TFI International Inc. (TSE:TFII) Given Average Recommendation of “Hold” by Analysts

TFI International Inc. (TSE:TFII) has been given a consensus recommendation of “Hold” by the seven ratings firms that are presently covering the firm, MarketBeat reports. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is C$200.71.

A number of research analysts recently commented on the stock. Cormark upped their price target on shares of TFI International from C$230.00 to C$240.00 in a research note on Monday, July 29th. CIBC decreased their target price on shares of TFI International from C$175.00 to C$172.00 and set an “outperform” rating on the stock in a research report on Monday, April 29th. Desjardins lowered shares of TFI International from a “buy” rating to a “hold” rating and increased their target price for the stock from C$207.00 to C$219.00 in a research report on Wednesday, July 17th. National Bankshares lowered shares of TFI International from an “outperform” rating to a “sector perform” rating and increased their target price for the stock from C$217.00 to C$221.00 in a research report on Monday, July 29th. Finally, Scotiabank increased their target price on shares of TFI International from C$245.00 to C$250.00 and gave the stock an “outperform” rating in a research report on Monday, July 29th.

Insider Transactions at TFI International

In other TFI International news, Director Alain Bédard sold 15,995 shares of the firm’s stock in a transaction on Wednesday, June 12th. The shares were sold at an average price of C$193.46, for a total value of C$3,094,381.50. In other TFI International news, Director Alain Bédard sold 15,995 shares of the firm’s stock in a transaction on Wednesday, June 12th. The shares were sold at an average price of C$193.46, for a total value of C$3,094,381.50. Also, Director Leslie Abi-Karam purchased 340 shares of TFI International stock in a transaction on Monday, July 29th. The stock was bought at an average price of C$154.09 per share, with a total value of C$52,390.60. Insiders sold a total of 24,572 shares of company stock worth $4,740,121 over the last three months. 5.96% of the stock is owned by company insiders.

TFI International Stock Up 1.7 %

Shares of TFII opened at C$203.37 on Friday. TFI International has a 52 week low of C$144.42 and a 52 week high of C$220.93. The firm has a market cap of C$17.21 billion, a P/E ratio of 26.76, a price-to-earnings-growth ratio of 1.01 and a beta of 1.40. The firm’s 50-day simple moving average is C$201.12 and its 200 day simple moving average is C$197.80. The company has a debt-to-equity ratio of 123.42, a quick ratio of 1.18 and a current ratio of 0.94.

TFI International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, July 15th. Stockholders of record on Monday, July 15th were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 0.79%. The ex-dividend date of this dividend was Friday, June 28th. TFI International’s dividend payout ratio (DPR) is presently 28.68%.

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.