Equities Analysts Set Expectations for TFII FY2025 Earnings

TFI International Inc. (NYSE:TFII - Free Report) - Investment analysts at Desjardins lowered their FY2025 earnings estimates for shares of TFI International in a note issued to investors on Tuesday, October 22nd. Desjardins analyst B. Poirier now forecasts that the company will post earnings per share of $7.58 for the year, down from their previous estimate of $8.27. Desjardins currently has a "Hold" rating and a $204.00 target price on the stock. The consensus estimate for TFI International's current full-year earnings is $6.64 per share.

TFII has been the subject of several other research reports. The Goldman Sachs Group reduced 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. TD Securities cut their target price on shares of TFI International from $180.00 to $171.00 and set a "buy" rating for the company in a research report on Wednesday. Cormark upgraded shares of TFI International from a "hold" rating to a "moderate buy" rating in a research report on Monday, July 15th. Stephens restated an "equal weight" rating and set a $149.00 target price (down previously from $176.00) on shares of TFI International in a research report on Tuesday, October 1st. Finally, Citigroup cut their target price on shares of TFI International from $159.00 to $158.00 and set a "buy" rating for the company in a research report on Wednesday. Seven equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat.com, TFI International presently has an average rating of "Moderate Buy" and an average target price of $167.94.

TFI International Price Performance

Shares of NYSE TFII traded down $1.13 during midday trading on Friday, hitting $133.83. The company had a trading volume of 163,158 shares, compared to its average volume of 264,597. The company has a quick ratio of 0.92, a current ratio of 0.98 and a debt-to-equity ratio of 0.84. TFI International has a twelve month low of $106.84 and a twelve month high of $162.13. The business has a 50-day simple moving average of $142.09 and a two-hundred day simple moving average of $142.83. The firm has a market capitalization of $11.32 billion, a price-to-earnings ratio of 23.97, a price-to-earnings-growth ratio of 1.50 and a beta of 1.55.

TFI International (NYSE:TFII - Get Free Report) last announced its quarterly earnings data on Monday, October 21st. The company reported $1.60 EPS for the quarter, missing the consensus estimate 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 during the quarter, compared to analyst estimates of $2.28 billion. During the same quarter last year, the business earned $1.57 EPS.

Institutional Investors Weigh In On TFI International

A number of institutional investors have recently bought and sold shares of TFII. Vaughan Nelson Investment Management L.P. purchased a new stake in TFI International in the first quarter valued at approximately $42,583,000. Sumitomo Mitsui Trust Holdings Inc. lifted its position in TFI International by 1.7% during the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 174,215 shares of the company's stock valued at $27,798,000 after buying an additional 2,914 shares in the last quarter. Van ECK Associates Corp lifted its position in TFI International by 6.9% during the first quarter. Van ECK Associates Corp now owns 11,502 shares of the company's stock valued at $1,835,000 after buying an additional 743 shares in the last quarter. Mediolanum International Funds Ltd acquired a new position in TFI International during the first quarter valued at approximately $10,118,000. Finally, Steamboat Capital Partners LLC lifted its position in TFI International by 1.6% during the first quarter. Steamboat Capital Partners LLC now owns 70,293 shares of the company's stock valued at $11,214,000 after buying an additional 1,086 shares in the last quarter. 73.30% of the stock is currently owned by hedge funds and other institutional investors.

TFI International Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 1.34%. This is an increase from TFI International's previous quarterly dividend of $0.40. The ex-dividend date of this dividend is Tuesday, December 31st. TFI International's payout ratio is presently 31.97%.

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.