TFI International Inc. (NYSE:TFII) Receives $145.86 Consensus Price Target from Analysts

TFI International Inc. (NYSE:TFII) has been given a consensus recommendation of “Moderate Buy” by the fifteen ratings firms that are currently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $143.71.

A number of research analysts recently commented on TFII shares. Veritas upgraded TFI International from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 18th. Royal Bank of Canada cut their price objective on TFI International from $156.00 to $127.00 and set an “outperform” rating for the company in a research report on Friday, February 21st. Citigroup decreased their price objective on shares of TFI International from $162.00 to $130.00 and set a “buy” rating for the company in a research note on Tuesday, February 25th. Bank of America lowered shares of TFI International from a “neutral” rating to an “underperform” rating in a research report on Thursday, February 20th. Finally, Susquehanna cut their price target on TFI International from $135.00 to $105.00 and set a “positive” rating for the company in a research note on Monday.

TFI International Price Performance

Shares of NYSE TFII opened at $77.41 on Friday. The firm has a market cap of $6.52 billion, a PE ratio of 15.48, a price-to-earnings-growth ratio of 1.11 and a beta of 1.62. The business has a 50 day moving average price of $105.84 and a two-hundred day moving average price of $128.90. The company has a quick ratio of 0.96, a current ratio of 1.03 and a debt-to-equity ratio of 0.86. TFI International has a fifty-two week low of $74.01 and a fifty-two week high of $162.13.

TFI International (NYSE:TFII) last issued its earnings results on Wednesday, February 19th. The company reported $1.19 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 firm had revenue of $2.08 billion during the quarter, compared to analyst estimates of $1.54 billion. Sell-side analysts expect that TFI International will post 7.76 earnings per share for the current fiscal year.

TFI International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 2.33%. The ex-dividend date is Monday, March 31st. TFI International’s dividend payout ratio (DPR) is presently 36.00%.

Institutional Trading of TFI International

A number of hedge funds have recently modified their holdings of TFII. Baillie Gifford & Co. bought a new stake in shares of TFI International in the 4th quarter valued at approximately $148,623,000. Geode Capital Management LLC boosted its stake in shares of TFI International by 31.5% in the 4th quarter. Geode Capital Management LLC now owns 469,263 shares of the company’s stock valued at $64,345,000 after purchasing an additional 112,455 shares during the last quarter. CDAM UK Ltd lifted its stake in shares of TFI International by 2.5% in the 4th quarter. CDAM UK Ltd now owns 381,102 shares of the company’s stock valued at $51,483,000 after purchasing an additional 9,200 shares during the period. Amundi grew its position in shares of TFI International by 2.4% during the 4th quarter. Amundi now owns 181,202 shares of the company’s stock worth $24,134,000 after buying an additional 4,266 shares during the period. Finally, Bank of New York Mellon Corp increased its stake in TFI International by 6.4% in the fourth quarter. Bank of New York Mellon Corp now owns 78,621 shares of the company’s stock valued at $10,621,000 after purchasing an additional 4,763 shares in 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.