Desjardins Cuts Earnings Estimates for TFI International

TFI International Inc. (NYSE:TFII) – Equities research analysts at Desjardins cut their FY2025 earnings per share (EPS) estimates for TFI International in a note issued to investors on Sunday, November 2nd. Desjardins analyst B. Poirier now anticipates that the company will earn $4.26 per share for the year, down from their previous estimate of $4.53. The consensus estimate for TFI International’s current full-year earnings is $7.76 per share. Desjardins also issued estimates for TFI International’s FY2027 earnings at $7.09 EPS.

Several other research analysts have also recently issued reports on TFII. Scotiabank cut TFI International from a “sector outperform” rating to a “sector perform” rating in a report on Thursday, July 10th. Zacks Research downgraded TFI International from a “hold” rating to a “strong sell” rating in a report on Wednesday, October 29th. Bank of America boosted their price objective on TFI International from $90.00 to $92.00 and gave the stock an “underperform” rating in a report on Tuesday, July 29th. Royal Bank Of Canada cut their price objective on TFI International from $106.00 to $102.00 and set an “outperform” rating on the stock in a report on Monday. Finally, Citigroup cut their price objective on TFI International from $110.00 to $106.00 and set a “buy” rating on the stock in a report on Monday. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $111.27.

TFI International Price Performance

NYSE TFII opened at $89.51 on Tuesday. The stock has a market capitalization of $7.37 billion, a P/E ratio of 23.07, a P/E/G ratio of 4.96 and a beta of 1.48. TFI International has a 1 year low of $72.02 and a 1 year high of $155.12. The business’s fifty day moving average is $92.09 and its two-hundred day moving average is $89.54. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.05 and a current ratio of 1.06.

TFI International (NYSE:TFII) last posted its quarterly earnings results on Thursday, October 30th. The company reported $1.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.19 by $0.01. The company had revenue of $1.97 billion for the quarter, compared to analysts’ expectations of $1.49 billion. TFI International had a return on equity of 14.20% and a net margin of 4.06%.

TFI International Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st will be paid a dividend of $0.47 per share. This is a boost from TFI International’s previous quarterly dividend of $0.45. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $1.88 annualized dividend and a yield of 2.1%. TFI International’s dividend payout ratio (DPR) is presently 46.39%.

Hedge Funds Weigh In On TFI International

Several institutional investors and hedge funds have recently bought and sold shares of TFII. Cornerstone Planning Group LLC grew its stake in TFI International by 20,080.0% during the 3rd quarter. Cornerstone Planning Group LLC now owns 1,009 shares of the company’s stock valued at $89,000 after acquiring an additional 1,004 shares in the last quarter. United Services Automobile Association bought a new stake in shares of TFI International in the 1st quarter valued at approximately $217,000. Marshall Wace LLP bought a new stake in shares of TFI International in the 2nd quarter valued at approximately $294,000. Entropy Technologies LP grew its stake in shares of TFI International by 46.9% in the 1st quarter. Entropy Technologies LP now owns 13,656 shares of the company’s stock valued at $1,058,000 after buying an additional 4,361 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. grew its stake in shares of TFI International by 36.2% in the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 12,275 shares of the company’s stock valued at $1,101,000 after buying an additional 3,263 shares in the last quarter. Hedge funds and other institutional investors 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.