TFI International (TSE:TFII) Director Sells C$2,319,300.00 in Stock

TFI International Inc. (TSE:TFII) Director Alain Bédard sold 10,000 shares of TFI International stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of C$231.93, for a total value of C$2,319,300.00. Following the transaction, the director owned 180,000 shares in the company, valued at approximately C$41,747,400. This trade represents a 5.26% decrease in their ownership of the stock.

Alain Bédard also recently made the following trade(s):

• On Friday, June 5th, Alain Bédard sold 8,834 shares of TFI International stock. The shares were sold at an average price of C$222.06, for a total value of C$1,961,678.04.
• On Friday, June 5th, Alain Bédard sold 7,466 shares of TFI International stock. The shares were sold at an average price of C$222.06, for a total value of C$1,657,899.96.
• On Friday, June 5th, Alain Bédard sold 5,550 shares of TFI International stock. The shares were sold at an average price of C$222.06, for a total value of C$1,232,433.00.
• On Monday, June 8th, Alain Bédard sold 2,543 shares of TFI International stock. The shares were sold at an average price of C$226.29, for a total value of C$575,455.47.
• On Tuesday, June 9th, Alain Bédard sold 5,000 shares of TFI International stock. The shares were sold at an average price of C$231.93, for a total value of C$1,159,650.00.
• On Thursday, May 28th, Alain Bédard sold 13,500 shares of TFI International stock. The stock was sold at an average price of C$206.50, for a total value of C$2,787,750.00.
• On Thursday, May 14th, Alain Bédard sold 11,700 shares of TFI International stock. The stock was sold at an average price of C$197.31, for a total value of C$2,308,527.00.

TFI International Stock Down 2.2%

TSE TFII traded down C$4.90 on Tuesday, reaching C$222.97. The stock had a trading volume of 297,962 shares, compared to its average volume of 236,846. The business has a 50 day moving average price of C$187.56 and a 200 day moving average price of C$161.51. The company has a current ratio of 1.07, a quick ratio of 1.18 and a debt-to-equity ratio of 119.57. TFI International Inc. has a 1 year low of C$113.72 and a 1 year high of C$233.85. The company has a market capitalization of C$18.33 billion, a price-to-earnings ratio of 62.11, a P/E/G ratio of 1.01 and a beta of 1.75.

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

TFI International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 15th were paid a $0.47 dividend. The ex-dividend date was Tuesday, March 31st. This represents a $1.88 dividend on an annualized basis and a yield of 0.8%. TFI International’s payout ratio is 51.25%.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on TFII shares. Citigroup raised their target price 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. National Bank Financial raised their price objective on TFI International from C$190.00 to C$208.00 and gave the company an “outperform” rating in a research note on Tuesday, April 28th. Scotiabank raised their price objective on TFI International from C$170.00 to C$200.00 in a research note on Tuesday, April 28th. Finally, Desjardins raised their price objective on TFI International from C$183.00 to C$221.00 and gave the company a “buy” rating in a research note 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 stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target 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.