TFI International Inc. (NYSE:TFII) Receives Consensus Recommendation of "Moderate Buy" from Brokerages

Shares of TFI International Inc. (NYSE:TFII - Get Free Report) have earned an average recommendation of "Moderate Buy" from the fifteen ratings firms that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the company. The average 1 year target price among brokers that have covered the stock in the last year is $138.07.

Several equities analysts recently commented on the company. Bank of America cut TFI International from a "neutral" rating to an "underperform" rating in a research report on Thursday, February 20th. Citigroup cut their price objective on TFI International from $130.00 to $95.00 and set a "buy" rating for the company in a report on Tuesday, April 8th. CIBC lowered their target price on shares of TFI International from $160.00 to $141.00 and set an "outperformer" rating on the stock in a research note on Friday, February 21st. TD Cowen dropped their target price on shares of TFI International from $135.00 to $128.00 and set a "buy" rating for the company in a research report on Friday, March 28th. Finally, National Bank Financial raised shares of TFI International from a "hold" rating to a "strong-buy" rating in a report on Thursday, April 3rd.

TFI International Stock Up 2.1 %

TFII stock opened at $78.56 on Wednesday. The stock has a 50-day simple moving average of $86.13 and a two-hundred day simple moving average of $121.09. TFI International has a twelve month low of $72.02 and a twelve month high of $158.93. The firm has a market capitalization of $6.60 billion, a PE ratio of 15.71, a PEG ratio of 1.11 and a beta of 1.57. The company has a quick ratio of 0.96, a current ratio of 1.03 and a debt-to-equity ratio of 0.86.

TFI International (NYSE:TFII - Get Free Report) last issued its quarterly earnings data 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 for the quarter, compared to analysts' expectations of $1.54 billion. On average, equities analysts predict that TFI International will post 7.76 EPS for the current fiscal year.

TFI International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were given a dividend of $0.45 per share. The ex-dividend date was Monday, March 31st. This represents a $1.80 annualized dividend and a yield of 2.29%. TFI International's payout ratio is 36.00%.

Institutional Trading of TFI International

Several hedge funds and other institutional investors have recently bought and sold shares of TFII. Geode Capital Management LLC increased its stake in shares of TFI International by 6.8% in the third quarter. Geode Capital Management LLC now owns 356,808 shares of the company's stock worth $49,288,000 after buying an additional 22,566 shares during the period. Canoe Financial LP bought a new stake in TFI International in the 4th quarter worth $1,853,000. Entropy Technologies LP increased its position in shares of TFI International by 97.8% in the fourth quarter. Entropy Technologies LP now owns 9,295 shares of the company's stock valued at $1,256,000 after acquiring an additional 4,595 shares during the period. Legato Capital Management LLC raised its stake in shares of TFI International by 8.9% during the fourth quarter. Legato Capital Management LLC now owns 10,468 shares of the company's stock valued at $1,414,000 after acquiring an additional 859 shares during the last quarter. Finally, Baillie Gifford & Co. purchased a new stake in shares of TFI International during the fourth quarter worth about $148,623,000. Institutional investors own 73.30% of the company's stock.

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.

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