TFI International (TSE:TFII) Director Alain Bédard Sells 2,543 Shares of Stock

TFI International Inc. (TSE:TFII) Director Alain Bédard sold 2,543 shares of the firm’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of C$226.29, for a total value of C$575,455.47. Following the completion of the sale, the director owned 190,000 shares of the company’s stock, valued at approximately C$42,995,100. This represents a 1.32% decrease in their ownership of the stock.

Alain Bédard also recently made the following trade(s):

• On Friday, June 5th, Alain Bédard sold 8,834 shares of TFI International stock. The shares were sold at an average price of C$222.06, for a total value of C$1,961,678.04.
• On Friday, June 5th, Alain Bédard sold 7,466 shares of TFI International stock. The shares were sold at an average price of C$222.06, for a total value of C$1,657,899.96.
• On Friday, June 5th, Alain Bédard sold 5,550 shares of TFI International stock. The shares were sold at an average price of C$222.06, for a total value of C$1,232,433.00.
• On Tuesday, June 9th, Alain Bédard sold 5,000 shares of TFI International stock. The shares were sold at an average price of C$231.93, for a total value of C$1,159,650.00.
• On Tuesday, June 9th, Alain Bédard sold 10,000 shares of TFI International stock. The shares were sold at an average price of C$231.93, for a total value of C$2,319,300.00.
• On Thursday, May 28th, Alain Bédard sold 13,500 shares of TFI International stock. The shares were sold at an average price of C$206.50, for a total value of C$2,787,750.00.
• On Thursday, May 14th, Alain Bédard sold 11,700 shares of TFI International stock. The shares were sold at an average price of C$197.31, for a total value of C$2,308,527.00.

TFI International Stock Performance

Shares of TFII opened at C$222.46 on Wednesday. The company has a debt-to-equity ratio of 119.57, a current ratio of 1.07 and a quick ratio of 1.18. The stock has a 50-day moving average of C$189.10 and a 200-day moving average of C$162.26. The company has a market cap of C$18.28 billion, a PE ratio of 61.97, a P/E/G ratio of 1.01 and a beta of 1.75. TFI International Inc. has a one year low of C$113.72 and a one year high of C$233.85.

TFI International (TSE:TFII) last issued its earnings results on Monday, April 27th. The company reported C$0.96 EPS for the quarter. The company had revenue of C$2.71 billion during the quarter. TFI International had a return on equity of 11.18% and a net margin of 3.79%. On average, equities research analysts predict that TFI International Inc. will post 12.2345048 EPS for the current fiscal year.

TFI International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 15th were paid a $0.47 dividend. The ex-dividend date was Tuesday, March 31st. This represents a $1.88 annualized dividend and a dividend yield of 0.8%. TFI International’s dividend payout ratio (DPR) is currently 51.25%.

Wall Street Analyst Weigh In

Several analysts have recently commented on TFII shares. Desjardins raised their target price on TFI International from C$183.00 to C$221.00 and gave the company a “buy” rating in a research note on Tuesday, April 28th. Scotiabank raised their price target on shares of TFI International from C$170.00 to C$200.00 in a research report on Tuesday, April 28th. Citigroup raised their price target on shares of TFI International from C$143.00 to C$144.00 and gave the company a “buy” rating in a research report on Tuesday, April 7th. Finally, National Bank Financial raised their price target on shares of TFI International from C$190.00 to C$208.00 and gave the company an “outperform” rating in a research report on Tuesday, April 28th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of C$177.20.

About TFI International

TFI International Inc is a North American leader in the transportation and logistics industry, operating across the United States,Canada and Mexico through its subsidiaries. TFI International creates value for shareholders by identifying strategic acquisitions and managing a growing network of wholly-owned operating subsidiaries. Under the TFI International umbrella, companies benefit from financial and operational resources to build their businesses and increase their efficiency. TFI International companies service the following segments: Less-Than-Truckload; Truckload; Logistics.