TFI International (NYSE:TFII) Price Target Lowered to $88.00 at UBS Group

TFI International (NYSE:TFII - Free Report) had its price objective trimmed by UBS Group from $107.00 to $88.00 in a report released on Wednesday morning,Benzinga reports. The firm currently has a neutral rating on the stock.

A number of other equities analysts have also issued reports on TFII. The Goldman Sachs Group cut their target price on TFI International from $176.00 to $150.00 and set a "buy" rating on the stock in a research report on Friday, February 21st. TD Cowen dropped their price target on TFI International from $128.00 to $115.00 and set a "buy" rating on the stock in a research report on Friday, April 25th. Susquehanna Bancshares lowered their target price on TFI International from $105.00 to $100.00 and set an "outperform" rating on the stock in a research report on Friday, April 25th. Stifel Nicolaus set a $88.00 price objective on shares of TFI International in a research note on Monday, April 28th. Finally, National Bank Financial raised TFI International from a "hold" rating to a "strong-buy" rating in a report on Thursday, April 3rd. One investment analyst has rated the stock with a sell rating, four have given a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $124.00.

TFI International Trading Down 0.7 %

TFII traded down $0.60 during trading on Wednesday, hitting $81.80. 275,365 shares of the company's stock were exchanged, compared to its average volume of 323,671. The stock has a 50 day moving average price of $81.23 and a 200 day moving average price of $117.81. TFI International has a 1 year low of $72.02 and a 1 year high of $158.93. The company has a current ratio of 1.03, a quick ratio of 0.96 and a debt-to-equity ratio of 0.86. The firm has a market cap of $6.87 billion, a P/E ratio of 16.36, a price-to-earnings-growth ratio of 1.11 and a beta of 1.51.

TFI International (NYSE:TFII - Get Free Report) last released its quarterly earnings results on Wednesday, April 23rd. The company reported $0.76 earnings per share for the quarter, missing analysts' consensus estimates of $0.95 by ($0.19). The company had revenue of $1.96 billion during the quarter, compared to analysts' expectations of $1.46 billion. TFI International had a return on equity of 18.40% and a net margin of 5.08%. As a group, analysts expect that TFI International will post 7.76 EPS for the current fiscal year.

TFI International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be given a dividend of $0.45 per share. The ex-dividend date is Monday, June 30th. This represents a $1.80 dividend on an annualized basis and a yield of 2.20%. TFI International's dividend payout ratio (DPR) is 39.39%.

Institutional Trading of TFI International

Institutional investors have recently made changes to their positions in the business. Bank of New York Mellon Corp increased its position in shares of TFI International by 6.4% during the fourth quarter. Bank of New York Mellon Corp now owns 78,621 shares of the company's stock worth $10,621,000 after acquiring an additional 4,763 shares during the period. Baillie Gifford & Co. acquired a new position in shares of TFI International during the 4th quarter worth approximately $148,623,000. Canoe Financial LP acquired a new stake in TFI International in the 4th quarter worth about $1,853,000. Geode Capital Management LLC grew its holdings in shares of TFI International by 31.5% during the fourth quarter. Geode Capital Management LLC now owns 469,263 shares of the company's stock worth $64,345,000 after buying an additional 112,455 shares in the last quarter. Finally, Entropy Technologies LP lifted its stake in TFI International by 97.8% in the 4th quarter. Entropy Technologies LP now owns 9,295 shares of the company's stock worth $1,256,000 after purchasing an additional 4,595 shares in the last quarter. Hedge funds and other 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.