TFI International (NYSE:TFII) Given New $105.00 Price Target at Stifel Nicolaus

TFI International (NYSE:TFII - Free Report) had its price objective cut by Stifel Nicolaus from $120.00 to $105.00 in a report published on Monday,Benzinga reports. They currently have a hold rating on the stock.

Several other analysts have also recently commented on TFII. National Bank Financial raised shares of TFI International from a "hold" rating to a "strong-buy" rating in a research note on Thursday, April 3rd. TD Cowen lowered their target price on TFI International from $135.00 to $128.00 and set a "buy" rating for the company in a research note on Friday, March 28th. Veritas upgraded TFI International from a "hold" rating to a "strong-buy" rating in a report on Tuesday, March 18th. Citigroup cut their target price on shares of TFI International from $130.00 to $95.00 and set a "buy" rating on the stock in a research report on Tuesday, April 8th. Finally, Royal Bank of Canada reduced their price target on TFI International from $156.00 to $127.00 and set an "outperform" rating on the stock in a research report on Friday, February 21st. One investment analyst has rated the stock with a sell rating, four have given a hold rating, eight have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $140.14.

TFI International Price Performance

Shares of NYSE TFII traded up $1.24 during midday trading on Monday, reaching $77.79. 493,189 shares of the company traded hands, compared to its average volume of 321,110. TFI International has a 12 month low of $72.02 and a 12 month high of $158.93. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.96 and a current ratio of 1.03. The stock's 50-day simple moving average is $88.21 and its 200-day simple moving average is $121.99. The firm has a market cap of $6.53 billion, a PE ratio of 15.56, a PEG ratio of 1.11 and a beta of 1.57.

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

TFI International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 2.31%. The ex-dividend date was Monday, March 31st. TFI International's dividend payout ratio (DPR) is 36.00%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in TFII. Baillie Gifford & Co. bought a new stake in shares of TFI International during the fourth quarter valued at approximately $148,623,000. Geode Capital Management LLC increased its stake in TFI International by 31.5% during the 4th quarter. Geode Capital Management LLC now owns 469,263 shares of the company's stock valued at $64,345,000 after purchasing an additional 112,455 shares in the last quarter. CDAM UK Ltd raised its holdings in TFI International by 2.5% during the fourth quarter. CDAM UK Ltd now owns 381,102 shares of the company's stock worth $51,483,000 after buying an additional 9,200 shares during the last quarter. QV Investors Inc. lifted its position in TFI International by 60.6% in the 1st quarter. QV Investors Inc. now owns 350,096 shares of the company's stock valued at $27,103,000 after acquiring an additional 132,166 shares in the last quarter. Finally, Amundi lifted its holdings in shares of TFI International by 2.4% in the fourth quarter. Amundi now owns 181,202 shares of the company's stock valued at $24,134,000 after purchasing an additional 4,266 shares in the last quarter. 73.30% of the stock is 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.