Alain Bédard Sells 11,700 Shares of TFI International (TSE:TFII) Stock

TFI International Inc. (TSE:TFII) Director Alain Bédard sold 11,700 shares of TFI International stock in a transaction on Thursday, May 14th. The shares were sold at an average price of C$197.31, for a total transaction of C$2,308,527.00. Following the completion of the sale, the director directly owned 213,509 shares of the company’s stock, valued at approximately C$42,127,460.79. The trade was a 5.20% decrease in their position.

TFI International Stock Up 6.3%

TFII traded up C$11.58 during trading on Thursday, hitting C$195.19. 234,561 shares of the company’s stock were exchanged, compared to its average volume of 231,089. TFI International Inc. has a fifty-two week low of C$113.72 and a fifty-two week high of C$203.93. The stock has a market cap of C$16.04 billion, a P/E ratio of 54.37, a PEG ratio of 1.01 and a beta of 1.49. The business’s 50 day moving average is C$165.04 and its two-hundred day moving average is C$150.55. The company has a quick ratio of 1.18, a current ratio of 1.07 and a debt-to-equity ratio of 119.57.

TFI International (TSE:TFII) last posted its earnings results on Monday, April 27th. The company reported C$0.96 earnings per share for the quarter. TFI International had a net margin of 3.79% and a return on equity of 11.18%. The company had revenue of C$2.71 billion for the quarter. As a group, equities analysts expect that TFI International Inc. will post 12.2345048 earnings per share for the current fiscal year.

TFI International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Wednesday, April 15th were given a dividend of $0.47 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $1.88 annualized dividend and a dividend yield of 1.0%. TFI International’s payout ratio is presently 51.25%.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on TFII. Citigroup upped their target price on shares of TFI International from C$143.00 to C$144.00 and gave the stock a “buy” rating in a research note on Tuesday, April 7th. Scotiabank upped their price objective on shares of TFI International from C$170.00 to C$200.00 in a research report on Tuesday, April 28th. Stifel Nicolaus lifted their target price on shares of TFI International from C$100.00 to C$113.00 in a research report on Wednesday, January 21st. Desjardins boosted their target price on TFI International from C$183.00 to C$221.00 and gave the stock a “buy” rating in a research note on Tuesday, April 28th. Finally, National Bank Financial increased their price target on TFI International from C$190.00 to C$208.00 and gave the company an “outperform” rating in a research report on Tuesday, April 28th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, TFI International presently has an average rating of “Moderate Buy” and an average target price of C$177.20.

TFI International Company Profile

TFI International Inc is a North American leader in the transportation and logistics industry, operating across the United States,Canada and Mexico through its subsidiaries. TFI International creates value for shareholders by identifying strategic acquisitions and managing a growing network of wholly-owned operating subsidiaries. Under the TFI International umbrella, companies benefit from financial and operational resources to build their businesses and increase their efficiency. TFI International companies service the following segments: Less-Than-Truckload; Truckload; Logistics.