TFI International (TSE:TFII) Director Buys C$209,408.00 in Stock

TFI International Inc. (TSE:TFII) Director Debra Kelly-Ennis purchased 1,600 shares of the business’s stock in a transaction dated Monday, November 2nd. The shares were purchased at an average cost of C$130.88 per share, with a total value of C$209,408.00. Following the completion of the purchase, the director directly owned 11,307 shares in the company, valued at approximately C$1,479,860.16. This represents a 16.48% increase in their ownership of the stock.

TFI International Stock Down 3.1%

Shares of TFI International stock opened at C$135.67 on Friday. The firm has a market cap of C$11.15 billion, a price-to-earnings ratio of 31.41, a P/E/G ratio of 1.01 and a beta of 1.80. The company has a debt-to-equity ratio of 106.02, a current ratio of 1.11 and a quick ratio of 1.18. TFI International Inc. has a 52-week low of C$113.72 and a 52-week high of C$233.85. The stock has a 50-day simple moving average of C$167.27 and a 200-day simple moving average of C$179.24.

TFI International (TSE:TFII) last announced its quarterly earnings results on Thursday, October 29th. The company reported C$2.38 EPS for the quarter. The business had revenue of C$3.18 billion during the quarter. TFI International had a return on equity of 12.95% and a net margin of 4.22%. On average, equities research analysts expect that TFI International Inc. will post 12.23 earnings per share for the current fiscal year.

TFI International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Thursday, October 15th were paid a $0.47 dividend. The ex-dividend date was Tuesday, September 29th. This represents a $1.88 dividend on an annualized basis and a yield of 1.4%. TFI International’s payout ratio is 43.52%.

Wall Street Analyst Weigh In

Several brokerages have recently commented on TFII. National Bank Financial dropped their price target on shares of TFI International from C$208.00 to C$160.00 and set an “outperform” rating on the stock in a research note on Friday, July 10th. Desjardins raised their price target on shares of TFI International from C$221.00 to C$245.00 and gave the company a “buy” rating in a report on Tuesday, July 28th. Finally, Scotiabank reduced their price objective on shares of TFI International from C$263.00 to C$235.00 and set a “sector outperform” rating for the company in a research note on Thursday, October 15th. Four equities research analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of C$179.40.

TFI International Company Profile

TFI International Inc is a North American leader in the transportation and logistics industry, operating across the United States,Canada and Mexico through its subsidiaries. TFI International creates value for shareholders by identifying strategic acquisitions and managing a growing network of wholly-owned operating subsidiaries. Under the TFI International umbrella, companies benefit from financial and operational resources to build their businesses and increase their efficiency. TFI International companies service the following segments: Less-Than-Truckload; Truckload; Logistics.