TFI International Inc. (NYSE:TFII) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of TFI International Inc. (NYSE:TFII) have received an average recommendation of “Moderate Buy” from the twenty analysts that are covering the firm, Marketbeat reports. Five investment analysts have rated the stock with a hold rating and fifteen have issued a buy rating on the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $150.71.

Several research analysts have issued reports on the company. JPMorgan Chase & Co. reduced their price objective on TFI International from $150.00 to $133.00 and set an “overweight” rating on the stock in a report on Wednesday, October 25th. Credit Suisse Group lifted their price objective on TFI International from $121.00 to $150.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 9th. Morgan Stanley upped their target price on shares of TFI International from $160.00 to $164.00 and gave the company an “overweight” rating in a research report on Wednesday, October 25th. CIBC lowered their price target on shares of TFI International from $159.00 to $147.00 and set an “outperform” rating for the company in a research report on Wednesday, October 25th. Finally, Wells Fargo & Company increased their price objective on shares of TFI International from $120.00 to $150.00 and gave the company an “overweight” rating in a report on Thursday, August 3rd.

Institutional Trading of TFI International

A number of institutional investors have recently modified their holdings of TFII. Steamboat Capital Partners LLC bought a new stake in TFI International in the 1st quarter valued at approximately $11,926,000. Marshall Wace LLP acquired a new position in TFI International during the fourth quarter worth $5,941,000. QV Investors Inc. grew its position in TFI International by 14.0% in the second quarter. QV Investors Inc. now owns 382,088 shares of the company’s stock valued at $43,581,000 after purchasing an additional 47,058 shares in the last quarter. JPMorgan Chase & Co. increased its stake in TFI International by 11.8% in the 2nd quarter. JPMorgan Chase & Co. now owns 355,237 shares of the company’s stock valued at $40,483,000 after buying an additional 37,443 shares during the last quarter. Finally, Leuthold Group LLC bought a new stake in TFI International during the 2nd quarter worth about $3,270,000. 60.32% of the stock is currently owned by institutional investors.

TFI International Price Performance

Shares of TFII stock opened at $116.33 on Wednesday. TFI International has a 52 week low of $98.32 and a 52 week high of $138.16. The stock has a market capitalization of $9.95 billion, a PE ratio of 19.32, a PEG ratio of 2.65 and a beta of 1.56. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.20 and a current ratio of 1.23. The stock’s fifty day moving average is $121.94 and its 200-day moving average is $118.63.

TFI International (NYSE:TFII) last issued its quarterly earnings data on Monday, October 23rd. The company reported $1.57 EPS for the quarter, missing analysts’ consensus estimates of $1.73 by ($0.16). TFI International had a return on equity of 21.38% and a net margin of 7.02%. The company had revenue of $1.91 billion for the quarter, compared to the consensus estimate of $1.88 billion. During the same period in the prior year, the company earned $2.01 EPS. The firm’s revenue was down 14.8% compared to the same quarter last year. Equities research analysts expect that TFI International will post 6.25 EPS for the current fiscal year.

TFI International Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 15th. Investors of record on Friday, December 29th will be given a $0.40 dividend. This is a boost from TFI International’s previous quarterly dividend of $0.35. This represents a $1.60 annualized dividend and a yield of 1.38%. The ex-dividend date of this dividend is Thursday, December 28th. TFI International’s payout ratio is currently 26.58%.

About TFI International

TFI International Inc provides transportation and logistics services in the United States, Canada, and Mexico. The company operates through Package and Courier, Less-Than-Truckload (LTL), Truckload (TL), and Logistics segments. The Package and Courier segment engages in the pickup, transport, and delivery of items.