TFI International (NYSE:TFII) Stock Gets Downgrade from Wall Street Zen

TFI International (NYSE:TFII) was downgraded by research analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a research note issued to investors on Saturday, Wall Street Zen reports.

Several other analysts also recently commented on TFII. The Goldman Sachs Group increased their target price on shares of TFI International from $145.00 to $168.00 and gave the company a “buy” rating in a report on Tuesday, June 23rd. National Bank Financial cut their price target on shares of TFI International from $161.00 to $148.00 and set an “outperform” rating on the stock in a report on Tuesday, October 6th. TD upped their price objective on shares of TFI International from $153.00 to $154.00 and gave the stock a “buy” rating in a research report on Wednesday, July 8th. Weiss Ratings reiterated a “hold (c)” rating on shares of TFI International in a research note on Monday, September 21st. Finally, Scotia increased their price objective on shares of TFI International from $260.00 to $263.00 and gave the company a “sector outperform” rating in a research note on Tuesday, July 28th. Fourteen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $167.94.

TFI International Price Performance

Shares of NYSE:TFII opened at $114.12 on Friday. The company has a current ratio of 1.09, a quick ratio of 1.08 and a debt-to-equity ratio of 0.83. The stock’s fifty day simple moving average is $131.14 and its two-hundred day simple moving average is $136.92. TFI International has a 1-year low of $80.63 and a 1-year high of $167.69. The stock has a market cap of $9.38 billion, a PE ratio of 28.04, a price-to-earnings-growth ratio of 0.71 and a beta of 1.63.

TFI International (NYSE:TFII) last posted its quarterly earnings data on Monday, July 27th. The company reported $1.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.59 by $0.26. The firm had revenue of $2.29 billion for the quarter, compared to the consensus estimate of $2.23 billion. TFI International had a net margin of 4.14% and a return on equity of 14.87%. TFI International has set its Q3 2026 guidance at 1.700-1.800 EPS. As a group, analysts forecast that TFI International will post 6.02 EPS for the current fiscal year.

Hedge Funds Weigh In On TFI International

Institutional investors have recently added to or reduced their stakes in the stock. Engineers Gate Manager LP purchased a new position in TFI International in the second quarter valued at approximately $3,813,000. Cidel Asset Management Inc. grew its holdings in TFI International by 2.1% during the second quarter. Cidel Asset Management Inc. now owns 49,098 shares of the company’s stock valued at $7,065,000 after purchasing an additional 1,020 shares during the period. Baird Financial Group Inc. bought a new position in TFI International during the second quarter valued at $20,261,000. Nykredit A S bought a new position in TFI International during the second quarter valued at $2,125,000. Finally, Amundi increased its position in TFI International by 2.6% in the second quarter. Amundi now owns 70,051 shares of the company’s stock worth $10,057,000 after buying an additional 1,798 shares during the last quarter. Institutional investors own 73.30% of the company’s stock.

TFI International Company Profile

TFI International Inc is a transportation and logistics company headquartered in Saint-Laurent, Quebec. Through its operating companies, TFI International provides freight transportation, logistics and related services across North America, with operations serving Canada, the United States and Mexico.

The company’s principal activities include less-than-truckload and truckload transportation, package and courier delivery, last-mile services, specialized transportation and logistics. Its specialized operations support industries and customers requiring services such as expedited delivery, freight brokerage, final-mile distribution, household moving and handling of specialized or regulated cargo.

TFI International traces its roots to 1957 and was previously known as TransForce Inc The company adopted the TFI International name in 2016 as part of a broader effort to reflect the scope of its transportation and logistics operations.