TFI International (TSE:TFII) Reaches New 1-Year High – Still a Buy?

TFI International Inc. (TSE:TFII) hit a new 52-week high on Thursday . The company traded as high as C$213.12 and last traded at C$209.73, with a volume of 208008 shares. The stock had previously closed at C$208.28.

Wall Street Analyst Weigh In

TFII has been the subject of a number of research analyst reports. Citigroup boosted their target price on shares of TFI International from C$143.00 to C$144.00 and gave the stock a “buy” rating in a research note on Tuesday, April 7th. Desjardins boosted their target price on shares of TFI International from C$183.00 to C$221.00 and gave the stock a “buy” rating in a research note on Tuesday, April 28th. Scotiabank boosted their target price on shares of TFI International from C$170.00 to C$200.00 in a research note on Tuesday, April 28th. Finally, National Bank Financial boosted their target price on shares of TFI International from C$190.00 to C$208.00 and gave the stock an “outperform” rating in a research note on Tuesday, April 28th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, TFI International has a consensus rating of “Moderate Buy” and a consensus price target of C$177.20.

TFI International Stock Performance

The company has a market capitalization of C$17.48 billion, a P/E ratio of 59.24, a P/E/G ratio of 1.01 and a beta of 1.49. The company has a debt-to-equity ratio of 119.57, a current ratio of 1.07 and a quick ratio of 1.18. The stock’s 50 day simple moving average is C$178.02 and its two-hundred day simple moving average is C$156.93.

TFI International (TSE:TFII) last issued its quarterly earnings results on Monday, April 27th. The company reported C$0.96 EPS for the quarter. TFI International had a net margin of 3.79% and a return on equity of 11.18%. The company had revenue of C$2.71 billion during the quarter. As a group, research analysts expect that TFI International Inc. will post 12.2345048 earnings per share for the current year.

TFI International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 15th were given a dividend of $0.47 per share. The ex-dividend date was Tuesday, March 31st. This represents a $1.88 annualized dividend and a dividend yield of 0.9%. TFI International’s payout ratio is currently 51.25%.

Insider Transactions at TFI International

In other TFI International news, Director Diane Giard purchased 2,000 shares of the stock in a transaction dated Wednesday, May 13th. The stock was bought at an average price of C$183.86 per share, for a total transaction of C$367,720.00. Following the transaction, the director directly owned 13,593 shares in the company, valued at C$2,499,208.98. This represents a 17.25% increase in their ownership of the stock. Also, Director Alain Bédard sold 13,500 shares of TFI International stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of C$206.50, for a total transaction of C$2,787,750.00. Following the sale, the director owned 200,009 shares of the company’s stock, valued at approximately C$41,301,858.50. This represents a 6.32% decrease in their position. Insiders sold a total of 25,800 shares of company stock worth $5,213,217 in the last quarter. 5.97% of the stock is owned by company insiders.

TFI International Company Profile

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.