TFI International (TSE:TFII) Stock Price Up 1.4% – Here’s What Happened

TFI International Inc. (TSE:TFII) rose 1.4% during mid-day trading on Wednesday . The company traded as high as C$171.00 and last traded at C$170.53. Approximately 288,061 shares were traded during mid-day trading, an increase of 32% from the average daily volume of 219,047 shares. The stock had previously closed at C$168.16.

Analysts Set New Price Targets

Several brokerages have recently commented on TFII. Stifel Nicolaus raised their target price on shares of TFI International from C$100.00 to C$113.00 in a report on Wednesday, January 21st. Scotiabank raised their price objective on TFI International from C$140.00 to C$170.00 and gave the stock a “sector perform” rating in a research note on Wednesday, January 21st. National Bank Financial upped their target price on TFI International from C$145.00 to C$170.00 and gave the company an “outperform” rating in a research report on Friday, January 9th. Finally, Desjardins increased their target price on TFI International from C$170.00 to C$173.00 and gave the stock a “buy” rating in a report on Monday, January 12th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, TFI International has an average rating of “Moderate Buy” and an average price target of C$156.50.

TFI International Stock Up 1.4%

The firm has a 50 day simple moving average of C$149.77 and a two-hundred day simple moving average of C$134.01. The company has a quick ratio of 1.18, a current ratio of 0.98 and a debt-to-equity ratio of 115.17. The stock has a market capitalization of C$14.03 billion, a P/E ratio of 43.84, a PEG ratio of 1.01 and a beta of 1.21.

TFI International (TSE:TFII) last issued its quarterly earnings results on Thursday, October 30th. The company reported C$1.20 earnings per share (EPS) for the quarter. TFI International had a return on equity of 16.31% and a net margin of 5.67%.The company had revenue of C$2.74 billion for the quarter. On average, equities research analysts expect that TFI International Inc. will post 12.2345048 earnings per share for the current year.

Insider Transactions at TFI International

In other TFI International news, insider David Joseph Saperstein sold 1,000 shares of the business’s stock in a transaction dated Friday, November 14th. The stock was sold at an average price of C$119.86, for a total transaction of C$119,860.00. 5.97% of the stock is currently owned by corporate insiders.

About TFI International

TFI International Inc is a transportation and logistics company domiciled in Canada. The company organises itself into four segments: package and courier, less-than-truckload, truckload, and logistics. The package and courier segment picks up, transports, and delivers items across North America. The less-than-truckload segment transports smaller loads. The truckload segment transports goods by flatbed trucks, containers, or a more specialised service. The company provides general logistics services through the logistics segment.