TFI International (NYSE:TFII) Upgraded to Outperfrom Under Weight by National Bank Financial

TFI International (NYSE:TFII) was upgraded by stock analysts at National Bank Financial from a “sector perform under weight” rating to an “outperfrom under weight” rating in a research report issued to clients and investors on Friday, Zacks.com reports.

A number of other research analysts have also weighed in on TFII. Scotiabank raised TFI International from a “sector perform” rating to a “sector outperform” rating in a report on Monday, January 22nd. Stifel Nicolaus raised their price target on shares of TFI International from $148.00 to $149.00 and gave the stock a “buy” rating in a research report on Wednesday, January 10th. TD Cowen cut their price objective on shares of TFI International from $178.00 to $176.00 and set a “buy” rating for the company in a report on Monday. CIBC lowered their target price on shares of TFI International from $175.00 to $172.00 and set an “outperformer” rating on the stock in a research note on Monday. Finally, Bank of America lifted their price target on TFI International from $154.00 to $166.00 and gave the company a “neutral” rating in a research note on Monday, April 15th. Three analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $160.78.

TFI International Stock Performance

Shares of NYSE:TFII opened at $135.78 on Friday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.64 and a current ratio of 1.66. The firm’s 50 day simple moving average is $151.57 and its 200-day simple moving average is $134.26. The firm has a market cap of $11.48 billion, a PE ratio of 24.12, a price-to-earnings-growth ratio of 1.42 and a beta of 1.52. TFI International has a one year low of $102.94 and a one year high of $162.13.

TFI International (NYSE:TFII) last released its quarterly earnings results on Thursday, April 25th. The company reported $1.24 earnings per share for the quarter, missing analysts’ consensus estimates of $1.39 by ($0.15). TFI International had a net margin of 6.44% and a return on equity of 20.39%. The firm had revenue of $1.87 billion during the quarter, compared to the consensus estimate of $1.89 billion. As a group, equities analysts predict that TFI International will post 7.47 EPS for the current year.

Institutional Investors Weigh In On TFI International

A number of institutional investors have recently added to or reduced their stakes in TFII. CDAM UK Ltd increased its position in shares of TFI International by 6.9% during the fourth quarter. CDAM UK Ltd now owns 381,912 shares of the company’s stock worth $51,932,000 after acquiring an additional 24,730 shares during the last quarter. Vaughan Nelson Investment Management L.P. acquired a new position in TFI International during the 1st quarter valued at about $42,583,000. Argent Capital Management LLC boosted its position in shares of TFI International by 793.1% during the first quarter. Argent Capital Management LLC now owns 181,407 shares of the company’s stock worth $28,927,000 after buying an additional 161,094 shares during the period. Sumitomo Mitsui Trust Holdings Inc. boosted its position in TFI International by 1.7% during the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 174,215 shares of the company’s stock worth $27,798,000 after acquiring an additional 2,914 shares during the period. Finally, AGF Management Ltd. raised its holdings in shares of TFI International by 67.5% in the 4th quarter. AGF Management Ltd. now owns 41,139 shares of the company’s stock worth $5,596,000 after purchasing an additional 16,573 shares in the last quarter. Hedge funds and other institutional investors own 73.30% of the company’s stock.

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.