TFI International Inc. (NYSE:TFII) Receives $145.86 Average Price Target from Analysts

Shares of TFI International Inc. (NYSE:TFII) have been assigned a consensus rating of “Moderate Buy” from the fifteen ratings firms that are currently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, five have given a hold recommendation, eight have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $143.71.

TFII has been the topic of a number of recent research reports. Royal Bank of Canada dropped their price objective on shares of TFI International from $156.00 to $127.00 and set an “outperform” rating on the stock in a research note on Friday, February 21st. The Goldman Sachs Group cut their price target on TFI International from $176.00 to $150.00 and set a “buy” rating on the stock in a report on Friday, February 21st. Stifel Nicolaus decreased their price objective on TFI International from $147.00 to $120.00 and set a “hold” rating for the company in a research note on Friday, February 21st. UBS Group lowered TFI International from a “buy” rating to a “neutral” rating and cut their target price for the company from $163.00 to $107.00 in a research note on Friday, February 21st. Finally, Susquehanna decreased their price target on shares of TFI International from $135.00 to $105.00 and set a “positive” rating for the company in a research report on Monday.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. BI Asset Management Fondsmaeglerselskab A S lifted its position in TFI International by 7.8% during 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 increased its stake in shares of TFI International by 2.5% in the 4th quarter. CDAM UK Ltd now owns 381,102 shares of the company’s stock valued at $51,483,000 after purchasing an additional 9,200 shares in the last quarter. Geode Capital Management LLC raised its holdings in TFI International by 31.5% in the 4th quarter. Geode Capital Management LLC now owns 469,263 shares of the company’s stock worth $64,345,000 after purchasing an additional 112,455 shares during the period. CIBC Private Wealth Group LLC boosted its position in TFI International by 40.5% during 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. Finally, Brown Brothers Harriman & Co. raised its stake in shares of 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 buying an additional 131 shares during the period. 73.30% of the stock is currently owned by hedge funds and other institutional investors.

TFI International Stock Up 4.5 %

Shares of NYSE TFII opened at $80.77 on Friday. TFI International has a 52-week low of $74.01 and a 52-week high of $162.13. The firm has a market capitalization of $6.80 billion, a price-to-earnings ratio of 16.15, a PEG ratio of 1.11 and a beta of 1.62. The stock has a 50 day moving average price of $103.60 and a 200 day moving average price of $128.10. 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 posted its quarterly 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 firm had revenue of $2.08 billion for the quarter, compared to the consensus estimate of $1.54 billion. TFI International had a return on equity of 18.40% and a net margin of 5.08%. Sell-side analysts expect that TFI International will post 7.76 earnings per share for the current year.

TFI International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be paid a dividend of $0.45 per share. The ex-dividend date is Monday, March 31st. This represents a $1.80 annualized dividend and a yield of 2.23%. TFI International’s payout ratio is presently 36.00%.

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.