2,000 shares of the company's stock in a transaction dated Tuesday, April 29th. The stock was acquired at an average cost of C$110.43 per share, with a total value of C$220,855.20. Company insiders own 5.97% of the company's stock.

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.