TFI International (NYSE:TFII) Receives Hold (C-) Rating from Weiss Ratings

Weiss Ratings reissued their hold (c-) rating on shares of TFI International (NYSE:TFII) in a report released on Tuesday,Weiss Ratings reports.

A number of other research analysts have also recently commented on the company. Stifel Nicolaus upped their price objective on TFI International from $88.00 to $91.00 and gave the company a “hold” rating in a report on Thursday, July 24th. TD Cowen decreased their price target on TFI International from $115.00 to $107.00 and set a “buy” rating on the stock in a research note on Tuesday, July 29th. Scotiabank cut TFI International from a “sector outperform” rating to a “sector perform” rating in a research note on Thursday, July 10th. Bank of America upped their price target on TFI International from $90.00 to $92.00 and gave the stock an “underperform” rating in a research note on Tuesday, July 29th. Finally, JPMorgan Chase & Co. decreased their price target on TFI International from $116.00 to $104.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 8th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $120.29.

TFI International Trading Up 1.5%

TFII opened at $89.54 on Tuesday. TFI International has a one year low of $72.02 and a one year high of $155.12. The stock has a market capitalization of $7.37 billion, a PE ratio of 20.54, a P/E/G ratio of 3.12 and a beta of 1.45. The business’s 50 day moving average price is $91.98 and its 200 day moving average price is $88.04. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.03 and a current ratio of 1.05.

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

TFI International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be paid a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Monday, September 29th. TFI International’s dividend payout ratio (DPR) is presently 41.28%.

Institutional Trading of TFI International

Several hedge funds have recently modified their holdings of TFII. Dixon Mitchell Investment Counsel Inc. raised its stake in shares of TFI International by 44.4% in the second quarter. Dixon Mitchell Investment Counsel Inc. now owns 818,334 shares of the company’s stock valued at $73,714,000 after acquiring an additional 251,444 shares in the last quarter. Argent Capital Management LLC increased its holdings in TFI International by 303.4% in the second quarter. Argent Capital Management LLC now owns 142,864 shares of the company’s stock valued at $12,811,000 after buying an additional 107,451 shares during the last quarter. Geode Capital Management LLC increased its holdings in TFI International by 19.1% in the second quarter. Geode Capital Management LLC now owns 632,426 shares of the company’s stock valued at $57,214,000 after buying an additional 101,218 shares during the last quarter. Quantbot Technologies LP increased its holdings in TFI International by 877.9% in the first quarter. Quantbot Technologies LP now owns 78,466 shares of the company’s stock valued at $6,077,000 after buying an additional 70,442 shares during the last quarter. Finally, BNP Paribas Financial Markets increased its holdings in TFI International by 104.0% in the second quarter. BNP Paribas Financial Markets now owns 125,737 shares of the company’s stock valued at $11,275,000 after buying an additional 64,108 shares during the last quarter. 73.30% of the stock is currently owned by institutional investors and hedge funds.

TFI International Company Profile

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.