TFI International (TSE:TFII) Trading 0% Higher - Still a 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 share price rose 0% during trading on Tuesday . The stock traded as high as C$130.49 and last traded at C$130.13. Approximately 181,066 shares traded hands during mid-day trading, a decline of 38% from the average daily volume of 289,759 shares. The stock had previously closed at C$130.12.

Analysts Set New Price Targets

TFII has been the subject of several analyst reports. National Bankshares cut their target price on shares of TFI International from C$142.00 to C$140.00 and set an "outperform" rating for the company in a research note on Tuesday, July 29th. Scotiabank boosted their target price on TFI International from C$140.00 to C$144.00 and gave the stock a "sector perform" rating in a report on Tuesday, July 29th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, TFI International has an average rating of "Moderate Buy" and a consensus target price of C$151.50.

TFI International Price Performance

The stock has a market capitalization of C$11.10 billion, a price-to-earnings ratio of 30.79, a price-to-earnings-growth ratio of 1.01 and a beta of 1.40. 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 50-day simple moving average of C$125.23 and a two-hundred day simple moving average of C$120.77.

TFI International Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Tuesday, July 15th were issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.3%. This is a positive change from TFI International's previous quarterly dividend of $0.40. The ex-dividend date of this dividend was Monday, June 30th. TFI International's dividend payout ratio is 40.32%.

Insider Activity

In other news, Director Debra Kelly-Ennis bought 1,600 shares of the firm's stock in a transaction that occurred on Wednesday, July 30th. The stock was acquired at an average price of C$122.34 per share, with a total value of C$195,746.04. Also, Director Leslie Abi-Karam bought 1,141 shares of the firm's stock in a transaction that occurred on Friday, August 1st. The shares were purchased at an average cost of C$120.94 per share, with a total value of C$137,996.19. Over the last ninety days, insiders have acquired 3,573 shares of company stock valued at $437,070. 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.