Insider Buying: TFI International (TSE:TFII) Director Buys 3,643 Shares of Stock

TFI International Inc. (TSE:TFII) Director Rosemary Turner purchased 3,643 shares of the firm’s stock in a transaction that occurred on Thursday, August 20th. The stock was acquired at an average price of C$197.58 per share, for a total transaction of C$719,783.94. Following the completion of the purchase, the director directly owned 3,945 shares of the company’s stock, valued at C$779,453.10. This represents a 1,206.29% increase in their position.

Rosemary Turner also recently made the following trade(s):

• On Thursday, August 20th, Rosemary Turner acquired 3,507 shares of TFI International stock. The stock was acquired at an average price of C$197.68 per share, with a total value of C$693,263.76.

TFI International Stock Performance

TSE TFII traded down C$8.46 during trading on Monday, reaching C$186.43. The company’s stock had a trading volume of 78,392 shares, compared to its average volume of 239,497. TFI International Inc. has a 12 month low of C$113.72 and a 12 month high of C$233.85. The firm has a 50 day moving average price of C$204.01 and a 200 day moving average price of C$185.60. The firm has a market capitalization of C$15.32 billion, a price-to-earnings ratio of 45.81, a price-to-earnings-growth ratio of 1.01 and a beta of 1.74. The company has a current ratio of 1.09, a quick ratio of 1.18 and a debt-to-equity ratio of 111.46.

TFI International (TSE:TFII) last released its quarterly earnings results on Monday, July 27th. The company reported C$2.63 earnings per share for the quarter. The company had revenue of C$3.25 billion during the quarter. TFI International had a net margin of 4.11% and a return on equity of 12.39%. As a group, equities analysts anticipate that TFI International Inc. will post 12.2345048 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Scotiabank upgraded TFI International from a “sector perform” rating to a “sector outperform” rating and raised their price target for the stock from C$200.00 to C$260.00 in a research report on Thursday, July 16th. National Bank Financial lowered 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, Desjardins upped their price objective on TFI International from C$221.00 to C$245.00 and gave the stock a “buy” rating in a research report on Tuesday, July 28th. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of C$184.40.

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.