TFI International (NYSE:TFII) PT Raised to $175.00

TFI International (NYSE:TFIIGet Free Report) had its target price increased by CIBC from $167.00 to $175.00 in a research note issued on Tuesday, Benzinga reports. The brokerage currently has an “outperformer” rating on the stock. CIBC’s price objective indicates a potential upside of 10.52% from the stock’s current price.

Other equities analysts have also issued research reports about the company. BMO Capital Markets increased their price target on TFI International from $130.00 to $140.00 and gave the company a “market perform” rating in a research report on Monday, February 12th. Bank of America increased their price target on TFI International from $127.00 to $140.00 and gave the company a “neutral” rating in a research report on Tuesday, December 26th. Morgan Stanley increased their price target on TFI International from $169.00 to $176.00 and gave the company an “overweight” rating in a research report on Monday, February 12th. Stifel Nicolaus increased their price target on TFI International from $148.00 to $149.00 and gave the company a “buy” rating in a research report on Wednesday, January 10th. Finally, JPMorgan Chase & Co. reduced their price objective on TFI International from $133.00 to $132.00 and set an “overweight” rating for the company in a research note on Thursday, December 21st. Four research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $156.72.

View Our Latest Research Report on TFII

TFI International Trading Up 0.1 %

Shares of TFII stock opened at $158.34 on Tuesday. The stock has a 50-day simple moving average of $147.42 and a 200 day simple moving average of $131.39. TFI International has a fifty-two week low of $100.96 and a fifty-two week high of $161.98. The stock has a market capitalization of $13.38 billion, a P/E ratio of 27.25, a P/E/G ratio of 4.23 and a beta of 1.52. The company has a quick ratio of 1.23, a current ratio of 1.25 and a debt-to-equity ratio of 0.66.

TFI International (NYSE:TFIIGet Free Report) last announced its earnings results on Friday, February 9th. The company reported $1.71 earnings per share for the quarter, beating the consensus estimate of $1.67 by $0.04. TFI International had a return on equity of 20.92% and a net margin of 6.71%. The business had revenue of $1.97 billion during the quarter, compared to analysts’ expectations of $1.95 billion. During the same quarter last year, the business posted $1.72 earnings per share. The company’s quarterly revenue was up .6% on a year-over-year basis. On average, sell-side analysts expect that TFI International will post 7.55 earnings per share for the current fiscal year.

Institutional Investors Weigh In On TFI International

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Barometer Capital Management Inc. acquired a new position in shares of TFI International during the 3rd quarter valued at about $1,677,000. Argent Capital Management LLC acquired a new position in shares of TFI International during the 3rd quarter valued at about $2,545,000. Van ECK Associates Corp increased its holdings in shares of TFI International by 3.4% during the 3rd quarter. Van ECK Associates Corp now owns 10,306 shares of the company’s stock valued at $1,324,000 after acquiring an additional 343 shares during the last quarter. Cary Street Partners Investment Advisory LLC acquired a new position in shares of TFI International during the 3rd quarter valued at about $27,000. Finally, Silvercrest Asset Management Group LLC increased its holdings in shares of TFI International by 7.6% during the 2nd quarter. Silvercrest Asset Management Group LLC now owns 114,976 shares of the company’s stock valued at $13,103,000 after acquiring an additional 8,088 shares during the last quarter. 73.30% of the stock is owned by hedge funds and other institutional investors.

About TFI International

(Get Free Report)

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.

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