TFI International (NYSE:TFII) Price Target Raised to $175.00

TFI International (NYSE:TFII) had its target price lifted by CIBC from $167.00 to $175.00 in a research note published on Tuesday morning, Benzinga reports. CIBC currently has an outperformer rating on the stock.

TFII has been the subject of several other reports. Morgan Stanley raised their price objective on shares of TFI International from $169.00 to $176.00 and gave the stock an overweight rating in a research report on Monday, February 12th. Royal Bank of Canada reaffirmed an outperform rating and set a $155.00 target price on shares of TFI International in a report on Monday, February 12th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of TFI International in a report on Monday, January 29th. They set a buy rating and a $175.00 target price on the stock. Stifel Nicolaus raised their target price on shares of TFI International from $148.00 to $149.00 and gave the stock a buy rating in a report on Wednesday, January 10th. Finally, Scotiabank raised shares of TFI International from a sector perform rating to a sector outperform rating in a report on Monday, January 22nd. Four analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of Moderate Buy and a consensus price target of $156.72.

TFI International Trading Up 0.1 %

Shares of TFII stock opened at $158.34 on Tuesday. The firm has a 50 day moving average price of $147.42 and a two-hundred day moving average price of $131.39. The company has a quick ratio of 1.23, a current ratio of 1.25 and a debt-to-equity ratio of 0.66. The company has a market capitalization of $13.38 billion, a PE ratio of 27.25, a price-to-earnings-growth ratio of 4.23 and a beta of 1.52. TFI International has a 12-month low of $100.96 and a 12-month high of $161.98.

TFI International (NYSE:TFII) last issued its quarterly earnings data on Friday, February 9th. The company reported $1.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.67 by $0.04. The firm had revenue of $1.97 billion during the quarter, compared to the consensus estimate of $1.95 billion. TFI International had a net margin of 6.71% and a return on equity of 20.92%. The business’s revenue for the quarter was up .6% compared to the same quarter last year. During the same period last year, the business posted $1.72 earnings per share. As a group, analysts predict that TFI International will post 7.55 earnings per share for the current year.

TFI International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 15th. Investors of record on Thursday, March 28th will be paid a $0.40 dividend. The ex-dividend date is Wednesday, March 27th. This represents a $1.60 dividend on an annualized basis and a yield of 1.01%. TFI International’s dividend payout ratio (DPR) is 27.54%.

Institutional Trading of TFI International

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. CDAM UK Ltd grew its stake in shares of TFI International by 6.9% during the fourth quarter. CDAM UK Ltd now owns 381,912 shares of the company’s stock worth $51,932,000 after buying an additional 24,730 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of TFI International by 9.8% during the second quarter. Geode Capital Management LLC now owns 277,978 shares of the company’s stock worth $31,698,000 after buying an additional 24,872 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. grew its stake in shares of TFI International by 2.5% during the fourth quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 171,301 shares of the company’s stock worth $23,378,000 after buying an additional 4,113 shares during the last quarter. Amundi grew its stake in shares of TFI International by 6.1% during the fourth quarter. Amundi now owns 161,222 shares of the company’s stock worth $17,286,000 after buying an additional 9,262 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its stake in shares of TFI International by 0.9% during the third quarter. Bank of New York Mellon Corp now owns 132,859 shares of the company’s stock worth $12,022,000 after buying an additional 1,208 shares during the last quarter. Institutional investors own 73.30% of the company’s stock.

TFI International Company Profile

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.