TD Cowen Lowers TFI International (NYSE:TFII) Price Target to $115.00

TFI International (NYSE:TFII - Get Free Report) had its target price decreased by investment analysts at TD Cowen from $128.00 to $115.00 in a research report issued to clients and investors on Friday, MarketBeat.com reports. The brokerage currently has a "buy" rating on the stock. TD Cowen's price objective suggests a potential upside of 43.98% from the company's current price.

Several other analysts have also recently commented on TFII. UBS Group cut shares of TFI International from a "buy" rating to a "neutral" rating and dropped their target price for the company from $163.00 to $107.00 in a research report on Friday, February 21st. Veritas upgraded shares of TFI International from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, March 18th. Stephens dropped their target price on shares of TFI International from $138.00 to $110.00 and set an "equal weight" rating for the company in a research report on Tuesday, February 25th. The Goldman Sachs Group dropped their price objective on TFI International from $176.00 to $150.00 and set a "buy" rating on the stock in a research note on Friday, February 21st. Finally, Bank of America cut TFI International from a "neutral" rating to an "underperform" rating in a report on Thursday, February 20th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, TFI International presently has an average rating of "Moderate Buy" and a consensus price target of $126.25.

TFI International Trading Up 0.0 %

TFII stock traded up $0.03 during trading on Friday, hitting $79.87. The company had a trading volume of 501,606 shares, compared to its average volume of 324,174. The company has a quick ratio of 0.96, a current ratio of 1.03 and a debt-to-equity ratio of 0.86. The firm has a 50-day moving average price of $82.31 and a 200-day moving average price of $119.44. TFI International has a 12 month low of $72.02 and a 12 month high of $158.93. The stock has a market cap of $6.71 billion, a price-to-earnings ratio of 15.97, a PEG ratio of 1.11 and a beta of 1.57.

TFI International (NYSE:TFII - Get Free Report) last posted its quarterly earnings data on Wednesday, April 23rd. The company reported $0.76 earnings per share for the quarter, missing the consensus estimate of $0.95 by ($0.19). The company had revenue of $1.96 billion during the quarter, compared to the consensus estimate of $1.46 billion. TFI International had a return on equity of 18.40% and a net margin of 5.08%. As a group, analysts predict that TFI International will post 7.76 earnings per share for the current year.

Hedge Funds Weigh In On TFI International

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp grew its stake in 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 worth $10,621,000 after buying an additional 4,763 shares in the last quarter. Baillie Gifford & Co. acquired a new stake in TFI International in the fourth quarter valued at about $148,623,000. Canoe Financial LP bought a new position in TFI International in the fourth quarter valued at about $1,853,000. Geode Capital Management LLC lifted its holdings in shares of TFI International by 31.5% in the fourth quarter. Geode Capital Management LLC now owns 469,263 shares of the company's stock worth $64,345,000 after acquiring an additional 112,455 shares during the last quarter. Finally, Entropy Technologies LP grew its holdings in shares of TFI International by 97.8% during the 4th quarter. Entropy Technologies LP now owns 9,295 shares of the company's stock valued at $1,256,000 after purchasing an additional 4,595 shares during 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.