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

TFI International (NYSE:TFII) had its target price cut by Citigroup from $157.00 to $123.00 in a research note published on Monday morning, Marketbeat.com reports. They currently have a buy rating on the stock.

Several other equities analysts also recently commented on TFII. Wall Street Zen lowered TFI International from a “strong-buy” rating to a “buy” rating in a research report on Saturday, October 10th. Bank of America raised their target price on shares of TFI International from $178.00 to $187.00 and gave the company a “buy” rating in a report on Tuesday, July 28th. National Bank Financial reduced their target price on shares of TFI International from $161.00 to $148.00 and set an “outperform” rating on the stock in a report on Tuesday, October 6th. Stephens decreased their price target on shares of TFI International from $160.00 to $140.00 and set an “overweight” rating for the company in a research note on Monday. Finally, Zacks Research cut shares of TFI International from a “strong-buy” rating to a “hold” rating in a report on Monday, September 28th. Sixteen research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $145.32.

TFI International Stock Performance

Shares of TFI International stock opened at $100.19 on Monday. The stock has a market capitalization of $8.20 billion, a price-to-earnings ratio of 23.14, a price-to-earnings-growth ratio of 0.76 and a beta of 1.67. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.11 and a quick ratio of 1.10. The business has a 50-day moving average of $119.90 and a 200 day moving average of $129.04. TFI International has a 12 month low of $80.63 and a 12 month high of $167.69.

TFI International (NYSE:TFII) last issued its quarterly earnings results on Thursday, October 29th. The company reported $1.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.75 by ($0.08). The business had revenue of $2.23 billion for the quarter, compared to analyst estimates of $2.23 billion. TFI International had a return on equity of 16.05% and a net margin of 4.26%. As a group, sell-side analysts forecast that TFI International will post 5.62 earnings per share for the current year.

Hedge Funds Weigh In On TFI International

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Nykredit A S purchased a new position in TFI International in the second quarter valued at approximately $3,031,000. Caisse de depot et placement du Quebec acquired a new stake in TFI International during the second quarter worth approximately $910,995,000. TD Waterhouse Canada Inc. lifted its position 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. Hill City Capital LP purchased a new stake in shares of TFI International during the 2nd quarter worth approximately $20,817,650. Finally, BlackRock Inc. acquired a new position in shares of TFI International in the 2nd quarter valued at $14,341,000. 73.30% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting TFI International

Here are the key news stories impacting TFI International this week:

• Positive Sentiment: Directors buying shares can indicate confidence in the company’s outlook and may provide a supportive signal to investors. Directors buying at TFI International (TFII)
• Neutral Sentiment: Veritas began coverage with a Hold rating, indicating a wait-and-see stance rather than a clear endorsement or bearish call. Veritas stock recommendations
• Negative Sentiment: Multiple firms—including TD Cowen, Stephens, Citigroup, RBC Dominion Securities, and Canadian Imperial Bank of Commerce—cut their expectations or price targets for TFI International. The cluster of downward revisions may weigh on sentiment, although the headlines do not specify the new targets or analysts’ reasoning. TD Cowen lowers expectations Stephens lowers expectations Citigroup lowers expectations RBC Dominion Securities lowers expectations CIBC cuts price target Royal Bank of Canada lowers expectations
• Negative Sentiment: A Seeking Alpha analysis characterizes TFI as having “two good businesses” and “a broken one,” raising concerns about uneven performance across its operations. The headline alone does not provide details of the analysis. TFI International: Two Good Businesses…And A Broken One

About TFI International

TFI International Inc is a North American transportation and logistics company headquartered in Saint-Laurent, Quebec. The company provides a broad range of freight and supply chain services through a network of operating companies in Canada and the United States.

Its business activities include package and courier delivery, less-than-truckload and truckload transportation, freight brokerage, logistics, warehousing, and specialized services. TFI International also serves niche transportation markets, including waste management, environmental services, and other specialized freight requirements.

The company traces its origins to 1957 and has expanded through organic growth and acquisitions.