TFI International (TSE:TFII) Stock: Insider Debra Kelly-Ennis Acquires 1,600 Shares

TFI International Inc. (TSE:TFII) Director Debra Kelly-Ennis purchased 1,600 shares of the firm’s stock in a transaction that occurred on Monday, November 2nd. The stock was acquired at an average price of C$130.88 per share, for a total transaction of C$209,408.00. Following the completion of the purchase, the director directly owned 11,307 shares of the company’s stock, valued at C$1,479,860.16. This represents a 16.48% increase in their position.

TFI International Price Performance

TSE:TFII opened at C$140.06 on Thursday. TFI International Inc. has a 52 week low of C$113.72 and a 52 week high of C$233.85. The firm has a market cap of C$11.51 billion, a price-to-earnings ratio of 32.42, a P/E/G ratio of 1.01 and a beta of 1.80. The firm’s 50-day simple moving average is C$168.30 and its 200 day simple moving average is C$179.34. The company has a debt-to-equity ratio of 106.02, a quick ratio of 1.18 and a current ratio of 1.11.

TFI International (TSE:TFII) last issued its quarterly earnings data on Thursday, October 29th. The company reported C$2.38 earnings per share for the quarter. The business had revenue of C$3.18 billion during the quarter. TFI International had a net margin of 4.22% and a return on equity of 12.95%. As a group, sell-side analysts predict that TFI International Inc. will post 12.23 earnings per share for the current year.

TFI International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Thursday, October 15th were issued a dividend of $0.47 per share. The ex-dividend date of this dividend was Tuesday, September 29th. This represents a $1.88 annualized dividend and a dividend yield of 1.3%. TFI International’s dividend payout ratio (DPR) is currently 43.52%.

TFI International News Roundup

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

• Positive Sentiment: Multiple directors increased their holdings, with purchases ranging from about C$181,000 to C$2.64 million. The broad-based insider buying could bolster investor confidence. Insider buying report
• Negative Sentiment: Recent analyst price-target reductions and reports of difficulty improving the UPS freight business TFI acquired remain potential headwinds, raising concerns about operating performance and expectations. TD Cowen target update Report on the UPS freight business

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on TFII. Desjardins boosted their price target on TFI International from C$221.00 to C$245.00 and gave the company a “buy” rating in a research note on Tuesday, July 28th. National Bank Financial dropped their price objective on TFI International from C$208.00 to C$160.00 and set an “outperform” rating for the company in a report on Friday, July 10th. Finally, Scotiabank cut their target price on TFI International from C$263.00 to C$235.00 and set a “sector outperform” rating for the company in a research report on Thursday, October 15th. Four equities research analysts have rated the stock with a Buy rating. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target 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.