TFI International Inc. (NYSE:TFII) Receives Consensus Recommendation of “Moderate Buy” from Analysts

TFI International Inc. (NYSE:TFII) has received a consensus rating of “Moderate Buy” from the twenty-one ratings firms that are presently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, ten have assigned a buy rating and two have issued a strong buy rating on the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $120.7333.

Several analysts have commented on the stock. Royal Bank Of Canada lifted their target price on shares of TFI International from $102.00 to $125.00 and gave the stock an “outperform” rating in a research note on Monday, December 22nd. CIBC restated an “outperform” rating and issued a $121.00 price target on shares of TFI International in a report on Thursday, January 8th. Susquehanna upped their target price on TFI International from $105.00 to $123.00 and gave the stock a “positive” rating in a research report on Monday, January 5th. Scotiabank reaffirmed a “sector perform” rating on shares of TFI International in a report on Wednesday. Finally, TD Cowen restated a “buy” rating on shares of TFI International in a report on Friday, January 9th.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Cornerstone Planning Group LLC grew its holdings in TFI International by 20,080.0% in the 3rd quarter. Cornerstone Planning Group LLC now owns 1,009 shares of the company’s stock worth $89,000 after buying an additional 1,004 shares in the last quarter. SG Americas Securities LLC acquired a new position in shares of TFI International in the 4th quarter worth approximately $112,000. Flow Traders U.S. LLC acquired a new position in TFI International in the third quarter worth approximately $207,000. FourThought Financial Partners LLC acquired a new stake in shares of TFI International during the third quarter worth $245,000. Finally, United Services Automobile Association purchased a new stake in TFI International during the first quarter valued at about $217,000. 73.30% of the stock is currently owned by institutional investors.

TFI International Stock Up 0.6%

TFII stock opened at $111.66 on Friday. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.06 and a quick ratio of 1.05. The company’s 50 day simple moving average is $100.69 and its 200-day simple moving average is $94.31. The firm has a market capitalization of $9.17 billion, a PE ratio of 28.78, a P/E/G ratio of 5.09 and a beta of 1.49. TFI International has a 12 month low of $72.02 and a 12 month high of $140.35.

TFI International (NYSE:TFII) last released its quarterly earnings results on Thursday, October 30th. The company reported $1.20 earnings per share for the quarter, topping analysts’ consensus estimates of $1.19 by $0.01. The company had revenue of $1.97 billion during the quarter, compared to analysts’ expectations of $1.49 billion. TFI International had a return on equity of 14.20% and a net margin of 4.06%. Equities analysts expect that TFI International will post 7.76 earnings per share for the current fiscal year.

TFI International Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were paid a dividend of $0.47 per share. The ex-dividend date was Wednesday, December 31st. This is an increase from TFI International’s previous quarterly dividend of $0.45. This represents a $1.88 annualized dividend and a yield of 1.7%. TFI International’s payout ratio is currently 48.45%.

About TFI International

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.