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

Shares of TFI International Inc. (NYSE:TFII) have earned an average rating of “Moderate Buy” from the eighteen analysts that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, four have given a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $120.69.

A number of analysts have issued reports on the stock. National Bank Financial raised shares of TFI International from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 3rd. Susquehanna Bancshares decreased their price target on shares of TFI International from $105.00 to $100.00 and set an “outperform” rating for the company in a research report on Friday, April 25th. Stephens decreased their price target on shares of TFI International from $138.00 to $110.00 and set an “equal weight” rating for the company in a research report on Tuesday, February 25th. National Bankshares upped their price objective on shares of TFI International from $132.00 to $138.00 and gave the company an “outperform” rating in a research note on Friday, April 25th. Finally, CIBC reduced their price target on shares of TFI International from $115.00 to $110.00 and set an “outperform” rating for the company in a report on Friday, April 25th.

Institutional Trading of TFI International

A number of hedge funds and other institutional investors have recently bought and sold shares of TFII. Brown Brothers Harriman & Co. grew its stake in TFI International by 124.8% in the 4th quarter. Brown Brothers Harriman & Co. now owns 236 shares of the company’s stock worth $32,000 after buying an additional 131 shares in the last quarter. CIBC Private Wealth Group LLC raised its holdings in TFI International by 40.5% during the 4th 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 last quarter. Sumitomo Mitsui Trust Group Inc. raised its holdings in TFI International by 4.2% in the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 9,012 shares of the company’s stock worth $698,000 after purchasing an additional 363 shares in the last quarter. Legato Capital Management LLC raised its holdings in TFI International by 8.9% in the 4th quarter. Legato Capital Management LLC now owns 10,468 shares of the company’s stock worth $1,414,000 after purchasing an additional 859 shares in the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S increased 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 worth $5,046,000 after acquiring an additional 2,696 shares in the last quarter. Institutional investors own 73.30% of the company’s stock.

TFI International Price Performance

Shares of TFII stock opened at $90.22 on Friday. The firm’s 50 day moving average price is $81.35 and its two-hundred day moving average price is $114.54. 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 stock has a market cap of $7.53 billion, a PE ratio of 18.04, a PEG ratio of 1.11 and a beta of 1.51. TFI International has a 52-week low of $72.02 and a 52-week high of $158.93.

TFI International (NYSE:TFII) last issued its quarterly earnings data on Wednesday, April 23rd. The company reported $0.76 EPS for the quarter, missing analysts’ consensus estimates of $0.95 by ($0.19). The company had revenue of $1.96 billion for the quarter, compared to analyst estimates of $1.46 billion. TFI International had a return on equity of 18.40% and a net margin of 5.08%. As a group, analysts forecast that TFI International will post 7.76 EPS for the current year.

TFI International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 2.00%. The ex-dividend date is Monday, June 30th. TFI International’s dividend payout ratio (DPR) is presently 39.39%.

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.