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

TFI International Inc. (NYSE:TFII) has earned a consensus recommendation of “Moderate Buy” from the nineteen ratings firms that are presently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating, six have issued a hold rating, ten have issued a buy rating and two have issued a strong buy rating on the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $117.13.

Several analysts have weighed in on the company. UBS Group lifted their target price on TFI International from $88.00 to $90.00 and gave the company a “neutral” rating in a research note on Tuesday. Susquehanna Bancshares dropped their target price on TFI International from $105.00 to $100.00 and set an “outperform” rating on the stock in a report on Friday, April 25th. Stifel Nicolaus boosted their target price on TFI International from $88.00 to $91.00 and gave the stock a “hold” rating in a report on Thursday, July 24th. BMO Capital Markets dropped their target price on TFI International from $89.00 to $88.00 and set a “market perform” rating on the stock in a report on Friday, April 25th. Finally, CIBC dropped their target price on TFI International from $118.00 to $110.00 and set an “outperformer” rating on the stock in a report on Tuesday, July 8th.

TFI International Stock Down 0.8%

Shares of TFI International stock opened at $87.04 on Friday. The business’s fifty day moving average price is $89.41 and its two-hundred day moving average price is $94.54. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.05 and a quick ratio of 1.02. The company has a market capitalization of $7.23 billion, a P/E ratio of 19.96, a PEG ratio of 3.05 and a beta of 1.48. TFI International has a 1-year low of $72.02 and a 1-year high of $157.77.

TFI International (NYSE:TFII) last announced its earnings results on Monday, July 28th. The company reported $1.34 earnings per share for the quarter, beating the consensus estimate of $1.24 by $0.10. The firm had revenue of $2.04 billion for the quarter, compared to the consensus estimate of $1.49 billion. TFI International had a return on equity of 15.45% and a net margin of 4.48%. As a group, research analysts forecast that TFI International will post 7.76 EPS for the current year.

Institutional Trading of TFI International

Several institutional investors and hedge funds have recently bought and sold shares of TFII. Brown Brothers Harriman & Co. raised its holdings in TFI International by 124.8% during 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 during the period. CIBC Private Wealth Group LLC raised its position in TFI International by 40.5% during 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. Geode Capital Management LLC raised its position in TFI International by 31.5% during the fourth quarter. Geode Capital Management LLC now owns 469,263 shares of the company’s stock valued at $64,345,000 after buying an additional 112,455 shares during the period. CDAM UK Ltd raised its position in TFI International by 2.5% during the fourth quarter. CDAM UK Ltd now owns 381,102 shares of the company’s stock valued at $51,483,000 after buying an additional 9,200 shares during the period. Finally, BI Asset Management Fondsmaeglerselskab A S raised its position in TFI International by 7.8% during the fourth quarter. BI Asset Management Fondsmaeglerselskab A S now owns 37,353 shares of the company’s stock valued at $5,046,000 after buying an additional 2,696 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.