TFI International (NYSE:TFII) Price Target Cut to $105.00 by Analysts at Stifel Nicolaus

TFI International (NYSE:TFII) had its target price reduced by Stifel Nicolaus from $120.00 to $105.00 in a research report released on Monday,Benzinga reports. Stifel Nicolaus currently has a hold rating on the stock.

TFII has been the topic of a number of other reports. TD Cowen lowered their price target on shares of TFI International from $135.00 to $128.00 and set a “buy” rating on the stock in a research note on Friday, March 28th. Stephens dropped their target price on shares of TFI International from $138.00 to $110.00 and set an “equal weight” rating for the company in a report on Tuesday, February 25th. UBS Group downgraded shares of TFI International from a “buy” rating to a “neutral” rating and reduced their price target for the company from $163.00 to $107.00 in a research report on Friday, February 21st. National Bank Financial upgraded TFI International from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 3rd. Finally, Bank of America downgraded TFI International from a “neutral” rating to an “underperform” rating in a research report on Thursday, February 20th. One research analyst has rated the stock with a sell rating, four have given a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat, TFI International presently has an average rating of “Moderate Buy” and an average target price of $140.14.

TFI International Stock Down 2.6 %

TFII stock opened at $79.27 on Monday. TFI International has a one year low of $72.02 and a one year high of $159.11. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.96 and a current ratio of 1.03. The company has a fifty day moving average of $92.41 and a 200-day moving average of $123.43. The stock has a market capitalization of $6.66 billion, a PE ratio of 15.85, a price-to-earnings-growth ratio of 1.11 and a beta of 1.57.

TFI International (NYSE:TFII) last released its earnings results on Wednesday, February 19th. The company reported $1.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.59 by ($0.40). The business had revenue of $2.08 billion for the quarter, compared to analyst estimates of $1.54 billion. TFI International had a return on equity of 18.40% and a net margin of 5.08%. As a group, analysts expect that TFI International will post 7.76 EPS for the current year.

TFI International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be given a $0.45 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.80 annualized dividend and a dividend yield of 2.27%. TFI International’s dividend payout ratio is presently 36.00%.

Hedge Funds Weigh In On TFI International

Several institutional investors and hedge funds have recently bought and sold shares of the stock. QV Investors Inc. raised its position in shares of TFI International by 60.6% in the 1st quarter. QV Investors Inc. now owns 350,096 shares of the company’s stock worth $27,103,000 after buying an additional 132,166 shares during the period. BI Asset Management Fondsmaeglerselskab A S lifted its stake in shares of TFI International by 7.8% in the 4th quarter. BI Asset Management Fondsmaeglerselskab A S now owns 37,353 shares of the company’s stock valued at $5,046,000 after purchasing an additional 2,696 shares in the last quarter. CDAM UK Ltd grew its holdings in shares of TFI International by 2.5% during the 4th quarter. CDAM UK Ltd now owns 381,102 shares of the company’s stock worth $51,483,000 after purchasing an additional 9,200 shares during the period. Geode Capital Management LLC increased its position in TFI International by 31.5% during the 4th quarter. Geode Capital Management LLC now owns 469,263 shares of the company’s stock worth $64,345,000 after purchasing an additional 112,455 shares in the last quarter. Finally, CIBC Private Wealth Group LLC raised its holdings in TFI International by 40.5% in the fourth quarter. CIBC Private Wealth Group LLC now owns 555 shares of the company’s stock valued at $74,000 after buying an additional 160 shares during the period. Institutional investors and hedge funds own 73.30% 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.