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

TFI International Inc. (NYSE:TFII) has received an average recommendation of “Hold” from the nineteen brokerages that are presently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation and ten have issued a buy recommendation on the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $127.75.

TFII has been the subject of a number of research analyst reports. Scotiabank reissued a “sector perform” rating on shares of TFI International in a research report on Wednesday, January 21st. Susquehanna raised their price target on TFI International from $123.00 to $134.00 and gave the company a “positive” rating in a research report on Thursday, February 19th. Bank of America upgraded TFI International from an “underperform” rating to a “neutral” rating and lifted their price objective for the stock from $111.00 to $123.00 in a research note on Thursday, February 19th. The Goldman Sachs Group boosted their price objective on TFI International from $116.00 to $128.00 and gave the stock a “buy” rating in a research report on Thursday, February 19th. Finally, UBS Group increased their target price on TFI International from $101.00 to $110.00 and gave the company a “neutral” rating in a research note on Thursday, February 19th.

Institutional Investors Weigh In On TFI International

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Baillie Gifford & Co. increased its position in TFI International by 1.0% during the fourth quarter. Baillie Gifford & Co. now owns 1,029,871 shares of the company’s stock worth $106,590,000 after acquiring an additional 10,693 shares during the period. Dixon Mitchell Investment Counsel Inc. raised its stake in TFI International by 11.5% during the 3rd quarter. Dixon Mitchell Investment Counsel Inc. now owns 912,039 shares of the company’s stock valued at $80,718,000 after purchasing an additional 93,705 shares during the last quarter. Geode Capital Management LLC boosted its holdings in TFI International by 5.5% in the 4th quarter. Geode Capital Management LLC now owns 733,510 shares of the company’s stock valued at $76,293,000 after purchasing an additional 38,200 shares during the period. QV Investors Inc. boosted its holdings in TFI International by 25.1% in the 3rd quarter. QV Investors Inc. now owns 441,478 shares of the company’s stock valued at $38,862,000 after purchasing an additional 88,697 shares during the period. Finally, Baskin Financial Services Inc. grew its position in TFI International by 1.7% in the 3rd quarter. Baskin Financial Services Inc. now owns 427,359 shares of the company’s stock worth $37,582,000 after purchasing an additional 7,207 shares during the last quarter. Institutional investors and hedge funds own 73.30% of the company’s stock.

TFI International Trading Down 0.1%

NYSE:TFII opened at $100.70 on Friday. The company’s 50 day moving average is $113.60 and its 200-day moving average is $100.83. The company has a quick ratio of 1.02, a current ratio of 1.03 and a debt-to-equity ratio of 0.88. TFI International has a 12 month low of $72.02 and a 12 month high of $127.44. The firm has a market cap of $8.27 billion, a price-to-earnings ratio of 27.07, a P/E/G ratio of 1.27 and a beta of 1.53.

TFI International (NYSE:TFII) last posted its quarterly earnings data on Tuesday, February 17th. The company reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.85 by $0.24. TFI International had a net margin of 3.94% and a return on equity of 13.73%. The business had revenue of $1.91 billion during the quarter, compared to the consensus estimate of $1.37 billion. Equities analysts anticipate that TFI International will post 7.76 EPS for the current year.

TFI International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be issued a dividend of $0.47 per share. The ex-dividend date is Tuesday, March 31st. This represents a $1.88 dividend on an annualized basis and a dividend yield of 1.9%. TFI International’s payout ratio is 50.54%.

About TFI International

TFI International Inc (NYSE: TFII) is a leading North American transport and logistics company headquartered in Montreal, Quebec. The company operates through a network of subsidiaries that provide truckload, less-than-truckload (LTL), specialized freight, package and courier, and logistics services. By integrating these operations, TFI delivers comprehensive end-to-end solutions, including long-haul and regional transportation, expedited delivery, warehousing, and cross-border freight movement.

Originally founded in 1957 as a regional trucking outfit in Cabano, Quebec, TFI International has expanded significantly through a disciplined acquisition strategy.