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

Shares of TFI International Inc. (NYSE:TFII) have received a consensus recommendation of “Moderate Buy” from the eighteen brokerages that are presently covering the stock, MarketBeat Ratings reports. Four analysts have rated the stock with a hold recommendation and fourteen have issued a buy recommendation on the company. The average 12 month price objective among brokers that have covered the stock in the last year is $158.39.

TFII has been the subject of a number of research analyst reports. Scotiabank upgraded shares of TFI International from a “sector perform” rating to a “sector outperform” rating in a research report on Monday, January 22nd. Stifel Nicolaus increased their target price on shares of TFI International from $148.00 to $149.00 and gave the stock a “buy” rating in a research report on Wednesday, January 10th. Royal Bank of Canada reiterated an “outperform” rating and issued a $155.00 target price on shares of TFI International in a research report on Monday, February 12th. CIBC increased their target price on shares of TFI International from $167.00 to $175.00 and gave the stock an “outperformer” rating in a research report on Tuesday, April 2nd. Finally, The Goldman Sachs Group increased their target price on shares of TFI International from $157.00 to $173.00 and gave the stock a “buy” rating in a research report on Thursday.

Institutional Trading of TFI International

Institutional investors have recently made changes to their positions in the business. Cary Street Partners Investment Advisory LLC bought a new position in TFI International during the 3rd quarter valued at about $27,000. SG Americas Securities LLC bought a new position in shares of TFI International in the third quarter worth about $257,000. Clearbridge Investments LLC bought a new position in shares of TFI International in the fourth quarter worth about $287,000. Ensign Peak Advisors Inc raised its stake in shares of TFI International by 94.1% in the third quarter. Ensign Peak Advisors Inc now owns 3,300 shares of the company’s stock worth $315,000 after acquiring an additional 1,600 shares during the last quarter. Finally, US Bancorp DE raised its stake in shares of TFI International by 1,700.8% in the first quarter. US Bancorp DE now owns 4,376 shares of the company’s stock worth $466,000 after acquiring an additional 4,133 shares during the last quarter. 73.30% of the stock is currently owned by institutional investors and hedge funds.

TFI International Trading Down 1.3 %

Shares of NYSE:TFII opened at $156.05 on Friday. The stock has a market capitalization of $13.20 billion, a price-to-earnings ratio of 26.86, a PEG ratio of 4.25 and a beta of 1.52. TFI International has a 1-year low of $100.96 and a 1-year high of $162.13. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.23 and a current ratio of 1.25. The company has a 50 day moving average price of $151.00 and a 200 day moving average price of $132.75.

TFI International (NYSE:TFII) last posted its quarterly earnings data on Friday, February 9th. The company reported $1.71 EPS for the quarter, topping analysts’ consensus estimates of $1.67 by $0.04. TFI International had a net margin of 6.71% and a return on equity of 20.92%. The firm had revenue of $1.97 billion during the quarter, compared to analyst estimates of $1.95 billion. During the same quarter last year, the business posted $1.72 EPS. The company’s revenue was up .6% on a year-over-year basis. On average, research analysts anticipate that TFI International will post 7.52 EPS for the current fiscal year.

TFI International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 15th. Stockholders of record on Thursday, March 28th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Wednesday, March 27th. This represents a $1.60 annualized dividend and a dividend yield of 1.03%. TFI International’s dividend payout ratio (DPR) is currently 27.54%.

TFI International Company Profile

TFI International Inc, together with its subsidiaries, provides transportation and logistics services in the United States and Canada. The company operates through Package and Courier, Less-Than-Truckload (LTL), Truckload (TL), and Logistics segments. The Package and Courier segment engages in the pickup, transport, and delivery of items in North America.