TFI International Inc. (NYSE:TFII - Get Free Report) fell 4.9% on Tuesday after Susquehanna lowered their price target on the stock from $170.00 to $135.00. Susquehanna currently has a positive rating on the stock. TFI International traded as low as $80.19 and last traded at $81.98. 746,534 shares changed hands during mid-day trading, an increase of 100% from the average session volume of 372,591 shares. The stock had previously closed at $86.21.
A number of other analysts have also weighed in on TFII. CIBC dropped their target price on shares of TFI International from $160.00 to $141.00 and set an "outperformer" rating for the company in a report on Friday, February 21st. Veritas cut shares of TFI International from a "strong-buy" rating to a "hold" rating in a research report on Friday, February 21st. Desjardins raised shares of TFI International from a "hold" rating to a "buy" rating in a research report on Monday, December 9th. Stifel Nicolaus dropped their price target on TFI International from $147.00 to $120.00 and set a "hold" rating on the stock in a research report on Friday, February 21st. Finally, The Goldman Sachs Group dropped their price target on shares of TFI International from $176.00 to $150.00 and set a "buy" rating on the stock in a report on Friday, February 21st. One analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, TFI International presently has an average rating of "Hold" and a consensus target price of $148.93.
Read Our Latest Analysis on TFII
Institutional Investors Weigh In On TFI International
Several large investors have recently modified their holdings of the business. Brown Brothers Harriman & Co. boosted its position in 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 in the last quarter. CIBC Private Wealth Group LLC increased its stake in TFI International by 40.5% during the 4th quarter. CIBC Private Wealth Group LLC now owns 555 shares of the company's stock valued at $74,000 after purchasing an additional 160 shares in the last quarter. Plato Investment Management Ltd purchased a new position in shares of TFI International in the third quarter worth $134,000. Entropy Technologies LP acquired a new stake in shares of TFI International during the third quarter worth $643,000. Finally, Legato Capital Management LLC grew its holdings 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 buying an additional 859 shares during the last quarter. Institutional investors own 73.30% of the company's stock.
TFI International Stock Performance
The stock has a market capitalization of $6.89 billion, a price-to-earnings ratio of 16.37, a P/E/G ratio of 1.11 and a beta of 1.62. 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 firm has a 50-day moving average of $124.72 and a 200-day moving average of $137.00.
TFI International (NYSE:TFII - Get Free Report) last announced its quarterly earnings data on Wednesday, February 19th. The company reported $1.19 earnings per share for the quarter, missing analysts' consensus estimates 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 during the quarter, compared to analyst estimates of $1.54 billion. As a group, sell-side analysts predict that TFI International Inc. will post 7.76 earnings per share for the current year.
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.
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