TFI International Inc. (NYSE:TFII) Expected to Announce Earnings of $1.72 Per Share

Brokerages predict that TFI International Inc. (NYSE:TFIIGet Rating) will announce earnings of $1.72 per share for the current quarter, Zacks Investment Research reports. Five analysts have made estimates for TFI International’s earnings, with the lowest EPS estimate coming in at $1.64 and the highest estimate coming in at $1.79. TFI International posted earnings per share of $1.44 in the same quarter last year, which would indicate a positive year-over-year growth rate of 19.4%. The company is expected to issue its next earnings results on Monday, January 1st.

According to Zacks, analysts expect that TFI International will report full year earnings of $6.70 per share for the current financial year, with EPS estimates ranging from $6.54 to $6.80. For the next financial year, analysts anticipate that the company will report earnings of $7.40 per share, with EPS estimates ranging from $6.16 to $8.00. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research analysts that cover TFI International.

TFI International (NYSE:TFIIGet Rating) last announced its quarterly earnings results on Thursday, April 28th. The company reported $1.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.29 by $0.39. The company had revenue of $2.19 billion for the quarter, compared to analysts’ expectations of $2.03 billion. TFI International had a net margin of 8.18% and a return on equity of 26.98%.

TFII has been the subject of a number of recent analyst reports. Bank of America cut shares of TFI International from a “buy” rating to a “neutral” rating and set a $95.00 price target for the company. in a research report on Friday, April 8th. Royal Bank of Canada lifted their price objective on shares of TFI International from $97.00 to $100.00 and gave the company an “outperform” rating in a report on Monday, May 2nd. Scotiabank lifted their price objective on shares of TFI International from C$135.00 to C$138.00 in a report on Monday, May 2nd. Morgan Stanley lifted their price objective on shares of TFI International from $125.00 to $135.00 and gave the company an “overweight” rating in a report on Wednesday, February 9th. Finally, TheStreet upgraded shares of TFI International from a “c” rating to a “b-” rating in a report on Monday, February 7th. Three investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $123.41.

Shares of TFII opened at $80.68 on Tuesday. TFI International has a fifty-two week low of $75.65 and a fifty-two week high of $120.50. The stock has a market cap of $7.38 billion, a PE ratio of 11.33, a price-to-earnings-growth ratio of 0.61 and a beta of 1.78. The firm’s 50-day simple moving average is $89.94 and its two-hundred day simple moving average is $96.82. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.16 and a current ratio of 1.19.

The business also recently declared a quarterly dividend, which was paid on Friday, April 15th. Stockholders of record on Thursday, March 31st were paid a dividend of $0.27 per share. The ex-dividend date of this dividend was Wednesday, March 30th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.34%. TFI International’s dividend payout ratio (DPR) is presently 15.17%.

Institutional investors have recently added to or reduced their stakes in the stock. Distillate Capital Partners LLC boosted its position in shares of TFI International by 11.2% in the 1st quarter. Distillate Capital Partners LLC now owns 2,011 shares of the company’s stock worth $214,000 after buying an additional 203 shares in the last quarter. US Bancorp DE boosted its position in shares of TFI International by 1,700.8% in the 1st quarter. US Bancorp DE now owns 4,376 shares of the company’s stock worth $466,000 after buying an additional 4,133 shares in the last quarter. FDx Advisors Inc. boosted its position in shares of TFI International by 5.8% in the 1st quarter. FDx Advisors Inc. now owns 8,228 shares of the company’s stock worth $876,000 after buying an additional 451 shares in the last quarter. Metatron Capital SICAV plc purchased a new stake in shares of TFI International in the 4th quarter worth about $965,000. Finally, Cumberland Partners Ltd lifted its holdings in TFI International by 2.8% in the 1st quarter. Cumberland Partners Ltd now owns 11,100 shares of the company’s stock valued at $1,183,000 after purchasing an additional 300 shares in the last quarter. Institutional investors and hedge funds own 60.04% of the company’s stock.

About TFI International (Get Rating)

TFI International Inc provides transportation and logistics services in the United States, Canada, and Mexico. 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.

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