TFI International Inc. (NYSE:TFII) Receives Consensus Rating of “Moderate Buy” from Analysts

TFI International Inc. (NYSE:TFII) has been assigned an average rating of “Moderate Buy” from the seventeen research firms that are covering the firm, Marketbeat reports. Six research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $169.19.

A number of research firms have commented on TFII. National Bankshares decreased their target price on shares of TFI International from $209.00 to $198.00 and set a “sector perform” rating on the stock in a research report on Wednesday, October 23rd. Susquehanna decreased their price objective on shares of TFI International from $180.00 to $170.00 and set a “positive” rating on the stock in a report on Wednesday, October 23rd. Stephens reiterated an “equal weight” rating and issued a $149.00 target price (down previously from $176.00) on shares of TFI International in a report on Tuesday, October 1st. JPMorgan Chase & Co. cut their target price on TFI International from $181.00 to $178.00 and set a “buy” rating on the stock in a research report on Wednesday, October 23rd. Finally, Bank of America lowered their price target on TFI International from $152.00 to $143.00 and set a “neutral” rating for the company in a research report on Tuesday, October 22nd.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Plato Investment Management Ltd acquired a new stake in shares of TFI International in the 3rd quarter valued at $134,000. iA Global Asset Management Inc. purchased a new position in TFI International in the second quarter valued at $240,000. Entropy Technologies LP acquired a new stake in TFI International in the third quarter valued at $643,000. Public Employees Retirement System of Ohio purchased a new stake in TFI International during the 3rd quarter worth about $2,373,000. Finally, NewGen Asset Management Ltd boosted its position in shares of TFI International by 5.3% during the 2nd quarter. NewGen Asset Management Ltd now owns 20,000 shares of the company’s stock worth $2,903,000 after acquiring an additional 1,000 shares in the last quarter. Institutional investors and hedge funds own 73.30% of the company’s stock.

TFI International Stock Up 1.9 %

TFII stock opened at $141.35 on Thursday. The firm has a market cap of $11.96 billion, a PE ratio of 25.70, a PEG ratio of 1.97 and a beta of 1.56. TFI International has a one year low of $126.00 and a one year high of $162.13. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.96 and a current ratio of 0.98. The firm’s 50 day moving average price is $144.22 and its 200-day moving average price is $144.68.

TFI International (NYSE:TFII) last posted its earnings results on Monday, October 21st. The company reported $1.60 EPS for the quarter, missing analysts’ consensus estimates of $1.79 by ($0.19). The business had revenue of $2.18 billion during the quarter, compared to analysts’ expectations of $2.28 billion. TFI International had a net margin of 5.67% and a return on equity of 20.25%. During the same quarter in the prior year, the firm earned $1.57 EPS. On average, equities research analysts anticipate that TFI International will post 6.26 EPS for the current year.

TFI International Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be issued a $0.45 dividend. This is a boost from TFI International’s previous quarterly dividend of $0.40. The ex-dividend date is Tuesday, December 31st. This represents a $1.80 annualized dividend and a yield of 1.27%. TFI International’s dividend payout ratio (DPR) is 32.73%.

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.