TFI International (TSE:TFII) Sets New 52-Week High – Time to Buy?

Shares of TFI International Inc. (TSE:TFII) reached a new 52-week high during trading on Thursday . The stock traded as high as C$213.12 and last traded at C$209.73, with a volume of 208008 shares traded. The stock had previously closed at C$208.28.

Analyst Ratings Changes

Several research firms have recently commented on TFII. National Bank Financial boosted their target price on shares of TFI International from C$190.00 to C$208.00 and gave the stock an “outperform” rating in a report on Tuesday, April 28th. Citigroup boosted their target price on shares of TFI International from C$143.00 to C$144.00 and gave the stock a “buy” rating in a report on Tuesday, April 7th. Scotiabank boosted their target price on shares of TFI International from C$170.00 to C$200.00 in a report on Tuesday, April 28th. Finally, Desjardins boosted their target price on shares of TFI International from C$183.00 to C$221.00 and gave the stock a “buy” rating in a report on Tuesday, April 28th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of C$177.20.

TFI International Price Performance

The firm’s 50-day moving average is C$175.09 and its two-hundred day moving average is C$155.92. The company has a market cap of C$17.24 billion, a P/E ratio of 58.42, a PEG ratio of 1.01 and a beta of 1.49. The company has a debt-to-equity ratio of 119.57, a current ratio of 1.07 and a quick ratio of 1.18.

TFI International (TSE:TFII) last announced its quarterly earnings results on Monday, April 27th. The company reported C$0.96 earnings per share for the quarter. TFI International had a net margin of 3.79% and a return on equity of 11.18%. The company had revenue of C$2.71 billion for the quarter. Analysts anticipate that TFI International Inc. will post 12.2345048 earnings per share for the current year.

TFI International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Wednesday, April 15th were given a $0.47 dividend. This represents a $1.88 annualized dividend and a yield of 0.9%. The ex-dividend date was Tuesday, March 31st. TFI International’s payout ratio is currently 51.25%.

Insider Buying and Selling

In other TFI International news, Director Diane Giard purchased 2,000 shares of TFI International stock in a transaction that occurred on Wednesday, May 13th. The shares were bought at an average price of C$183.86 per share, for a total transaction of C$367,720.00. Following the completion of the transaction, the director owned 13,593 shares of the company’s stock, valued at approximately C$2,499,208.98. This trade represents a 17.25% increase in their position. Also, Director Alain Bédard sold 11,700 shares of the business’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of C$197.31, for a total transaction of C$2,308,527.00. Following the completion of the sale, the director owned 213,509 shares in the company, valued at C$42,127,460.79. This represents a 5.20% decrease in their position. 5.97% of the stock is currently owned by company insiders.

TFI International Company Profile

TFI International Inc is a North American leader in the transportation and logistics industry, operating across the United States,Canada and Mexico through its subsidiaries. TFI International creates value for shareholders by identifying strategic acquisitions and managing a growing network of wholly-owned operating subsidiaries. Under the TFI International umbrella, companies benefit from financial and operational resources to build their businesses and increase their efficiency. TFI International companies service the following segments: Less-Than-Truckload; Truckload; Logistics.