TFI International (TSE:TFII) Stock Gets Price Target Trim from Scotiabank

TFI International (TSE:TFII) had its price objective lowered by Scotiabank from C$263.00 to C$235.00 in a research report released on Thursday,BayStreet reports. Scotiabank currently has a sector outperform rating on the stock.

TFII has been the subject of several other research reports. Desjardins lifted their price target on TFI International from C$221.00 to C$245.00 and gave the stock a “buy” rating in a research report on Tuesday, July 28th. National Bank Financial reduced their price objective on TFI International from C$208.00 to C$160.00 and set an “outperform” rating on the stock in a research note on Friday, July 10th. Four equities research analysts have rated the stock with a Buy rating. According to MarketBeat.com, the stock has an average rating of “Buy” and an average price target of C$179.40.

TFI International Stock Performance

Shares of TSE:TFII opened at C$161.21 on Thursday. TFI International has a 52 week low of C$113.72 and a 52 week high of C$233.85. The stock has a market capitalization of C$13.25 billion, a P/E ratio of 39.61, a PEG ratio of 1.01 and a beta of 1.96. The firm has a fifty day simple moving average of C$179.92 and a two-hundred day simple moving average of C$191.13. The company has a quick ratio of 1.18, a current ratio of 1.09 and a debt-to-equity ratio of 111.46.

TFI International (TSE:TFII) last posted its earnings results on Monday, July 27th. The company reported C$2.63 earnings per share for the quarter. The firm had revenue of C$3.25 billion for the quarter. TFI International had a net margin of 4.11% and a return on equity of 12.39%. On average, analysts expect that TFI International will post 12.23 earnings per share for the current fiscal year.

TFI International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Thursday, October 15th were paid a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Tuesday, September 29th. TFI International’s dividend payout ratio (DPR) is currently 45.70%.

Insider Buying and Selling

In other TFI International news, Director Keith Hall sold 1,069 shares of the company’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of C$205.95, for a total value of C$220,160.55. Also, Director Rosemary Turner acquired 3,643 shares of the business’s stock in a transaction on Thursday, August 20th. The stock was acquired at an average cost of C$197.58 per share, for a total transaction of C$719,783.94. Following the transaction, the director directly owned 3,945 shares in the company, valued at C$779,453.10. The trade was a 1,206.29% increase in their ownership of the stock. 5.97% of the stock is currently owned by company insiders.

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.