TFI International Inc. (TSE:TFII) Director Alain Bédard Sells 25,000 Shares of Stock

TFI International Inc. (TSE:TFII) Director Alain Bédard sold 25,000 shares of the firm’s stock in a transaction dated Friday, September 20th. The stock was sold at an average price of C$197.85, for a total transaction of C$4,946,250.00.

TFI International Trading Up 0.1 %

Shares of TFII stock opened at C$197.32 on Tuesday. The stock has a market cap of C$16.69 billion, a price-to-earnings ratio of 26.31, a price-to-earnings-growth ratio of 1.01 and a beta of 1.39. The company has a quick ratio of 1.18, a current ratio of 0.94 and a debt-to-equity ratio of 123.42. TFI International Inc. has a fifty-two week low of C$144.42 and a fifty-two week high of C$220.93. The firm’s 50 day moving average price is C$202.55 and its two-hundred day moving average price is C$198.88.

TFI International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, July 15th. Shareholders of record on Monday, July 15th were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Friday, June 28th. This represents a $1.60 dividend on an annualized basis and a yield of 0.81%. TFI International’s dividend payout ratio (DPR) is 29.07%.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Desjardins cut shares of TFI International from a “buy” rating to a “hold” rating and raised their price target for the stock from C$207.00 to C$219.00 in a research note on Wednesday, July 17th. Scotiabank raised their price target on shares of TFI International from C$245.00 to C$250.00 and gave the stock an “outperform” rating in a research note on Monday, July 29th. Cormark raised their target price on shares of TFI International from C$230.00 to C$240.00 in a research report on Monday, July 29th. Finally, National Bankshares cut shares of TFI International from an “outperform” rating to a “sector perform” rating and raised their target price for the stock from C$217.00 to C$221.00 in a research report on Monday, July 29th. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of C$200.71.

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.