TFI International (NYSE:TFII) Stock Rating Upgraded by Desjardins

TFI International (NYSE:TFII) was upgraded by analysts at Desjardins from a “hold” rating to a “buy” rating in a note issued to investors on Monday, Marketbeat Ratings reports.

TFII has been the subject of several other reports. CIBC lifted their price target on shares of TFI International from $166.00 to $176.00 and gave the company an “outperformer” rating in a research note on Wednesday, December 4th. Citigroup boosted their target price on TFI International from $158.00 to $170.00 and gave the company a “buy” rating in a research report on Tuesday, November 12th. Bank of America cut their price target on TFI International from $152.00 to $143.00 and set a “neutral” rating on the stock in a report on Tuesday, October 22nd. The Goldman Sachs Group decreased their price objective on TFI International from $189.00 to $184.00 and set a “buy” rating for the company in a report on Wednesday, October 9th. Finally, Susquehanna cut their target price on TFI International from $180.00 to $170.00 and set a “positive” rating on the stock in a report on Wednesday, October 23rd. Six investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $169.19.

TFI International Trading Up 1.3 %

NYSE TFII opened at $153.84 on Monday. TFI International has a one year low of $111.72 and a one year high of $162.13. The company has a debt-to-equity ratio of 0.84, a current ratio of 0.98 and a quick ratio of 0.96. The business has a 50 day simple moving average of $142.17 and a 200 day simple moving average of $143.84. The stock has a market capitalization of $13.02 billion, a P/E ratio of 27.97, a P/E/G ratio of 1.96 and a beta of 1.56.

TFI International (NYSE:TFII) last announced its quarterly earnings data on Monday, October 21st. The company reported $1.60 EPS for the quarter, missing the consensus estimate of $1.79 by ($0.19). TFI International had a return on equity of 20.25% and a net margin of 5.67%. The company had revenue of $2.18 billion for the quarter, compared to analyst estimates of $2.28 billion. During the same period last year, the business earned $1.57 EPS. Research analysts expect that TFI International will post 6.26 earnings per share for the current year.

Hedge Funds Weigh In On TFI International

Hedge funds have recently modified their holdings of the company. Dixon Mitchell Investment Counsel Inc. raised its stake in shares of TFI International by 0.4% during the 3rd quarter. Dixon Mitchell Investment Counsel Inc. now owns 539,815 shares of the company’s stock worth $74,242,000 after purchasing an additional 1,980 shares during the period. Geode Capital Management LLC increased its holdings in TFI International by 6.8% during the third quarter. Geode Capital Management LLC now owns 356,808 shares of the company’s stock worth $49,288,000 after buying an additional 22,566 shares during the last quarter. QV Investors Inc. bought a new stake in TFI International in the third quarter worth about $29,891,000. AGF Management Ltd. raised its position in TFI International by 359.1% in the second quarter. AGF Management Ltd. now owns 111,515 shares of the company’s stock worth $16,192,000 after acquiring an additional 87,223 shares during the period. Finally, Toronto Dominion Bank grew its position in shares of TFI International by 37.9% during the 3rd quarter. Toronto Dominion Bank now owns 60,112 shares of the company’s stock valued at $8,229,000 after acquiring an additional 16,510 shares during the period. 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.