TFI International (TSE:TFII) Sets New 12-Month Low – Here’s Why

TFI International Inc. (TSE:TFII) shares reached a new 52-week low during mid-day trading on Friday . The company traded as low as C$115.50 and last traded at C$115.98, with a volume of 6896 shares changing hands. The stock had previously closed at C$117.43.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. National Bankshares raised their target price on TFI International from C$198.00 to C$223.00 in a research report on Thursday, December 5th. Desjardins raised TFI International from a “hold” rating to a “buy” rating and lifted their target price for the company from C$204.00 to C$236.00 in a research note on Monday, December 9th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of C$207.43.

TFI International Stock Down 6.2 %

The company has a debt-to-equity ratio of 115.17, a current ratio of 0.98 and a quick ratio of 1.18. The business has a 50 day simple moving average of C$153.37 and a 200 day simple moving average of C$182.24. The stock has a market cap of C$6.57 billion, a PE ratio of 13.97, a P/E/G ratio of 1.01 and a beta of 1.37.

Insider Buying and Selling

In related news, insider TFI International Inc. purchased 15,020 shares of TFI International stock in a transaction on Friday, February 7th. The stock was bought at an average price of C$185.48 per share, with a total value of C$2,785,967.73. Also, Director William T. England acquired 3,000 shares of the stock in a transaction dated Thursday, February 27th. The shares were bought at an average cost of C$130.86 per share, for a total transaction of C$392,577.90. Over the last quarter, insiders have bought 23,128 shares of company stock worth $3,798,476. Insiders own 5.97% of the company’s stock.

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.