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.

TFI International Trading Up 0.2 %

TSE:TFII traded up C$0.21 during trading hours on Friday, reaching C$137.23. 113,976 shares of the company were exchanged, compared to its average volume of 293,168. The company has a debt-to-equity ratio of 89.09, a current ratio of 1.22 and a quick ratio of 1.13. The firm has a market cap of C$12.23 billion and a price-to-earnings ratio of 16.38. TFI International has a 52-week low of C$93.63 and a 52-week high of C$148.63. The stock has a 50 day simple moving average of C$111.98 and a 200 day simple moving average of C$115.83.

Analysts Set New Price Targets

Several research firms have recently weighed in on TFII. Cowen restated a "buy" rating and set a C$120.00 price objective on shares of TFI International in a research report on Monday, August 1st. Cowen reaffirmed a "buy" rating and issued a C$120.00 target price on shares of TFI International in a report on Monday, August 1st. Scotiabank upped their target price on shares of TFI International from C$143.00 to C$157.00 in a report on Tuesday, August 2nd. National Bankshares upped their price target on shares of TFI International from C$140.00 to C$150.00 and gave the stock an "outperform" rating in a research report on Tuesday, August 2nd. Finally, TD Securities increased their price objective on shares of TFI International from C$125.00 to C$160.00 and gave the company a "buy" rating in a research report on Tuesday, August 2nd. One analyst has rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat, TFI International presently has a consensus rating of "Moderate Buy" and an average target price of C$140.54.

Insider Activity at TFI International

In other TFI International news, Director Richard Guay sold 300 shares of the firm's stock in a transaction on Wednesday, May 25th. The shares were sold at an average price of C$100.41, for a total transaction of C$30,123.00. Following the completion of the transaction, the director now directly owns 2,221 shares of the company's stock, valued at approximately C$223,010.61. In related news, Director Alain Bédard sold 35,000 shares of TFI International stock in a transaction dated Friday, June 24th. The shares were sold at an average price of C$100.87, for a total value of C$3,530,390.50. Following the sale, the director now directly owns 4,244,501 shares in the company, valued at approximately C$428,135,600.22. Also, Director Richard Guay sold 300 shares of TFI International stock in a transaction dated Wednesday, May 25th. The shares were sold at an average price of C$100.41, for a total transaction of C$30,123.00. Following the completion of the sale, the director now owns 2,221 shares in the company, valued at C$223,010.61. In the last three months, insiders sold 70,300 shares of company stock valued at $7,235,164.