TFI International (NYSE:TFII) Price Target Raised to $90.00 at UBS Group

Key Points

• UBS Group has raised the price target for TFI International from $88.00 to $90.00, indicating a potential downside of 3.78% from the current price.
• The consensus rating for TFI International is a Moderate Buy with an average target price of $116.06, while hedge funds and institutional investors own 73.30% of the company's stock.
• TFI International reported earnings of $1.34 EPS, exceeding analysts' expectations of $1.24, and generated $2.04 billion in revenue for the quarter compared to estimates of $1.49 billion.

TFI International (NYSE:TFII - Free Report) had its price target upped by UBS Group from $88.00 to $90.00 in a report published on Tuesday,Benzinga reports. The brokerage currently has a neutral rating on the stock.

Other analysts have also recently issued research reports about the stock. Citigroup upped their price objective on shares of TFI International from $107.00 to $108.00 and gave the company a "buy" rating in a research report on Wednesday, July 9th. Susquehanna Bancshares lowered their target price on TFI International from $105.00 to $100.00 and set an "outperform" rating for the company in a report on Friday, April 25th. Susquehanna increased their target price on TFI International from $100.00 to $105.00 and gave the stock a "positive" rating in a report on Wednesday, June 18th. National Bank Financial upgraded TFI International from a "hold" rating to a "strong-buy" rating in a report on Thursday, April 3rd. Finally, CIBC lowered their target price on TFI International from $118.00 to $110.00 and set an "outperformer" rating for the company in a report on Tuesday, July 8th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, ten have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $117.13.

TFI International Trading Down 2.4%

Shares of TFII stock traded down $2.13 during trading hours on Tuesday, reaching $85.04. The company had a trading volume of 443,744 shares, compared to its average volume of 480,048. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.05 and a quick ratio of 1.02. TFI International has a 1-year low of $72.02 and a 1-year high of $155.12. The company has a 50 day moving average of $89.41 and a 200 day moving average of $94.54. The firm has a market cap of $7.06 billion, a price-to-earnings ratio of 19.50, a P/E/G ratio of 3.05 and a beta of 1.48.

TFI International (NYSE:TFII - Get Free Report) last released its quarterly earnings data on Monday, July 28th. The company reported $1.34 EPS for the quarter, beating analysts' consensus estimates of $1.24 by $0.10. TFI International had a net margin of 4.48% and a return on equity of 15.45%. The business had revenue of $2.04 billion during the quarter, compared to analysts' expectations of $1.49 billion. On average, equities research analysts anticipate that TFI International will post 7.76 EPS for the current year.

Institutional Investors Weigh In On TFI International

A number of large investors have recently added to or reduced their stakes in TFII. Brown Brothers Harriman & Co. lifted its holdings in TFI International by 124.8% during the 4th quarter. Brown Brothers Harriman & Co. now owns 236 shares of the company's stock valued at $32,000 after purchasing an additional 131 shares during the last quarter. CIBC Private Wealth Group LLC lifted its position in TFI International by 40.5% during the fourth quarter. CIBC Private Wealth Group LLC now owns 555 shares of the company's stock worth $74,000 after acquiring an additional 160 shares during the last quarter. United Services Automobile Association acquired a new stake in TFI International during the first quarter worth approximately $217,000. Sumitomo Mitsui Trust Group Inc. lifted its position in TFI International by 4.2% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 9,012 shares of the company's stock worth $698,000 after acquiring an additional 363 shares during the last quarter. Finally, Entropy Technologies LP lifted its position in TFI International by 46.9% during the first quarter. Entropy Technologies LP now owns 13,656 shares of the company's stock worth $1,058,000 after acquiring an additional 4,361 shares during the last quarter. Institutional investors own 73.30% of the company's stock.

About TFI International

TFI International Inc, together with its subsidiaries, provides transportation and logistics services in the United States and Canada. The company operates through Package and Courier, Less-Than-Truckload (LTL), Truckload (TL), and Logistics segments. The Package and Courier segment engages in the pickup, transport, and delivery of items in North America.