TFI International (NYSE:TFII) Issues Earnings Results

TFI International (NYSE:TFIIGet Free Report) announced its earnings results on Friday. The company reported $1.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.67 by $0.04, Briefing.com reports. TFI International had a return on equity of 20.92% and a net margin of 6.71%. The company had revenue of $1.97 billion for the quarter, compared to analyst estimates of $1.95 billion. During the same period in the previous year, the firm earned $1.72 earnings per share. TFI International’s revenue for the quarter was up .6% compared to the same quarter last year.

TFI International Stock Up 0.6 %

NYSE TFII opened at $142.30 on Monday. The stock has a fifty day moving average of $129.76 and a 200-day moving average of $126.11. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.23 and a current ratio of 1.25. The stock has a market capitalization of $12.02 billion, a P/E ratio of 24.49, a price-to-earnings-growth ratio of 2.68 and a beta of 1.52. TFI International has a 52 week low of $100.96 and a 52 week high of $145.00.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Scotiabank upgraded TFI International from a “sector perform” rating to a “sector outperform” rating in a report on Monday, January 22nd. JPMorgan Chase & Co. dropped their price objective on TFI International from $133.00 to $132.00 and set an “overweight” rating on the stock in a research note on Thursday, December 21st. Stephens decreased their price target on shares of TFI International from $170.00 to $160.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 25th. Susquehanna lowered their price objective on TFI International from $155.00 to $140.00 and set a “positive” rating on the stock in a research report on Wednesday, October 25th. Finally, CIBC increased their price target on shares of TFI International from $147.00 to $152.00 and gave the stock an “outperform” rating in a research report on Monday, December 11th. Four equities research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $153.78.

Get Our Latest Stock Analysis on TFI International

Institutional Investors Weigh In On TFI International

Institutional investors have recently modified their holdings of the business. Geode Capital Management LLC increased its stake in shares of TFI International by 9.8% in the 2nd quarter. Geode Capital Management LLC now owns 277,978 shares of the company’s stock valued at $31,698,000 after acquiring an additional 24,872 shares during the last quarter. Amundi raised its stake in TFI International by 6.1% during the 4th quarter. Amundi now owns 161,222 shares of the company’s stock worth $17,286,000 after buying an additional 9,262 shares during the period. Bank of New York Mellon Corp lifted its holdings in TFI International by 0.9% during the third quarter. Bank of New York Mellon Corp now owns 132,859 shares of the company’s stock worth $12,022,000 after acquiring an additional 1,208 shares in the last quarter. Marshall Wace LLP bought a new stake in shares of TFI International in the fourth quarter worth about $5,941,000. Finally, Neuberger Berman Group LLC raised its position in shares of TFI International by 17.9% during the third quarter. Neuberger Berman Group LLC now owns 33,450 shares of the company’s stock worth $3,106,000 after purchasing an additional 5,068 shares during the period. Institutional investors and hedge funds own 60.32% of the company’s stock.

About TFI International

(Get Free Report)

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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Earnings History for TFI International (NYSE:TFII)

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