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

TFI International Inc. (NYSE:TFII) has earned a consensus rating of “Moderate Buy” from the seventeen brokerages that are presently covering the stock, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $161.47.

A number of equities analysts have recently weighed in on the stock. National Bank Financial raised shares of TFI International from a “sector perform under weight” rating to an “outperfrom under weight” rating in a research report on Friday, April 26th. The Goldman Sachs Group lifted their price target on shares of TFI International from $157.00 to $173.00 and gave the stock a “buy” rating in a research report on Thursday, April 11th. TD Cowen reduced their price target on shares of TFI International from $178.00 to $176.00 and set a “buy” rating on the stock in a research report on Monday, April 29th. Desjardins cut shares of TFI International from a “buy” rating to a “hold” rating in a research report on Wednesday, July 17th. Finally, Bank of America boosted their price target on shares of TFI International from $148.00 to $165.00 and gave the stock a “neutral” rating in a research report on Monday, July 22nd.

TFI International Price Performance

TFII opened at $153.78 on Monday. The company has a fifty day moving average price of $142.49 and a two-hundred day moving average price of $143.80. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.92 and a current ratio of 0.94. TFI International has a 52 week low of $104.91 and a 52 week high of $162.13. The firm has a market capitalization of $13.01 billion, a PE ratio of 27.31, a P/E/G ratio of 1.65 and a beta of 1.56.

TFI International (NYSE:TFII) last released its earnings results on Thursday, July 25th. The company reported $1.71 EPS for the quarter, topping analysts’ consensus estimates of $1.61 by $0.10. TFI International had a net margin of 5.93% and a return on equity of 20.48%. The firm had revenue of $2.26 billion during the quarter, compared to analyst estimates of $2.28 billion. During the same quarter in the previous year, the business earned $1.59 EPS. The business’s quarterly revenue was up 26.4% compared to the same quarter last year. As a group, analysts anticipate that TFI International will post 6.74 earnings per share for the current year.

TFI International Announces Dividend

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Vaughan Nelson Investment Management L.P. bought a new stake in TFI International in the 1st quarter valued at about $42,583,000. Argent Capital Management LLC boosted its holdings in TFI International by 793.1% in the 1st quarter. Argent Capital Management LLC now owns 181,407 shares of the company’s stock valued at $28,927,000 after purchasing an additional 161,094 shares during the period. Mediolanum International Funds Ltd bought a new stake in TFI International in the 1st quarter valued at about $10,118,000. CDAM UK Ltd boosted its holdings in TFI International by 6.9% in the 4th quarter. CDAM UK Ltd now owns 381,912 shares of the company’s stock valued at $51,932,000 after purchasing an additional 24,730 shares during the period. Finally, AGF Management Ltd. boosted its holdings in TFI International by 67.5% in the 4th quarter. AGF Management Ltd. now owns 41,139 shares of the company’s stock valued at $5,596,000 after purchasing an additional 16,573 shares during the period. Institutional investors and hedge funds own 73.30% of the company’s stock.

TFI International Company Profile

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.