TFI International (TFII) Set to Announce Quarterly Earnings on Thursday

TFI International (NYSE:TFII) is set to issue its quarterly earnings data after the market closes on Thursday, July 25th. Analysts expect the company to announce earnings of $1.67 per share for the quarter.

TFI International (NYSE:TFII) last issued its earnings results on Thursday, April 25th. The company reported $1.24 earnings per share for the quarter, missing analysts’ consensus estimates of $1.39 by ($0.15). TFI International had a net margin of 6.44% and a return on equity of 20.39%. The firm had revenue of $1.87 billion for the quarter, compared to the consensus estimate of $1.89 billion. 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 Price Performance

TFII opened at $153.90 on Wednesday. The company has a market capitalization of $13.02 billion, a price-to-earnings ratio of 27.34, a PEG ratio of 1.65 and a beta of 1.56. The company has a current ratio of 1.66, a quick ratio of 1.64 and a debt-to-equity ratio of 0.86. TFI International has a 12-month low of $104.91 and a 12-month high of $162.13. The business’s fifty day simple moving average is $141.36 and its 200-day simple moving average is $143.37.

TFI International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, July 15th. Shareholders of record on Friday, June 28th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 1.04%. The ex-dividend date was Friday, June 28th. TFI International’s dividend payout ratio (DPR) is 28.60%.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on TFII. Desjardins downgraded shares of TFI International from a “buy” rating to a “hold” rating in a research note on Wednesday, July 17th. TD Cowen reduced their price target on TFI International from $178.00 to $176.00 and set a “buy” rating for the company in a research report on Monday, April 29th. National Bank Financial raised TFI International from a “sector perform under weight” rating to an “outperfrom under weight” rating in a research report on Friday, April 26th. Royal Bank of Canada reduced their target price on shares of TFI International from $173.00 to $162.00 and set an “outperform” rating for the company in a report on Monday, April 29th. Finally, Bank of America raised their price target on shares of TFI International from $148.00 to $165.00 and gave the company a “neutral” rating in a report on Monday. Four analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. According to data from MarketBeat, TFI International has an average rating of “Moderate Buy” and a consensus price target of $161.47.

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.