What is Scotiabank’s Forecast for TFII FY2027 Earnings?

TFI International Inc. (NYSE:TFII) – Stock analysts at Scotiabank lowered their FY2027 earnings per share estimates for shares of TFI International in a research note issued to investors on Monday, November 2nd. Scotiabank analyst K. Gupta now forecasts that the company will post earnings of $6.57 per share for the year, down from their prior forecast of $7.49. Scotiabank has an “Outperform” rating on the stock. The consensus estimate for TFI International’s current full-year earnings is $5.56 per share.

TFII has been the subject of a number of other research reports. Scotia decreased their target price on TFI International from $168.00 to $138.00 and set a “sector outperform” rating for the company in a report on Monday. Stephens cut their price target on shares of TFI International from $160.00 to $140.00 and set an “overweight” rating on the stock in a report on Monday. Susquehanna reduced their price objective on shares of TFI International from $185.00 to $164.00 and set a “positive” rating on the stock in a research report on Friday, October 2nd. Citigroup decreased their price objective on shares of TFI International from $157.00 to $123.00 and set a “buy” rating for the company in a report on Monday. Finally, Zacks Research lowered shares of TFI International from a “strong-buy” rating to a “hold” rating in a report on Monday, September 28th. Sixteen investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, TFI International currently has a consensus rating of “Moderate Buy” and a consensus price target of $145.32.

TFI International Price Performance

Shares of TFII stock opened at $96.80 on Friday. The firm has a market cap of $7.92 billion, a P/E ratio of 22.35, a P/E/G ratio of 0.80 and a beta of 1.67. TFI International has a fifty-two week low of $80.63 and a fifty-two week high of $167.69. The business’s 50 day moving average price is $119.13 and its 200-day moving average price is $128.97. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.10 and a current ratio of 1.11.

TFI International (NYSE:TFII) last released its quarterly earnings results on Thursday, October 29th. The company reported $1.67 EPS for the quarter, missing analysts’ consensus estimates of $1.75 by ($0.08). TFI International had a net margin of 4.26% and a return on equity of 16.05%. The business had revenue of $2.23 billion for the quarter, compared to the consensus estimate of $2.23 billion.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Nykredit A S bought a new position in shares of TFI International in the 2nd quarter worth approximately $3,031,000. TD Waterhouse Canada Inc. lifted its stake in shares of TFI International by 10.4% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 250,009 shares of the company’s stock valued at $34,207,000 after purchasing an additional 23,597 shares during the period. Caisse de depot et placement du Quebec purchased a new stake in TFI International in the second quarter worth $910,995,000. Hill City Capital LP purchased a new stake in TFI International in the second quarter worth $20,817,650. Finally, BlackRock Inc. purchased a new stake in TFI International in the second quarter worth $14,341,000. Hedge funds and other institutional investors own 73.30% of the company’s stock.

Key Headlines Impacting TFI International

Here are the key news stories impacting TFI International this week:

• Positive Sentiment: TFI announced a renewal of its normal-course issuer bid, which permits the company to repurchase shares and may support shareholder returns; the announcement itself does not guarantee purchases. Article: TFI International Announces Renewal of Normal Course Issuer Bid
• Positive Sentiment: A report of directors buying TFI shares may be viewed as a sign of confidence by company insiders. Article: Directors buying at TFI International
• Neutral Sentiment: Veritas initiated coverage with a “hold” rating, indicating a neutral stance. Article: Veritas stock recommendations
• Negative Sentiment: Scotiabank cut its 2026 EPS estimate to $5.56 from $5.95, below the cited consensus estimate of $5.62, though it retained an “Outperform” rating. Separate reports also flagged lower expectations or price targets from TD Cowen, Stephens, Citigroup, RBC and CIBC, adding to concerns about earnings and valuation. TD Cowen expectations Stephens expectations Citigroup expectations RBC Dominion Securities expectations CIBC target cut
• Negative Sentiment: A Seeking Alpha article characterizes TFI as having two good businesses and one “broken” business, reflecting a mixed-to-cautious view of its operations. Separately, the company’s latest reported quarterly EPS missed analyst expectations ($1.67 versus $1.75), another potential source of investor concern. Article: TFI International: Two Good Businesses…And A Broken One

About TFI International

TFI International Inc is a North American transportation and logistics company headquartered in Saint-Laurent, Quebec. The company provides a broad range of freight and supply chain services through a network of operating companies in Canada and the United States.

Its business activities include package and courier delivery, less-than-truckload and truckload transportation, freight brokerage, logistics, warehousing, and specialized services. TFI International also serves niche transportation markets, including waste management, environmental services, and other specialized freight requirements.

The company traces its origins to 1957 and has expanded through organic growth and acquisitions.