TFI International (NYSE:TFII) Given New $141.00 Price Target at JPMorgan Chase & Co.

TFI International (NYSE:TFII) had its target price increased by JPMorgan Chase & Co. from $106.00 to $141.00 in a report published on Monday morning,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the stock.

Several other analysts have also recently weighed in on TFII. Royal Bank Of Canada boosted their price objective on shares of TFI International from $102.00 to $125.00 and gave the stock an “outperform” rating in a research note on Monday, December 22nd. Cowen reaffirmed a “buy” rating on shares of TFI International in a report on Friday. Stifel Nicolaus upped their price target on TFI International from $93.00 to $100.00 and gave the company a “hold” rating in a research report on Tuesday, December 16th. Zacks Research downgraded TFI International from a “hold” rating to a “strong sell” rating in a research report on Wednesday, October 29th. Finally, Stephens set a $115.00 price objective on TFI International in a research note on Tuesday, January 6th. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, TFI International currently has a consensus rating of “Moderate Buy” and an average price target of $119.87.

TFI International Stock Performance

TFI International stock opened at $111.96 on Monday. The business has a 50 day moving average of $96.79 and a 200-day moving average of $93.27. The company has a market capitalization of $9.20 billion, a P/E ratio of 28.86, a P/E/G ratio of 5.05 and a beta of 1.49. TFI International has a 1 year low of $72.02 and a 1 year high of $140.35. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.06 and a quick ratio of 1.05.

TFI International (NYSE:TFII) last posted its earnings results on Thursday, October 30th. The company reported $1.20 EPS for the quarter, topping the consensus estimate of $1.19 by $0.01. TFI International had a net margin of 4.06% and a return on equity of 14.20%. The business had revenue of $1.97 billion for the quarter, compared to the consensus estimate of $1.49 billion. On average, equities research analysts predict that TFI International will post 7.76 earnings per share for the current year.

TFI International Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Wednesday, December 31st will be given a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a dividend yield of 1.7%. The ex-dividend date is Wednesday, December 31st. This is a positive change from TFI International’s previous quarterly dividend of $0.45. TFI International’s dividend payout ratio is currently 48.45%.

Institutional Investors Weigh In On TFI International

Hedge funds have recently added to or reduced their stakes in the business. Cornerstone Planning Group LLC increased 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 purchasing an additional 1,004 shares in the last quarter. SG Americas Securities LLC acquired a new position in shares of TFI International during the fourth quarter valued at about $112,000. Flow Traders U.S. LLC acquired a new position in shares of TFI International during the third quarter valued at about $207,000. United Services Automobile Association bought a new stake in shares of TFI International during the first quarter worth about $217,000. Finally, FourThought Financial Partners LLC acquired a new stake in shares of TFI International in the 3rd quarter worth about $245,000. 73.30% of the stock is currently owned by institutional investors.

TFI International Company Profile

TFI International Inc (NYSE: TFII) is a leading North American transport and logistics company headquartered in Montreal, Quebec. The company operates through a network of subsidiaries that provide truckload, less-than-truckload (LTL), specialized freight, package and courier, and logistics services. By integrating these operations, TFI delivers comprehensive end-to-end solutions, including long-haul and regional transportation, expedited delivery, warehousing, and cross-border freight movement.

Originally founded in 1957 as a regional trucking outfit in Cabano, Quebec, TFI International has expanded significantly through a disciplined acquisition strategy.