TFI International (TSE:TFII) Given New C$190.00 Price Target at National Bank Financial

TFI International (TSE:TFII) had its price objective increased by National Bank Financial from C$173.00 to C$190.00 in a research note released on Tuesday,BayStreet.CA reports. They currently have an outperform rating on the stock.

Several other brokerages have also recently issued reports on TFII. Citigroup boosted their price target on TFI International from C$143.00 to C$144.00 and gave the company a “buy” rating in a research note on Tuesday, April 7th. Desjardins boosted their price target on TFI International from C$173.00 to C$183.00 and gave the company a “buy” rating in a research note on Thursday, February 19th. Stifel Nicolaus boosted their price target on TFI International from C$100.00 to C$113.00 in a research note on Wednesday, January 21st. Finally, Scotiabank upped their target price on TFI International from C$165.00 to C$170.00 and gave the stock a “sector perform” rating in a research note on Thursday, April 9th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of C$160.00.

TFI International Trading Up 0.5%

Shares of TFII stock opened at C$172.31 on Tuesday. The company has a current ratio of 1.03, a quick ratio of 1.18 and a debt-to-equity ratio of 138.05. The stock has a market cap of C$14.16 billion, a P/E ratio of 46.32, a price-to-earnings-growth ratio of 1.01 and a beta of 1.36. The stock has a 50 day simple moving average of C$156.20 and a 200 day simple moving average of C$142.67. TFI International has a 1 year low of C$103.29 and a 1 year high of C$173.33.

TFI International (TSE:TFII) last issued its quarterly earnings results on Tuesday, February 17th. The company reported C$1.50 earnings per share (EPS) for the quarter. The business had revenue of C$2.51 billion during the quarter. TFI International had a return on equity of 11.65% and a net margin of 3.92%. On average, research analysts predict that TFI International will post 12.2345048 earnings per share for the current fiscal year.

TFI International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 15th will be paid a dividend of $0.47 per share. The ex-dividend date is Tuesday, March 31st. This represents a $1.88 annualized dividend and a yield of 1.1%. TFI International’s dividend payout ratio is presently 48.92%.

TFI International Company Profile

TFI International Inc is a transportation and logistics company domiciled in Canada. The company organises itself into four segments: package and courier, less-than-truckload, truckload, and logistics. The package and courier segment picks up, transports, and delivers items across North America. The less-than-truckload segment transports smaller loads. The truckload segment transports goods by flatbed trucks, containers, or a more specialised service. The company provides general logistics services through the logistics segment.