Analysts Set TFI International Inc. (NYSE:TFII) Target Price at $167.81

TFI International Inc. (NYSE:TFII - Get Free Report) has been assigned an average rating of "Moderate Buy" from the eighteen analysts that are covering the firm, MarketBeat Ratings reports. Seven analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $167.81.

TFII has been the topic of a number of recent research reports. Royal Bank of Canada reduced their target price 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. Susquehanna decreased their price target on shares of TFI International from $180.00 to $170.00 and set a "positive" rating for the company in a research report on Wednesday, October 23rd. Bank of America dropped their price target on shares of TFI International from $152.00 to $143.00 and set a "neutral" rating on the stock in a research note on Tuesday, October 22nd. Cormark upgraded shares of TFI International from a "hold" rating to a "moderate buy" rating in a research note on Monday, July 15th. Finally, National Bankshares dropped their price target on TFI International from $209.00 to $198.00 and set a "sector perform" rating on the stock in a research report on Wednesday, October 23rd.

TFI International Stock Down 0.7 %

Shares of TFI International stock traded down $0.97 on Wednesday, reaching $134.48. 229,359 shares of the company were exchanged, compared to its average volume of 263,205. TFI International has a 1-year low of $108.99 and a 1-year high of $162.13. The company has a market cap of $11.38 billion, a P/E ratio of 23.89, a price-to-earnings-growth ratio of 1.80 and a beta of 1.55. The company has a debt-to-equity ratio of 0.84, a current ratio of 0.98 and a quick ratio of 0.96. The stock's 50 day moving average price is $141.12 and its 200-day moving average price is $142.04.

TFI International (NYSE:TFII - Get Free Report) last released its quarterly earnings results 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 return on equity of 20.25% and a net margin of 5.67%. The company had revenue of $2.18 billion for the quarter, compared to analysts' expectations of $2.28 billion. During the same quarter last year, the company earned $1.57 EPS. As a group, equities analysts forecast that TFI International will post 6.33 EPS for the current year.

TFI International Increases Dividend

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

Institutional Investors Weigh In On TFI International

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TFII. iA Global Asset Management Inc. bought a new stake in TFI International during the second quarter valued at approximately $240,000. Industrial Alliance Investment Management Inc. grew its holdings in shares of TFI International by 3.2% during the 1st quarter. Industrial Alliance Investment Management Inc. now owns 2,590 shares of the company's stock worth $413,000 after acquiring an additional 80 shares during the period. Hillsdale Investment Management Inc. lifted its position in TFI International by 1,200.0% during the 1st quarter. Hillsdale Investment Management Inc. now owns 4,550 shares of the company's stock valued at $726,000 after acquiring an additional 4,200 shares during the period. Summit Global Investments grew its stake in shares of TFI International by 83.7% in the 2nd quarter. Summit Global Investments now owns 6,610 shares of the company's stock worth $959,000 after buying an additional 3,012 shares during the last quarter. Finally, Van ECK Associates Corp raised its position in shares of TFI International by 6.9% in the 1st quarter. Van ECK Associates Corp now owns 11,502 shares of the company's stock worth $1,835,000 after purchasing an additional 743 shares during the last quarter. 73.30% of the stock is currently owned by institutional investors.

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.