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

Shares of TFI International Inc. (NYSE:TFII) have been given a consensus recommendation of “Moderate Buy” by the seventeen research firms that are covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $160.78.

Several equities research analysts have issued reports on TFII shares. TD Cowen dropped their target price on shares of TFI International from $178.00 to $176.00 and set a “buy” rating for the company in a research report on Monday, April 29th. The Goldman Sachs Group lifted their price objective on shares of TFI International from $157.00 to $173.00 and gave the stock a “buy” rating in a report on Thursday, April 11th. Deutsche Bank Aktiengesellschaft began coverage on TFI International in a research note on Monday, January 29th. They issued a “buy” rating and a $175.00 target price on the stock. National Bank Financial raised TFI International from a “sector perform under weight” rating to an “outperfrom under weight” rating in a research note on Friday, April 26th. Finally, Morgan Stanley raised their price objective on TFI International from $169.00 to $176.00 and gave the company an “overweight” rating in a report on Monday, February 12th.

TFI International Price Performance

NYSE:TFII opened at $134.37 on Wednesday. TFI International has a 52-week low of $102.94 and a 52-week high of $162.13. The stock has a fifty day moving average of $150.08 and a 200 day moving average of $134.66. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.64 and a current ratio of 1.66. The firm has a market capitalization of $11.36 billion, a price-to-earnings ratio of 23.87, a P/E/G ratio of 1.02 and a beta of 1.57.

TFI International (NYSE:TFII) last released its quarterly earnings results on Thursday, April 25th. The company reported $1.24 earnings per share for the quarter, missing the consensus estimate of $1.39 by ($0.15). TFI International had a net margin of 6.44% and a return on equity of 20.39%. The business had revenue of $1.87 billion during the quarter, compared to analysts’ expectations of $1.89 billion. On average, research analysts expect that TFI International will post 6.92 EPS for the current fiscal year.

TFI International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Thursday, March 28th were issued a dividend of $0.40 per share. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.19%. TFI International’s dividend payout ratio is presently 28.42%.

Institutional Investors Weigh In On TFI International

Institutional investors and hedge funds have recently modified their holdings of the stock. Cary Street Partners Investment Advisory LLC bought a new position in TFI International in the third quarter worth $27,000. UMB Bank n.a. bought a new position in shares of TFI International in the 1st quarter worth about $136,000. SG Americas Securities LLC purchased a new position in TFI International during the 3rd quarter valued at about $257,000. Clearbridge Investments LLC purchased a new position in TFI International during the 4th quarter valued at about $287,000. Finally, Campbell & CO Investment Adviser LLC boosted its stake in TFI International by 67.0% during the fourth quarter. Campbell & CO Investment Adviser LLC now owns 3,842 shares of the company’s stock worth $522,000 after acquiring an additional 1,542 shares in the last quarter. 73.30% of the stock is owned by hedge funds and other institutional investors.

TFI International Company Profile

TFI International Inc, together with its subsidiaries, provides transportation and logistics services in the United States and Canada. 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 in North America.