TFI International Inc. (TSE:TFII) Receives C$200.71 Average Target Price from Brokerages

Shares of TFI International Inc. (TSE:TFII) have been assigned a consensus rating of “Hold” from the seven research firms that are presently covering the stock, MarketBeat.com reports. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is C$200.71.

TFII has been the topic of several recent analyst reports. Cormark upped their price objective on shares of TFI International from C$230.00 to C$240.00 in a report on Monday, July 29th. Desjardins downgraded shares of TFI International from a “buy” rating to a “hold” rating and upped their price objective for the company from C$207.00 to C$219.00 in a report on Wednesday, July 17th. National Bankshares downgraded shares of TFI International from an “outperform” rating to a “sector perform” rating and upped their price objective for the company from C$217.00 to C$221.00 in a report on Monday, July 29th. Scotiabank upped their price objective on shares of TFI International from C$245.00 to C$250.00 and gave the company an “outperform” rating in a report on Monday, July 29th. Finally, CIBC cut their price objective on shares of TFI International from C$175.00 to C$172.00 and set an “outperform” rating on the stock in a report on Monday, April 29th.

Insider Buying and Selling

In other news, Director Alain Bédard sold 15,995 shares of the firm’s stock in a transaction that occurred on Wednesday, June 12th. The shares were sold at an average price of C$193.46, for a total transaction of C$3,094,381.50. In other news, Director Leslie Abi-Karam acquired 340 shares of the company’s stock in a transaction dated Monday, July 29th. The shares were acquired at an average price of C$154.09 per share, with a total value of C$52,390.60. Also, Director Alain Bédard sold 15,995 shares of the firm’s stock in a transaction that occurred on Wednesday, June 12th. The stock was sold at an average price of C$193.46, for a total transaction of C$3,094,381.50. In the last quarter, insiders have sold 24,572 shares of company stock worth $4,740,121. 5.96% of the stock is owned by company insiders.

TFI International Stock Performance

TFII stock opened at C$203.37 on Friday. The firm has a market cap of C$17.21 billion, a price-to-earnings ratio of 26.76, a PEG ratio of 1.01 and a beta of 1.40. The firm has a 50-day simple moving average of C$201.12 and a two-hundred day simple moving average of C$197.80. TFI International has a one year low of C$144.42 and a one year high of C$220.93. The company has a debt-to-equity ratio of 123.42, a quick ratio of 1.18 and a current ratio of 0.94.

TFI International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, July 15th. Investors of record on Monday, July 15th were issued a $0.40 dividend. The ex-dividend date of this dividend was Friday, June 28th. This represents a $1.60 annualized dividend and a yield of 0.79%. TFI International’s dividend payout ratio (DPR) is presently 28.68%.

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.