TFI International (NYSE:TFII) Stock Price Down 5.3% Following Analyst Downgrade

Shares of TFI International Inc. (NYSE:TFII) dropped 5.3% on Monday after Canadian Imperial Bank of Commerce lowered their price target on the stock from $175.00 to $158.00. Canadian Imperial Bank of Commerce currently has an outperformer rating on the stock. TFI International traded as low as $114.53 and last traded at $112.5970. Approximately 27,891 shares were traded during trading, a decline of 92% from the average daily volume of 361,724 shares. The stock had previously closed at $118.90.

Several other research firms have also weighed in on TFII. TD Cowen lifted their target price on shares of TFI International from $154.00 to $158.00 and gave the company a “buy” rating in a report on Tuesday, July 28th. Morgan Stanley increased their price target on TFI International from $175.00 to $190.00 and gave the company an “overweight” rating in a report on Monday, July 6th. Zacks Research lowered TFI International from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 28th. Wall Street Zen upgraded TFI International from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 1st. Finally, Citigroup decreased their target price on TFI International from $182.00 to $180.00 and set a “buy” rating for the company in a research report on Tuesday, July 28th. Fourteen research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $171.71.

Institutional Trading of TFI International

Several large investors have recently modified their holdings of TFII. Caisse de depot et placement du Quebec purchased a new stake in TFI International during the 2nd quarter worth approximately $910,995,000. Jupiter Topco LLC purchased a new position in shares of TFI International during the 2nd quarter valued at approximately $515,259,000. The Manufacturers Life Insurance Company purchased a new position in shares of TFI International during the 2nd quarter valued at approximately $189,264,000. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of TFI International during the second quarter worth approximately $136,656,000. Finally, Canada Pension Plan Investment Board acquired a new stake in shares of TFI International during the second quarter worth approximately $61,329,000. 73.30% of the stock is currently owned by institutional investors and hedge funds.

TFI International Trading Down 3.4%

The company has a quick ratio of 1.08, a current ratio of 1.09 and a debt-to-equity ratio of 0.83. The business’s 50 day moving average is $133.20 and its 200-day moving average is $136.55. The firm has a market cap of $9.44 billion, a P/E ratio of 28.23, a price-to-earnings-growth ratio of 0.74 and a beta of 1.63.

TFI International (NYSE:TFII) last posted its quarterly earnings results on Monday, July 27th. The company reported $1.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.59 by $0.26. The firm had revenue of $2.29 billion for the quarter, compared to analysts’ expectations of $2.23 billion. TFI International had a net margin of 4.14% and a return on equity of 14.87%. TFI International has set its Q3 2026 guidance at 1.700-1.800 EPS. As a group, analysts forecast that TFI International Inc. will post 6.06 earnings per share for the current fiscal year.

TFI International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be paid a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Wednesday, September 30th. TFI International’s dividend payout ratio is 46.19%.

TFI International Company Profile

TFI International Inc is a transportation and logistics company headquartered in Saint-Laurent, Quebec. Through its operating companies, TFI International provides freight transportation, logistics and related services across North America, with operations serving Canada, the United States and Mexico.

The company’s principal activities include less-than-truckload and truckload transportation, package and courier delivery, last-mile services, specialized transportation and logistics. Its specialized operations support industries and customers requiring services such as expedited delivery, freight brokerage, final-mile distribution, household moving and handling of specialized or regulated cargo.

TFI International traces its roots to 1957 and was previously known as TransForce Inc The company adopted the TFI International name in 2016 as part of a broader effort to reflect the scope of its transportation and logistics operations.