TFI International (NYSE:TFII) Upgraded by National Bank Financial to Outperfrom Under Weight

National Bank Financial upgraded shares of TFI International (NYSE:TFII) from a sector perform under weight rating to an outperfrom under weight rating in a report released on Friday, Zacks.com reports.

TFII has been the topic of a number of other research reports. Bank of America upped their price target on shares of TFI International from $154.00 to $166.00 and gave the company a neutral rating in a research report on Monday, April 15th. The Goldman Sachs Group upped their target price on TFI International from $157.00 to $173.00 and gave the company a buy rating in a research report on Thursday, April 11th. BMO Capital Markets raised their target price on TFI International from $130.00 to $140.00 and gave the stock a market perform rating in a research note on Monday, February 12th. Morgan Stanley boosted their price target on TFI International from $169.00 to $176.00 and gave the company an overweight rating in a research note on Monday, February 12th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of TFI International in a research note on Monday, January 29th. They issued a buy rating and a $175.00 price objective for the company. Three analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of Moderate Buy and a consensus target price of $160.78.

TFI International Stock Performance

Shares of TFII stock opened at $135.78 on Friday. The stock has a market capitalization of $11.48 billion, a PE ratio of 24.12, a PEG ratio of 1.42 and a beta of 1.52. The business’s 50 day simple moving average is $151.57 and its 200 day simple moving average is $134.26. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.66 and a quick ratio of 1.64. TFI International has a one year low of $102.94 and a one year high of $162.13.

TFI International (NYSE:TFII) last issued its quarterly earnings results on Thursday, April 25th. The company reported $1.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.39 by ($0.15). TFI International had a return on equity of 20.39% and a net margin of 6.44%. The firm had revenue of $1.87 billion during the quarter, compared to analyst estimates of $1.89 billion. As a group, research analysts forecast that TFI International will post 7.47 earnings per share for the current year.

TFI International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Thursday, March 28th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.18%. The ex-dividend date was Wednesday, March 27th. TFI International’s payout ratio is 28.42%.

Institutional Investors Weigh In On TFI International

Several large investors have recently made changes to their positions in the business. Cary Street Partners Investment Advisory LLC bought a new stake in shares of TFI International in the 3rd quarter worth approximately $27,000. Parallel Advisors LLC boosted its holdings in shares of TFI International by 2.7% in the fourth quarter. Parallel Advisors LLC now owns 10,625 shares of the company’s stock worth $1,445,000 after acquiring an additional 278 shares during the period. Van ECK Associates Corp grew its position in shares of TFI International by 3.4% in the third quarter. Van ECK Associates Corp now owns 10,306 shares of the company’s stock valued at $1,324,000 after purchasing an additional 343 shares in the last quarter. Argent Capital Management LLC raised its stake in shares of TFI International by 2.5% during the 4th quarter. Argent Capital Management LLC now owns 20,313 shares of the company’s stock valued at $2,762,000 after purchasing an additional 494 shares during the period. Finally, UMB Bank n.a. purchased a new stake in TFI International during the 1st quarter worth about $136,000. 73.30% of the stock is owned by hedge funds and other institutional investors.

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.