Investment Analysts’ Weekly Ratings Updates for TFI International (TFII)

Several analysts have recently updated their ratings and price targets for TFI International (NYSE: TFII):

• 4/29/2024 – TFI International had its price target lowered by analysts at CIBC from $175.00 to $172.00. They now have an “outperformer” rating on the stock.
• 4/29/2024 – TFI International had its price target lowered by analysts at Royal Bank of Canada from $173.00 to $162.00. They now have an “outperform” rating on the stock.
• 4/29/2024 – TFI International had its price target lowered by analysts at TD Cowen from $178.00 to $176.00. They now have a “buy” rating on the stock.
• 4/26/2024 – TFI International was upgraded by analysts at National Bank Financial from a “sector perform under weight” rating to an “outperfrom under weight” rating.
• 4/15/2024 – TFI International had its price target raised by analysts at Bank of America Co. from $154.00 to $166.00. They now have a “neutral” rating on the stock.
• 4/11/2024 – TFI International had its price target raised by analysts at The Goldman Sachs Group, Inc. from $157.00 to $173.00. They now have a “buy” rating on the stock.
• 4/2/2024 – TFI International had its price target raised by analysts at CIBC from $167.00 to $175.00. They now have an “outperformer” rating on the stock.

TFI International Stock Performance

NYSE TFII opened at $134.47 on Thursday. The business’s 50-day moving average price is $149.80 and its 200 day moving average price is $134.77. The company has a current ratio of 1.66, a quick ratio of 1.64 and a debt-to-equity ratio of 0.86. TFI International Inc. has a twelve month low of $102.94 and a twelve month high of $162.13. The company has a market capitalization of $11.37 billion, a PE ratio of 23.88, a price-to-earnings-growth ratio of 1.02 and a beta of 1.57.

TFI International (NYSE:TFII) last released its earnings results on Thursday, April 25th. The company reported $1.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.39 by ($0.15). The company had revenue of $1.87 billion during the quarter, compared to analysts’ expectations of $1.89 billion. TFI International had a net margin of 6.44% and a return on equity of 20.39%. On average, research analysts predict that TFI International Inc. will post 6.92 earnings per share for the current year.

TFI International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Thursday, March 28th were issued a $0.40 dividend. The ex-dividend date was Wednesday, March 27th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.19%. TFI International’s dividend payout ratio (DPR) is 28.42%.

Institutional Trading of TFI International

A number of institutional investors and hedge funds have recently bought and sold shares of TFII. Vaughan Nelson Investment Management L.P. acquired a new position in TFI International during the first quarter valued at approximately $42,583,000. Argent Capital Management LLC lifted its holdings in shares of TFI International by 793.1% during the 1st quarter. Argent Capital Management LLC now owns 181,407 shares of the company’s stock valued at $28,927,000 after acquiring an additional 161,094 shares in the last quarter. Mediolanum International Funds Ltd purchased a new stake in TFI International during the 1st quarter worth $10,118,000. CDAM UK Ltd boosted its position in TFI International by 6.9% during the 4th quarter. CDAM UK Ltd now owns 381,912 shares of the company’s stock worth $51,932,000 after purchasing an additional 24,730 shares during the period. Finally, AGF Management Ltd. raised its position in TFI International by 67.5% in the fourth quarter. AGF Management Ltd. now owns 41,139 shares of the company’s stock valued at $5,596,000 after purchasing an additional 16,573 shares during the period. Institutional investors and hedge funds own 73.30% of the company’s stock.

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.