TFI International Inc. (NYSE:TFII) Receives $148.93 Consensus Price Target from Analysts

TFI International Inc. (NYSE:TFII - Get Free Report) has been given an average rating of "Hold" by the fifteen research firms that are currently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and eight have given a buy recommendation to the company. The average 12-month price target among brokers that have covered the stock in the last year is $148.93.

TFII has been the topic of several analyst reports. Bank of America lowered shares of TFI International from a "neutral" rating to an "underperform" rating in a research report on Thursday, February 20th. Stephens dropped their target price on TFI International from $138.00 to $110.00 and set an "equal weight" rating on the stock in a research report on Tuesday, February 25th. UBS Group cut TFI International from a "buy" rating to a "neutral" rating and reduced their price target for the stock from $163.00 to $107.00 in a report on Friday, February 21st. 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 report on Friday, February 21st. Finally, Stifel Nicolaus reduced their target price on TFI International from $147.00 to $120.00 and set a "hold" rating for the company in a research note on Friday, February 21st.

Institutional Investors Weigh In On TFI International

A number of large investors have recently made changes to their positions in TFII. BI Asset Management Fondsmaeglerselskab A S boosted its stake in TFI International by 7.8% during the fourth quarter. BI Asset Management Fondsmaeglerselskab A S now owns 37,353 shares of the company's stock worth $5,046,000 after buying an additional 2,696 shares during the last quarter. CDAM UK Ltd raised its position in shares of TFI International by 2.5% during the 4th quarter. CDAM UK Ltd now owns 381,102 shares of the company's stock valued at $51,483,000 after buying an additional 9,200 shares during the period. Geode Capital Management LLC lifted its holdings in TFI International by 31.5% in 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 during the last quarter. CIBC Private Wealth Group LLC grew its position in TFI International by 40.5% in the fourth quarter. CIBC Private Wealth Group LLC now owns 555 shares of the company's stock worth $74,000 after acquiring an additional 160 shares during the period. Finally, Brown Brothers Harriman & Co. increased its stake in TFI International by 124.8% during the fourth quarter. Brown Brothers Harriman & Co. now owns 236 shares of the company's stock worth $32,000 after acquiring an additional 131 shares during the last quarter. 73.30% of the stock is currently owned by hedge funds and other institutional investors.

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TFI International Stock Performance

Shares of NYSE TFII traded down $0.51 during trading on Tuesday, reaching $83.31. 169,412 shares of the company traded hands, compared to its average volume of 397,518. TFI International has a 12-month low of $80.19 and a 12-month 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 stock has a market cap of $7.01 billion, a P/E ratio of 16.67, a PEG ratio of 1.11 and a beta of 1.62. The firm's fifty day simple moving average is $123.58 and its 200 day simple moving average is $136.63.

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

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.