Alain Bédard Sells 2,543 Shares of TFI International (TSE:TFII) Stock

TFI International Inc. (TSE:TFII) Director Alain Bédard sold 2,543 shares of the firm’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of C$226.29, for a total value of C$575,455.47. Following the transaction, the director owned 190,000 shares in the company, valued at approximately C$42,995,100. The trade was a 1.32% 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 stock was 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 stock was 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 stock was sold at an average price of C$222.06, for a total value of C$1,232,433.00.
• On Tuesday, June 9th, Alain Bédard sold 5,000 shares of TFI International stock. The stock was sold at an average price of C$231.93, for a total value of C$1,159,650.00.
• On Tuesday, June 9th, Alain Bédard sold 10,000 shares of TFI International stock. The stock was sold at an average price of C$231.93, for a total value of C$2,319,300.00.
• 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 Trading Down 2.2%

Shares of TFI International stock traded down C$4.90 during trading on Tuesday, reaching C$222.97. 297,962 shares of the stock were exchanged, compared to its average volume of 236,846. The company has a quick ratio of 1.18, a current ratio of 1.07 and a debt-to-equity ratio of 119.57. The stock’s fifty day moving average is C$187.56 and its 200 day moving average is C$161.51. The firm has a market cap of C$18.33 billion, a price-to-earnings ratio of 62.11, a price-to-earnings-growth ratio of 1.01 and a beta of 1.75. TFI International Inc. has a 1 year low of C$113.72 and a 1 year high of C$233.85.

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. The company had revenue of C$2.71 billion during the quarter. TFI International had a net margin of 3.79% and a return on equity of 11.18%. As a group, equities research analysts expect that TFI International Inc. will post 12.2345048 earnings per share for the current fiscal year.

TFI International Announces Dividend

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

Wall Street Analysts Forecast Growth

TFII has been the subject of a number of recent analyst reports. Scotiabank upped their target price on TFI International from C$170.00 to C$200.00 in a report on Tuesday, April 28th. Desjardins upped their price objective on shares of TFI International from C$183.00 to C$221.00 and gave the stock a “buy” rating in a report on Tuesday, April 28th. Citigroup raised 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 report on Tuesday, April 7th. Finally, National Bank Financial raised their target price on shares of TFI International from C$190.00 to C$208.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 28th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently 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.