Insider Buying: TFI International (TSE:TFII) Director Buys C$181,392.50 in Stock

TFI International Inc. (TSE:TFII) Director Sébastien Martel acquired 1,325 shares of the stock in a transaction that occurred on Wednesday, November 4th. The stock was purchased at an average cost of C$136.90 per share, with a total value of C$181,392.50. Following the completion of the acquisition, the director owned 8,935 shares of the company’s stock, valued at C$1,223,201.50. The trade was a 17.41% increase in their ownership of the stock.

TFI International Stock Performance

Shares of TFII stock opened at C$133.98 on Friday. The company’s 50 day moving average price is C$166.17 and its two-hundred day moving average price is C$179.16. TFI International Inc. has a 52 week low of C$113.72 and a 52 week high of C$233.85. 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 company has a market capitalization of C$11.01 billion, a P/E ratio of 31.01, a price-to-earnings-growth ratio of 1.01 and a beta of 1.80.

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

TFI International Dividend Announcement

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

Wall Street Analyst Weigh In

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