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 Stock Performance

TFII Stock traded up C$0.21 during trading on Friday, reaching C$137.23. 113,976 shares of the company's stock were exchanged, compared to its average volume of 293,107. TFI International has a 1-year low of C$93.63 and a 1-year high of C$148.63. The firm has a market cap of C$12.23 billion and a PE ratio of 16.33. The company's fifty day moving average price is C$111.35 and its 200-day moving average price is C$115.70. The company has a quick ratio of 1.13, a current ratio of 1.22 and a debt-to-equity ratio of 89.09.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on TFII shares. Scotiabank lifted their price target on TFI International from C$143.00 to C$157.00 in a research note on Tuesday, August 2nd. Cowen reissued a "buy" rating and set a C$120.00 price target on shares of TFI International in a research report on Monday, August 1st. Cowen reaffirmed a "buy" rating and issued a C$120.00 price objective on shares of TFI International in a report on Monday, August 1st. National Bankshares increased their target price on shares of TFI International from C$140.00 to C$150.00 and gave the stock an "outperform" rating in a report on Tuesday, August 2nd. Finally, TD Securities lifted their price target on shares of TFI International from C$125.00 to C$160.00 and gave the company a "buy" rating in a report on Tuesday, August 2nd. One equities research analyst has rated the stock with a hold rating and nine have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of C$140.54.

Insider Activity at TFI International

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