Analysts Set TFI International Inc. (NYSE:TFII) PT at $170.33

TFI International Inc. (NYSE:TFII) has been given a consensus rating of “Moderate Buy” by the sixteen research firms that are covering the stock, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold rating and eleven have issued a buy rating on the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $170.33.

TFII has been the topic of several research reports. Cormark upgraded shares of TFI International from a “hold” rating to a “moderate buy” rating in a report on Monday, July 15th. CIBC lifted their target price on shares of TFI International from $167.00 to $179.00 and gave the company an “outperform” rating in a report on Monday, July 29th. National Bank Financial cut shares of TFI International from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 26th. Desjardins lowered TFI International from a “buy” rating to a “hold” rating in a research report on Wednesday, July 17th. Finally, TD Cowen upped their target price on TFI International from $176.00 to $184.00 and gave the stock a “buy” rating in a research report on Monday, July 29th.

TFI International Trading Down 0.3 %

TFII stock opened at $146.84 on Friday. TFI International has a 52 week low of $104.91 and a 52 week high of $162.13. The company has a market cap of $12.42 billion, a price-to-earnings ratio of 26.08, a PEG ratio of 1.53 and a beta of 1.56. The company has a quick ratio of 0.92, a current ratio of 0.94 and a debt-to-equity ratio of 0.89. The business has a fifty day simple moving average of $146.84 and a 200-day simple moving average of $145.48.

TFI International (NYSE:TFII) last announced its quarterly earnings results on Thursday, July 25th. The company reported $1.71 EPS for the quarter, topping the consensus estimate of $1.61 by $0.10. The company had revenue of $2.26 billion during the quarter, compared to analyst estimates of $2.28 billion. TFI International had a return on equity of 20.48% and a net margin of 5.93%. The firm’s revenue was up 26.4% on a year-over-year basis. During the same period in the prior year, the firm posted $1.59 earnings per share. On average, equities research analysts expect that TFI International will post 6.86 EPS for the current year.

TFI International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 15th. Shareholders of record on Friday, June 28th were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.09%. The ex-dividend date was Friday, June 28th. TFI International’s dividend payout ratio is currently 28.60%.

Hedge Funds Weigh In On TFI International

Several large investors have recently modified their holdings of the stock. UMB Bank n.a. bought a new position in TFI International during the 1st quarter worth approximately $136,000. iA Global Asset Management Inc. acquired a new stake in TFI International during the second quarter worth about $240,000. Clearbridge Investments LLC bought a new position in TFI International in the fourth quarter worth about $287,000. Industrial Alliance Investment Management Inc. boosted its stake in TFI International by 3.2% in the first quarter. Industrial Alliance Investment Management Inc. now owns 2,590 shares of the company’s stock valued at $413,000 after acquiring an additional 80 shares during the period. Finally, Campbell & CO Investment Adviser LLC boosted its stake in TFI International by 67.0% in the fourth quarter. Campbell & CO Investment Adviser LLC now owns 3,842 shares of the company’s stock valued at $522,000 after acquiring an additional 1,542 shares during the period. Institutional investors own 73.30% of the company’s stock.

About TFI International

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.