TFI International (NYSE:TFII) Stock Gets Price Target Cut from Morgan Stanley

TFI International (NYSE:TFII) had its price target reduced by Morgan Stanley from $190.00 to $175.00 in a report released on Monday,Benzinga reports. Morgan Stanley currently has an overweight rating on the stock.

Other analysts have also issued research reports about the company. National Bank Financial lowered their price target on TFI International from $161.00 to $148.00 and set an “outperform” rating for the company in a report on Tuesday, October 6th. Wall Street Zen cut TFI International from a “strong-buy” rating to a “buy” rating in a research note on Saturday, October 10th. Royal Bank Of Canada reduced their price objective on TFI International from $144.00 to $117.00 and set an “outperform” rating on the stock in a report on Monday. Scotiabank restated an “outperform” rating on shares of TFI International in a report on Thursday, October 15th. Finally, Zacks Research lowered TFI International from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 28th. Sixteen equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, TFI International presently has an average rating of “Moderate Buy” and an average target price of $145.32.

TFI International Price Performance

TFI International stock opened at $100.19 on Monday. The stock has a market cap of $8.20 billion, a price-to-earnings ratio of 23.14, a price-to-earnings-growth ratio of 0.76 and a beta of 1.67. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.11 and a quick ratio of 1.10. TFI International has a 1 year low of $80.63 and a 1 year high of $167.69. The firm has a 50-day moving average of $119.90 and a two-hundred day moving average of $129.04.

TFI International (NYSE:TFII) last issued its 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). The company had revenue of $2.23 billion during the quarter, compared to the consensus estimate of $2.23 billion. TFI International had a return on equity of 16.05% and a net margin of 4.26%. On average, research analysts forecast that TFI International will post 5.62 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Laurel Wealth Advisors LLC purchased a new stake in shares of TFI International in the 3rd quarter worth approximately $36,000. Allworth Financial LP purchased a new position in TFI International during the second quarter valued at approximately $46,000. State of Wyoming bought a new position in TFI International in the second quarter worth approximately $56,000. Versant Capital Management Inc raised its stake in TFI International by 47.3% in the second quarter. Versant Capital Management Inc now owns 408 shares of the company’s stock worth $59,000 after buying an additional 131 shares in the last quarter. Finally, Tacita Capital Inc bought a new position in TFI International in the second quarter worth approximately $91,000. Hedge funds and other institutional investors own 73.30% of the company’s stock.

Key Stories Impacting TFI International

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

• Positive Sentiment: Directors buying shares can indicate confidence in the company’s outlook and may provide a supportive signal to investors. Directors buying at TFI International (TFII)
• Neutral Sentiment: Veritas began coverage with a Hold rating, indicating a wait-and-see stance rather than a clear endorsement or bearish call. Veritas stock recommendations
• Negative Sentiment: Multiple firms—including TD Cowen, Stephens, Citigroup, RBC Dominion Securities, and Canadian Imperial Bank of Commerce—cut their expectations or price targets for TFI International. The cluster of downward revisions may weigh on sentiment, although the headlines do not specify the new targets or analysts’ reasoning. TD Cowen lowers expectations Stephens lowers expectations Citigroup lowers expectations RBC Dominion Securities lowers expectations CIBC cuts price target Royal Bank of Canada lowers expectations
• Negative Sentiment: A Seeking Alpha analysis characterizes TFI as having “two good businesses” and “a broken one,” raising concerns about uneven performance across its operations. The headline alone does not provide details of the analysis. 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.