TFI International (NYSE:TFII) Posts Quarterly Earnings Results, Misses Estimates By $0.08 EPS

TFI International (NYSE:TFII) released its quarterly earnings results on Thursday. The company reported $1.67 earnings per share for the quarter, missing the consensus estimate of $1.75 by ($0.08), Zacks reports. TFI International had a net margin of 4.14% and a return on equity of 14.87%.

TFI International Stock Up 0.2%

TFII stock traded up $0.20 during midday trading on Thursday, hitting $112.31. The company’s stock had a trading volume of 446,448 shares, compared to its average volume of 366,573. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.09 and a quick ratio of 1.08. TFI International has a twelve month low of $80.63 and a twelve month high of $167.69. The company’s fifty day moving average price is $123.74 and its 200 day moving average price is $129.35. The stock has a market capitalization of $9.23 billion, a P/E ratio of 27.59, a PEG ratio of 0.70 and a beta of 1.63.

Analysts Set New Price Targets

Several analysts have issued reports on TFII shares. Scotia lifted their price target on TFI International from $260.00 to $263.00 and gave the company a “sector outperform” rating in a research note on Tuesday, July 28th. Royal Bank Of Canada decreased their price objective on TFI International from $171.00 to $144.00 and set an “outperform” rating for the company in a report on Wednesday, September 30th. JPMorgan Chase & Co. decreased their price objective on TFI International from $175.00 to $168.00 and set an “overweight” rating for the company in a report on Monday, October 5th. National Bank Financial dropped their target price on TFI International from $161.00 to $148.00 and set an “outperform” rating on the stock in a research report on Tuesday, October 6th. Finally, BMO Capital Markets restated a “market perform” rating on shares of TFI International in a research note on Wednesday, October 7th. Fourteen analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $167.94.

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.