Scotiabank Expects Weaker Earnings for TFI International

TFI International Inc. (NYSE:TFII) – Stock analysts at Scotiabank decreased their FY2026 earnings estimates for TFI International in a report released on Thursday, February 19th. Scotiabank analyst K. Gupta now forecasts that the company will earn $4.49 per share for the year, down from their prior estimate of $4.76. Scotiabank has a “Sector Perform” rating on the stock. The consensus estimate for TFI International’s current full-year earnings is $7.76 per share. Scotiabank also issued estimates for TFI International’s FY2027 earnings at $5.77 EPS.

Several other brokerages have also recently issued reports on TFII. Citigroup lifted their target price on shares of TFI International from $106.00 to $131.00 and gave the stock a “buy” rating in a research note on Wednesday, January 7th. The Goldman Sachs Group raised their price target on shares of TFI International from $116.00 to $128.00 and gave the stock a “buy” rating in a research note on Thursday. Morgan Stanley reaffirmed an “overweight” rating and set a $160.00 price objective on shares of TFI International in a research note on Monday, December 8th. Susquehanna raised their target price on shares of TFI International from $123.00 to $134.00 and gave the stock a “positive” rating in a research note on Thursday. Finally, Canadian Imperial Bank of Commerce set a $134.00 target price on TFI International and gave the stock an “outperform” rating in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $127.00.

TFI International Stock Performance

Shares of NYSE:TFII opened at $119.28 on Friday. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.03 and a quick ratio of 1.05. TFI International has a 1 year low of $72.02 and a 1 year high of $127.44. The firm has a market capitalization of $9.80 billion, a PE ratio of 32.06, a P/E/G ratio of 1.67 and a beta of 1.55. The business’s 50 day moving average price is $111.59 and its 200-day moving average price is $98.21.

TFI International (NYSE:TFII) last released its earnings results on Tuesday, February 17th. The company reported $1.09 EPS for the quarter, topping analysts’ consensus estimates of $0.85 by $0.24. TFI International had a net margin of 3.94% and a return on equity of 13.73%. The business had revenue of $1.91 billion during the quarter, compared to analysts’ expectations of $1.37 billion.

Institutional Investors Weigh In On TFI International

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Cornerstone Planning Group LLC grew its holdings 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 worth $89,000 after purchasing an additional 1,004 shares during the period. SG Americas Securities LLC acquired a new position in TFI International in the fourth quarter valued at about $112,000. Flow Traders U.S. LLC purchased a new position in TFI International during the third quarter worth about $207,000. United Services Automobile Association purchased a new position in TFI International during the first quarter worth about $217,000. Finally, FourThought Financial Partners LLC acquired a new stake in shares of TFI International during the third quarter valued at about $245,000. Hedge funds and other institutional investors own 73.30% of the company’s stock.

About TFI International

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.