TFI International (TSE:TFII) Trading Up 0% - Should You Buy?

Key Points

• TFI International's stock price remained stable, trading up 0% at C$130.13 with a decline in trading volume compared to averages.
• Analysts have mixed views on TFI International, with a consensus rating of "Moderate Buy" and an average price target of C$151.50.
• The company has recently increased its dividend from $0.40 to $0.45 per share, providing a dividend yield of 1.4%.

TFI International Inc. (TSE:TFII - Get Free Report)'s stock price traded up 0% during mid-day trading on Tuesday . The stock traded as high as C$130.49 and last traded at C$130.13. 181,066 shares changed hands during mid-day trading, a decline of 38% from the average session volume of 289,759 shares. The stock had previously closed at C$130.12.

Analyst Ratings Changes

A number of research firms have weighed in on TFII. Scotiabank raised their price target on TFI International from C$140.00 to C$144.00 and gave the company a "sector perform" rating in a research report on Tuesday, July 29th. National Bankshares dropped their target price on TFI International from C$142.00 to C$140.00 and set an "outperform" rating for the company in a research report on Tuesday, July 29th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, TFI International currently has a consensus rating of "Moderate Buy" and an average price target of C$151.50.

TFI International Trading Up 0.0%

The firm's 50 day moving average is C$124.53 and its 200 day moving average is C$121.78. 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 market capitalization of C$10.80 billion, a PE ratio of 29.98, a P/E/G ratio of 1.01 and a beta of 1.34.

TFI International Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Tuesday, July 15th were given a $0.45 dividend. The ex-dividend date was Monday, June 30th. This is a positive change from TFI International's previous quarterly dividend of $0.40. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.4%. TFI International's dividend payout ratio is presently 40.32%.

Insider Transactions at TFI International

In other TFI International news, Director John Pratt acquired 832 shares of the company's stock in a transaction on Wednesday, July 30th. The stock was acquired at an average price of C$124.19 per share, for a total transaction of C$103,327.40. Also, Director Debra Kelly-Ennis acquired 1,600 shares of the business's stock in a transaction dated Wednesday, July 30th. The stock was acquired at an average price of C$122.34 per share, for a total transaction of C$195,746.04. Over the last ninety days, insiders bought 3,573 shares of company stock worth $437,070. Company insiders own 5.97% of the company's stock.

About TFI International

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.

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