TFI International Inc. (TSE:TFII) Senior Officer Sells C$410,000.00 in Stock

TFI International Inc. (TSE:TFII) Senior Officer David Joseph Saperstein sold 2,000 shares of TFI International stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of C$205.00, for a total transaction of C$410,000.00.

TFI International Trading Down 1.2 %

Shares of TFII stock opened at C$200.88 on Friday. The stock’s 50-day moving average price is C$201.26 and its 200-day moving average price is C$198.06. TFI International Inc. has a 12-month low of C$144.42 and a 12-month high of C$220.93. The stock has a market capitalization of C$16.99 billion, a price-to-earnings ratio of 26.43, a price-to-earnings-growth ratio of 1.01 and a beta of 1.40. The company has a current ratio of 0.94, a quick ratio of 1.18 and a debt-to-equity ratio of 123.42.

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 issued a dividend of $0.40 per share. The ex-dividend date was Friday, June 28th. This represents a $1.60 annualized dividend and a dividend yield of 0.80%. TFI International’s dividend payout ratio (DPR) is 28.68%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on TFII shares. Desjardins downgraded shares of TFI International from a “buy” rating to a “hold” rating and raised their price objective for the company from C$207.00 to C$219.00 in a research report on Wednesday, July 17th. CIBC decreased their price target on TFI International from C$175.00 to C$172.00 and set an “outperform” rating on the stock in a report on Monday, April 29th. Cormark upped their price objective on TFI International from C$230.00 to C$240.00 in a research note on Monday, July 29th. National Bankshares downgraded TFI International from an “outperform” rating to a “sector perform” rating and lifted their target price for the company from C$217.00 to C$221.00 in a research note on Monday, July 29th. Finally, Scotiabank boosted their price target on TFI International from C$245.00 to C$250.00 and gave the stock an “outperform” rating in a report on Monday, July 29th. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of C$200.71.

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.