TFI International (TSE:TFII) Director John Pratt Buys 1,567 Shares of Stock

TFI International Inc. (TSE:TFII) Director John Pratt bought 1,567 shares of TFI International stock in a transaction on Tuesday, November 3rd. The stock was acquired at an average cost of C$134.97 per share, with a total value of C$211,497.99. Following the acquisition, the director owned 9,580 shares of the company’s stock, valued at C$1,293,012.60. This trade represents a 19.56% increase in their position.

TFI International Trading Up 1.2%

TFII traded up C$1.56 during trading on Tuesday, hitting C$135.72. The company’s stock had a trading volume of 269,199 shares, compared to its average volume of 263,669. TFI International Inc. has a twelve month low of C$113.72 and a twelve month high of C$233.85. The firm’s 50 day moving average price is C$170.27 and its 200-day moving average price is C$179.52. The company has a debt-to-equity ratio of 106.02, a current ratio of 1.11 and a quick ratio of 1.18. The stock has a market cap of C$11.16 billion, a PE ratio of 31.42, a PEG ratio of 1.01 and a beta of 1.96.

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

TFI International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Thursday, October 15th were given a $0.47 dividend. This represents a $1.88 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend was Tuesday, September 29th. TFI International’s dividend payout ratio (DPR) is 43.52%.

Key TFI International News

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

• Positive Sentiment: Company directors purchased a combined 25,367 shares worth approximately C$3.35 million. Executive Chairman Alain Bédard bought 20,000 shares for C$2.64 million, while directors Debra Kelly-Ennis, Steven Mayer and John Pratt also added to their positions. These purchases may signal that insiders view the recent share-price weakness as excessive and believe TFII offers value at current levels. TFI International Director Alain Bédard Acquires 20,000 Shares of Company Stock
• Positive Sentiment: The insider purchases occurred near C$130-C$135 per share, substantially below TFII’s 52-week high. This concentration of buying by multiple directors can provide some support for the stock, although insider purchases do not guarantee an operational turnaround.
• Neutral Sentiment: TFII recently reported quarterly earnings of C$2.38 per share on C$3.18 billion in revenue. Its profitability remains positive, with a 4.22% net margin and 12.95% return on equity, but investors are focused more heavily on future earnings and the performance of its acquired freight operations.
• Negative Sentiment: TD Cowen and CIBC both sharply lowered their TFII price targets to C$119 and C$120, respectively, from C$158. The reductions indicate weaker near-term expectations and may limit the stock’s recovery despite the insider buying. TFI International Price Target Lowered at TD Cowen TFI International Price Target Lowered at CIBC
• Negative Sentiment: A report says TFI is still struggling to turn around the UPS Freight business five years after acquiring it. Ongoing integration and operational challenges raise concerns about margins, returns on capital and the company’s ability to generate the earnings growth previously expected by investors. Five Years After Buying UPS’s Freight Business, TFI Is Struggling to Turn It Around

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on TFII. Desjardins lifted their price objective on shares of 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 cut their price target 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 lowered their price objective on shares of TFI International from C$263.00 to C$235.00 and set a “sector outperform” rating on the stock in a research note on Thursday, October 15th. Four research analysts have rated the stock with a Buy rating. According to data from MarketBeat, TFI International has a consensus rating of “Buy” and an average 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.