TFI International (NYSE:TFII) Price Target Lowered to $135.00 at Susquehanna

TFI International (NYSE:TFII) had its target price trimmed by Susquehanna from $170.00 to $135.00 in a research note issued to investors on Monday morning,Benzinga reports. The brokerage currently has a positive rating on the stock.

TFII has been the subject of a number of other reports. Veritas lowered TFI International from a “strong-buy” rating to a “hold” rating in a report on Friday, February 21st. Citigroup reduced their price target on shares of TFI International from $162.00 to $130.00 and set a “buy” rating for the company in a report on Tuesday, February 25th. Stifel Nicolaus decreased their price target on shares of TFI International from $147.00 to $120.00 and set a “hold” rating on the stock in a research report on Friday, February 21st. CIBC cut their price objective on shares of TFI International from $160.00 to $141.00 and set an “outperformer” rating for the company in a research report on Friday, February 21st. Finally, Royal Bank of Canada decreased their target price on TFI International from $156.00 to $127.00 and set an “outperform” rating on the stock in a research report on Friday, February 21st. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $148.93.

TFI International Price Performance

Shares of TFI International stock opened at $86.21 on Monday. The company has a current ratio of 1.03, a quick ratio of 0.96 and a debt-to-equity ratio of 0.86. The firm has a fifty day simple moving average of $127.05 and a 200-day simple moving average of $137.83. The stock has a market capitalization of $7.26 billion, a price-to-earnings ratio of 17.24, a PEG ratio of 1.11 and a beta of 1.57. TFI International has a 1-year low of $84.87 and a 1-year high of $162.13.

TFI International (NYSE:TFII) last issued 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 net margin of 5.08% and a return on equity of 18.40%. The business had revenue of $2.08 billion during the quarter, compared to analyst estimates of $1.54 billion. On average, sell-side analysts expect that TFI International will post 7.76 earnings per share for the current year.

Institutional Trading of TFI International

Several large investors have recently added to or reduced their stakes in the company. Brown Brothers Harriman & Co. grew its position in TFI International by 124.8% during the 4th quarter. Brown Brothers Harriman & Co. now owns 236 shares of the company’s stock worth $32,000 after acquiring an additional 131 shares during the last quarter. CIBC Private Wealth Group LLC boosted its stake in TFI International by 40.5% in the fourth quarter. CIBC Private Wealth Group LLC now owns 555 shares of the company’s stock worth $74,000 after purchasing an additional 160 shares in the last quarter. Legato Capital Management LLC grew its holdings in shares of TFI International by 8.9% during the fourth quarter. Legato Capital Management LLC now owns 10,468 shares of the company’s stock worth $1,414,000 after purchasing an additional 859 shares during the last quarter. Plato Investment Management Ltd acquired a new stake in shares of TFI International in the third quarter valued at $134,000. Finally, BI Asset Management Fondsmaeglerselskab A S raised its holdings in shares of TFI International by 7.8% in the fourth quarter. BI Asset Management Fondsmaeglerselskab A S now owns 37,353 shares of the company’s stock valued at $5,046,000 after buying an additional 2,696 shares during the last quarter. 73.30% of the stock is owned by institutional investors.

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.