TFI International (NYSE:TFII) Issues Quarterly Earnings Results

TFI International (NYSE:TFII) posted its quarterly earnings results on Monday. The company reported $1.60 EPS for the quarter, missing the consensus estimate of $1.79 by ($0.19), Zacks reports. TFI International had a net margin of 5.93% and a return on equity of 20.48%. The firm had revenue of $2.18 billion during the quarter, compared to analyst estimates of $2.28 billion. During the same period last year, the company earned $1.57 EPS.

TFI International Stock Down 0.7 %

NYSE:TFII traded down $1.01 during trading hours on Tuesday, reaching $133.70. 112,432 shares of the stock were exchanged, compared to its average volume of 260,369. The stock has a market cap of $11.31 billion, a PE ratio of 24.06, a PEG ratio of 1.51 and a beta of 1.55. TFI International has a twelve month low of $104.91 and a twelve month high of $162.13. The firm has a 50 day moving average of $142.83 and a 200 day moving average of $143.12. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.94 and a quick ratio of 0.92.

TFI International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 1.20%. The ex-dividend date was Monday, September 30th. TFI International’s dividend payout ratio (DPR) is presently 28.42%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on TFII. Citigroup started coverage on TFI International in a research note on Wednesday, October 9th. They issued a “buy” rating and a $159.00 price objective on the stock. National Bank Financial lowered TFI International from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 26th. Royal Bank of Canada increased their price target on TFI International from $162.00 to $171.00 and gave the stock an “outperform” rating in a research report on Monday, July 29th. JPMorgan Chase & Co. decreased their price target on TFI International from $184.00 to $181.00 and set an “overweight” rating on the stock in a research report on Tuesday, October 8th. Finally, Stephens restated an “equal weight” rating and set a $149.00 price target (down from $176.00) on shares of TFI International in a research report on Tuesday, October 1st. Six analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to MarketBeat.com, TFI International presently has an average rating of “Moderate Buy” and an average target price of $167.88.

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.