TFI International Inc. (NYSE:TFII) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of TFI International Inc. (NYSE:TFII) have earned an average recommendation of “Moderate Buy” from the eighteen ratings firms that are covering the company, Marketbeat.com reports. Four investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating on the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $159.83.

TFII has been the subject of a number of recent analyst reports. CIBC upped their price target on TFI International from $167.00 to $175.00 and gave the company an “outperformer” rating in a research note on Tuesday, April 2nd. Morgan Stanley increased their target price on TFI International from $169.00 to $176.00 and gave the stock an “overweight” rating in a research note on Monday, February 12th. BMO Capital Markets increased their target price on TFI International from $130.00 to $140.00 and gave the stock a “market perform” rating in a research note on Monday, February 12th. Scotiabank raised TFI International from a “sector perform” rating to a “sector outperform” rating in a research note on Monday, January 22nd. Finally, JPMorgan Chase & Co. lowered their target price on TFI International from $133.00 to $132.00 and set an “overweight” rating for the company in a research note on Thursday, December 21st.

Institutional Investors Weigh In On TFI International

Several large investors have recently made changes to their positions in TFII. Cary Street Partners Investment Advisory LLC acquired a new stake in shares of TFI International in the 3rd quarter valued at approximately $27,000. SG Americas Securities LLC acquired a new stake in TFI International during the 3rd quarter valued at $257,000. Clearbridge Investments LLC acquired a new stake in TFI International during the 4th quarter valued at $287,000. Ensign Peak Advisors Inc lifted its holdings in TFI International by 94.1% during the 3rd quarter. Ensign Peak Advisors Inc now owns 3,300 shares of the company’s stock valued at $315,000 after purchasing an additional 1,600 shares during the last quarter. Finally, US Bancorp DE lifted its holdings in TFI International by 1,700.8% during the 1st quarter. US Bancorp DE now owns 4,376 shares of the company’s stock valued at $466,000 after purchasing an additional 4,133 shares during the last quarter. Institutional investors and hedge funds own 73.30% of the company’s stock.

TFI International Stock Performance

Shares of TFII stock opened at $144.35 on Friday. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.25 and a quick ratio of 1.23. The stock has a market cap of $12.21 billion, a PE ratio of 24.85, a price-to-earnings-growth ratio of 4.17 and a beta of 1.52. The stock has a 50-day moving average of $151.95 and a 200-day moving average of $133.28. TFI International has a one year low of $100.96 and a one year high of $162.13.

TFI International (NYSE:TFII) last announced its quarterly earnings results on Friday, February 9th. The company reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.67 by $0.04. The company had revenue of $1.97 billion during the quarter, compared to analysts’ expectations of $1.95 billion. TFI International had a return on equity of 20.92% and a net margin of 6.71%. TFI International’s revenue was up .6% on a year-over-year basis. During the same period in the prior year, the business posted $1.72 EPS. As a group, sell-side analysts expect that TFI International will post 7.49 earnings per share for the current year.

TFI International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Thursday, March 28th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.11%. The ex-dividend date of this dividend was Wednesday, March 27th. TFI International’s payout ratio is presently 27.54%.

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.