TFI International Inc. (NYSE:TFII) Receives Average Recommendation of “Moderate Buy” from Brokerages

TFI International Inc. (NYSE:TFII) has been given an average recommendation of “Moderate Buy” by the twenty brokerages that are currently covering the company, MarketBeat reports. Nine analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $127.75.

TFII has been the topic of a number of research reports. Stifel Nicolaus boosted their target price on shares of TFI International from $113.00 to $116.00 and gave the stock a “hold” rating in a report on Thursday, February 19th. Needham & Company LLC set a $130.00 price objective on shares of TFI International in a report on Wednesday, February 18th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of TFI International in a research report on Monday, December 29th. Zacks Research upgraded TFI International from a “strong sell” rating to a “hold” rating in a research note on Wednesday, January 14th. Finally, Scotiabank reissued a “sector perform” rating on shares of TFI International in a report on Wednesday, January 21st.

Institutional Investors Weigh In On TFI International

Large investors have recently added to or reduced their stakes in the business. BI Asset Management Fondsmaeglerselskab A S lifted its holdings in TFI International by 0.5% in the fourth quarter. BI Asset Management Fondsmaeglerselskab A S now owns 24,172 shares of the company’s stock valued at $2,498,000 after acquiring an additional 121 shares during the period. Cornerstone Planning Group LLC grew its stake in shares of 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 during the period. Twin Tree Management LP increased its holdings in TFI International by 6.5% in the 3rd quarter. Twin Tree Management LP now owns 16,527 shares of the company’s stock worth $1,455,000 after acquiring an additional 1,013 shares in the last quarter. SG Americas Securities LLC purchased a new stake in TFI International in the 4th quarter worth approximately $112,000. Finally, Sumitomo Mitsui Trust Group Inc. raised its stake in TFI International by 9.3% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 13,418 shares of the company’s stock worth $1,182,000 after acquiring an additional 1,143 shares during the period. Institutional investors own 73.30% of the company’s stock.

TFI International Trading Down 1.0%

Shares of TFII stock opened at $101.94 on Friday. TFI International has a fifty-two week low of $72.02 and a fifty-two week high of $127.44. The stock’s fifty day moving average price is $114.07 and its two-hundred day moving average price is $100.64. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.02 and a current ratio of 1.03. The company has a market cap of $8.38 billion, a PE ratio of 27.40, a P/E/G ratio of 1.29 and a beta of 1.53.

TFI International (NYSE:TFII) last released its quarterly earnings data on Tuesday, February 17th. The company reported $1.09 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.24. The business had revenue of $1.91 billion for the quarter, compared to analyst estimates of $1.37 billion. TFI International had a return on equity of 13.73% and a net margin of 3.94%. Equities analysts predict that TFI International will post 7.76 EPS for the current fiscal year.

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.