TFI International (NYSE:TFII) Upgraded to Strong-Buy at National Bank Financial

TFI International (NYSE:TFII) was upgraded by investment analysts at National Bank Financial from a “hold” rating to a “strong-buy” rating in a note issued to investors on Thursday,Zacks.com reports.

Several other research firms have also weighed in on TFII. Veritas upgraded shares of TFI International from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 18th. Citigroup decreased their price target on shares of TFI International from $162.00 to $130.00 and set a “buy” rating for the company in a research note on Tuesday, February 25th. Royal Bank of Canada cut their price objective on shares of TFI International from $156.00 to $127.00 and set an “outperform” rating on the stock in a research report on Friday, February 21st. Stephens decreased their target price on TFI International from $138.00 to $110.00 and set an “equal weight” rating for the company in a research report on Tuesday, February 25th. Finally, The Goldman Sachs Group cut their price target on TFI International from $176.00 to $150.00 and set a “buy” rating on the stock in a report on Friday, February 21st. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, eight have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $143.71.

TFI International Trading Up 4.7 %

TFII opened at $79.40 on Thursday. TFI International has a twelve month low of $72.02 and a twelve month high of $162.13. The company has a fifty day moving average of $101.28 and a 200-day moving average of $127.28. The stock has a market cap of $6.68 billion, a PE ratio of 15.88, a price-to-earnings-growth ratio of 1.11 and a beta of 1.57. The company has a quick ratio of 0.96, a current ratio of 1.03 and a debt-to-equity ratio of 0.86.

TFI International (NYSE:TFII) last posted its quarterly earnings data 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). TFI International had a return on equity of 18.40% and a net margin of 5.08%. The business had revenue of $2.08 billion during the quarter, compared to the consensus estimate of $1.54 billion. On average, sell-side analysts predict that TFI International will post 7.76 EPS for the current year.

Institutional Investors Weigh In On TFI International

Several institutional investors and hedge funds have recently added to or reduced their stakes in TFII. BI Asset Management Fondsmaeglerselskab A S grew its holdings in shares of TFI International by 7.8% in the fourth quarter. BI Asset Management Fondsmaeglerselskab A S now owns 37,353 shares of the company’s stock valued at $5,046,000 after acquiring an additional 2,696 shares in the last quarter. CDAM UK Ltd grew its stake in TFI International by 2.5% in the 4th quarter. CDAM UK Ltd now owns 381,102 shares of the company’s stock valued at $51,483,000 after purchasing an additional 9,200 shares during the period. Geode Capital Management LLC grew its stake in TFI International by 31.5% in the 4th quarter. Geode Capital Management LLC now owns 469,263 shares of the company’s stock valued at $64,345,000 after purchasing an additional 112,455 shares during the period. CIBC Private Wealth Group LLC increased its position in shares of TFI International by 40.5% during the 4th quarter. CIBC Private Wealth Group LLC now owns 555 shares of the company’s stock valued at $74,000 after purchasing an additional 160 shares during the last quarter. Finally, Brown Brothers Harriman & Co. raised its stake in shares of TFI International by 124.8% during the 4th quarter. Brown Brothers Harriman & Co. now owns 236 shares of the company’s stock worth $32,000 after purchasing an additional 131 shares during the period. Hedge funds and other institutional investors own 73.30% of the company’s stock.

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.