TFI International Inc. (NYSE:TFII) Given Consensus Recommendation of “Moderate Buy” by Analysts

TFI International Inc. (NYSE:TFII) has been assigned a consensus rating of “Moderate Buy” from the eighteen analysts that are currently covering the stock, MarketBeat.com reports. Four analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $159.83.

Several equities research analysts have recently commented on TFII shares. Royal Bank of Canada restated an “outperform” rating and set a $155.00 price objective on shares of TFI International in a report on Monday, February 12th. Deutsche Bank Aktiengesellschaft started coverage on TFI International in a report on Monday, January 29th. They set a “buy” rating and a $175.00 price objective for the company. JPMorgan Chase & Co. decreased their price objective on TFI International from $133.00 to $132.00 and set an “overweight” rating for the company in a report on Thursday, December 21st. CIBC boosted their price objective on TFI International from $167.00 to $175.00 and gave the company an “outperformer” rating in a report on Tuesday, April 2nd. Finally, BMO Capital Markets boosted their price objective on TFI International from $130.00 to $140.00 and gave the company a “market perform” rating in a report on Monday, February 12th.

Institutional Investors Weigh In On TFI International

Large investors have recently made changes to their positions in the business. Cary Street Partners Investment Advisory LLC purchased a new stake in shares of TFI International during the 3rd quarter valued at $27,000. SG Americas Securities LLC purchased a new stake in shares of TFI International during the 3rd quarter valued at $257,000. Clearbridge Investments LLC purchased a new stake in shares of TFI International during the 4th quarter valued at $287,000. Ensign Peak Advisors Inc increased its position in shares of TFI International by 94.1% during the 3rd quarter. Ensign Peak Advisors Inc now owns 3,300 shares of the company’s stock valued at $315,000 after purchasing an additional 1,600 shares during the last quarter. Finally, US Bancorp DE increased its position in shares of TFI International by 1,700.8% during the 1st quarter. US Bancorp DE now owns 4,376 shares of the company’s stock valued at $466,000 after purchasing an additional 4,133 shares during the last quarter. 73.30% of the stock is owned by hedge funds and other institutional investors.

TFI International Price Performance

Shares of TFII opened at $144.35 on Friday. TFI International has a 52-week low of $100.96 and a 52-week high of $162.13. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.23 and a current ratio of 1.25. The business’s 50 day moving average price is $151.95 and its two-hundred day moving average price is $133.28. The firm has a market cap of $12.21 billion, a PE ratio of 24.85, a price-to-earnings-growth ratio of 4.17 and a beta of 1.52.

TFI International (NYSE:TFII) last issued its quarterly earnings results on Friday, February 9th. The company reported $1.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.67 by $0.04. TFI International had a return on equity of 20.92% and a net margin of 6.71%. The firm had revenue of $1.97 billion for the quarter, compared to analyst estimates of $1.95 billion. During the same period in the previous year, the firm earned $1.72 earnings per share. The company’s revenue was up .6% compared to the same quarter last year. On average, equities analysts anticipate that TFI International will post 7.49 EPS for the current year.

TFI International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Thursday, March 28th were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 1.11%. The ex-dividend date was Wednesday, March 27th. TFI International’s dividend payout ratio is presently 27.54%.

About TFI International

TFI International Inc, together with its subsidiaries, provides transportation and logistics services in the United States and Canada. The company operates through Package and Courier, Less-Than-Truckload (LTL), Truckload (TL), and Logistics segments. The Package and Courier segment engages in the pickup, transport, and delivery of items in North America.