TFI International Inc. (NYSE:TFII - Get Free Report) shares reached a new 52-week low during trading on Monday . The company traded as low as $124.36 and last traded at $126.78, with a volume of 83353 shares traded. The stock had previously closed at $131.81.
Wall Street Analyst Weigh In
A number of research analysts recently issued reports on the company. Bank of America lowered their target price on TFI International from $152.00 to $143.00 and set a "neutral" rating on the stock in a report on Tuesday, October 22nd. TD Securities lowered their price objective on shares of TFI International from $180.00 to $171.00 and set a "buy" rating on the stock in a research note on Wednesday, October 23rd. Desjardins raised shares of TFI International from a "hold" rating to a "buy" rating in a research note on Monday, December 9th. Royal Bank of Canada decreased their price target on shares of TFI International from $167.00 to $160.00 and set an "outperform" rating on the stock in a research report on Wednesday, October 23rd. Finally, National Bankshares cut their price objective on TFI International from $209.00 to $198.00 and set a "sector perform" rating for the company in a research report on Wednesday, October 23rd. Six analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company's stock. Based on data from MarketBeat, TFI International currently has a consensus rating of "Moderate Buy" and a consensus price target of $169.13.
Read Our Latest Analysis on TFII
TFI International Stock Performance
The firm has a 50 day moving average price of $140.30 and a 200-day moving average price of $142.57. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.96 and a current ratio of 0.98. The company has a market cap of $11.00 billion, a P/E ratio of 23.70, a P/E/G ratio of 1.49 and a beta of 1.57.
Institutional Trading of TFI International
A number of institutional investors and hedge funds have recently modified their holdings of TFII. Plato Investment Management Ltd bought a new position in TFI International during the third quarter worth $134,000. Entropy Technologies LP acquired a new stake in TFI International in the 3rd quarter valued at $643,000. Legato Capital Management LLC raised its stake in TFI International by 8.9% during the fourth quarter. Legato Capital Management LLC now owns 10,468 shares of the company's stock worth $1,414,000 after acquiring an additional 859 shares in the last quarter. Canoe Financial LP bought a new position in shares of TFI International during the fourth quarter valued at $1,853,000. Finally, Public Employees Retirement System of Ohio acquired a new stake in shares of TFI International in the 3rd quarter valued at $2,373,000. 73.30% of the stock is currently owned by institutional investors and hedge funds.
TFI International Company Profile
(
Get Free Report)
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.
Further Reading
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