TFI International (NYSE:TFII) Price Target Lowered to $110.00 at Stephens

TFI International (NYSE:TFII) had its price target decreased by investment analysts at Stephens from $138.00 to $110.00 in a research report issued to clients and investors on Tuesday,BayStreet.CA reports. The firm presently has an “equal weight” rating on the stock. Stephens’ price target would indicate a potential upside of 20.51% from the stock’s current price.

TFII has been the topic of several other reports. CIBC cut their target price on shares of TFI International from $160.00 to $141.00 and set an “outperformer” rating on the stock in a report on Friday, February 21st. Royal Bank of Canada decreased their target price on shares of TFI International from $156.00 to $127.00 and set an “outperform” rating for the company in a research report on Friday, February 21st. The Goldman Sachs Group decreased their price objective on shares of TFI International from $176.00 to $150.00 and set a “buy” rating for the company in a research report on Friday, February 21st. Stifel Nicolaus decreased their price objective on shares of TFI International from $147.00 to $120.00 and set a “hold” rating for the company in a research report on Friday, February 21st. Finally, Veritas downgraded shares of TFI International from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 21st. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $151.43.

TFI International Stock Down 1.1 %

TFI International stock opened at $91.28 on Tuesday. The firm has a fifty day moving average price of $130.12 and a two-hundred day moving average price of $139.10. The firm has a market cap of $7.69 billion, a price-to-earnings ratio of 18.26, a P/E/G ratio of 1.11 and a beta of 1.57. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.03 and a quick ratio of 0.96. TFI International has a fifty-two week low of $88.76 and a fifty-two week high of $162.13.

TFI International (NYSE:TFII) last posted its quarterly earnings results on Wednesday, February 19th. The company reported $1.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.59 by ($0.40). TFI International had a return on equity of 18.40% and a net margin of 5.08%. The business had revenue of $2.08 billion during the quarter, compared to analyst estimates of $1.54 billion. As a group, analysts forecast that TFI International will post 7.76 earnings per share for the current year.

Institutional Trading of TFI International

Institutional investors and hedge funds have recently made changes to their positions in the company. Brown Brothers Harriman & Co. raised its holdings in shares of TFI International by 124.8% in the fourth quarter. Brown Brothers Harriman & Co. now owns 236 shares of the company’s stock valued at $32,000 after purchasing an additional 131 shares during the last quarter. CIBC Private Wealth Group LLC grew its position in TFI International by 40.5% during the fourth quarter. CIBC Private Wealth Group LLC now owns 555 shares of the company’s stock valued at $74,000 after buying an additional 160 shares during the period. Plato Investment Management Ltd bought a new position in TFI International during the third quarter valued at about $134,000. Entropy Technologies LP bought a new position in TFI International during the third quarter valued at about $643,000. Finally, Legato Capital Management LLC grew its position in TFI International by 8.9% during the fourth quarter. Legato Capital Management LLC now owns 10,468 shares of the company’s stock valued at $1,414,000 after buying an additional 859 shares during the period. Hedge funds and other 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.