TFI International’s (TFII) “Hold (C-)” Rating Reiterated at Weiss Ratings

Weiss Ratings reissued their hold (c-) rating on shares of TFI International (NYSE:TFII) in a research note released on Tuesday morning,Weiss Ratings reports.

A number of other equities analysts also recently weighed in on the stock. TD Cowen cut their target price on shares of TFI International from $115.00 to $107.00 and set a “buy” rating on the stock in a research note on Tuesday, July 29th. Cormark downgraded shares of TFI International from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, July 29th. Morgan Stanley cut their target price on shares of TFI International from $160.00 to $158.00 and set an “overweight” rating on the stock in a research note on Monday, October 6th. Susquehanna raised their target price on shares of TFI International from $100.00 to $105.00 and gave the company a “positive” rating in a research note on Wednesday, June 18th. Finally, UBS Group raised their price target on shares of TFI International from $90.00 to $102.00 and gave the company a “neutral” rating in a report on Friday, October 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, TFI International currently has an average rating of “Moderate Buy” and an average price target of $120.29.

TFI International Stock Up 7.2%

TFII stock opened at $95.41 on Tuesday. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.05 and a quick ratio of 1.03. The firm has a market capitalization of $7.85 billion, a PE ratio of 21.88, a P/E/G ratio of 3.15 and a beta of 1.45. The company’s 50 day simple moving average is $92.14 and its 200-day simple moving average is $88.17. TFI International has a 12 month low of $72.02 and a 12 month high of $155.12.

TFI International (NYSE:TFII) last announced its quarterly earnings data on Monday, July 28th. The company reported $1.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.24 by $0.10. The business had revenue of $2.04 billion for the quarter, compared to the consensus estimate of $1.49 billion. TFI International had a net margin of 4.48% and a return on equity of 15.45%. Equities analysts expect that TFI International will post 7.76 earnings per share for the current fiscal year.

TFI International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were issued a $0.45 dividend. The ex-dividend date of this dividend was Monday, September 29th. This represents a $1.80 annualized dividend and a dividend yield of 1.9%. TFI International’s payout ratio is 41.28%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Sumitomo Mitsui Trust Group Inc. raised its holdings in shares of TFI International by 4.2% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 9,012 shares of the company’s stock valued at $698,000 after acquiring an additional 363 shares during the period. Bank of New York Mellon Corp raised its holdings in shares of TFI International by 1.8% during the second quarter. Bank of New York Mellon Corp now owns 78,729 shares of the company’s stock valued at $7,060,000 after acquiring an additional 1,356 shares during the period. QV Investors Inc. raised its holdings in shares of TFI International by 0.8% during the second quarter. QV Investors Inc. now owns 352,781 shares of the company’s stock valued at $31,604,000 after acquiring an additional 2,685 shares during the period. United Services Automobile Association acquired a new stake in shares of TFI International during the first quarter valued at approximately $217,000. Finally, Marshall Wace LLP acquired a new stake in shares of TFI International during the second quarter valued at approximately $294,000. 73.30% of the stock is owned by institutional investors and hedge funds.

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.