Stephens Has Lowered Expectations for TFI International (NYSE:TFII) Stock Price

TFI International (NYSE:TFII) had its price objective decreased by Stephens from $115.00 to $105.00 in a research report issued to clients and investors on Thursday, Marketbeat reports. The brokerage currently has an “equal weight” rating on the stock. Stephens’ price objective would suggest a potential downside of 11.97% from the company’s previous close.

Other equities analysts have also issued reports about the stock. Stifel Nicolaus raised their price target on shares of TFI International from $100.00 to $113.00 and gave the stock a “hold” rating in a research report on Wednesday, January 21st. Weiss Ratings reissued a “hold (c)” rating on shares of TFI International in a report on Monday, December 29th. JPMorgan Chase & Co. boosted their target price on shares of TFI International from $106.00 to $141.00 and gave the company an “overweight” rating in a research report on Monday, January 12th. Bank of America raised shares of TFI International from an “underperform” rating to a “neutral” rating and upped their price target for the company from $111.00 to $123.00 in a report on Thursday. Finally, Needham & Company LLC set a $130.00 price objective on TFI International in a research note on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $127.00.

TFI International Stock Performance

Shares of TFII stock opened at $119.28 on Thursday. The business has a fifty day moving average of $111.59 and a 200 day moving average of $98.21. TFI International has a 1 year low of $72.02 and a 1 year high of $127.44. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.03 and a quick ratio of 1.05. The firm has a market capitalization of $9.80 billion, a price-to-earnings ratio of 32.06, a price-to-earnings-growth ratio of 1.67 and a beta of 1.55.

TFI International (NYSE:TFII) last announced its quarterly earnings data on Tuesday, February 17th. The company reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.85 by $0.24. TFI International had a return on equity of 13.73% and a net margin of 3.94%.The firm had revenue of $1.91 billion during the quarter, compared to analysts’ expectations of $1.37 billion. As a group, research analysts expect that TFI International will post 7.76 earnings per share for the current year.

Institutional Investors Weigh In On TFI International

Several hedge funds have recently modified their holdings of the company. Cornerstone Planning Group LLC grew its position 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. SG Americas Securities LLC acquired a new stake in TFI International in the fourth quarter valued at approximately $112,000. Flow Traders U.S. LLC acquired a new stake in TFI International in the third quarter valued at approximately $207,000. FourThought Financial Partners LLC purchased a new stake in shares of TFI International in the third quarter valued at approximately $245,000. Finally, United Services Automobile Association acquired a new position in shares of TFI International during the 1st quarter worth approximately $217,000. 73.30% of the stock is owned by hedge funds and other institutional investors.

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.