TFI International (TSE:TFII) Sets New 52-Week High – Still a Buy?

TFI International Inc. (TSE:TFII) shares hit a new 52-week high on Friday . The company traded as high as C$204.99 and last traded at C$204.53, with a volume of 22275 shares. The stock had previously closed at C$200.78.

Analysts Set New Price Targets

A number of equities research analysts recently commented on TFII shares. Citigroup upped their price target on shares of TFI International from C$143.00 to C$144.00 and gave the company a “buy” rating in a report on Tuesday, April 7th. Scotiabank upped their price target on shares of TFI International from C$170.00 to C$200.00 in a report on Tuesday, April 28th. National Bank Financial upped their price target on shares of TFI International from C$190.00 to C$208.00 and gave the company an “outperform” rating in a report on Tuesday, April 28th. Finally, Desjardins increased their target price on shares of TFI International from C$183.00 to C$221.00 and gave the stock a “buy” rating in a report on Tuesday, April 28th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of C$177.20.

TFI International Stock Performance

The company has a current ratio of 1.07, a quick ratio of 1.18 and a debt-to-equity ratio of 119.57. The company has a market cap of C$16.74 billion, a PE ratio of 56.73, a P/E/G ratio of 1.01 and a beta of 1.49. The business has a fifty day moving average of C$169.93 and a 200-day moving average of C$153.60.

TFI International (TSE:TFII) last issued its quarterly earnings data on Monday, April 27th. The company reported C$0.96 EPS for the quarter. TFI International had a net margin of 3.79% and a return on equity of 11.18%. The business had revenue of C$2.71 billion during the quarter. Equities research analysts anticipate that TFI International Inc. will post 12.2345048 earnings per share for the current fiscal year.

TFI International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 15th were issued a $0.47 dividend. The ex-dividend date was Tuesday, March 31st. This represents a $1.88 annualized dividend and a yield of 0.9%. TFI International’s dividend payout ratio is 51.25%.

Insiders Place Their Bets

In related news, Director Diane Giard acquired 2,000 shares of the firm’s stock in a transaction on Wednesday, May 13th. The stock was acquired at an average cost of C$183.86 per share, for a total transaction of C$367,720.00. Following the acquisition, the director owned 13,593 shares of the company’s stock, valued at C$2,499,208.98. This trade represents a 17.25% increase in their ownership of the stock. Also, Director Alain Bédard sold 11,700 shares of the company’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of C$197.31, for a total transaction of C$2,308,527.00. Following the completion of the transaction, the director owned 213,509 shares of the company’s stock, valued at C$42,127,460.79. This trade represents a 5.20% decrease in their ownership of the stock. Company insiders own 5.97% of the company’s stock.

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.