TFI International (NYSE:TFII) Issues Earnings Results

TFI International (NYSE:TFII) posted its quarterly earnings results on Wednesday. The company reported $1.19 earnings per share for the quarter, missing the consensus estimate of $1.59 by ($0.40), Zacks reports. TFI International had a net margin of 5.67% and a return on equity of 20.25%.

TFI International Price Performance

TFII traded down $0.02 during midday trading on Wednesday, hitting $127.59. 336,558 shares of the company traded hands, compared to its average volume of 222,019. The business has a 50 day simple moving average of $136.28 and a two-hundred day simple moving average of $140.99. TFI International has a 52-week low of $124.36 and a 52-week high of $162.13. The company has a market capitalization of $10.74 billion, a price-to-earnings ratio of 23.20, a PEG ratio of 1.41 and a beta of 1.57. The company has a current ratio of 0.98, a quick ratio of 0.96 and a debt-to-equity ratio of 0.84.

Wall Street Analyst Weigh In

A number of brokerages recently commented on TFII. Stifel Nicolaus upped their target price on TFI International from $139.00 to $147.00 and gave the company a “hold” rating in a research report on Thursday, January 30th. 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. National Bankshares reduced their price objective on TFI International from $209.00 to $198.00 and set a “sector perform” rating for the company in a research note on Wednesday, October 23rd. Desjardins upgraded TFI International from a “hold” rating to a “buy” rating in a research note on Monday, December 9th. Finally, Bank of America reduced their price target on TFI International from $152.00 to $143.00 and set a “neutral” rating for the company in a research report on Tuesday, October 22nd. Five analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $170.85.

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.