TD Cowen Has Lowered Expectations for TFI International (NYSE:TFII) Stock Price

TFI International (NYSE:TFII) had its price target reduced by TD Cowen from $135.00 to $128.00 in a report published on Friday, MarketBeat.com reports. TD Cowen currently has a buy rating on the stock.

A number of other research analysts have also recently weighed in on the stock. Royal Bank of Canada reduced their price target 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. CIBC decreased their price target on shares of TFI International from $160.00 to $141.00 and set an “outperformer” rating for the company in a research report on Friday, February 21st. Citigroup cut their price objective on TFI International from $162.00 to $130.00 and set a “buy” rating on the stock in a research report on Tuesday, February 25th. Veritas raised TFI International from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 18th. Finally, Stephens dropped their target price on TFI International from $138.00 to $110.00 and set an “equal weight” rating on the stock in a report on Tuesday, February 25th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, TFI International currently has an average rating of “Moderate Buy” and a consensus price target of $145.86.

TFI International Trading Down 6.1 %

TFII stock opened at $77.00 on Friday. The company has a quick ratio of 0.96, a current ratio of 1.03 and a debt-to-equity ratio of 0.86. The company has a market cap of $6.48 billion, a price-to-earnings ratio of 15.40, a PEG ratio of 1.11 and a beta of 1.62. The business has a fifty day simple moving average of $106.98 and a 200-day simple moving average of $129.36. TFI International has a 52 week low of $76.86 and a 52 week high of $162.13.

TFI International (NYSE:TFII) last announced its quarterly earnings results on Wednesday, February 19th. The company reported $1.19 EPS for the quarter, missing the consensus estimate of $1.59 by ($0.40). The firm had revenue of $2.08 billion for the quarter, compared to analyst estimates of $1.54 billion. TFI International had a return on equity of 18.40% and a net margin of 5.08%. On average, equities research analysts expect that TFI International will post 7.76 EPS for the current year.

TFI International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.34%. The ex-dividend date of this dividend is Monday, March 31st. TFI International’s payout ratio is currently 36.00%.

Institutional Trading of TFI International

Institutional investors have recently added to or reduced their stakes in the stock. Brown Brothers Harriman & Co. increased its position in shares of TFI International by 124.8% in 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 last quarter. CIBC Private Wealth Group LLC lifted its position in shares of TFI International by 40.5% during the fourth quarter. CIBC Private Wealth Group LLC now owns 555 shares of the company’s stock worth $74,000 after purchasing an additional 160 shares during the last quarter. Entropy Technologies LP grew its stake in TFI International by 97.8% in the fourth quarter. Entropy Technologies LP now owns 9,295 shares of the company’s stock worth $1,256,000 after purchasing an additional 4,595 shares in the last quarter. Legato Capital Management LLC increased its holdings in TFI International by 8.9% in the fourth quarter. Legato Capital Management LLC now owns 10,468 shares of the company’s stock valued at $1,414,000 after buying an additional 859 shares during the last quarter. Finally, Canoe Financial LP acquired a new stake in TFI International during the fourth quarter valued at approximately $1,853,000. 73.30% of the stock is owned by institutional investors and hedge funds.

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.