TFI International Inc (TSE:TFI) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of TFI International Inc (TSE:TFI) have earned an average recommendation of “Moderate Buy” from the five brokerages that are presently covering the company, MarketBeat reports. Three research analysts have rated the stock with a hold rating and two have issued a strong buy rating on the company.

Several brokerages recently weighed in on TFI. Citigroup raised shares of TFI International to a “strong-buy” rating in a research report on Wednesday, October 9th. Cormark raised shares of TFI International from a “hold” rating to a “moderate buy” rating in a research report on Monday, July 15th. Desjardins lowered shares of TFI International from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, July 17th. National Bank Financial lowered shares of TFI International from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 26th. Finally, Stephens lowered shares of TFI International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 1st.

TFI International Price Performance

TFI International (TSE:TFI) last posted its quarterly earnings results on Thursday, July 25th. The company reported C$2.34 EPS for the quarter, topping the consensus estimate of C$2.17 by C$0.17. The company had revenue of C$3.10 billion for the quarter, compared to analyst estimates of C$3.14 billion.

TFI International Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were given a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date of this dividend was Friday, September 27th.