Stifel Nicolaus Lowers TFI International (NYSE:TFII) Price Target to $158.00

TFI International (NYSE:TFII - Free Report) had its price target decreased by Stifel Nicolaus from $162.00 to $158.00 in a research report released on Monday, Benzinga reports. Stifel Nicolaus currently has a buy rating on the stock.

A number of other brokerages have also commented on TFII. TD Cowen increased their price objective on TFI International from $176.00 to $184.00 and gave the company a "buy" rating in a research report on Monday, July 29th. Royal Bank of Canada boosted their price objective on TFI International from $162.00 to $171.00 and gave the stock an "outperform" rating in a report on Monday, July 29th. Citigroup initiated coverage on shares of TFI International in a research note on Wednesday, October 9th. They issued a "buy" rating and a $159.00 target price on the stock. CIBC dropped their price target on shares of TFI International from $179.00 to $174.00 and set an "outperform" rating for the company in a research note on Tuesday, October 1st. Finally, Bank of America raised their price objective on shares of TFI International from $148.00 to $165.00 and gave the company a "neutral" rating in a research note on Monday, July 22nd. Six investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $167.88.

TFI International Price Performance

TFI International stock traded down $3.01 on Monday, reaching $134.70. The company's stock had a trading volume of 558,458 shares, compared to its average volume of 261,070. The business's fifty day moving average price is $143.04 and its 200 day moving average price is $143.29. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.92 and a current ratio of 0.94. The company has a market cap of $11.40 billion, a price-to-earnings ratio of 24.12, a PEG ratio of 1.51 and a beta of 1.55. TFI International has a twelve month low of $104.91 and a twelve month high of $162.13.

TFI International (NYSE:TFII - Get Free Report) last issued its quarterly earnings data on Thursday, July 25th. The company reported $1.71 EPS for the quarter, topping analysts' consensus estimates of $1.61 by $0.10. TFI International had a net margin of 5.93% and a return on equity of 20.48%. The firm 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 firm earned $1.59 EPS. The company's revenue was up 26.4% on a year-over-year basis. Equities analysts expect that TFI International will post 6.68 earnings per share for the current fiscal year.

TFI International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 1.19%. The ex-dividend date of this dividend was Monday, September 30th. TFI International's dividend payout ratio is 28.42%.

Hedge Funds Weigh In On TFI International

Several large investors have recently bought and sold shares of TFII. Industrial Alliance Investment Management Inc. raised its holdings in 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 purchasing an additional 80 shares during the last quarter. Van ECK Associates Corp lifted its position 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. NewGen Asset Management Ltd boosted its stake in shares of TFI International by 5.3% in the 2nd quarter. NewGen Asset Management Ltd now owns 20,000 shares of the company's stock worth $2,903,000 after buying an additional 1,000 shares during the last quarter. Steamboat Capital Partners LLC boosted its stake in shares of TFI International by 1.6% in the 1st quarter. Steamboat Capital Partners LLC now owns 70,293 shares of the company's stock worth $11,214,000 after buying an additional 1,086 shares during the last quarter. Finally, iA Global Asset Management Inc. bought a new position in shares of TFI International in the second quarter valued at approximately $240,000. 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.