TFI International (NYSE:TFII) Price Target Cut to $105.00 by Analysts at Stephens

TFI International (NYSE:TFII) had its price target dropped by investment analysts at Stephens from $115.00 to $105.00 in a note issued to investors on Thursday,Benzinga reports. The firm currently has an “equal weight” rating on the stock. Stephens’ price objective points to a potential downside of 9.84% from the stock’s previous close.

A number of other equities analysts also recently issued reports on the stock. Morgan Stanley reaffirmed an “overweight” rating and set a $160.00 price objective on shares of TFI International in a report on Monday, December 8th. Citigroup boosted their price target on shares of TFI International from $106.00 to $131.00 and gave the stock a “buy” rating in a report on Wednesday, January 7th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of TFI International in a research report on Monday, December 29th. Scotiabank reissued a “sector perform” rating on shares of TFI International in a research report on Wednesday, January 21st. Finally, Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating and issued a $121.00 target price on shares of TFI International in a report on Thursday, January 8th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $123.75.

TFI International Price Performance

TFII stock opened at $116.46 on Thursday. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.05 and a current ratio of 1.06. The business has a 50-day simple moving average of $110.95 and a two-hundred day simple moving average of $97.84. The company has a market capitalization of $9.57 billion, a P/E ratio of 31.31, a price-to-earnings-growth ratio of 7.66 and a beta of 1.55. TFI International has a 52-week low of $72.02 and a 52-week high of $128.55.

TFI International (NYSE:TFII) last posted its earnings results on Tuesday, February 17th. The company reported $1.09 earnings per share for the quarter, beating analysts’ consensus estimates of $0.85 by $0.24. TFI International had a return on equity of 13.77% and a net margin of 3.94%.The company had revenue of $1.91 billion for the quarter, compared to analyst estimates of $1.37 billion. Research analysts expect that TFI International will post 7.76 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Cornerstone Planning Group LLC raised its stake in TFI International by 20,080.0% in the 3rd quarter. Cornerstone Planning Group LLC now owns 1,009 shares of the company’s stock valued at $89,000 after acquiring an additional 1,004 shares during the period. SG Americas Securities LLC bought a new stake in shares of TFI International in the fourth quarter valued at approximately $112,000. Flow Traders U.S. LLC purchased a new stake in shares of TFI International during the 3rd quarter valued at approximately $207,000. FourThought Financial Partners LLC bought a new position in TFI International in the 3rd quarter worth approximately $245,000. Finally, United Services Automobile Association purchased a new position in TFI International in the 1st quarter valued at approximately $217,000. Institutional investors own 73.30% of the company’s stock.

TFI International Company Profile

TFI International Inc (NYSE: TFII) is a leading North American transport and logistics company headquartered in Montreal, Quebec. The company operates through a network of subsidiaries that provide truckload, less-than-truckload (LTL), specialized freight, package and courier, and logistics services. By integrating these operations, TFI delivers comprehensive end-to-end solutions, including long-haul and regional transportation, expedited delivery, warehousing, and cross-border freight movement.

Originally founded in 1957 as a regional trucking outfit in Cabano, Quebec, TFI International has expanded significantly through a disciplined acquisition strategy.