TFI International Inc. (NYSE:TFII) Given Average Recommendation of “Moderate Buy” by Brokerages

TFI International Inc. (NYSE:TFII) has been assigned an average rating of “Moderate Buy” from the seventeen research firms that are currently covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a hold recommendation and fourteen have assigned a buy recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $161.53.

TFII has been the subject of a number of analyst reports. The Goldman Sachs Group lifted their target price on shares of TFI International from $157.00 to $173.00 and gave the company a “buy” rating in a research note on Thursday, April 11th. National Bank Financial upgraded shares of TFI International from a “sector perform under weight” rating to an “outperfrom under weight” rating in a report on Friday, April 26th. Bank of America boosted their price target on TFI International from $154.00 to $166.00 and gave the stock a “neutral” rating in a research report on Monday, April 15th. Royal Bank of Canada lowered their price objective on TFI International from $173.00 to $162.00 and set an “outperform” rating on the stock in a report on Monday, April 29th. Finally, TD Cowen reduced their target price on TFI International from $178.00 to $176.00 and set a “buy” rating for the company in a report on Monday, April 29th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in TFII. Vaughan Nelson Investment Management L.P. acquired a new stake in shares of TFI International during the 1st quarter worth approximately $42,583,000. Argent Capital Management LLC boosted its stake in TFI International by 793.1% during the first quarter. Argent Capital Management LLC now owns 181,407 shares of the company’s stock worth $28,927,000 after buying an additional 161,094 shares in the last quarter. Mediolanum International Funds Ltd bought a new stake in TFI International in the 1st quarter valued at $10,118,000. CDAM UK Ltd raised its stake in shares of TFI International by 6.9% in the 4th quarter. CDAM UK Ltd now owns 381,912 shares of the company’s stock valued at $51,932,000 after buying an additional 24,730 shares in the last quarter. Finally, AGF Management Ltd. lifted its holdings in shares of TFI International by 67.5% during the 4th quarter. AGF Management Ltd. now owns 41,139 shares of the company’s stock worth $5,596,000 after acquiring an additional 16,573 shares during the period. Institutional investors own 73.30% of the company’s stock.

TFI International Price Performance

Shares of NYSE:TFII opened at $147.73 on Thursday. The firm has a market cap of $12.48 billion, a price-to-earnings ratio of 26.24, a P/E/G ratio of 1.54 and a beta of 1.56. TFI International has a 1 year low of $104.91 and a 1 year high of $162.13. The company has a current ratio of 1.66, a quick ratio of 1.64 and a debt-to-equity ratio of 0.86. The business has a fifty day simple moving average of $136.84 and a 200 day simple moving average of $141.22.

TFI International (NYSE:TFII) last posted its quarterly earnings results on Thursday, April 25th. The company reported $1.24 earnings per share for the quarter, missing analysts’ consensus estimates of $1.39 by ($0.15). The firm had revenue of $1.87 billion for the quarter, compared to analysts’ expectations of $1.89 billion. TFI International had a return on equity of 20.39% and a net margin of 6.44%. As a group, sell-side analysts predict that TFI International will post 6.83 earnings per share for the current fiscal year.

TFI International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Shareholders of record on Friday, June 28th will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.08%. The ex-dividend date is Friday, June 28th. TFI International’s dividend payout ratio (DPR) is presently 28.42%.

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.