TFI International (TSE:TFII) Stock: Insider Sébastien Martel Acquires 1,325 Shares

TFI International Inc. (TSE:TFII) Director Sébastien Martel acquired 1,325 shares of the firm’s stock in a transaction on Wednesday, November 4th. The stock was bought at an average price of C$136.90 per share, with a total value of C$181,392.50. Following the completion of the acquisition, the director directly owned 8,935 shares in the company, valued at approximately C$1,223,201.50. This represents a 17.41% increase in their position.

TFI International Stock Performance

Shares of TFII opened at C$135.67 on Friday. The firm has a market capitalization of C$11.15 billion, a PE ratio of 31.41, a price-to-earnings-growth ratio of 1.01 and a beta of 1.80. The company has a debt-to-equity ratio of 106.02, a current ratio of 1.11 and a quick ratio of 1.18. The company has a 50-day simple moving average of C$167.27 and a two-hundred day simple moving average of C$179.24. TFI International Inc. has a one year low of C$113.72 and a one year high of C$233.85.

TFI International (TSE:TFII) last released its quarterly earnings results on Thursday, October 29th. The company reported C$2.38 earnings per share for the quarter. The company had revenue of C$3.18 billion for the quarter. TFI International had a return on equity of 12.95% and a net margin of 4.22%. On average, analysts anticipate that TFI International Inc. will post 12.23 EPS for the current fiscal year.

TFI International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Thursday, October 15th were paid a dividend of $0.47 per share. The ex-dividend date was Tuesday, September 29th. This represents a $1.88 dividend on an annualized basis and a yield of 1.4%. TFI International’s payout ratio is presently 43.52%.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on TFII. National Bank Financial lowered 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 report on Friday, July 10th. Scotiabank dropped their price objective on shares of TFI International from C$263.00 to C$235.00 and set a “sector outperform” rating on the stock in a report on Thursday, October 15th. Finally, Desjardins boosted their price target on TFI International from C$221.00 to C$245.00 and gave the company a “buy” rating in a report on Tuesday, July 28th. Four analysts have rated the stock with a Buy rating. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of C$179.40.

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.