TFI International (NYSE:TFII) Stock Rating Upgraded by National Bank Financial

National Bank Financial upgraded shares of TFI International (NYSE:TFII - Free Report) from a hold rating to a strong-buy rating in a report issued on Thursday, April 3rd,Zacks.com reports.

Several other analysts have also recently commented on TFII. Stephens lowered their price target on TFI International from $138.00 to $110.00 and set an "equal weight" rating for the company in a report on Tuesday, February 25th. Veritas upgraded shares of TFI International from a "hold" rating to a "strong-buy" rating in a report on Tuesday, March 18th. Citigroup cut their price target on shares of TFI International from $162.00 to $130.00 and set a "buy" rating on the stock in a research note on Tuesday, February 25th. CIBC dropped their price objective on TFI International from $160.00 to $141.00 and set an "outperformer" rating for the company in a report on Friday, February 21st. Finally, Susquehanna cut their target price on TFI International from $135.00 to $105.00 and set a "positive" rating on the stock in a research report on Monday, March 31st. One research analyst has rated the stock with a sell rating, four have given a hold rating, eight have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, TFI International has an average rating of "Moderate Buy" and an average price target of $141.21.

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TFI International Trading Down 0.8 %

Shares of TFII traded down $0.70 on Thursday, hitting $81.74. 331,519 shares of the stock traded hands, compared to its average volume of 315,463. TFI International has a 1 year low of $72.02 and a 1 year high of $161.49. The stock's 50 day moving average is $95.33 and its two-hundred day moving average is $124.87. The firm has a market capitalization of $6.88 billion, a P/E ratio of 16.35, a P/E/G 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 results 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). The business had revenue of $2.08 billion for the quarter, compared to analysts' expectations of $1.54 billion. TFI International had a return on equity of 18.40% and a net margin of 5.08%. As a group, sell-side analysts predict that TFI International will post 7.76 earnings per share for the current year.

TFI International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be paid a $0.45 dividend. The ex-dividend date is Monday, March 31st. This represents a $1.80 annualized dividend and a dividend yield of 2.20%. TFI International's dividend payout ratio (DPR) is presently 36.00%.

Hedge Funds Weigh In On TFI International

Institutional investors have recently added to or reduced their stakes in the company. Brown Brothers Harriman & Co. increased its position in shares of TFI International by 124.8% during the fourth quarter. Brown Brothers Harriman & Co. now owns 236 shares of the company's stock worth $32,000 after acquiring an additional 131 shares during the last quarter. CIBC Private Wealth Group LLC increased its holdings in TFI International by 40.5% during the 4th quarter. CIBC Private Wealth Group LLC now owns 555 shares of the company's stock worth $74,000 after purchasing an additional 160 shares during the last quarter. Entropy Technologies LP raised its position in shares of TFI International by 97.8% in the 4th quarter. Entropy Technologies LP now owns 9,295 shares of the company's stock valued at $1,256,000 after purchasing an additional 4,595 shares in the last quarter. Legato Capital Management LLC boosted its stake in shares of TFI International by 8.9% during the 4th 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. Finally, Canoe Financial LP acquired a new stake in shares of TFI International during the fourth quarter worth approximately $1,853,000. Institutional investors and hedge funds 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.