Research Analysts Set Expectations for TFII Q4 Earnings

TFI International Inc. (NYSE:TFII) – National Bank Financial issued their Q4 2024 earnings per share (EPS) estimates for shares of TFI International in a report released on Tuesday, October 22nd. National Bank Financial analyst C. Doerksen anticipates that the company will post earnings per share of $1.62 for the quarter. National Bank Financial has a “Hold” rating on the stock. The consensus estimate for TFI International’s current full-year earnings is $6.64 per share. National Bank Financial also issued estimates for TFI International’s FY2025 earnings at $7.67 EPS.

Other analysts also recently issued research reports about the company. Susquehanna dropped their price target on TFI International from $180.00 to $170.00 and set a “positive” rating for the company in a research report on Wednesday. Citigroup decreased their price target on shares of TFI International from $159.00 to $158.00 and set a “buy” rating on the stock in a report on Wednesday. Bank of America decreased their price objective on TFI International from $152.00 to $143.00 and set a “neutral” rating on the stock in a report on Tuesday. Royal Bank of Canada lowered their price target on shares of TFI International from $167.00 to $160.00 and set an “outperform” rating for the company in a research note on Wednesday. Finally, TD Securities dropped their price objective on TFI International from $180.00 to $171.00 and set a “buy” rating for the company in a research note on Wednesday. Seven investment 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 currently has an average rating of “Moderate Buy” and a consensus target price of $167.94.

TFI International Price Performance

NYSE:TFII opened at $134.94 on Friday. TFI International has a 52-week low of $104.91 and a 52-week high of $162.13. The stock has a fifty day moving average of $142.09 and a 200 day moving average of $142.83. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.92 and a current ratio of 0.98. The firm has a market capitalization of $11.42 billion, a price-to-earnings ratio of 24.53, a P/E/G ratio of 1.50 and a beta of 1.55.

TFI International (NYSE:TFII) last posted its earnings results 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 analysts’ expectations of $2.28 billion. TFI International had a return on equity of 20.25% and a net margin of 5.67%. During the same quarter in the prior year, the company earned $1.57 earnings per share.

Institutional Trading of TFI International

A number of hedge funds and other institutional investors have recently modified their holdings of the business. iA Global Asset Management Inc. purchased a new stake in TFI International in the second quarter worth about $240,000. Industrial Alliance Investment Management Inc. increased its position in TFI International by 3.2% during the 1st quarter. Industrial Alliance Investment Management Inc. now owns 2,590 shares of the company’s stock valued at $413,000 after buying an additional 80 shares in the last quarter. Hillsdale Investment Management Inc. increased its position in TFI International by 1,200.0% during the 1st quarter. Hillsdale Investment Management Inc. now owns 4,550 shares of the company’s stock valued at $726,000 after buying an additional 4,200 shares in the last quarter. Summit Global Investments boosted its holdings in TFI International by 83.7% in the second quarter. Summit Global Investments now owns 6,610 shares of the company’s stock worth $959,000 after acquiring an additional 3,012 shares in the last quarter. Finally, Van ECK Associates Corp boosted its holdings in TFI International by 6.9% in the first quarter. Van ECK Associates Corp now owns 11,502 shares of the company’s stock worth $1,835,000 after acquiring an additional 743 shares in the last quarter. 73.30% of the stock is owned by hedge funds and other institutional investors.

TFI International Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be issued a $0.45 dividend. This is an increase 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 1.33%. TFI International’s dividend payout ratio is 29.09%.

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.