TFI International (TSE:TFII) Stock: Insider Leslie Abi-Karam Purchases 2,143 Shares

TFI International Inc. (TSE:TFII) Director Leslie Abi-Karam purchased 2,143 shares of the stock in a transaction that occurred on Monday, November 9th. The shares were acquired at an average cost of C$133.75 per share, with a total value of C$286,626.25. Following the completion of the transaction, the director owned 9,745 shares in the company, valued at C$1,303,393.75. This trade represents a 28.19% increase in their ownership of the stock.

TFI International Stock Down 0.2%

Shares of TSE TFII traded down C$0.22 on Monday, reaching C$133.76. 356,598 shares of the company’s stock traded hands, compared to its average volume of 268,488. TFI International Inc. has a 12 month low of C$113.72 and a 12 month high of C$233.85. The business’s 50 day simple moving average is C$166.17 and its two-hundred day simple moving average is C$179.16. The company has a market cap of C$10.99 billion, a price-to-earnings ratio of 30.96, a price-to-earnings-growth ratio of 1.01 and a beta of 1.80. The company has a quick ratio of 1.18, a current ratio of 1.11 and a debt-to-equity ratio of 106.02.

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

TFI International Dividend Announcement

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

Analyst Ratings Changes

Several research analysts have weighed in on TFII shares. Scotiabank decreased their price target on shares of TFI International from C$263.00 to C$235.00 and set a “sector outperform” rating on the stock in a research report on Thursday, October 15th. Desjardins upped their price objective on TFI International from C$221.00 to C$245.00 and gave the stock a “buy” rating in a research note on Tuesday, July 28th. Four analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of C$179.40.

About TFI International

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.