TFI International Inc. (NYSE:TFII) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of TFI International Inc. (NYSE:TFII) have been given an average rating of “Moderate Buy” by the seventeen analysts that are covering the company, Marketbeat reports. Six research analysts have rated the stock with a hold recommendation and eleven have given a buy recommendation to the company. The average 1 year price target among brokers that have covered the stock in the last year is $169.19.

TFII has been the subject of a number of analyst reports. Bank of America decreased their price target on TFI International from $152.00 to $143.00 and set a “neutral” rating for the company in a report on Tuesday, October 22nd. Royal Bank of Canada lowered their price target on shares of TFI International from $167.00 to $160.00 and set an “outperform” rating on the stock in a report on Wednesday, October 23rd. JPMorgan Chase & Co. dropped their price target on shares of TFI International from $181.00 to $178.00 and set a “buy” rating on the stock in a research report on Wednesday, October 23rd. Susquehanna decreased their price objective on shares of TFI International from $180.00 to $170.00 and set a “positive” rating for the company in a research report on Wednesday, October 23rd. Finally, Stifel Nicolaus lowered shares of TFI International from a “buy” rating to a “hold” rating and lowered their target price for the stock from $158.00 to $142.00 in a research note on Wednesday, October 23rd.

TFI International Trading Up 1.9 %

Shares of TFI International stock opened at $141.35 on Thursday. The stock has a market cap of $11.96 billion, a PE ratio of 25.70, a price-to-earnings-growth ratio of 1.97 and a beta of 1.56. The firm has a fifty day moving average price of $144.22 and a 200 day moving average price of $144.68. TFI International has a 1 year low of $126.00 and a 1 year high of $162.13. The company has a debt-to-equity ratio of 0.84, a current ratio of 0.98 and a quick ratio of 0.96.

TFI International (NYSE:TFII) last released its quarterly earnings data on Monday, October 21st. The company reported $1.60 earnings per share for the quarter, missing analysts’ consensus estimates of $1.79 by ($0.19). TFI International had a net margin of 5.67% and a return on equity of 20.25%. The company had revenue of $2.18 billion for the quarter, compared to analysts’ expectations of $2.28 billion. During the same quarter in the previous year, the business posted $1.57 EPS. Equities research analysts predict that TFI International will post 6.26 earnings per share for the current year.

TFI International Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be paid a $0.45 dividend. This is an increase from TFI International’s previous quarterly dividend of $0.40. This represents a $1.80 annualized dividend and a dividend yield of 1.27%. The ex-dividend date of this dividend is Tuesday, December 31st. TFI International’s dividend payout ratio (DPR) is currently 32.73%.

Institutional Trading of TFI International

A number of hedge funds have recently bought and sold shares of TFII. Plato Investment Management Ltd acquired a new position in shares of TFI International during the 3rd quarter worth approximately $134,000. iA Global Asset Management Inc. purchased a new stake in TFI International in the 2nd quarter valued at $240,000. Entropy Technologies LP acquired a new stake in shares of TFI International in the 3rd quarter worth $643,000. Public Employees Retirement System of Ohio purchased a new position in shares of TFI International during the 3rd quarter worth $2,373,000. Finally, NewGen Asset Management Ltd raised its holdings in shares of TFI International by 5.3% during the 2nd quarter. NewGen Asset Management Ltd now owns 20,000 shares of the company’s stock worth $2,903,000 after acquiring an additional 1,000 shares during the period. Institutional investors and hedge funds 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.