National Bank Financial Weighs in on TFII Q4 Earnings

TFI International Inc. (NYSE:TFII) – Stock analysts at National Bank Financial issued their Q4 2024 earnings per share estimates for TFI International in a research report issued to clients and investors on Tuesday, October 22nd. National Bank Financial analyst C. Doerksen anticipates that the company will post earnings per share of $1.62 for the quarter. National Bank Financial currently has a “Hold” rating on the stock. The consensus estimate for TFI International’s current full-year earnings is $6.64 per share. National Bank Financial also issued estimates for TFI International’s FY2025 earnings at $7.67 EPS.

TFI International (NYSE:TFII) last released its quarterly earnings data on Monday, October 21st. The company reported $1.60 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.79 by ($0.19). TFI International had a net margin of 5.67% and a return on equity of 20.25%. The company had revenue of $2.18 billion for the quarter, compared to the consensus estimate of $2.28 billion. During the same quarter in the previous year, the business earned $1.57 EPS.

Other research analysts have also issued research reports about the company. TD Cowen cut their price objective on TFI International from $180.00 to $171.00 and set a “buy” rating for the company in a research report on Wednesday. TD Securities cut their price target on TFI International from $180.00 to $171.00 and set a “buy” rating for the company in a report on Wednesday. Desjardins reduced their price objective on TFI International from $209.00 to $204.00 and set a “hold” rating on the stock in a research note on Wednesday. Stephens reiterated an “equal weight” rating and set a $149.00 target price (down from $176.00) on shares of TFI International in a research report on Tuesday, October 1st. Finally, Stifel Nicolaus lowered shares of TFI International from a “buy” rating to a “hold” rating and cut their target price for the company from $158.00 to $142.00 in a report on Wednesday. Seven equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat.com, TFI International presently has an average rating of “Moderate Buy” and an average target price of $167.81.

TFI International Stock Performance

Shares of NYSE TFII opened at $133.82 on Friday. The company has a market cap of $11.32 billion, a P/E ratio of 23.77, a P/E/G ratio of 1.50 and a beta of 1.55. TFI International has a 52-week low of $106.84 and a 52-week high of $162.13. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.92 and a current ratio of 0.98. The firm’s fifty day moving average is $141.84 and its two-hundred day moving average is $142.51.

TFI International Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be given a $0.45 dividend. This is a positive change from TFI International’s previous quarterly dividend of $0.40. This represents a $1.80 dividend on an annualized basis and a yield of 1.35%. The ex-dividend date is Tuesday, December 31st. TFI International’s dividend payout ratio is 31.97%.

Institutional Trading of TFI International

Several institutional investors have recently added to or reduced their stakes in TFII. iA Global Asset Management Inc. bought a new stake in shares of TFI International during the second quarter worth $240,000. Industrial Alliance Investment Management Inc. boosted its position in TFI International by 3.2% in the 1st quarter. Industrial Alliance Investment Management Inc. now owns 2,590 shares of the company’s stock valued at $413,000 after buying an additional 80 shares during the period. Hillsdale Investment Management Inc. grew its stake in TFI International by 1,200.0% in the 1st quarter. Hillsdale Investment Management Inc. now owns 4,550 shares of the company’s stock worth $726,000 after acquiring an additional 4,200 shares in the last quarter. Summit Global Investments increased its position in shares of TFI International by 83.7% during the second quarter. Summit Global Investments now owns 6,610 shares of the company’s stock worth $959,000 after acquiring an additional 3,012 shares during the period. Finally, Van ECK Associates Corp raised its stake in shares of TFI International by 6.9% during the first quarter. Van ECK Associates Corp now owns 11,502 shares of the company’s stock valued at $1,835,000 after acquiring an additional 743 shares in the last quarter. Institutional investors own 73.30% of the company’s stock.

About TFI International

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.