TFI International (NYSE:TFII) Given New $181.00 Price Target at JPMorgan Chase & Co.

TFI International (NYSE:TFII - Free Report) had its price target decreased by JPMorgan Chase & Co. from $184.00 to $181.00 in a report published on Tuesday morning, BayStreet.CA reports. JPMorgan Chase & Co. currently has an overweight rating on the stock.

TFII has been the subject of a number of other research reports. TD Cowen lifted their price objective on shares of TFI International from $176.00 to $184.00 and gave the company a buy rating in a research report on Monday, July 29th. Stifel Nicolaus lifted their price target on TFI International from $151.00 to $162.00 and gave the stock a buy rating in a report on Wednesday, July 31st. CIBC cut their price objective on TFI International from $179.00 to $174.00 and set an outperform rating for the company in a research report on Tuesday, October 1st. Stephens reissued an equal weight rating and set a $149.00 target price (down from $176.00) on shares of TFI International in a report on Tuesday, October 1st. Finally, National Bank Financial downgraded TFI International from a strong-buy rating to a hold rating in a report on Friday, July 26th. Six analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of Moderate Buy and a consensus target price of $168.00.

TFI International Stock Up 2.0 %

TFII stock traded up $2.62 during midday trading on Tuesday, hitting $135.85. The company's stock had a trading volume of 237,055 shares, compared to its average volume of 261,492. The company's fifty day moving average price is $144.92 and its 200 day moving average price is $144.64. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.94 and a quick ratio of 0.92. TFI International has a twelve month low of $104.91 and a twelve month high of $162.13. The stock has a market capitalization of $11.49 billion, a P/E ratio of 24.13, a PEG ratio of 1.47 and a beta of 1.55.

TFI International (NYSE:TFII - Get Free Report) last released its earnings results on Thursday, July 25th. The company reported $1.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.61 by $0.10. TFI International had a return on equity of 20.48% and a net margin of 5.93%. The business had revenue of $2.26 billion for the quarter, compared to analyst estimates of $2.28 billion. During the same quarter in the prior year, the company posted $1.59 earnings per share. TFI International's revenue was up 26.4% on a year-over-year basis. As a group, equities research analysts predict that TFI International will post 6.75 EPS for the current year.

TFI International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 30th will be given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.18%. The ex-dividend date of this dividend is Monday, September 30th. TFI International's payout ratio is currently 28.42%.

Institutional Investors Weigh In On TFI International

A number of large investors have recently bought and sold shares of TFII. Argent Capital Management LLC lifted its holdings in shares of TFI International by 2.5% during the 4th quarter. Argent Capital Management LLC now owns 20,313 shares of the company's stock worth $2,762,000 after acquiring an additional 494 shares during the period. Vaughan Nelson Investment Management L.P. acquired a new stake in shares of TFI International in the 1st quarter valued at $42,583,000. Sumitomo Mitsui Trust Holdings Inc. boosted its holdings in shares of TFI International by 1.7% in the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 174,215 shares of the company's stock valued at $27,798,000 after purchasing an additional 2,914 shares in the last quarter. UMB Bank n.a. bought a new position in shares of TFI International in the 1st quarter valued at $136,000. Finally, Van ECK Associates Corp raised its holdings in shares of TFI International by 6.9% during the 1st quarter. Van ECK Associates Corp now owns 11,502 shares of the company's stock worth $1,835,000 after buying an additional 743 shares in the last quarter. 73.30% of the stock is currently 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.