TFI International Inc. (TSE:TFII) Given Consensus Rating of “Hold” by Brokerages

TFI International Inc. (TSE:TFII) has earned a consensus recommendation of “Hold” from the seven ratings firms that are currently covering the firm, Marketbeat.com reports. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12 month target price among brokers that have covered the stock in the last year is C$200.71.

A number of analysts have issued reports on TFII shares. National Bankshares downgraded shares of TFI International from an “outperform” rating to a “sector perform” rating and boosted their price objective for the company from C$217.00 to C$221.00 in a report on Monday, July 29th. Scotiabank boosted their price objective on shares of TFI International from C$245.00 to C$250.00 and gave the company an “outperform” rating in a report on Monday, July 29th. Cormark boosted their price objective on shares of TFI International from C$230.00 to C$240.00 in a report on Monday, July 29th. Finally, Desjardins downgraded shares of TFI International from a “buy” rating to a “hold” rating and boosted their price objective for the company from C$207.00 to C$219.00 in a report on Wednesday, July 17th.

Insider Buying and Selling

In other TFI International news, Senior Officer David Joseph Saperstein sold 2,000 shares of the company’s stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of C$205.00, for a total value of C$410,000.00. In other TFI International news, Senior Officer David Joseph Saperstein sold 2,000 shares of the company’s stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of C$205.00, for a total value of C$410,000.00. Also, Director Leslie Abi-Karam purchased 340 shares of the firm’s stock in a transaction on Monday, July 29th. The stock was acquired at an average price of C$154.09 per share, with a total value of C$52,390.60. Insiders sold a total of 24,572 shares of company stock worth $4,740,121 in the last three months. 5.97% of the stock is owned by corporate insiders.

TFI International Stock Down 0.2 %

TFI International stock opened at C$197.81 on Thursday. The firm has a market capitalization of C$16.73 billion, a PE ratio of 26.37, a P/E/G ratio of 1.01 and a beta of 1.40. The company’s 50-day moving average is C$203.43 and its 200-day moving average is C$199.18. TFI International has a fifty-two week low of C$144.42 and a fifty-two week high of C$220.93. The company has a debt-to-equity ratio of 123.42, a current ratio of 0.94 and a quick ratio of 1.18.

TFI International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 15th. Investors of record on Monday, July 15th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 0.81%. The ex-dividend date was Friday, June 28th. TFI International’s dividend payout ratio is 29.07%.

About TFI International

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.