TFI International (TSE:TFII) Stock Crosses Below 50 Day Moving Average – Should You Sell?

TFI International Inc. (TSE:TFII) shares passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$155.79 and traded as low as C$138.07. TFI International shares last traded at C$138.20, with a volume of 97,730 shares trading hands.

Analysts Set New Price Targets

A number of equities analysts have commented on TFII shares. Scotiabank boosted their price target on shares of TFI International from C$140.00 to C$170.00 and gave the stock a “sector perform” rating in a research note on Wednesday, January 21st. Desjardins raised their price objective on shares of TFI International from C$173.00 to C$183.00 and gave the company a “buy” rating in a research report on Thursday, February 19th. National Bank Financial lifted their price objective on shares of TFI International from C$145.00 to C$170.00 and gave the stock an “outperform” rating in a report on Friday, January 9th. Finally, Stifel Nicolaus lifted their price objective on shares of TFI International from C$100.00 to C$113.00 in a report on Wednesday, January 21st. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of C$159.00.

TFI International Stock Performance

The company has a debt-to-equity ratio of 138.05, a current ratio of 1.03 and a quick ratio of 1.18. The company has a 50 day simple moving average of C$155.24 and a 200-day simple moving average of C$139.28. The firm has a market cap of C$11.13 billion, a PE ratio of 36.43, a price-to-earnings-growth ratio of 1.01 and a beta of 1.45.

TFI International (TSE:TFII) last posted its quarterly earnings results on Tuesday, February 17th. The company reported C$1.50 EPS for the quarter. The firm had revenue of C$2.51 billion for the quarter. TFI International had a net margin of 3.92% and a return on equity of 11.65%. As a group, equities research analysts anticipate that TFI International Inc. will post 12.2345048 EPS for the current year.

TFI International Company Profile

TFI International Inc is a transportation and logistics company domiciled in Canada. The company organises itself into four segments: package and courier, less-than-truckload, truckload, and logistics. The package and courier segment picks up, transports, and delivers items across North America. The less-than-truckload segment transports smaller loads. The truckload segment transports goods by flatbed trucks, containers, or a more specialised service. The company provides general logistics services through the logistics segment.