TFI International (NYSE:TFII) Posts Quarterly Earnings Results, Beats Expectations By $0.04 EPS

TFI International (NYSE:TFIIGet Free Report) posted its earnings results on Friday. The company reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.67 by $0.04, Briefing.com reports. TFI International had a return on equity of 20.92% and a net margin of 6.71%. The firm had revenue of $1.97 billion for the quarter, compared to analysts’ expectations of $1.95 billion. During the same period last year, the firm earned $1.72 EPS. The company’s quarterly revenue was up .6% on a year-over-year basis.

TFI International Stock Up 0.6 %

TFII stock opened at $142.30 on Monday. The firm has a market cap of $12.02 billion, a PE ratio of 24.49, a PEG ratio of 2.68 and a beta of 1.52. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.23 and a current ratio of 1.25. The firm’s 50 day moving average price is $129.76 and its 200-day moving average price is $126.11. TFI International has a one year low of $100.96 and a one year high of $145.00.

Institutional Trading of TFI International

Several institutional investors have recently made changes to their positions in TFII. Marshall Wace LLP purchased a new stake in TFI International in the fourth quarter valued at approximately $5,941,000. Geode Capital Management LLC grew its stake in shares of TFI International by 9.8% in the second quarter. Geode Capital Management LLC now owns 277,978 shares of the company’s stock worth $31,698,000 after acquiring an additional 24,872 shares in the last quarter. Amundi grew its stake in shares of TFI International by 6.1% in the fourth quarter. Amundi now owns 161,222 shares of the company’s stock worth $17,286,000 after acquiring an additional 9,262 shares in the last quarter. Neuberger Berman Group LLC grew its stake in shares of TFI International by 17.9% in the third quarter. Neuberger Berman Group LLC now owns 33,450 shares of the company’s stock worth $3,106,000 after acquiring an additional 5,068 shares in the last quarter. Finally, US Bancorp DE grew its stake in shares of TFI International by 1,700.8% in the first quarter. US Bancorp DE now owns 4,376 shares of the company’s stock worth $466,000 after acquiring an additional 4,133 shares in the last quarter. Hedge funds and other institutional investors own 60.32% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on TFII shares. Desjardins dropped their target price on TFI International from $192.00 to $182.00 and set a “buy” rating on the stock in a research report on Wednesday, October 25th. Bank of America lifted their price objective on TFI International from $127.00 to $140.00 and gave the stock a “neutral” rating in a report on Tuesday, December 26th. National Bankshares lowered their price objective on TFI International from $191.00 to $178.00 and set a “sector perform” rating on the stock in a report on Wednesday, October 25th. JPMorgan Chase & Co. lowered their price objective on TFI International from $133.00 to $132.00 and set an “overweight” rating on the stock in a report on Thursday, December 21st. Finally, Stephens lowered their price objective on TFI International from $170.00 to $160.00 and set an “overweight” rating on the stock in a report on Wednesday, October 25th. Four equities research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $153.78.

Read Our Latest Stock Report on TFII

About TFI International

(Get Free Report)

TFI International Inc provides transportation and logistics services in the United States, Canada, and Mexico. The company operates through Package and Courier, Less-Than-Truckload (LTL), Truckload (TL), and Logistics segments. The Package and Courier segment engages in the pickup, transport, and delivery of items.

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Earnings History for TFI International (NYSE:TFII)

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