TFI International (TSE:TFII) Reaches New 1-Year Low – Time to Sell?

TFI International Inc. (TSE:TFII) shares reached a new 52-week low during trading on Friday . The stock traded as low as C$115.50 and last traded at C$115.98, with a volume of 6896 shares. The stock had previously closed at C$117.43.

Analyst Ratings Changes

Several equities research analysts have weighed in on TFII shares. Desjardins upgraded TFI International from a “hold” rating to a “buy” rating and upped their target price for the stock from C$204.00 to C$236.00 in a report on Monday, December 9th. National Bankshares lifted their price objective on TFI International from C$198.00 to C$223.00 in a report on Thursday, December 5th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, TFI International presently has a consensus rating of “Moderate Buy” and a consensus price target of C$207.43.

TFI International Trading Down 3.6 %

The company has a 50-day moving average price of C$155.05 and a 200 day moving average price of C$182.86. The stock has a market capitalization of C$6.75 billion, a P/E ratio of 14.35, a price-to-earnings-growth ratio of 1.01 and a beta of 1.37. The company has a current ratio of 0.98, a quick ratio of 1.18 and a debt-to-equity ratio of 115.17.

Insiders Place Their Bets

In related news, insider TFI International Inc. acquired 15,020 shares of the business’s stock in a transaction dated Friday, February 7th. The shares were purchased at an average price of C$185.48 per share, for a total transaction of C$2,785,967.73. Also, Director Sébastien Martel bought 2,000 shares of the stock in a transaction that occurred on Wednesday, March 12th. The stock was bought at an average price of C$118.95 per share, with a total value of C$237,890.00. Over the last ninety days, insiders bought 23,128 shares of company stock worth $3,798,476. 5.97% of the stock is owned by corporate insiders.

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.