Susquehanna Cuts TFI International (NYSE:TFII) Price Target to $164.00

TFI International (NYSE:TFII – Free Report) had its price objective reduced by Susquehanna from $185.00 to $164.00 in a report issued on Friday morning, MarketBeat Ratings reports. They currently have a positive rating on the stock.

Several other research analysts also recently issued reports on TFII. BMO Capital Markets restated a “market perform” rating and set a $170.00 price objective (up from $140.00) on shares of TFI International in a research report on Tuesday, June 9th. Citigroup lowered their target price on TFI International from $182.00 to $180.00 and set a “buy” rating on the stock in a report on Tuesday, July 28th. Scotiabank reissued an “outperform” rating on shares of TFI International in a research report on Tuesday, July 28th. Bank of America boosted their price target on TFI International from $178.00 to $187.00 and gave the stock a “buy” rating in a report on Tuesday, July 28th. Finally, National Bank Financial upped their price objective on TFI International from $160.00 to $161.00 and gave the company an “outperform” rating in a research report on Tuesday, July 28th. Fourteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $172.94.

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TFI International Price Performance

Shares of NYSE TFII opened at $118.66 on Friday. The stock has a market cap of $9.75 billion, a price-to-earnings ratio of 29.15, a PEG ratio of 0.74 and a beta of 1.63. TFI International has a 52 week low of $80.63 and a 52 week high of $167.69. The company’s 50-day moving average price is $133.82 and its 200 day moving average price is $136.45. The company has a current ratio of 1.09, a quick ratio of 1.08 and a debt-to-equity ratio of 0.83.

TFI International (NYSE:TFII – Get Free Report) last announced its earnings results on Monday, July 27th. The company reported $1.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.59 by $0.26. The company had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.23 billion. TFI International had a net margin of 4.14% and a return on equity of 14.87%. TFI International has set its Q3 2026 guidance at 1.700-1.800 EPS. As a group, research analysts forecast that TFI International will post 6.06 earnings per share for the current fiscal year.

TFI International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be issued a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Wednesday, September 30th. TFI International’s dividend payout ratio is presently 46.19%.

Institutional Investors Weigh In On TFI International

A number of institutional investors have recently bought and sold shares of the stock. Caisse de depot et placement du Quebec acquired a new position in TFI International during the second quarter worth approximately $910,995,000. Jupiter Topco LLC acquired a new position in shares of TFI International in the 2nd quarter valued at $515,259,000. The Manufacturers Life Insurance Company acquired a new position in shares of TFI International in the 2nd quarter valued at $189,264,000. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of TFI International during the 2nd quarter valued at $136,656,000. Finally, Canada Pension Plan Investment Board purchased a new stake in shares of TFI International during the 2nd quarter valued at $61,329,000. 73.30% of the stock is currently owned by hedge funds and other institutional investors.

About TFI International

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TFI International Inc is a transportation and logistics company headquartered in Saint-Laurent, Quebec. Through its operating companies, TFI International provides freight transportation, logistics and related services across North America, with operations serving Canada, the United States and Mexico.

The company’s principal activities include less-than-truckload and truckload transportation, package and courier delivery, last-mile services, specialized transportation and logistics. Its specialized operations support industries and customers requiring services such as expedited delivery, freight brokerage, final-mile distribution, household moving and handling of specialized or regulated cargo.

TFI International traces its roots to 1957 and was previously known as TransForce Inc The company adopted the TFI International name in 2016 as part of a broader effort to reflect the scope of its transportation and logistics operations.

Further Reading

Analyst Recommendations for TFI International (NYSE:TFII)

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