TFI International Inc. (NYSE:TFII) Receives Average Recommendation of “Moderate Buy” from Analysts
Shares of TFI International Inc. (NYSE:TFII – Get Free Report) have received an average rating of “Moderate Buy” from the eighteen brokerages that are currently covering the stock, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $152.00.
Several analysts recently commented on TFII shares. Stephens cut their target price on shares of TFI International from $170.00 to $160.00 and set an “overweight” rating for the company in a research note on Wednesday, October 25th. CIBC reduced their price target on shares of TFI International from $159.00 to $147.00 and set an “outperform” rating for the company in a research report on Wednesday, October 25th. National Bankshares reduced their price target on shares of TFI International from $191.00 to $178.00 and set a “sector perform” rating for the company in a research report on Wednesday, October 25th. Susquehanna reduced their price target on shares of TFI International from $155.00 to $140.00 and set a “positive” rating for the company in a research report on Wednesday, October 25th. Finally, Scotiabank dropped their price objective on shares of TFI International from $182.00 to $170.00 and set a “sector perform” rating on the stock in a research note on Wednesday, October 25th.
Read Our Latest Stock Analysis on TFI International
TFI International Price Performance
NYSE TFII opened at $115.30 on Friday. The company has a 50-day moving average price of $116.84 and a two-hundred day moving average price of $119.70. The stock has a market cap of $9.77 billion, a price-to-earnings ratio of 19.15, a price-to-earnings-growth ratio of 2.75 and a beta of 1.50. TFI International has a 52 week low of $98.32 and a 52 week high of $138.16. The company has a current ratio of 1.23, a quick ratio of 1.20 and a debt-to-equity ratio of 0.60.
TFI International (NYSE:TFII – Get Free Report) last issued its quarterly earnings results on Monday, October 23rd. The company reported $1.57 earnings per share for the quarter, missing analysts’ consensus estimates of $1.73 by ($0.16). The company had revenue of $1.91 billion during the quarter, compared to analyst estimates of $1.88 billion. TFI International had a return on equity of 21.38% and a net margin of 7.02%. The company’s revenue was down 14.8% on a year-over-year basis. During the same period in the prior year, the company posted $2.01 earnings per share. Analysts forecast that TFI International will post 6.25 EPS for the current year.
TFI International Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, January 15th. Shareholders of record on Friday, December 29th will be issued a $0.40 dividend. The ex-dividend date is Thursday, December 28th. This is an increase from TFI International’s previous quarterly dividend of $0.35. This represents a $1.60 dividend on an annualized basis and a yield of 1.39%. TFI International’s dividend payout ratio is 23.26%.
Institutional Trading of TFI International
Hedge funds have recently bought and sold shares of the stock. Cary Street Partners Investment Advisory LLC bought a new position in shares of TFI International during the 3rd quarter worth about $27,000. EverSource Wealth Advisors LLC lifted its holdings in shares of TFI International by 1,481.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 348 shares of the company’s stock worth $40,000 after acquiring an additional 326 shares during the period. Pinebridge Investments L.P. bought a new position in shares of TFI International during the 2nd quarter worth about $54,000. SG Americas Securities LLC bought a new position in shares of TFI International during the 3rd quarter worth about $257,000. Finally, Ensign Peak Advisors Inc lifted its holdings in shares of TFI International by 94.1% during the 3rd quarter. Ensign Peak Advisors Inc now owns 3,300 shares of the company’s stock worth $315,000 after acquiring an additional 1,600 shares during the period. 60.32% of the stock is owned by institutional investors.
About TFI International (Get Free Report
TFI International Inc provides transportation and logistics services in the United States, Canada, and Mexico. 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.
Further Reading
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