TFI International (TSE:TFII) Trading Down 5.8%

TFI International Inc. (TSE:TFII)’s share price traded down 5.8% on Wednesday . The stock traded as low as C$195.12 and last traded at C$201.44. 119,592 shares were traded during mid-day trading, a decline of 31% from the average session volume of 173,964 shares. The stock had previously closed at C$213.79.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on TFII shares. Cormark lifted their price objective on shares of TFI International from C$180.00 to C$200.00 and gave the stock a “market perform” rating in a research report on Monday, February 12th. Desjardins lifted their target price on TFI International from C$208.00 to C$216.00 and gave the company a “buy” rating in a research note on Monday, February 12th. Scotiabank lifted their target price on TFI International from C$225.00 to C$235.00 and gave the company an “outperform” rating in a research note on Monday, March 25th. National Bankshares raised their price target on TFI International from C$209.00 to C$222.00 and gave the company a “sector perform” rating in a report on Wednesday, March 27th. Finally, Royal Bank of Canada lifted their price objective on TFI International from C$155.00 to C$173.00 and gave the stock an “outperform” rating in a report on Tuesday. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of C$186.38.

TFI International Stock Performance

The stock has a 50 day simple moving average of C$205.87 and a 200 day simple moving average of C$180.46. The company has a market cap of C$16.79 billion, a price-to-earnings ratio of 27.17, a PEG ratio of 1.01 and a beta of 1.40. The company has a quick ratio of 1.18, a current ratio of 1.25 and a debt-to-equity ratio of 90.47.

Insider Buying and Selling

In related news, Director Alain Bédard sold 30,000 shares of the business’s stock in a transaction dated Monday, March 25th. The stock was sold at an average price of C$217.23, for a total value of C$6,516,822.00. In other TFI International news, Director Alain Bédard sold 30,000 shares of the company’s stock in a transaction that occurred on Monday, March 25th. The stock was sold at an average price of C$217.23, for a total transaction of C$6,516,822.00. Also, insider TFI International Inc. acquired 66,895 shares of the business’s stock in a transaction on Thursday, February 8th. The shares were purchased at an average price of C$191.48 per share, for a total transaction of C$12,809,348.94. Over the last 90 days, insiders have acquired 68,471 shares of company stock worth $13,116,112 and have sold 52,706 shares worth $11,109,229. Insiders own 5.73% of the company’s stock.

TFI International Company Profile

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.