TFI International Inc. (TSE:TFII) Given Consensus Rating of “Hold” by Brokerages

TFI International Inc. (TSE:TFII) has earned a consensus recommendation of “Hold” from the seven brokerages that are currently covering the company, MarketBeat reports. Four investment analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is C$200.71.

A number of equities analysts recently commented on the company. Desjardins lowered TFI International from a “buy” rating to a “hold” rating and lifted their price objective for the stock from C$207.00 to C$219.00 in a research note on Wednesday, July 17th. National Bankshares downgraded shares of TFI International from an “outperform” rating to a “sector perform” rating and boosted their price target for the stock from C$217.00 to C$221.00 in a research report on Monday, July 29th. Scotiabank increased their price objective 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. Finally, Cormark boosted their target price on shares of TFI International from C$230.00 to C$240.00 in a report on Monday, July 29th.

TFI International Stock Up 2.6 %

Shares of TSE:TFII opened at C$193.55 on Thursday. The business has a fifty day simple moving average of C$203.03 and a 200 day simple moving average of C$198.95. TFI International has a 12-month low of C$144.42 and a 12-month high of C$220.93. The firm has a market cap of C$16.37 billion, a P/E ratio of 25.88, a P/E/G ratio of 1.01 and a beta of 1.39. The company has a quick ratio of 1.18, a current ratio of 0.94 and a debt-to-equity ratio of 123.42.

TFI International Announces Dividend

The business 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. The ex-dividend date was Friday, June 28th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.83%. TFI International’s dividend payout ratio (DPR) is presently 29.14%.

Insider Activity at TFI International

In related news, Director Steven Brookshaw sold 6,577 shares of the company’s stock in a transaction that occurred on Monday, June 24th. The stock was sold at an average price of C$187.89, for a total transaction of C$1,235,739.38. In other TFI International news, Director Steven Brookshaw sold 6,577 shares of the business’s stock in a transaction on Monday, June 24th. The shares were sold at an average price of C$187.89, for a total transaction of C$1,235,739.38. Also, Senior Officer David Joseph Saperstein sold 2,000 shares of the company’s stock in a transaction on Thursday, August 15th. The stock was sold at an average price of C$205.00, for a total transaction of C$410,000.00. 5.97% of the stock is currently owned by corporate insiders.

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.