Analysts Set TFI International Inc. (NYSE:TFII) Target Price at $161.53

Shares of TFI International Inc. (NYSE:TFII) have been given an average rating of “Moderate Buy” by the seventeen research firms that are covering the company, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and fourteen have given a buy recommendation to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $161.53.

TFII has been the subject of a number of recent research reports. CIBC lowered their price target on shares of TFI International from $172.00 to $167.00 and set an “outperform” rating for the company in a research report on Wednesday, June 12th. TD Cowen dropped their price target on TFI International from $178.00 to $176.00 and set a “buy” rating on the stock in a research report on Monday, April 29th. Royal Bank of Canada reduced their price objective on TFI International from $173.00 to $162.00 and set an “outperform” rating for the company in a research report on Monday, April 29th. The Goldman Sachs Group boosted their target price on TFI International from $157.00 to $173.00 and gave the stock a “buy” rating in a report on Thursday, April 11th. Finally, National Bank Financial upgraded TFI International from a “sector perform under weight” rating to an “outperfrom under weight” rating in a report on Friday, April 26th.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of TFII. CDAM UK Ltd lifted its stake in shares of TFI International by 6.9% in the 4th quarter. CDAM UK Ltd now owns 381,912 shares of the company’s stock worth $51,932,000 after purchasing an additional 24,730 shares during the period. AGF Management Ltd. boosted its stake in shares of TFI International by 67.5% during the 4th quarter. AGF Management Ltd. now owns 41,139 shares of the company’s stock worth $5,596,000 after acquiring an additional 16,573 shares during the last quarter. Campbell & CO Investment Adviser LLC increased its stake in shares of TFI International by 67.0% in the 4th quarter. Campbell & CO Investment Adviser LLC now owns 3,842 shares of the company’s stock worth $522,000 after purchasing an additional 1,542 shares in the last quarter. Clearbridge Investments LLC bought a new position in TFI International in the 4th quarter worth $287,000. Finally, Argent Capital Management LLC lifted its position in TFI International by 2.5% during the fourth quarter. Argent Capital Management LLC now owns 20,313 shares of the company’s stock valued at $2,762,000 after purchasing an additional 494 shares in the last quarter. Institutional investors own 73.30% of the company’s stock.

TFI International Stock Up 0.5 %

Shares of NYSE:TFII opened at $145.84 on Thursday. The firm has a market capitalization of $12.32 billion, a P/E ratio of 25.90, a P/E/G ratio of 1.54 and a beta of 1.55. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.64 and a current ratio of 1.66. The stock has a 50 day moving average price of $136.74 and a 200-day moving average price of $140.99. TFI International has a 52-week low of $104.91 and a 52-week high of $162.13.

TFI International (NYSE:TFII) last posted its quarterly earnings data on Thursday, April 25th. The company reported $1.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.39 by ($0.15). The firm had revenue of $1.87 billion during the quarter, compared to the consensus estimate of $1.89 billion. TFI International had a return on equity of 20.39% and a net margin of 6.44%. As a group, equities research analysts anticipate that TFI International will post 6.83 EPS for the current fiscal year.

TFI International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 15th. Investors of record on Friday, June 28th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.10%. The ex-dividend date of this dividend is Friday, June 28th. TFI International’s payout ratio is currently 28.42%.

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.