National Bankshares Forecasts Strong Price Appreciation for TFI International (TSE:TFII) Stock

TFI International (TSE:TFII) had its target price increased by research analysts at National Bankshares from C$145.00 to C$170.00 in a report issued on Friday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. National Bankshares’ price target indicates a potential upside of 10.05% from the stock’s previous close.

Several other analysts have also recently issued reports on TFII. Desjardins upped their price objective on TFI International from C$157.00 to C$170.00 and gave the stock a “buy” rating in a report on Friday, December 12th. Scotiabank decreased their price objective on TFI International from C$144.00 to C$140.00 in a research report on Friday, October 3rd. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, TFI International presently has an average rating of “Moderate Buy” and a consensus price target of C$160.00.

TFI International Stock Performance

Shares of TSE TFII opened at C$154.48 on Friday. The stock has a market cap of C$12.71 billion, a PE ratio of 39.71, a price-to-earnings-growth ratio of 1.01 and a beta of 1.27. The company has a debt-to-equity ratio of 115.17, a current ratio of 0.98 and a quick ratio of 1.18. The firm has a fifty day moving average price of C$133.78 and a 200-day moving average price of C$128.78. TFI International has a 1 year low of C$102.57 and a 1 year high of C$201.92.

TFI International (TSE:TFII) last posted its quarterly earnings results on Thursday, October 30th. The company reported C$1.20 EPS for the quarter. The business had revenue of C$2.74 billion for the quarter. TFI International had a return on equity of 16.31% and a net margin of 5.67%. Equities analysts anticipate that TFI International will post 12.2345048 earnings per share for the current fiscal year.

Insider Activity at TFI International

In other news, insider David Joseph Saperstein sold 1,000 shares of the firm’s stock in a transaction on Friday, November 14th. The stock was sold at an average price of C$119.86, for a total value of C$119,860.00. Corporate insiders own 5.97% of the company’s stock.

TFI International Company Profile

TFI International Inc is a transportation and logistics company domiciled in Canada. The company organises itself into four segments: package and courier, less-than-truckload, truckload, and logistics. The package and courier segment picks up, transports, and delivers items across North America. The less-than-truckload segment transports smaller loads. The truckload segment transports goods by flatbed trucks, containers, or a more specialised service. The company provides general logistics services through the logistics segment.