Stephens Lowers TFI International (NYSE:TFII) Price Target to $110.00

TFI International (NYSE:TFII - Get Free Report) had its target price dropped by equities research analysts at Stephens from $138.00 to $110.00 in a report issued on Tuesday,BayStreet.CA reports. The brokerage currently has an "equal weight" rating on the stock. Stephens' target price indicates a potential upside of 21.35% from the company's current price.

Several other brokerages have also commented on TFII. Bank of America lowered shares of TFI International from a "neutral" rating to an "underperform" rating in a research report on Thursday, February 20th. Veritas cut TFI International from a "strong-buy" rating to a "hold" rating in a report on Friday, February 21st. Desjardins upgraded shares of TFI International from a "hold" rating to a "buy" rating in a research note on Monday, December 9th. Royal Bank of Canada dropped their price target on TFI International from $156.00 to $127.00 and set an "outperform" rating for the company in a research report on Friday, February 21st. Finally, UBS Group downgraded shares of TFI International from a "buy" rating to a "neutral" rating and dropped their price objective for the stock from $163.00 to $107.00 in a report on Friday, February 21st. One analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have issued a buy rating to the company's stock. According to data from MarketBeat, TFI International currently has an average rating of "Hold" and an average target price of $151.43.

TFI International Stock Up 1.6 %

NYSE TFII traded up $1.46 during trading hours on Tuesday, hitting $90.65. The company's stock had a trading volume of 520,726 shares, compared to its average volume of 354,524. TFI International has a 52 week low of $88.76 and a 52 week high of $162.13. The company has a current ratio of 1.03, a quick ratio of 0.96 and a debt-to-equity ratio of 0.86. The company's 50-day simple moving average is $128.11 and its two-hundred day simple moving average is $138.37. The company has a market capitalization of $7.63 billion, a PE ratio of 18.13, a price-to-earnings-growth ratio of 1.11 and a beta of 1.57.

TFI International (NYSE:TFII - Get Free Report) last announced its earnings results on Wednesday, February 19th. The company reported $1.19 EPS for the quarter, missing the consensus estimate of $1.59 by ($0.40). TFI International had a net margin of 5.08% and a return on equity of 18.40%. The firm had revenue of $2.08 billion during the quarter, compared to analysts' expectations of $1.54 billion. Research analysts anticipate that TFI International will post 7.76 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Baillie Gifford & Co. bought a new stake in shares of TFI International during the 4th quarter valued at about $148,623,000. Geode Capital Management LLC increased its position in shares of TFI International by 31.5% during the fourth quarter. Geode Capital Management LLC now owns 469,263 shares of the company's stock valued at $64,345,000 after acquiring an additional 112,455 shares in the last quarter. CDAM UK Ltd increased its holdings in shares of TFI International by 2.5% in the 4th quarter. CDAM UK Ltd now owns 381,102 shares of the company's stock worth $51,483,000 after purchasing an additional 9,200 shares in the last quarter. Amundi raised its position in TFI International by 2.4% in the 4th quarter. Amundi now owns 181,202 shares of the company's stock worth $24,134,000 after buying an additional 4,266 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in shares of TFI International by 6.4% during the fourth quarter. Bank of New York Mellon Corp now owns 78,621 shares of the company's stock valued at $10,621,000 after purchasing an additional 4,763 shares during the last quarter. Institutional investors own 73.30% of the company's stock.

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.