TFI International (NYSE:TFII) Stock Gets Price Target Cut from Citigroup

TFI International (NYSE:TFII – Free Report) had its price target reduced by Citigroup from $180.00 to $157.00 in a research report sent to investors on Wednesday, MarketBeat reports. They currently have a buy rating on the stock.

A number of other analysts have also recently commented on TFII. UBS Group lifted their price objective on TFI International from $154.00 to $159.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 28th. Wall Street Zen upgraded shares of TFI International from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 1st. BMO Capital Markets reaffirmed a “market perform” rating on shares of TFI International in a research note on Wednesday. Morgan Stanley raised their price target on shares of TFI International from $175.00 to $190.00 and gave the stock an “overweight” rating in a research note on Monday, July 6th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of TFI International in a research report on Monday, September 21st. Fourteen research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $167.94.

Check Out Our Latest Stock Report on TFI International

TFI International Stock Down 0.9%

TFII stock opened at $114.12 on Wednesday. The company’s 50 day simple moving average is $131.14 and its 200-day simple moving average is $136.69. The firm has a market capitalization of $9.38 billion, a PE ratio of 28.04, a P/E/G ratio of 0.72 and a beta of 1.63. TFI International has a 12 month low of $80.63 and a 12 month high of $167.69. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.09 and a quick ratio of 1.08.

TFI International (NYSE:TFII – Get Free Report) last issued its quarterly earnings data on Monday, July 27th. The company reported $1.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.59 by $0.26. The firm had revenue of $2.29 billion during the quarter, compared to the consensus estimate of $2.23 billion. TFI International had a return on equity of 14.87% and a net margin of 4.14%. TFI International has set its Q3 2026 guidance at 1.700-1.800 EPS. Equities analysts expect that TFI International will post 6.04 earnings per share for the current fiscal year.

TFI International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be paid a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Wednesday, September 30th. TFI International’s dividend payout ratio (DPR) is presently 46.19%.

Institutional Trading of TFI International

Several hedge funds and other institutional investors have recently added to or reduced their stakes in TFII. Nykredit A S purchased a new position in TFI International during the second quarter worth approximately $3,031,000. Caisse de depot et placement du Quebec purchased a new stake in shares of TFI International during the 2nd quarter valued at $910,995,000. Hill City Capital LP purchased a new stake in shares of TFI International during the 2nd quarter valued at $20,817,650. BlackRock Inc. acquired a new stake in shares of TFI International during the 2nd quarter worth $14,341,000. Finally, TD Waterhouse Canada Inc. increased its holdings in shares of TFI International by 10.4% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 250,009 shares of the company’s stock worth $34,207,000 after buying an additional 23,597 shares during the last quarter. Hedge funds and other institutional investors own 73.30% of the company’s stock.

TFI International Company Profile

(Get Free Report)

TFI International Inc is a transportation and logistics company headquartered in Saint-Laurent, Quebec. Through its operating companies, TFI International provides freight transportation, logistics and related services across North America, with operations serving Canada, the United States and Mexico.

The company’s principal activities include less-than-truckload and truckload transportation, package and courier delivery, last-mile services, specialized transportation and logistics. Its specialized operations support industries and customers requiring services such as expedited delivery, freight brokerage, final-mile distribution, household moving and handling of specialized or regulated cargo.

TFI International traces its roots to 1957 and was previously known as TransForce Inc The company adopted the TFI International name in 2016 as part of a broader effort to reflect the scope of its transportation and logistics operations.

Further Reading

Analyst Recommendations for TFI International (NYSE:TFII)

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