TFI International Inc. (NYSE:TFII) Receives Average Recommendation of “Moderate Buy” from Analysts

TFI International Inc. (NYSE:TFII) has received an average recommendation of “Moderate Buy” from the fifteen analysts that are currently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation, eight have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $145.86.

Several research firms have recently issued reports on TFII. CIBC reduced their target price on TFI International from $160.00 to $141.00 and set an “outperformer” rating on the stock in a report on Friday, February 21st. Stephens dropped their target price on shares of TFI International from $138.00 to $110.00 and set an “equal weight” rating for the company in a research report on Tuesday, February 25th. Stifel Nicolaus reduced 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. UBS Group downgraded shares of TFI International from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $163.00 to $107.00 in a research report on Friday, February 21st. Finally, Susquehanna reduced their target price on TFI International from $170.00 to $135.00 and set a “positive” rating on the stock in a report on Monday, March 3rd.

Hedge Funds Weigh In On TFI International

Large investors have recently modified their holdings of the business. BI Asset Management Fondsmaeglerselskab A S increased its holdings in 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 purchasing an additional 2,696 shares during the period. CDAM UK Ltd lifted its stake in shares of TFI International by 2.5% in the fourth quarter. CDAM UK Ltd now owns 381,102 shares of the company’s stock worth $51,483,000 after acquiring an additional 9,200 shares during the period. Geode Capital Management LLC boosted its holdings in TFI International by 31.5% in the fourth quarter. Geode Capital Management LLC now owns 469,263 shares of the company’s stock valued at $64,345,000 after acquiring an additional 112,455 shares during the last quarter. CIBC Private Wealth Group LLC raised its holdings in TFI International by 40.5% during the 4th quarter. CIBC Private Wealth Group LLC now owns 555 shares of the company’s stock worth $74,000 after purchasing an additional 160 shares during the last quarter. Finally, Brown Brothers Harriman & Co. boosted its stake in shares of TFI International by 124.8% in the 4th 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. Institutional investors own 73.30% of the company’s stock.

TFI International Trading Down 6.1 %

TFII stock opened at $77.00 on Friday. TFI International has a 52 week low of $76.86 and a 52 week high of $162.13. The company has a market capitalization of $6.48 billion, a PE ratio of 15.40, a price-to-earnings-growth ratio of 1.11 and a beta of 1.62. The company’s 50-day simple moving average is $106.98 and its 200 day simple moving average is $129.52. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.96 and a current ratio of 1.03.

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

TFI International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be given a dividend of $0.45 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.80 annualized dividend and a yield of 2.34%. TFI International’s dividend payout ratio is presently 36.00%.

About TFI International

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.