Analysts Set TFI International Inc. (NYSE:TFII) PT at $169.19

TFI International Inc. (NYSE:TFII) has been given an average rating of “Moderate Buy” by the seventeen ratings firms that are presently covering the stock, MarketBeat Ratings reports. Six research analysts have rated the stock with a hold rating and eleven have issued a buy rating on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $169.00.

Several research firms have issued reports on TFII. TD Securities cut their target price on TFI International from $180.00 to $171.00 and set a “buy” rating for the company in a research note on Wednesday, October 23rd. The Goldman Sachs Group reduced their price target on TFI International from $189.00 to $184.00 and set a “buy” rating on the stock in a research report on Wednesday, October 9th. Royal Bank of Canada dropped their target price on TFI International from $167.00 to $160.00 and set an “outperform” rating on the stock in a report on Wednesday, October 23rd. CIBC boosted their target price on TFI International from $166.00 to $176.00 and gave the stock an “outperformer” rating in a research note on Wednesday, December 4th. Finally, TD Cowen dropped their price objective on TFI International from $180.00 to $171.00 and set a “buy” rating on the stock in a report on Wednesday, October 23rd.

TFI International Price Performance

TFI International stock opened at $134.29 on Monday. The company has a current ratio of 0.98, a quick ratio of 0.96 and a debt-to-equity ratio of 0.84. The company has a 50-day moving average price of $143.46 and a 200 day moving average price of $144.00. TFI International has a 12-month low of $126.00 and a 12-month high of $162.13. The stock has a market cap of $11.34 billion, a P/E ratio of 24.42, a PEG ratio of 1.43 and a beta of 1.58.

TFI International (NYSE:TFII) last announced its quarterly earnings results on Monday, October 21st. The company reported $1.60 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.79 by ($0.19). TFI International had a return on equity of 20.25% and a net margin of 5.67%. The firm had revenue of $2.18 billion for the quarter, compared to analyst estimates of $2.28 billion. During the same quarter in the prior year, the business earned $1.57 EPS. Sell-side analysts anticipate that TFI International will post 5.95 earnings per share for the current year.

Institutional Trading of TFI International

Several institutional investors have recently added to or reduced their stakes in the business. Plato Investment Management Ltd acquired a new stake in shares of TFI International in the 3rd quarter worth about $134,000. Dixon Mitchell Investment Counsel Inc. increased its stake in shares of TFI International by 0.4% in the third quarter. Dixon Mitchell Investment Counsel Inc. now owns 539,815 shares of the company’s stock valued at $74,242,000 after purchasing an additional 1,980 shares during the period. Entropy Technologies LP bought a new stake in shares of TFI International during the third quarter valued at approximately $643,000. Toronto Dominion Bank grew its holdings in TFI International by 17.4% in the 2nd quarter. Toronto Dominion Bank now owns 43,602 shares of the company’s stock worth $6,329,000 after buying an additional 6,475 shares in the last quarter. Finally, Canoe Financial LP bought a new position in TFI International in the 4th quarter worth approximately $1,853,000. Institutional investors own 73.30% of the company’s stock.

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.