TFI International (TSE:TFII) Director Sells C$2,787,750.00 in Stock

TFI International Inc. (TSE:TFII) Director Alain Bédard sold 13,500 shares of TFI International stock in a transaction on Thursday, May 28th. The shares were sold at an average price of C$206.50, for a total value of C$2,787,750.00. Following the completion of the transaction, the director owned 200,009 shares of the company’s stock, valued at approximately C$41,301,858.50. This trade represents a 6.32% decrease in their ownership of the stock.

Alain Bédard also recently made the following trade(s):

• On Thursday, May 14th, Alain Bédard sold 11,700 shares of TFI International stock. The shares were sold at an average price of C$197.31, for a total value of C$2,308,527.00.

TFI International Stock Up 0.3%

TSE:TFII traded up C$0.69 during midday trading on Thursday, reaching C$210.42. The company had a trading volume of 157,151 shares, compared to its average volume of 227,287. The firm has a market capitalization of C$17.29 billion, a price-to-earnings ratio of 58.61, a PEG ratio of 1.01 and a beta of 1.49. The stock’s fifty day simple moving average is C$175.09 and its 200-day simple moving average is C$155.92. TFI International Inc. has a 12-month low of C$113.72 and a 12-month high of C$213.12. The company has a current ratio of 1.07, a quick ratio of 1.18 and a debt-to-equity ratio of 119.57.

TFI International (TSE:TFII) last released its earnings results on Monday, April 27th. The company reported C$0.96 earnings per share (EPS) for the quarter. The firm had revenue of C$2.71 billion during the quarter. TFI International had a return on equity of 11.18% and a net margin of 3.79%. On average, sell-side analysts anticipate that TFI International Inc. will post 12.2345048 earnings per share for the current fiscal year.

TFI International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Wednesday, April 15th were issued a $0.47 dividend. The ex-dividend date was Tuesday, March 31st. This represents a $1.88 dividend on an annualized basis and a yield of 0.9%. TFI International’s dividend payout ratio (DPR) is 51.25%.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. Citigroup lifted their price target on TFI International from C$143.00 to C$144.00 and gave the stock a “buy” rating in a report on Tuesday, April 7th. Scotiabank lifted their price target on TFI International from C$170.00 to C$200.00 in a report on Tuesday, April 28th. Desjardins lifted their price target on TFI International from C$183.00 to C$221.00 and gave the stock a “buy” rating in a report on Tuesday, April 28th. Finally, National Bank Financial lifted their price target on TFI International from C$190.00 to C$208.00 and gave the stock an “outperform” rating in a report on Tuesday, April 28th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, TFI International has an average rating of “Moderate Buy” and a consensus price target of C$177.20.

TFI International Company Profile

TFI International Inc is a North American leader in the transportation and logistics industry, operating across the United States,Canada and Mexico through its subsidiaries. TFI International creates value for shareholders by identifying strategic acquisitions and managing a growing network of wholly-owned operating subsidiaries. Under the TFI International umbrella, companies benefit from financial and operational resources to build their businesses and increase their efficiency. TFI International companies service the following segments: Less-Than-Truckload; Truckload; Logistics.