TFI International (TSE:TFII) Director Alain Bédard Sells 8,834 Shares

TFI International Inc. (TSE:TFII) Director Alain Bédard sold 8,834 shares of the stock in a transaction on Friday, June 5th. The shares were sold at an average price of C$222.06, for a total value of C$1,961,678.04. Following the completion of the transaction, the director owned 150,000 shares in the company, valued at C$33,309,000. The trade was a 5.56% decrease in their ownership of the stock.

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

• On Friday, June 5th, Alain Bédard sold 7,466 shares of TFI International stock. The shares were sold at an average price of C$222.06, for a total value of C$1,657,899.96.
• On Friday, June 5th, Alain Bédard sold 5,550 shares of TFI International stock. The shares were sold at an average price of C$222.06, for a total value of C$1,232,433.00.
• On Monday, June 8th, Alain Bédard sold 2,543 shares of TFI International stock. The shares were sold at an average price of C$226.29, for a total value of C$575,455.47.
• On Tuesday, June 9th, Alain Bédard sold 5,000 shares of TFI International stock. The shares were sold at an average price of C$231.93, for a total value of C$1,159,650.00.
• On Tuesday, June 9th, Alain Bédard sold 10,000 shares of TFI International stock. The shares were sold at an average price of C$231.93, for a total value of C$2,319,300.00.
• On Thursday, May 28th, Alain Bédard sold 13,500 shares of TFI International stock. The shares were sold at an average price of C$206.50, for a total value of C$2,787,750.00.
• 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 Trading Down 2.2%

Shares of TFII stock traded down C$4.90 during trading hours on Tuesday, reaching C$222.97. The company had a trading volume of 297,962 shares, compared to its average volume of 236,846. The company has a 50 day moving average of C$187.56 and a 200 day moving average of C$161.51. The company has a debt-to-equity ratio of 119.57, a current ratio of 1.07 and a quick ratio of 1.18. The firm has a market cap of C$18.33 billion, a price-to-earnings ratio of 62.11, a P/E/G ratio of 1.01 and a beta of 1.75. TFI International Inc. has a 1-year low of C$113.72 and a 1-year high of C$233.85.

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

TFI International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 15th were paid a $0.47 dividend. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $1.88 dividend on an annualized basis and a dividend yield of 0.8%. TFI International’s dividend payout ratio is 51.25%.

Analyst Ratings Changes

TFII has been the topic of a number of analyst reports. Scotiabank increased their price target on TFI International from C$170.00 to C$200.00 in a research note on Tuesday, April 28th. Desjardins raised their price objective on TFI International from C$183.00 to C$221.00 and gave the stock a “buy” rating in a research note on Tuesday, April 28th. Citigroup raised their price objective on TFI International from C$143.00 to C$144.00 and gave the stock a “buy” rating in a research note on Tuesday, April 7th. Finally, National Bank Financial raised their price objective on TFI International from C$190.00 to C$208.00 and gave the stock an “outperform” rating in a research note on Tuesday, April 28th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, TFI International has an average rating of “Moderate Buy” and a consensus target price 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.