TFI International Inc. (TSE:TFII) Given Average Rating of “Moderate Buy” by Analysts

TFI International Inc. (TSE:TFII) has earned an average recommendation of “Moderate Buy” from the eight analysts that are presently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12-month target price among analysts that have covered the stock in the last year is C$184.88.

TFII has been the subject of several research analyst reports. National Bankshares raised TFI International from a “sector perform” rating to an “outperform” rating and cut their price objective for the stock from C$222.00 to C$217.00 in a research report on Monday, April 29th. CIBC cut their price target on TFI International from C$175.00 to C$172.00 and set an “outperform” rating for the company in a report on Monday, April 29th. Scotiabank cut their price target on TFI International from C$235.00 to C$230.00 and set an “outperform” rating for the company in a report on Monday, April 29th. Royal Bank of Canada upped their price target on TFI International from C$155.00 to C$173.00 and gave the company an “outperform” rating in a report on Tuesday, April 16th. Finally, Desjardins cut their price target on TFI International from C$208.00 to C$207.00 and set a “buy” rating for the company in a report on Monday, June 17th.

TFI International Price Performance

TSE TFII opened at C$198.64 on Friday. TFI International has a twelve month low of C$142.92 and a twelve month high of C$220.93. The company has a debt-to-equity ratio of 113.80, a quick ratio of 1.18 and a current ratio of 1.66. The stock has a market capitalization of C$16.80 billion, a PE ratio of 25.83, a P/E/G ratio of 1.01 and a beta of 1.44. The stock has a 50-day simple moving average of C$187.12 and a 200 day simple moving average of C$190.42.

TFI International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Monday, July 15th will be issued a $0.40 dividend. The ex-dividend date of this dividend is Friday, June 28th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.81%. TFI International’s payout ratio is presently 28.61%.

Insider Transactions at TFI International

In related news, Director John Pratt bought 819 shares of the company’s stock in a transaction dated Friday, April 26th. The stock was acquired at an average cost of C$137.46 per share, with a total value of C$112,580.56. In other TFI International news, Director John Pratt purchased 819 shares of the firm’s stock in a transaction that occurred on Friday, April 26th. The shares were acquired at an average cost of C$137.46 per share, for a total transaction of C$112,580.56. Also, Director Steven Brookshaw sold 6,577 shares of the stock in a transaction that occurred on Monday, June 24th. The stock was sold at an average price of C$187.89, for a total value of C$1,235,739.38. 5.91% of the stock is currently owned by insiders.

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.