TFI International (TSE:TFII) Director Alain Bédard Sells 13,500 Shares

TFI International Inc. (TSE:TFII) Director Alain Bédard sold 13,500 shares of the firm’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of C$206.50, for a total transaction of C$2,787,750.00. Following the transaction, the director owned 200,009 shares of the company’s stock, valued at approximately C$41,301,858.50. This represents a 6.32% decrease in their position.

Alain Bédard also recently made the following trade(s):

• On Thursday, May 14th, Alain Bédard sold 11,700 shares of TFI International stock. The stock was sold at an average price of C$197.31, for a total transaction of C$2,308,527.00.

TFI International Stock Up 0.4%

Shares of TFII opened at C$210.50 on Friday. TFI International Inc. has a 12 month low of C$113.72 and a 12 month high of C$213.12. The company has a 50-day moving average price of C$176.53 and a two-hundred day moving average price of C$156.54. The company has a quick ratio of 1.18, a current ratio of 1.07 and a debt-to-equity ratio of 119.57. The stock has a market cap of C$17.30 billion, a price-to-earnings ratio of 58.64, a P/E/G ratio of 1.01 and a beta of 1.49.

TFI International (TSE:TFII) last posted its earnings results on Monday, April 27th. The company reported C$0.96 earnings per share (EPS) for the quarter. TFI International had a net margin of 3.79% and a return on equity of 11.18%. The company had revenue of C$2.71 billion during the quarter. Equities analysts predict that TFI International Inc. will post 12.2345048 EPS for the current fiscal year.

TFI International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 15th were paid a $0.47 dividend. The ex-dividend date was Tuesday, March 31st. This represents a $1.88 dividend on an annualized basis and a dividend yield of 0.9%. TFI International’s payout ratio is 51.25%.

Analyst Ratings Changes

TFII has been the subject of a number of research analyst reports. Scotiabank lifted their target price on shares of TFI International from C$170.00 to C$200.00 in a research note on Tuesday, April 28th. National Bank Financial raised their price target on shares of TFI International from C$190.00 to C$208.00 and gave the company an “outperform” rating in a report on Tuesday, April 28th. Citigroup raised their price target on shares of TFI International from C$143.00 to C$144.00 and gave the company a “buy” rating in a report on Tuesday, April 7th. Finally, Desjardins raised their price target on shares of TFI International from C$183.00 to C$221.00 and gave the company a “buy” rating in a report on Tuesday, April 28th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of C$177.20.

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.