TFI International (NYSE:TFII) PT Lowered to $172.00 at CIBC

TFI International (NYSE:TFII) had its price objective reduced by CIBC from $175.00 to $172.00 in a research note issued to investors on Monday morning, Benzinga reports. They currently have an outperformer rating on the stock.

Several other equities research analysts have also commented on TFII. BMO Capital Markets boosted their price objective on shares of TFI International from $130.00 to $140.00 and gave the stock a market perform rating in a research report on Monday, February 12th. TD Cowen decreased their price objective on shares of TFI International from $178.00 to $176.00 and set a buy rating on the stock in a research report on Monday. Deutsche Bank Aktiengesellschaft started coverage on shares of TFI International in a research report on Monday, January 29th. They issued a buy rating and a $175.00 price objective on the stock. Bank of America boosted their price objective on shares of TFI International from $154.00 to $166.00 and gave the stock a neutral rating in a research report on Monday, April 15th. Finally, Stifel Nicolaus boosted their price objective on shares of TFI International from $148.00 to $149.00 and gave the stock a buy rating in a research report on Wednesday, January 10th. Three research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of Moderate Buy and an average target price of $160.78.

TFI International Stock Performance

Shares of TFI International stock opened at $129.79 on Monday. The firm’s fifty day simple moving average is $151.29 and its 200-day simple moving average is $134.32. The stock has a market capitalization of $10.98 billion, a price-to-earnings ratio of 23.05, a PEG ratio of 1.41 and a beta of 1.52. TFI International has a 12 month low of $102.94 and a 12 month high of $162.13. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.66 and a quick ratio of 1.64.

TFI International (NYSE:TFII) last posted its quarterly earnings data on Thursday, April 25th. The company reported $1.24 earnings per share for the quarter, missing analysts’ consensus estimates of $1.39 by ($0.15). TFI International had a net margin of 6.44% and a return on equity of 20.39%. The firm had revenue of $1.87 billion during the quarter, compared to analysts’ expectations of $1.89 billion. As a group, equities analysts forecast that TFI International will post 7.41 earnings per share for the current year.

TFI International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Thursday, March 28th were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.23%. The ex-dividend date of this dividend was Wednesday, March 27th. TFI International’s dividend payout ratio (DPR) is currently 28.42%.

Hedge Funds Weigh In On TFI International

Several institutional investors and hedge funds have recently modified their holdings of TFII. Cary Street Partners Investment Advisory LLC bought a new position in TFI International in the 3rd quarter valued at approximately $27,000. UMB Bank n.a. bought a new stake in TFI International in the 1st quarter valued at about $136,000. SG Americas Securities LLC bought a new stake in TFI International in the 3rd quarter valued at about $257,000. Clearbridge Investments LLC purchased a new position in TFI International during the 4th quarter valued at about $287,000. Finally, Campbell & CO Investment Adviser LLC grew its holdings in shares of TFI International by 67.0% during the fourth quarter. Campbell & CO Investment Adviser LLC now owns 3,842 shares of the company’s stock worth $522,000 after purchasing an additional 1,542 shares in the last quarter. 73.30% of the stock is currently owned by institutional investors and hedge funds.

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.