TFI International (TFII) Scheduled to Post Earnings on Monday

TFI International (NYSE:TFII) is set to post its quarterly earnings results after the market closes on Monday, October 21st. Analysts expect TFI International to post earnings of $1.85 per share for the quarter.

TFI International (NYSE:TFII) last posted its quarterly earnings data on Thursday, July 25th. The company reported $1.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.61 by $0.10. The business had revenue of $2.26 billion during the quarter, compared to the consensus estimate of $2.28 billion. TFI International had a net margin of 5.93% and a return on equity of 20.48%. The firm’s quarterly revenue was up 26.4% compared to the same quarter last year. During the same quarter last year, the company posted $1.59 earnings per share. On average, analysts expect TFI International to post $7 EPS for the current fiscal year and $9 EPS for the next fiscal year.

TFI International Stock Down 0.3 %

TFI International stock opened at $137.71 on Friday. The firm has a 50 day moving average price of $143.04 and a 200-day moving average price of $143.50. The company has a quick ratio of 0.92, a current ratio of 0.94 and a debt-to-equity ratio of 0.89. TFI International has a twelve month low of $104.91 and a twelve month high of $162.13. The company has a market capitalization of $11.65 billion, a P/E ratio of 24.46, a P/E/G ratio of 1.53 and a beta of 1.55.

TFI International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.16%. The ex-dividend date was Monday, September 30th. TFI International’s dividend payout ratio (DPR) is 28.42%.

Analyst Ratings Changes

Several research analysts have recently weighed in on TFII shares. Citigroup initiated coverage on TFI International in a research note on Wednesday, October 9th. They set a “buy” rating and a $159.00 price target for the company. Stephens reiterated an “equal weight” rating and issued a $149.00 target price (down previously from $176.00) on shares of TFI International in a research note on Tuesday, October 1st. Stifel Nicolaus upped their price target on shares of TFI International from $151.00 to $162.00 and gave the company a “buy” rating in a research note on Wednesday, July 31st. JPMorgan Chase & Co. reduced their price objective on shares of TFI International from $184.00 to $181.00 and set an “overweight” rating for the company in a research note on Tuesday, October 8th. Finally, Cormark upgraded TFI International from a “hold” rating to a “moderate buy” rating in a research report on Monday, July 15th. Six equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $168.13.

About TFI International

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.