Desjardins Reduces Earnings Estimates for TFI International

TFI International Inc. (NYSE:TFII) – Investment analysts at Desjardins decreased their FY2025 earnings per share estimates for shares of TFI International in a research report issued on Tuesday, October 22nd. Desjardins analyst B. Poirier now forecasts that the company will post earnings per share of $7.58 for the year, down from their previous forecast of $8.27. Desjardins currently has a “Hold” rating and a $204.00 target price on the stock. The consensus estimate for TFI International’s current full-year earnings is $6.64 per share.

Other equities research analysts have also recently issued research reports about the stock. National Bankshares lowered their price target on shares of TFI International from $209.00 to $198.00 and set a “sector perform” rating on the stock in a report on Wednesday. Stephens reiterated an “equal weight” rating and issued a $149.00 target price (down previously from $176.00) on shares of TFI International in a research note on Tuesday, October 1st. National Bank Financial cut shares of TFI International from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 26th. Royal Bank of Canada lowered their target price on shares of TFI International from $167.00 to $160.00 and set an “outperform” rating on the stock in a report on Wednesday. Finally, TD Cowen cut their price target on TFI International from $180.00 to $171.00 and set a “buy” rating for the company in a report on Wednesday. Seven equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, TFI International has an average rating of “Moderate Buy” and a consensus price target of $167.81.

TFI International Stock Down 0.8 %

TFII stock opened at $133.82 on Friday. The stock has a market cap of $11.32 billion, a P/E ratio of 23.77, a P/E/G ratio of 1.50 and a beta of 1.55. TFI International has a 1-year low of $106.84 and a 1-year high of $162.13. The company has a current ratio of 0.98, a quick ratio of 0.92 and a debt-to-equity ratio of 0.84. The stock’s fifty day simple moving average is $141.84 and its two-hundred day simple moving average is $142.51.

TFI International (NYSE:TFII) last posted its earnings results on Monday, October 21st. The company reported $1.60 EPS for the quarter, missing the consensus estimate of $1.79 by ($0.19). TFI International had a return on equity of 20.25% and a net margin of 5.67%. The business had revenue of $2.18 billion for the quarter, compared to the consensus estimate of $2.28 billion. During the same period in the previous year, the firm earned $1.57 earnings per share.

Institutional Trading of TFI International

Large investors have recently modified their holdings of the company. Vaughan Nelson Investment Management L.P. purchased a new stake in TFI International during the first quarter worth $42,583,000. QV Investors Inc. purchased a new stake in shares of TFI International during the 3rd quarter worth $29,891,000. AGF Management Ltd. boosted its position in TFI International by 359.1% during the second quarter. AGF Management Ltd. now owns 111,515 shares of the company’s stock valued at $16,192,000 after purchasing an additional 87,223 shares in the last quarter. Mediolanum International Funds Ltd purchased a new position in TFI International in the first quarter valued at about $10,118,000. Finally, Hood River Capital Management LLC raised its holdings in TFI International by 6.6% in the first quarter. Hood River Capital Management LLC now owns 226,888 shares of the company’s stock worth $36,180,000 after purchasing an additional 13,995 shares in the last quarter. Hedge funds and other institutional investors own 73.30% of the company’s stock.

TFI International Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be issued a dividend of $0.45 per share. This is a positive change from TFI International’s previous quarterly dividend of $0.40. The ex-dividend date is Tuesday, December 31st. This represents a $1.80 dividend on an annualized basis and a yield of 1.35%. TFI International’s dividend payout ratio (DPR) is presently 31.97%.

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.