TFI International (TFII) to Release Quarterly Earnings on Thursday

TFI International (NYSE:TFII) will release its earnings data after the market closes on Thursday, April 25th. Analysts expect TFI International to post earnings of $1.45 per share for the quarter.

TFI International (NYSE:TFII) last posted its quarterly earnings results on Friday, February 9th. The company reported $1.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.67 by $0.04. TFI International had a return on equity of 20.92% and a net margin of 6.71%. The business had revenue of $1.97 billion for the quarter, compared to analyst estimates of $1.95 billion. During the same period in the prior year, the company posted $1.72 EPS. The business’s revenue was up .6% compared to the same quarter last year. On average, analysts expect TFI International to post $7 EPS for the current fiscal year and $9 EPS for the next fiscal year.

TFI International Trading Down 6.7 %

NYSE TFII opened at $144.35 on Thursday. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.23 and a current ratio of 1.25. TFI International has a one year low of $100.96 and a one year high of $162.13. The company has a 50-day simple moving average of $151.95 and a 200-day simple moving average of $133.28. The firm has a market capitalization of $12.21 billion, a PE ratio of 24.85, a price-to-earnings-growth ratio of 4.17 and a beta of 1.52.

TFI International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Thursday, March 28th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.11%. The ex-dividend date was Wednesday, March 27th. TFI International’s dividend payout ratio (DPR) is 27.54%.

Institutional Trading of TFI International

Hedge funds and other institutional investors have recently made changes to their positions in the business. Ensign Peak Advisors Inc boosted its holdings in TFI International by 94.1% during the third quarter. Ensign Peak Advisors Inc now owns 3,300 shares of the company’s stock worth $315,000 after buying an additional 1,600 shares in the last quarter. US Bancorp DE boosted its stake in shares of TFI International by 1,700.8% during the 1st quarter. US Bancorp DE now owns 4,376 shares of the company’s stock worth $466,000 after acquiring an additional 4,133 shares in the last quarter. United Capital Financial Advisers LLC grew its holdings in shares of TFI International by 4.1% in the 2nd quarter. United Capital Financial Advisers LLC now owns 7,738 shares of the company’s stock worth $882,000 after acquiring an additional 303 shares during the last quarter. Neuberger Berman Group LLC raised its position in shares of TFI International by 17.9% during the third quarter. Neuberger Berman Group LLC now owns 33,450 shares of the company’s stock worth $3,106,000 after purchasing an additional 5,068 shares during the period. Finally, Weiss Multi Strategy Advisers LLC raised its position in shares of TFI International by 38.1% during the fourth quarter. Weiss Multi Strategy Advisers LLC now owns 36,000 shares of the company’s stock worth $4,895,000 after purchasing an additional 9,930 shares during the period. 73.30% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

TFII has been the topic of a number of recent research reports. The Goldman Sachs Group raised their target price on TFI International from $157.00 to $173.00 and gave the company a “buy” rating in a research note on Thursday, April 11th. CIBC upped their target price on shares of TFI International from $167.00 to $175.00 and gave the stock an “outperformer” rating in a research report on Tuesday, April 2nd. Stifel Nicolaus lifted their price target on TFI International from $148.00 to $149.00 and gave the company a “buy” rating in a report on Wednesday, January 10th. BMO Capital Markets increased their price objective on TFI International from $130.00 to $140.00 and gave the stock a “market perform” rating in a report on Monday, February 12th. Finally, JPMorgan Chase & Co. cut their target price on TFI International from $133.00 to $132.00 and set an “overweight” rating on the stock in a research note on Thursday, December 21st. Four equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $159.83.

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.