TFI International (TSE:TFII) Director Frank Paglia Sells 600 Shares of Stock

TFI International Inc. (TSE:TFII) Director Frank Paglia sold 600 shares of TFI International stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of C$194.90, for a total value of C$116,940.00. Following the transaction, the director directly owned 6,947 shares in the company, valued at approximately C$1,353,970.30. This trade represents a 7.95% decrease in their position.

TFI International Trading Up 6.7%

TSE:TFII opened at C$195.90 on Friday. The company has a debt-to-equity ratio of 119.57, a current ratio of 1.07 and a quick ratio of 1.18. 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’s 50-day moving average is C$165.72 and its two-hundred day moving average is C$151.04. The stock has a market cap of C$16.10 billion, a PE ratio of 54.57, a price-to-earnings-growth ratio of 1.01 and a beta of 1.49.

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

TFI International Dividend Announcement

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

Analyst Upgrades and Downgrades

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

About TFI International

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.