TFI International (NYSE:TFII) Issues Earnings Results, Misses Estimates By $0.19 EPS

TFI International (NYSE:TFII) issued its quarterly earnings results on Monday. The company reported $1.60 EPS for the quarter, missing analysts’ consensus estimates of $1.79 by ($0.19), Zacks reports. The firm had revenue of $2.18 billion for the quarter, compared to analyst estimates of $2.28 billion. TFI International had a return on equity of 20.48% and a net margin of 5.93%. During the same period in the prior year, the firm posted $1.57 EPS.

TFI International Trading Down 2.0 %

Shares of TFII stock opened at $132.01 on Tuesday. TFI International has a 1-year low of $104.91 and a 1-year high of $162.13. The company has a market cap of $11.17 billion, a price-to-earnings ratio of 23.93, a PEG ratio of 1.51 and a beta of 1.55. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.94 and a quick ratio of 0.92. The stock has a 50 day simple moving average of $142.83 and a 200-day simple moving average of $143.12.

TFI International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.21%. The ex-dividend date of this dividend was Monday, September 30th. TFI International’s dividend payout ratio (DPR) is presently 28.42%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. Stifel Nicolaus reduced their price objective on TFI International from $162.00 to $158.00 and set a “buy” rating for the company in a research note on Monday. The Goldman Sachs Group decreased their price objective on shares of TFI International from $189.00 to $184.00 and set a “buy” rating for the company in a research note on Wednesday, October 9th. Royal Bank of Canada upped their price objective on shares of TFI International from $162.00 to $171.00 and gave the company an “outperform” rating in a report on Monday, July 29th. Stephens reissued an “equal weight” rating and set a $149.00 target price (down previously from $176.00) on shares of TFI International in a report on Tuesday, October 1st. Finally, CIBC lowered their price target on shares of TFI International from $179.00 to $174.00 and set an “outperform” rating on the stock in a report on Tuesday, October 1st. Six investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $167.88.

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.