TFI International Inc. (NYSE:TFII) Receives $158.39 Consensus Target Price from Analysts

TFI International Inc. (NYSE:TFII) has been assigned a consensus rating of “Moderate Buy” from the eighteen analysts that are presently covering the company, MarketBeat reports. Four investment analysts have rated the stock with a hold recommendation and fourteen have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $159.83.

Several brokerages recently issued reports on TFII. Stifel Nicolaus boosted their price target on TFI International from $148.00 to $149.00 and gave the company a “buy” rating in a research note on Wednesday, January 10th. CIBC boosted their price target on TFI International from $167.00 to $175.00 and gave the company an “outperformer” rating in a research note on Tuesday, April 2nd. Deutsche Bank Aktiengesellschaft began coverage on TFI International in a research note on Monday, January 29th. They set a “buy” rating and a $175.00 price target on the stock. Bank of America upped their price objective on TFI International from $154.00 to $166.00 and gave the company a “neutral” rating in a research note on Monday. Finally, JPMorgan Chase & Co. lowered their price objective on TFI International from $133.00 to $132.00 and set an “overweight” rating on the stock in a research note on Thursday, December 21st.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. CDAM UK Ltd lifted its holdings in TFI International by 6.9% during the 4th quarter. CDAM UK Ltd now owns 381,912 shares of the company’s stock worth $51,932,000 after buying an additional 24,730 shares in the last quarter. Geode Capital Management LLC lifted its holdings in TFI International by 9.8% during the 2nd quarter. Geode Capital Management LLC now owns 277,978 shares of the company’s stock worth $31,698,000 after buying an additional 24,872 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. lifted its holdings in TFI International by 2.5% during the 4th quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 171,301 shares of the company’s stock worth $23,378,000 after buying an additional 4,113 shares in the last quarter. Amundi lifted its holdings in TFI International by 6.1% during the 4th quarter. Amundi now owns 161,222 shares of the company’s stock worth $17,286,000 after buying an additional 9,262 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in TFI International by 0.9% during the 3rd quarter. Bank of New York Mellon Corp now owns 132,859 shares of the company’s stock worth $12,022,000 after buying an additional 1,208 shares in the last quarter. Institutional investors and hedge funds own 73.30% of the company’s stock.

TFI International Price Performance

NYSE TFII opened at $155.50 on Friday. TFI International has a twelve month low of $100.96 and a twelve month 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 stock has a market capitalization of $13.15 billion, a PE ratio of 26.76, a P/E/G ratio of 4.18 and a beta of 1.52. The stock has a 50-day simple moving average of $151.48 and a 200 day simple moving average of $133.01.

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

TFI International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Thursday, March 28th were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.03%. The ex-dividend date was Wednesday, March 27th. TFI International’s dividend payout ratio is 27.54%.

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.