TFI International - TFII Stock Forecast, Price & News

TFI International Inc. provides transportation and logistics services in the United States, Canada, and Mexico. 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. The LTL segment is involved in the pickup, consolidation, transportation, and delivery of smaller loads. The TL segment offers expedited transportation, flatbed, tank container, and dedicated services, as well as TL brokerage services. This segment carries full loads directly from the customer to the destination using a closed van or specialized equipment. The Logistics segment provides asset-light logistics services, including brokerage, freight forwarding, and transportation management, as well as small package parcel delivery. As of December 31, 2021, the company had 13,384 tractors, 50,091 trailers, and 9,428 independent contractors. The company was formerly known as TransForce Inc. and changed its name to TFI International Inc. in December 2016. TFI International Inc. is headquartered in Saint-Laurent, Canada.

Analysts Set New Price Targets

Several equities analysts recently commented on TFII shares. Scotiabank boosted their price target on TFI International from C$143.00 to C$157.00 in a research report on Tuesday, August 2nd. Cormark cut their target price on TFI International from C$195.00 to C$165.00 in a research report on Tuesday, August 2nd. Morgan Stanley reaffirmed a "buy" rating and issued a C$131.00 target price on shares of TFI International in a research report on Friday. Cowen reaffirmed a "buy" rating and issued a C$120.00 target price on shares of TFI International in a research report on Monday, August 1st. Finally, Cowen reaffirmed a "buy" rating and issued a C$120.00 target price on shares of TFI International in a research report on Monday, August 1st. One analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of C$140.54.

TFI International Price Performance

Shares of TFII opened at C$136.03 on Tuesday. The company has a market cap of C$12.12 billion and a P/E ratio of 16.23. The stock has a fifty day moving average price of C$112.56 and a 200 day moving average price of C$115.91. The company has a debt-to-equity ratio of 89.09, a current ratio of 1.22 and a quick ratio of 1.13. TFI International has a 12 month low of C$93.63 and a 12 month high of C$148.63.

Insider Buying and Selling

In related news, Director Alain Bédard sold 35,000 shares of the company's stock in a transaction on Thursday, June 2nd. The stock was sold at an average price of C$104.99, for a total transaction of C$3,674,650.00. Following the completion of the transaction, the director now directly owns 4,244,501 shares in the company, valued at approximately C$445,630,159.99. In other news, Director Richard Guay sold 300 shares of the stock in a transaction on Wednesday, May 25th. The stock was sold at an average price of C$100.41, for a total value of C$30,123.00. Following the completion of the transaction, the director now owns 2,221 shares of the company's stock, valued at C$223,010.61. Also, Director Alain Bédard sold 35,000 shares of the stock in a transaction on Thursday, June 2nd. The stock was sold at an average price of C$104.99, for a total value of C$3,674,650.00. Following the completion of the transaction, the director now directly owns 4,244,501 shares of the company's stock, valued at approximately C$445,630,159.99. Insiders sold a total of 70,300 shares of company stock worth $7,235,164 in the last three months.