TFI International Inc. (NYSE:TFII) Receives Average Recommendation of “Moderate Buy” from Brokerages

TFI International Inc. (NYSE:TFII) has received an average recommendation of “Moderate Buy” from the twenty-one research firms that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, eight have assigned a hold recommendation, ten have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $120.80.

TFII has been the topic of a number of recent research reports. Stifel Nicolaus lifted their target price on TFI International from $100.00 to $113.00 and gave the stock a “hold” rating in a research report on Wednesday, January 21st. Morgan Stanley reiterated an “overweight” rating and issued a $160.00 price objective on shares of TFI International in a research report on Monday, December 8th. Zacks Research raised TFI International from a “strong sell” rating to a “hold” rating in a report on Wednesday, January 14th. Royal Bank Of Canada upped their target price on TFI International from $102.00 to $125.00 and gave the company an “outperform” rating in a research note on Monday, December 22nd. Finally, Stephens set a $115.00 target price on TFI International in a research report on Tuesday, January 6th.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Cornerstone Planning Group LLC raised its holdings in shares of TFI International by 20,080.0% in the 3rd quarter. Cornerstone Planning Group LLC now owns 1,009 shares of the company’s stock worth $89,000 after buying an additional 1,004 shares in the last quarter. SG Americas Securities LLC acquired a new stake in TFI International in the 4th quarter valued at $112,000. Flow Traders U.S. LLC bought a new stake in TFI International in the third quarter valued at $207,000. United Services Automobile Association acquired a new position in TFI International during the first quarter worth $217,000. Finally, FourThought Financial Partners LLC acquired a new position in TFI International during the third quarter worth $245,000. Institutional investors and hedge funds own 73.30% of the company’s stock.

TFI International Stock Performance

Shares of NYSE TFII opened at $108.50 on Friday. TFI International has a 12 month low of $72.02 and a 12 month high of $140.26. The company has a market cap of $8.91 billion, a P/E ratio of 27.96, a P/E/G ratio of 6.82 and a beta of 1.49. The business’s 50 day moving average is $102.13 and its two-hundred day moving average is $94.70. The company has a quick ratio of 1.05, a current ratio of 1.06 and a debt-to-equity ratio of 0.88.

TFI International (NYSE:TFII) last announced its quarterly earnings data on Thursday, October 30th. The company reported $1.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.19 by $0.01. TFI International had a net margin of 4.06% and a return on equity of 14.20%. The business had revenue of $1.97 billion for the quarter, compared to the consensus estimate of $1.49 billion. On average, equities analysts expect that TFI International will post 7.76 EPS for the current year.

TFI International Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were given a dividend of $0.47 per share. This is an increase from TFI International’s previous quarterly dividend of $0.45. The ex-dividend date was Wednesday, December 31st. This represents a $1.88 annualized dividend and a dividend yield of 1.7%. TFI International’s dividend payout ratio (DPR) is presently 48.45%.

About TFI International

TFI International Inc (NYSE: TFII) is a leading North American transport and logistics company headquartered in Montreal, Quebec. The company operates through a network of subsidiaries that provide truckload, less-than-truckload (LTL), specialized freight, package and courier, and logistics services. By integrating these operations, TFI delivers comprehensive end-to-end solutions, including long-haul and regional transportation, expedited delivery, warehousing, and cross-border freight movement.

Originally founded in 1957 as a regional trucking outfit in Cabano, Quebec, TFI International has expanded significantly through a disciplined acquisition strategy.