The Goldman Sachs Group Cuts TFI International (NYSE:TFII) Price Target to $150.00

TFI International (NYSE:TFII - Free Report) had its target price cut by The Goldman Sachs Group from $176.00 to $150.00 in a research report report published on Friday,Benzinga reports. They currently have a buy rating on the stock.

Other analysts also recently issued reports about the company. Citigroup boosted their target price on TFI International from $158.00 to $170.00 and gave the company a "buy" rating in a report on Tuesday, November 12th. UBS Group cut TFI International from a "buy" rating to a "neutral" rating and reduced their price objective for the company from $163.00 to $107.00 in a research note on Friday. CIBC lowered their target price on shares of TFI International from $160.00 to $141.00 and set an "outperformer" rating on the stock in a research report on Friday. Desjardins raised shares of TFI International from a "hold" rating to a "buy" rating in a report on Monday, December 9th. Finally, Stifel Nicolaus decreased their price target on shares of TFI International from $147.00 to $120.00 and set a "hold" rating for the company in a research note on Friday. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and eight have issued a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $151.43.

TFI International Stock Up 1.9 %

TFII stock traded up $1.71 during midday trading on Friday, reaching $92.21. 1,201,677 shares of the company were exchanged, compared to its average volume of 349,480. The company has a market cap of $7.76 billion, a price-to-earnings ratio of 18.44, a price-to-earnings-growth ratio of 1.11 and a beta of 1.57. 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 has a 1-year low of $88.76 and a 1-year high of $162.13. The stock's 50-day simple moving average is $132.33 and its 200 day simple moving average is $139.80.

TFI International (NYSE:TFII - Get Free Report) last announced its quarterly earnings results on Wednesday, February 19th. The company reported $1.19 EPS for the quarter, missing the consensus estimate of $1.59 by ($0.40). TFI International had a return on equity of 18.40% and a net margin of 5.08%. The company had revenue of $2.08 billion for the quarter, compared to analyst estimates of $1.54 billion. On average, equities analysts forecast that TFI International will post 7.76 earnings per share for the current year.

Institutional Investors Weigh In On TFI International

Hedge funds have recently added to or reduced their stakes in the company. Baillie Gifford & Co. acquired a new position in TFI International during the 4th quarter worth approximately $148,623,000. Geode Capital Management LLC boosted its stake in shares of TFI International by 31.5% in the fourth quarter. Geode Capital Management LLC now owns 469,263 shares of the company's stock valued at $64,345,000 after buying an additional 112,455 shares in the last quarter. CDAM UK Ltd boosted its stake in shares of TFI International by 2.5% in the fourth quarter. CDAM UK Ltd now owns 381,102 shares of the company's stock valued at $51,483,000 after buying an additional 9,200 shares in the last quarter. Amundi grew its holdings in 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 during the period. Finally, Bank of New York Mellon Corp raised its position in TFI International by 6.4% in the fourth 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 in the last quarter. 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.