TFI International (NYSE:TFII) Price Target Lowered to $105.00 at Stifel Nicolaus

TFI International (NYSE:TFII) had its price objective lowered by analysts at Stifel Nicolaus from $120.00 to $105.00 in a research report issued to clients and investors on Monday,Benzinga reports. The brokerage currently has a “hold” rating on the stock. Stifel Nicolaus’ target price points to a potential upside of 29.97% from the stock’s current price.

Other equities research analysts have also recently issued research reports about the stock. TD Cowen cut their price objective on shares of TFI International from $135.00 to $128.00 and set a “buy” rating for the company in a research note on Friday, March 28th. National Bank Financial upgraded TFI International from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 3rd. Veritas upgraded TFI International from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 18th. CIBC lowered their price objective on TFI International from $160.00 to $141.00 and set an “outperformer” rating for the company in a research report on Friday, February 21st. Finally, The Goldman Sachs Group cut their target price on shares of TFI International from $176.00 to $150.00 and set a “buy” rating on the stock in a report on Friday, February 21st. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, eight have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $140.14.

TFI International Stock Down 0.7 %

NYSE:TFII traded down $0.59 during trading hours on Monday, hitting $80.79. 65,538 shares of the company traded hands, compared to its average volume of 318,415. TFI International has a one year low of $72.02 and a one year high of $159.11. The company has a quick ratio of 0.96, a current ratio of 1.03 and a debt-to-equity ratio of 0.86. The firm’s 50-day simple moving average is $93.44 and its 200-day simple moving average is $123.84. The company has a market cap of $6.78 billion, a PE ratio of 16.16, a PEG ratio of 1.11 and a beta of 1.57.

TFI International (NYSE:TFII) last posted its earnings results on Wednesday, February 19th. The company reported $1.19 earnings per share for the quarter, missing the consensus estimate of $1.59 by ($0.40). The business had revenue of $2.08 billion during the quarter, compared to analysts’ expectations of $1.54 billion. TFI International had a return on equity of 18.40% and a net margin of 5.08%. Equities analysts predict that TFI International will post 7.76 earnings per share for the current year.

Institutional Trading of TFI International

A number of hedge funds have recently bought and sold shares of the company. Baillie Gifford & Co. purchased a new stake in shares of TFI International during the 4th quarter valued at about $148,623,000. Geode Capital Management LLC raised its stake in shares of TFI International by 31.5% in the fourth quarter. Geode Capital Management LLC now owns 469,263 shares of the company’s stock worth $64,345,000 after buying an additional 112,455 shares during the period. CDAM UK Ltd lifted its position in shares of TFI International by 2.5% during the 4th quarter. CDAM UK Ltd now owns 381,102 shares of the company’s stock valued at $51,483,000 after buying an additional 9,200 shares in the last quarter. QV Investors Inc. grew its stake in shares of TFI International by 60.6% during the 1st quarter. QV Investors Inc. now owns 350,096 shares of the company’s stock valued at $27,103,000 after acquiring an additional 132,166 shares during the period. Finally, Amundi raised its stake in TFI International by 2.4% during the 4th quarter. Amundi now owns 181,202 shares of the company’s stock worth $24,134,000 after acquiring an additional 4,266 shares during the period. Hedge funds and other 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.