Stifel Nicolaus Lowers TFI International (NYSE:TFII) Price Target to $158.00

TFI International (NYSE:TFII) had its price target decreased by Stifel Nicolaus from $162.00 to $158.00 in a research report report published on Monday morning, Benzinga reports. Stifel Nicolaus currently has a buy rating on the stock.

TFII has been the subject of several other research reports. Cormark raised shares of TFI International from a “hold” rating to a “moderate buy” rating in a research report on Monday, July 15th. Royal Bank of Canada increased their target price on TFI International from $162.00 to $171.00 and gave the stock an “outperform” rating in a report on Monday, July 29th. National Bank Financial lowered TFI International from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 26th. TD Cowen upped their price target on TFI International from $176.00 to $184.00 and gave the company a “buy” rating in a research report on Monday, July 29th. Finally, Bank of America lifted their price objective on shares of TFI International from $148.00 to $165.00 and gave the stock a “neutral” rating in a report on Monday, July 22nd. Seven analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $167.94.

TFI International Trading Up 2.5 %

NYSE:TFII opened at $134.94 on Monday. TFI International has a one year low of $104.91 and a one year high of $162.13. The business’s 50-day simple moving average is $142.35 and its 200 day simple moving average is $142.88. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.92 and a current ratio of 0.98. The stock has a market cap of $11.42 billion, a price-to-earnings ratio of 24.53, a price-to-earnings-growth ratio of 1.50 and a beta of 1.55.

TFI International (NYSE:TFII) last released its earnings results on Monday, October 21st. The company reported $1.60 EPS for the quarter, missing the consensus estimate of $1.79 by ($0.19). TFI International had a net margin of 5.67% and a return on equity of 20.25%. The business had revenue of $2.18 billion for the quarter, compared to analysts’ expectations of $2.28 billion. During the same quarter last year, the company posted $1.57 earnings per share. As a group, sell-side analysts predict that TFI International will post 6.64 earnings per share for the current fiscal year.

TFI International Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be paid a $0.45 dividend. This is a boost from TFI International’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $1.80 annualized dividend and a dividend yield of 1.33%. TFI International’s dividend payout ratio is presently 29.09%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Dixon Mitchell Investment Counsel Inc. grew its position in TFI International by 0.4% in the 3rd quarter. Dixon Mitchell Investment Counsel Inc. now owns 539,815 shares of the company’s stock valued at $74,242,000 after buying an additional 1,980 shares in the last quarter. Vaughan Nelson Investment Management L.P. bought a new stake in shares of TFI International during the 1st quarter worth about $42,583,000. Hood River Capital Management LLC lifted its stake in shares of TFI International by 6.6% in the 1st quarter. Hood River Capital Management LLC now owns 226,888 shares of the company’s stock worth $36,180,000 after acquiring an additional 13,995 shares during the period. QV Investors Inc. bought a new position in shares of TFI International in the third quarter valued at approximately $29,891,000. Finally, Sumitomo Mitsui Trust Holdings Inc. increased its stake in shares of TFI International by 1.7% during the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 174,215 shares of the company’s stock valued at $27,798,000 after acquiring an additional 2,914 shares during the period. 73.30% of the stock is owned by institutional investors and hedge funds.

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.