TFI International (NYSE:TFII) Price Target Cut to $158.00

TFI International (NYSE:TFII) had its price target dropped by Stifel Nicolaus from $162.00 to $158.00 in a research report issued on Monday, Benzinga reports. The firm currently has a “buy” rating on the stock. Stifel Nicolaus’ price objective indicates a potential upside of 16.26% from the stock’s current price.

Several other research analysts have also weighed in on the stock. Cormark upgraded shares of TFI International from a “hold” rating to a “moderate buy” rating in a research report on Monday, July 15th. JPMorgan Chase & Co. dropped their price target on TFI International from $184.00 to $181.00 and set an “overweight” rating for the company in a research report on Tuesday, October 8th. Desjardins downgraded shares of TFI International from a “buy” rating to a “hold” rating in a report on Wednesday, July 17th. Stephens reaffirmed an “equal weight” rating and issued a $149.00 price target (down previously from $176.00) on shares of TFI International in a report on Tuesday, October 1st. Finally, Bank of America raised their price objective on shares of TFI International from $148.00 to $165.00 and gave the stock a “neutral” rating in a research note on Monday, July 22nd. Six research 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 presently has a consensus rating of “Moderate Buy” and an average target price of $166.50.

TFI International Stock Up 0.9 %

TFII opened at $135.90 on Monday. TFI International has a 52 week low of $104.91 and a 52 week high of $162.13. The business has a 50 day moving average price of $142.83 and a two-hundred day moving average price of $143.12. The company has a quick ratio of 0.92, a current ratio of 0.94 and a debt-to-equity ratio of 0.89. The company has a market cap of $11.50 billion, a PE ratio of 24.14, a P/E/G ratio of 1.51 and a beta of 1.55.

TFI International (NYSE:TFII) last announced its quarterly earnings data on Monday, October 21st. The company reported $1.60 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.79 by ($0.19). The firm had revenue of $2.18 billion during the quarter, compared to analyst estimates of $2.28 billion. TFI International had a net margin of 5.93% and a return on equity of 20.48%. During the same period in the prior year, the firm posted $1.57 earnings per share. As a group, research analysts anticipate that TFI International will post 6.68 EPS for the current year.

Institutional Trading of TFI International

Hedge funds have recently made changes to their positions in the stock. Vaughan Nelson Investment Management L.P. bought a new stake in TFI International in the 1st quarter valued at about $42,583,000. QV Investors Inc. bought a new stake in TFI International during the 3rd quarter valued at $29,891,000. AGF Management Ltd. boosted its position in TFI International by 359.1% during the 2nd 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. Mediolanum International Funds Ltd bought a new position in shares of TFI International in the first quarter worth $10,118,000. Finally, Hood River Capital Management LLC increased its holdings in shares of TFI International by 6.6% during the first quarter. Hood River Capital Management LLC now owns 226,888 shares of the company’s stock valued at $36,180,000 after purchasing an additional 13,995 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.