TFI International (TSE:TFII) Director Acquires 1,600 Shares of Stock

TFI International Inc. (TSE:TFII) Director Debra Kelly-Ennis acquired 1,600 shares of the company’s stock in a transaction dated Monday, November 2nd. The shares were purchased at an average cost of C$130.88 per share, with a total value of C$209,408.00. Following the acquisition, the director owned 11,307 shares of the company’s stock, valued at approximately C$1,479,860.16. This represents a 16.48% increase in their position.

TFI International Trading Up 1.2%

TSE:TFII traded up C$1.56 during mid-day trading on Tuesday, hitting C$135.72. The company had a trading volume of 269,199 shares, compared to its average volume of 263,669. The business’s fifty day moving average is C$170.27 and its two-hundred day moving average is C$179.52. The company has a debt-to-equity ratio of 106.02, a quick ratio of 1.18 and a current ratio of 1.11. The firm has a market cap of C$11.16 billion, a P/E ratio of 31.42, a P/E/G ratio of 1.01 and a beta of 1.96. TFI International Inc. has a fifty-two week low of C$113.72 and a fifty-two week high of C$233.85.

TFI International (TSE:TFII) last released its earnings results on Thursday, October 29th. The company reported C$2.38 earnings per share for the quarter. The business had revenue of C$3.18 billion during the quarter. TFI International had a net margin of 4.22% and a return on equity of 12.95%. As a group, research analysts expect that TFI International Inc. will post 12.23 earnings per share for the current year.

TFI International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Thursday, October 15th were issued a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend was Tuesday, September 29th. TFI International’s dividend payout ratio is presently 43.52%.

Key Stories Impacting TFI International

Here are the key news stories impacting TFI International this week:

• Positive Sentiment: Company directors purchased a combined 25,367 shares worth approximately C$3.35 million. Executive Chairman Alain Bédard bought 20,000 shares for C$2.64 million, while directors Debra Kelly-Ennis, Steven Mayer and John Pratt also added to their positions. These purchases may signal that insiders view the recent share-price weakness as excessive and believe TFII offers value at current levels. TFI International Director Alain Bédard Acquires 20,000 Shares of Company Stock
• Positive Sentiment: The insider purchases occurred near C$130-C$135 per share, substantially below TFII’s 52-week high. This concentration of buying by multiple directors can provide some support for the stock, although insider purchases do not guarantee an operational turnaround.
• Neutral Sentiment: TFII recently reported quarterly earnings of C$2.38 per share on C$3.18 billion in revenue. Its profitability remains positive, with a 4.22% net margin and 12.95% return on equity, but investors are focused more heavily on future earnings and the performance of its acquired freight operations.
• Negative Sentiment: TD Cowen and CIBC both sharply lowered their TFII price targets to C$119 and C$120, respectively, from C$158. The reductions indicate weaker near-term expectations and may limit the stock’s recovery despite the insider buying. TFI International Price Target Lowered at TD Cowen TFI International Price Target Lowered at CIBC
• Negative Sentiment: A report says TFI is still struggling to turn around the UPS Freight business five years after acquiring it. Ongoing integration and operational challenges raise concerns about margins, returns on capital and the company’s ability to generate the earnings growth previously expected by investors. Five Years After Buying UPS’s Freight Business, TFI Is Struggling to Turn It Around

Analyst Upgrades and Downgrades

Several research firms have commented on TFII. Desjardins lifted their target price on shares of TFI International from C$221.00 to C$245.00 and gave the stock a “buy” rating in a research report on Tuesday, July 28th. National Bank Financial dropped their price objective on TFI International from C$208.00 to C$160.00 and set an “outperform” rating for the company in a research note on Friday, July 10th. Finally, Scotiabank lowered their price objective on TFI International from C$263.00 to C$235.00 and set a “sector outperform” rating for the company in a research report on Thursday, October 15th. Four equities research analysts have rated the stock with a Buy rating. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of C$179.40.

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.