TFI International (NYSE:TFII) Sees Large Volume Increase - Should You Buy?

TFI International Inc. (NYSE:TFII - Get Free Report) shares saw an uptick in trading volume on Friday . 845,765 shares were traded during trading, an increase of 202% from the previous session's volume of 279,839 shares.The stock last traded at $93.68 and had previously closed at $101.48.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. Citigroup lowered their price objective on TFI International from $162.00 to $130.00 and set a "buy" rating for the company in a research report on Tuesday. The Goldman Sachs Group decreased their price target on TFI International from $176.00 to $150.00 and set a "buy" rating for the company in a research note on Friday. Royal Bank of Canada dropped their price target on TFI International from $156.00 to $127.00 and set an "outperform" rating on the stock in a research note on Friday. Desjardins raised shares of TFI International from a "hold" rating to a "buy" rating in a research report on Monday, December 9th. Finally, UBS Group downgraded shares of TFI International from a "buy" rating to a "neutral" rating and dropped their target price for the stock from $163.00 to $107.00 in a research report on Friday. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, TFI International has an average rating of "Hold" and an average target price of $151.43.

TFI International Stock Up 1.9 %

The business has a 50 day moving average price of $131.18 and a 200 day moving average price of $139.43. 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 stock has a market cap of $7.76 billion, a PE ratio of 18.44, a P/E/G ratio of 1.11 and a beta of 1.57.

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 analysts' consensus estimates of $1.59 by ($0.40). TFI International had a return on equity of 18.40% and a net margin of 5.08%. The firm had revenue of $2.08 billion for the quarter, compared to analyst estimates of $1.54 billion. Equities research analysts expect that TFI International Inc. will post 7.76 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Brown Brothers Harriman & Co. grew its position in shares of TFI International by 124.8% during the 4th quarter. Brown Brothers Harriman & Co. now owns 236 shares of the company's stock valued at $32,000 after acquiring an additional 131 shares during the period. CIBC Private Wealth Group LLC boosted its position in TFI International by 40.5% during the fourth quarter. CIBC Private Wealth Group LLC now owns 555 shares of the company's stock worth $74,000 after purchasing an additional 160 shares in the last quarter. Plato Investment Management Ltd acquired a new stake in TFI International in the third quarter valued at approximately $134,000. Entropy Technologies LP acquired a new stake in TFI International in the third quarter valued at approximately $643,000. Finally, Legato Capital Management LLC increased its position in shares of TFI International by 8.9% in the fourth quarter. Legato Capital Management LLC now owns 10,468 shares of the company's stock valued at $1,414,000 after buying an additional 859 shares in the last quarter. Institutional investors and hedge funds 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.