Scotiabank Predicts Lower Earnings for TFI International

TFI International Inc. (NYSE:TFII) – Analysts at Scotiabank decreased their FY2026 earnings per share estimates for shares of TFI International in a research report issued on Thursday, February 19th. Scotiabank analyst K. Gupta now expects that the company will earn $4.49 per share for the year, down from their previous forecast of $4.76. Scotiabank has a “Sector Perform” rating on the stock. The consensus estimate for TFI International’s current full-year earnings is $7.76 per share. Scotiabank also issued estimates for TFI International’s FY2027 earnings at $5.77 EPS.

Several other equities research analysts have also recently weighed in on the company. The Goldman Sachs Group boosted their target price on TFI International from $116.00 to $128.00 and gave the stock a “buy” rating in a research note on Thursday. Canadian Imperial Bank of Commerce set a $134.00 target price on shares of TFI International and gave the stock an “outperform” rating in a research report on Thursday. Needham & Company LLC set a $130.00 price target on TFI International in a research report on Wednesday. Royal Bank Of Canada boosted their price objective on shares of TFI International from $125.00 to $137.00 and gave the company an “outperform” rating in a research note on Thursday. Finally, Citigroup raised their price objective on shares of TFI International from $106.00 to $131.00 and gave the company a “buy” rating in a research report on Wednesday, January 7th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $127.00.

TFI International Price Performance

TFI International stock opened at $119.28 on Friday. The stock has a market cap of $9.80 billion, a P/E ratio of 32.06, a price-to-earnings-growth ratio of 1.68 and a beta of 1.55. The company has a current ratio of 1.03, a quick ratio of 1.05 and a debt-to-equity ratio of 0.88. The company has a fifty day simple moving average of $111.59 and a 200-day simple moving average of $98.28. TFI International has a 12-month low of $72.02 and a 12-month high of $127.44.

TFI International (NYSE:TFII) last announced its quarterly earnings data on Tuesday, February 17th. The company reported $1.09 EPS for the quarter, topping analysts’ consensus estimates of $0.85 by $0.24. The business had revenue of $1.91 billion during the quarter, compared to the consensus estimate of $1.37 billion. TFI International had a return on equity of 13.73% and a net margin of 3.94%.

Institutional Trading of TFI International

Large investors have recently made changes to their positions in the stock. Baillie Gifford & Co. raised its stake in TFI International by 1.0% in the 4th quarter. Baillie Gifford & Co. now owns 1,029,871 shares of the company’s stock valued at $106,590,000 after purchasing an additional 10,693 shares during the last quarter. Dixon Mitchell Investment Counsel Inc. increased its stake in TFI International by 11.5% during the third quarter. Dixon Mitchell Investment Counsel Inc. now owns 912,039 shares of the company’s stock worth $80,718,000 after acquiring an additional 93,705 shares during the last quarter. Geode Capital Management LLC raised its holdings in TFI International by 5.5% in the fourth quarter. Geode Capital Management LLC now owns 733,510 shares of the company’s stock valued at $76,293,000 after buying an additional 38,200 shares during the period. QV Investors Inc. raised its stake in shares of TFI International by 25.1% in the 3rd quarter. QV Investors Inc. now owns 441,478 shares of the company’s stock valued at $38,862,000 after acquiring an additional 88,697 shares during the period. Finally, Baskin Financial Services Inc. lifted its stake in shares of TFI International by 1.7% during the third quarter. Baskin Financial Services Inc. now owns 427,359 shares of the company’s stock worth $37,582,000 after purchasing an additional 7,207 shares in the last quarter. Institutional investors and hedge funds own 73.30% of the company’s stock.

TFI International Company Profile

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.