TFI International Inc. (NYSE:TFII) Given Average Rating of “Moderate Buy” by Analysts

TFI International Inc. (NYSE:TFII) has received a consensus recommendation of “Moderate Buy” from the sixteen brokerages that are currently covering the company, Marketbeat reports. Five research analysts have rated the stock with a hold recommendation and eleven have assigned a buy recommendation to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $170.33.

Several brokerages have recently weighed in on TFII. Stifel Nicolaus upped their target price on shares of TFI International from $151.00 to $162.00 and gave the company a “buy” rating in a research note on Wednesday, July 31st. TD Cowen lifted their target price on TFI International from $176.00 to $184.00 and gave the stock a “buy” rating in a research report on Monday, July 29th. Cormark raised TFI International from a “hold” rating to a “moderate buy” rating in a report on Monday, July 15th. JPMorgan Chase & Co. lifted their price objective on TFI International from $170.00 to $184.00 and gave the stock an “overweight” rating in a report on Monday, July 29th. Finally, Royal Bank of Canada upped their target price on TFI International from $162.00 to $171.00 and gave the company an “outperform” rating in a research report on Monday, July 29th.

Institutional Trading of TFI International

Several institutional investors have recently added to or reduced their stakes in TFII. Vaughan Nelson Investment Management L.P. acquired a new position in shares of TFI International in the 1st quarter valued at about $42,583,000. Argent Capital Management LLC lifted its holdings in TFI International by 793.1% in the first quarter. Argent Capital Management LLC now owns 181,407 shares of the company’s stock worth $28,927,000 after acquiring an additional 161,094 shares during the last quarter. AGF Management Ltd. boosted its stake in TFI International by 359.1% in the second quarter. AGF Management Ltd. now owns 111,515 shares of the company’s stock valued at $16,192,000 after acquiring an additional 87,223 shares during the period. Mediolanum International Funds Ltd acquired a new stake in shares of TFI International during the 1st quarter worth approximately $10,118,000. Finally, CDAM UK Ltd lifted its holdings in shares of TFI International by 6.9% in the 4th quarter. CDAM UK Ltd now owns 381,912 shares of the company’s stock worth $51,932,000 after purchasing an additional 24,730 shares during the last quarter. Institutional investors own 73.30% of the company’s stock.

TFI International Stock Performance

TFI International stock opened at $144.74 on Tuesday. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.94 and a quick ratio of 0.92. TFI International has a 12 month low of $104.91 and a 12 month high of $162.13. The company has a market cap of $12.25 billion, a price-to-earnings ratio of 25.71, a price-to-earnings-growth ratio of 1.49 and a beta of 1.55. The stock’s 50-day moving average is $148.36 and its 200-day moving average is $145.69.

TFI International (NYSE:TFII) last issued its earnings results on Thursday, July 25th. The company reported $1.71 earnings per share for the quarter, topping the consensus estimate of $1.61 by $0.10. The company had revenue of $2.26 billion during the quarter, compared to the consensus estimate of $2.28 billion. TFI International had a return on equity of 20.48% and a net margin of 5.93%. The company’s revenue was up 26.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.59 earnings per share. Equities analysts anticipate that TFI International will post 6.86 earnings per share for the current year.

About TFI International

TFI International Inc, together with its subsidiaries, provides transportation and logistics services in the United States and Canada. 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 in North America.