TFI International (NYSE:TFII) Price Target Cut to $135.00 by Analysts at Susquehanna

TFI International (NYSE:TFII - Free Report) had its target price lowered by Susquehanna from $170.00 to $135.00 in a research note issued to investors on Monday morning,Benzinga reports. Susquehanna currently has a positive rating on the stock.

Several other research analysts have also issued reports on TFII. Stifel Nicolaus cut their target price on shares of TFI International from $147.00 to $120.00 and set a "hold" rating on the stock in a research note on Friday, February 21st. Bank of America lowered TFI International from a "neutral" rating to an "underperform" rating in a report on Thursday, February 20th. CIBC reduced their price target on shares of TFI International from $160.00 to $141.00 and set an "outperformer" rating for the company in a research report on Friday, February 21st. Stephens decreased their target price on 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. Finally, UBS Group downgraded shares of TFI International from a "buy" rating to a "neutral" rating and reduced their target price for the stock from $163.00 to $107.00 in a research note on Friday, February 21st. One research analyst has rated the stock with a sell rating, six have issued a hold rating and eight have given a buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $148.93.

TFI International Trading Up 0.2 %

Shares of NYSE:TFII traded up $0.15 during mid-day trading on Monday, reaching $83.78. 727,965 shares of the company's stock were exchanged, compared to its average volume of 402,733. The firm has a market capitalization of $7.05 billion, a price-to-earnings ratio of 16.76, a PEG ratio of 1.11 and a beta of 1.62. TFI International has a twelve month low of $80.19 and a twelve month high of $162.13. The business's fifty day moving average price is $124.72 and its 200-day moving average price is $137.00. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.96 and a current ratio of 1.03.

TFI International (NYSE:TFII - Get Free Report) last issued 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 firm had revenue of $2.08 billion during the quarter, compared to analyst estimates of $1.54 billion. TFI International had a return on equity of 18.40% and a net margin of 5.08%. On average, research analysts predict that TFI International will post 7.76 EPS for the current fiscal year.

Institutional Investors Weigh In On TFI International

Large investors have recently added to or reduced their stakes in the company. Baillie Gifford & Co. purchased a new position in shares of TFI International in the 4th quarter worth about $148,623,000. Geode Capital Management LLC boosted its stake in 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 buying an additional 112,455 shares in the last quarter. CDAM UK Ltd grew its position in TFI International by 2.5% during the fourth quarter. CDAM UK Ltd now owns 381,102 shares of the company's stock valued at $51,483,000 after acquiring an additional 9,200 shares during the last quarter. Amundi raised its stake in shares of TFI International by 2.4% during the fourth quarter. Amundi now owns 181,202 shares of the company's stock worth $24,134,000 after acquiring an additional 4,266 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in shares of TFI International by 6.4% in the 4th quarter. Bank of New York Mellon Corp now owns 78,621 shares of the company's stock worth $10,621,000 after acquiring an additional 4,763 shares during the last quarter. Hedge funds and other 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.