TFI International (NYSE:TFII) Downgraded by Wall Street Zen to Buy

Wall Street Zen downgraded shares of TFI International (NYSE:TFII) from a strong-buy rating to a buy rating in a report published on Saturday morning,Wall Street Zen reports.

Several other equities analysts have also weighed in on TFII. Citigroup reiterated a “cautious” rating on shares of TFI International in a report on Wednesday. UBS Group raised their price target on shares of TFI International from $154.00 to $159.00 and gave the stock a “neutral” rating in a report on Tuesday, July 28th. Stephens lifted their price target on shares of TFI International from $195.00 to $205.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Canadian Imperial Bank of Commerce decreased their price objective on TFI International from $175.00 to $158.00 and set an “outperformer” rating on the stock in a report on Monday, October 5th. Finally, National Bank Financial lowered their price objective on TFI International from $161.00 to $148.00 and set an “outperform” rating for the company in a research report on Tuesday, October 6th. Fourteen analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $167.94.

TFI International Price Performance

NYSE:TFII opened at $114.12 on Friday. TFI International has a one year low of $80.63 and a one year high of $167.69. The stock has a market cap of $9.38 billion, a PE ratio of 28.04, a P/E/G ratio of 0.71 and a beta of 1.63. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.08 and a current ratio of 1.09. The stock has a 50 day moving average price of $131.14 and a 200 day moving average price of $136.69.

TFI International (NYSE:TFII) last released its quarterly earnings data on Monday, July 27th. The company reported $1.85 earnings per share for the quarter, topping analysts’ consensus estimates of $1.59 by $0.26. TFI International had a return on equity of 14.87% and a net margin of 4.14%. The company had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.23 billion. TFI International has set its Q3 2026 guidance at 1.700-1.800 EPS. Equities research analysts expect that TFI International will post 6.02 EPS for the current fiscal year.

TFI International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be paid a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Wednesday, September 30th. TFI International’s payout ratio is presently 46.19%.

Institutional Investors Weigh In On TFI International

Several large investors have recently bought and sold shares of TFII. Engineers Gate Manager LP acquired a new stake in TFI International in the 2nd quarter valued at about $3,813,000. Cidel Asset Management Inc. grew its position in shares of TFI International by 2.1% during the second quarter. Cidel Asset Management Inc. now owns 49,098 shares of the company’s stock worth $7,065,000 after buying an additional 1,020 shares in the last quarter. Baird Financial Group Inc. purchased a new stake in shares of TFI International during the second quarter worth approximately $20,261,000. Nykredit A S purchased a new stake in shares of TFI International during the second quarter worth approximately $2,125,000. Finally, Amundi increased its stake in shares of TFI International by 2.6% during the second quarter. Amundi now owns 70,051 shares of the company’s stock worth $10,057,000 after buying an additional 1,798 shares during the period. Hedge funds and other institutional investors own 73.30% of the company’s stock.

TFI International Company Profile

TFI International Inc is a transportation and logistics company headquartered in Saint-Laurent, Quebec. Through its operating companies, TFI International provides freight transportation, logistics and related services across North America, with operations serving Canada, the United States and Mexico.

The company’s principal activities include less-than-truckload and truckload transportation, package and courier delivery, last-mile services, specialized transportation and logistics. Its specialized operations support industries and customers requiring services such as expedited delivery, freight brokerage, final-mile distribution, household moving and handling of specialized or regulated cargo.

TFI International traces its roots to 1957 and was previously known as TransForce Inc The company adopted the TFI International name in 2016 as part of a broader effort to reflect the scope of its transportation and logistics operations.