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

Shares of TFI International Inc. (TSE:TFII) have been given an average rating of “Moderate Buy” by the eight brokerages that are covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is C$186.38.

Several analysts recently commented on TFII shares. Desjardins downgraded shares of TFI International from a “buy” rating to a “hold” rating and increased their price objective for the company from C$207.00 to C$219.00 in a research report on Wednesday, July 17th. CIBC cut their price target on shares of TFI International from C$175.00 to C$172.00 and set an “outperform” rating on the stock in a report on Monday, April 29th. Royal Bank of Canada raised their price target on shares of TFI International from C$155.00 to C$173.00 and gave the company an “outperform” rating in a research report on Tuesday, April 16th. National Bankshares raised TFI International from a “sector perform” rating to an “outperform” rating and lowered their price objective for the company from C$222.00 to C$217.00 in a research report on Monday, April 29th. Finally, Scotiabank decreased their price target on TFI International from C$235.00 to C$230.00 and set an “outperform” rating for the company in a research note on Monday, April 29th.

Insider Buying and Selling

In other TFI International news, Director John Pratt purchased 819 shares of the firm’s stock in a transaction on Friday, April 26th. The shares were acquired at an average cost of C$137.46 per share, with a total value of C$112,580.56. In other TFI International news, Director John Pratt purchased 819 shares of the company’s stock in a transaction on Friday, April 26th. The stock was acquired at an average cost of C$137.46 per share, for a total transaction of C$112,580.56. Also, Director Alain Bédard sold 15,995 shares of TFI International stock in a transaction that occurred on Wednesday, June 12th. The shares were sold at an average price of C$193.46, for a total transaction of C$3,094,381.50. 5.91% of the stock is currently owned by insiders.

TFI International Trading Down 0.9 %

TFI International stock opened at C$212.06 on Wednesday. TFI International has a 12 month low of C$144.42 and a 12 month high of C$220.93. The company has a current ratio of 1.66, a quick ratio of 1.18 and a debt-to-equity ratio of 113.80. The business’s fifty day simple moving average is C$193.29 and its two-hundred day simple moving average is C$194.99. The company has a market capitalization of C$17.93 billion, a price-to-earnings ratio of 27.58, a price-to-earnings-growth ratio of 1.01 and a beta of 1.44.

TFI International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, July 15th. Investors of record on Monday, July 15th were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.75%. The ex-dividend date was Friday, June 28th. TFI International’s dividend payout ratio (DPR) is 28.61%.

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.