TFI International (NYSE:TFII) PT Lowered to $170.00

TFI International (NYSE:TFII) had its price objective reduced by stock analysts at Susquehanna from $180.00 to $170.00 in a research note issued on Wednesday, Benzinga reports. The brokerage presently has a “positive” rating on the stock. Susquehanna’s target price would indicate a potential upside of 25.98% from the stock’s current price.

A number of other equities research analysts have also recently commented on the stock. Cormark raised shares of TFI International from a “hold” rating to a “moderate buy” rating in a research report on Monday, July 15th. JPMorgan Chase & Co. decreased their price objective on TFI International from $184.00 to $181.00 and set an “overweight” rating for the company in a report on Tuesday, October 8th. Stephens reissued an “equal weight” rating and issued a $149.00 price objective (down previously from $176.00) on shares of TFI International in a research report on Tuesday, October 1st. Desjardins lowered TFI International from a “buy” rating to a “hold” rating in a research report on Wednesday, July 17th. Finally, TD Cowen increased their price target on TFI International from $176.00 to $184.00 and gave the company a “buy” rating in a research note on Monday, July 29th. Seven equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $167.94.

TFI International Stock Up 2.5 %

Shares of NYSE TFII opened at $134.94 on Wednesday. TFI International has a 12-month low of $104.91 and a 12-month high of $162.13. The stock’s fifty day simple moving average is $142.35 and its two-hundred day simple moving average is $142.88. The stock has a market capitalization of $11.42 billion, a PE ratio of 24.53, a price-to-earnings-growth ratio of 1.50 and a beta of 1.55. The company has a current ratio of 0.98, a quick ratio of 0.92 and a debt-to-equity ratio of 0.84.

TFI International (NYSE:TFII) last issued its quarterly earnings data on Monday, October 21st. The company reported $1.60 earnings per share for the quarter, missing analysts’ consensus estimates of $1.79 by ($0.19). The company had revenue of $2.18 billion for the quarter, compared to the consensus estimate of $2.28 billion. TFI International had a net margin of 5.67% and a return on equity of 20.25%. During the same period in the previous year, the business earned $1.57 EPS. As a group, analysts expect that TFI International will post 6.64 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TFII. iA Global Asset Management Inc. purchased a new position in shares of TFI International during the 2nd quarter valued at about $240,000. Industrial Alliance Investment Management Inc. lifted its holdings in TFI International by 3.2% in the first quarter. Industrial Alliance Investment Management Inc. now owns 2,590 shares of the company’s stock valued at $413,000 after acquiring an additional 80 shares during the period. Hillsdale Investment Management Inc. boosted its position in TFI International by 1,200.0% in the 1st quarter. Hillsdale Investment Management Inc. now owns 4,550 shares of the company’s stock worth $726,000 after purchasing an additional 4,200 shares in the last quarter. Summit Global Investments grew its stake in shares of TFI International by 83.7% during the 2nd quarter. Summit Global Investments now owns 6,610 shares of the company’s stock worth $959,000 after purchasing an additional 3,012 shares during the period. Finally, Van ECK Associates Corp grew its stake in shares of TFI International by 6.9% during the 1st quarter. Van ECK Associates Corp now owns 11,502 shares of the company’s stock worth $1,835,000 after purchasing an additional 743 shares during the period. 73.30% of the stock is currently owned by institutional investors and hedge funds.

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.