TFI International (NYSE:TFII) Stock Gets Price Target Trim from TD Cowen

TFI International (NYSE:TFII) had its price target lowered by TD Cowen from $158.00 to $119.00 in a research note published on Monday,Benzinga reports. TD Cowen currently has a buy rating on the stock.

Several other research firms also recently commented on TFII. Scotiabank reiterated an “outperform” rating on shares of TFI International in a report on Thursday, October 15th. UBS Group upped their target price on TFI International from $154.00 to $159.00 and gave the company a “neutral” rating in a report on Tuesday, July 28th. Canadian Imperial Bank of Commerce dropped their price target on TFI International from $175.00 to $158.00 and set an “outperformer” rating for the company in a research note on Monday, October 5th. Susquehanna cut their price target on shares of TFI International from $185.00 to $164.00 and set a “positive” rating on the stock in a report on Friday, October 2nd. Finally, BMO Capital Markets reissued a “market perform” rating on shares of TFI International in a research report on Wednesday, October 7th. Sixteen investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $145.32.

TFI International Price Performance

Shares of NYSE:TFII opened at $100.19 on Monday. TFI International has a one year low of $80.63 and a one year high of $167.69. The company’s fifty day moving average price is $119.90 and its 200-day moving average price is $129.04. The firm has a market capitalization of $8.20 billion, a price-to-earnings ratio of 23.14, a PEG ratio of 0.76 and a beta of 1.67. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.11 and a quick ratio of 1.10.

TFI International (NYSE:TFII) last issued its quarterly earnings results on Thursday, October 29th. The company reported $1.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.75 by ($0.08). The firm had revenue of $2.23 billion for the quarter, compared to the consensus estimate of $2.23 billion. TFI International had a return on equity of 16.05% and a net margin of 4.26%. On average, equities research analysts anticipate that TFI International will post 5.62 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the stock. CenterBook Partners LP purchased a new position in TFI International in the 3rd quarter valued at about $828,000. Vise Technologies Inc. increased its stake in TFI International by 15.0% during the third quarter. Vise Technologies Inc. now owns 3,684 shares of the company’s stock valued at $442,000 after purchasing an additional 481 shares during the last quarter. Laurel Wealth Advisors LLC acquired a new position in TFI International in the third quarter valued at approximately $36,000. Guardian Partners Inc. lifted its stake in TFI International by 1.1% in the third quarter. Guardian Partners Inc. now owns 37,960 shares of the company’s stock valued at $4,563,000 after buying an additional 412 shares during the last quarter. Finally, Value Partners Investments Inc. grew its position in TFI International by 4.7% in the 3rd quarter. Value Partners Investments Inc. now owns 18,857 shares of the company’s stock worth $2,268,000 after purchasing an additional 838 shares during the last quarter. 73.30% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting TFI International

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

• Positive Sentiment: Directors buying shares can indicate confidence in the company’s outlook and may provide a supportive signal to investors. Directors buying at TFI International (TFII)
• Neutral Sentiment: Veritas began coverage with a Hold rating, indicating a wait-and-see stance rather than a clear endorsement or bearish call. Veritas stock recommendations
• Negative Sentiment: Multiple firms—including TD Cowen, Stephens, Citigroup, RBC Dominion Securities, and Canadian Imperial Bank of Commerce—cut their expectations or price targets for TFI International. The cluster of downward revisions may weigh on sentiment, although the headlines do not specify the new targets or analysts’ reasoning. TD Cowen lowers expectations Stephens lowers expectations Citigroup lowers expectations RBC Dominion Securities lowers expectations CIBC cuts price target Royal Bank of Canada lowers expectations
• Negative Sentiment: A Seeking Alpha analysis characterizes TFI as having “two good businesses” and “a broken one,” raising concerns about uneven performance across its operations. The headline alone does not provide details of the analysis. TFI International: Two Good Businesses…And A Broken One

TFI International Company Profile

TFI International Inc is a North American transportation and logistics company headquartered in Saint-Laurent, Quebec. The company provides a broad range of freight and supply chain services through a network of operating companies in Canada and the United States.

Its business activities include package and courier delivery, less-than-truckload and truckload transportation, freight brokerage, logistics, warehousing, and specialized services. TFI International also serves niche transportation markets, including waste management, environmental services, and other specialized freight requirements.

The company traces its origins to 1957 and has expanded through organic growth and acquisitions.