TD Cowen Trims TFI International (NYSE:TFII) Target Price to $176.00

TFI International (NYSE:TFII) had its price target trimmed by TD Cowen from $178.00 to $176.00 in a research note issued to investors on Monday, Benzinga reports. The brokerage currently has a buy rating on the stock.

TFII has been the subject of a number of other reports. Stifel Nicolaus upped their price objective on TFI International from $148.00 to $149.00 and gave the stock a buy rating in a research note on Wednesday, January 10th. CIBC increased their price target on TFI International from $167.00 to $175.00 and gave the stock an outperformer rating in a research note on Tuesday, April 2nd. Royal Bank of Canada decreased their price target on TFI International from $173.00 to $162.00 and set an outperform rating for the company in a research note on Monday. Morgan Stanley increased their price target on TFI International from $169.00 to $176.00 and gave the stock an overweight rating in a research note on Monday, February 12th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on TFI International in a research note on Monday, January 29th. They issued a buy rating and a $175.00 price target for the company. Three equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. According to MarketBeat, TFI International presently has an average rating of Moderate Buy and a consensus target price of $160.78.

TFI International Stock Performance

Shares of TFII opened at $129.79 on Monday. The business’s 50 day moving average is $151.29 and its two-hundred day moving average is $134.32. TFI International has a 52-week low of $102.94 and a 52-week high of $162.13. The firm has a market cap of $10.98 billion, a price-to-earnings ratio of 23.05, a PEG ratio of 1.41 and a beta of 1.52. The company has a quick ratio of 1.64, a current ratio of 1.66 and a debt-to-equity ratio of 0.86.

TFI International (NYSE:TFII) last issued its quarterly earnings results on Thursday, April 25th. The company reported $1.24 earnings per share for the quarter, missing analysts’ consensus estimates of $1.39 by ($0.15). TFI International had a net margin of 6.44% and a return on equity of 20.39%. The firm had revenue of $1.87 billion during the quarter, compared to the consensus estimate of $1.89 billion. Analysts forecast that TFI International will post 7.41 EPS for the current fiscal year.

TFI International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Thursday, March 28th were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.23%. The ex-dividend date was Wednesday, March 27th. TFI International’s payout ratio is presently 28.42%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of TFII. Cary Street Partners Investment Advisory LLC acquired a new stake in TFI International in the third quarter valued at $27,000. UMB Bank n.a. acquired a new stake in TFI International in the first quarter valued at $136,000. SG Americas Securities LLC acquired a new stake in TFI International in the third quarter valued at $257,000. Clearbridge Investments LLC acquired a new stake in TFI International in the fourth quarter valued at $287,000. Finally, Campbell & CO Investment Adviser LLC increased its holdings in TFI International by 67.0% in the fourth quarter. Campbell & CO Investment Adviser LLC now owns 3,842 shares of the company’s stock valued at $522,000 after purchasing an additional 1,542 shares during the period. 73.30% of the stock is currently owned by institutional investors.

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.