TFI International (NYSE:TFII) Stock Gets Price Target Reduction from Royal Bank Of Canada

TFI International (NYSE:TFII) had its price objective decreased by Royal Bank Of Canada from $144.00 to $117.00 in a research report report published on Monday, MarketBeat Ratings reports. Royal Bank Of Canada currently has an outperform rating on the stock.

Several other brokerages also recently issued reports on TFII. National Bank Financial cut their price target on TFI International from $161.00 to $148.00 and set an “outperform” rating for the company in a report on Tuesday, October 6th. Citigroup reiterated a “cautious” rating on shares of TFI International in a report on Wednesday, October 7th. Wall Street Zen lowered shares of TFI International from a “strong-buy” rating to a “buy” rating in a research report on Saturday, October 10th. Morgan Stanley raised their target price on shares of TFI International from $175.00 to $190.00 and gave the stock an “overweight” rating in a research note on Monday, July 6th. Finally, Scotia lifted their target price on shares of TFI International from $260.00 to $263.00 and gave the stock a “sector outperform” rating in a report on Tuesday, July 28th. Sixteen analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, TFI International currently has a consensus rating of “Moderate Buy” and a consensus target price of $145.32.

TFI International Stock Performance

NYSE TFII opened at $100.19 on Monday. The firm has a market capitalization of $8.20 billion, a P/E ratio of 23.14, a price-to-earnings-growth ratio of 0.76 and a beta of 1.67. The company has a current ratio of 1.11, a quick ratio of 1.10 and a debt-to-equity ratio of 0.79. The firm’s fifty day moving average price is $119.90 and its two-hundred day moving average price is $129.04. TFI International has a 1 year low of $80.63 and a 1 year high of $167.69.

TFI International (NYSE:TFII) last issued its earnings results on Thursday, October 29th. The company reported $1.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.75 by ($0.08). The firm had revenue of $2.23 billion during the quarter, compared to the consensus estimate of $2.23 billion. TFI International had a net margin of 4.26% and a return on equity of 16.05%. As a group, research analysts anticipate that TFI International will post 5.62 EPS for the current year.

Institutional Trading of TFI International

Several institutional investors have recently added to or reduced their stakes in the company. Nykredit A S bought a new stake in shares of TFI International in the second quarter valued at approximately $3,031,000. Caisse de depot et placement du Quebec acquired a new stake in TFI International during the second quarter worth approximately $910,995,000. TD Waterhouse Canada Inc. grew its position in TFI International by 10.4% during the second quarter. TD Waterhouse Canada Inc. now owns 250,009 shares of the company’s stock worth $34,207,000 after buying an additional 23,597 shares in the last quarter. Hill City Capital LP bought a new position in TFI International during the 2nd quarter worth $20,817,650. Finally, BlackRock Inc. acquired a new position in TFI International in the 2nd quarter valued at $14,341,000. 73.30% of the stock is currently owned by institutional investors.

Key Headlines Impacting TFI International

Here are the key news stories impacting TFI International this week:

• Positive Sentiment: Directors buying shares can indicate confidence in the company’s outlook and may provide a supportive signal to investors. Directors buying at TFI International (TFII)
• Neutral Sentiment: Veritas began coverage with a Hold rating, indicating a wait-and-see stance rather than a clear endorsement or bearish call. Veritas stock recommendations
• Negative Sentiment: Multiple firms—including TD Cowen, Stephens, Citigroup, RBC Dominion Securities, and Canadian Imperial Bank of Commerce—cut their expectations or price targets for TFI International. The cluster of downward revisions may weigh on sentiment, although the headlines do not specify the new targets or analysts’ reasoning. TD Cowen lowers expectations Stephens lowers expectations Citigroup lowers expectations RBC Dominion Securities lowers expectations CIBC cuts price target Royal Bank of Canada lowers expectations
• Negative Sentiment: A Seeking Alpha analysis characterizes TFI as having “two good businesses” and “a broken one,” raising concerns about uneven performance across its operations. The headline alone does not provide details of the analysis. TFI International: Two Good Businesses…And A Broken One

TFI International Company Profile

TFI International Inc is a North American transportation and logistics company headquartered in Saint-Laurent, Quebec. The company provides a broad range of freight and supply chain services through a network of operating companies in Canada and the United States.

Its business activities include package and courier delivery, less-than-truckload and truckload transportation, freight brokerage, logistics, warehousing, and specialized services. TFI International also serves niche transportation markets, including waste management, environmental services, and other specialized freight requirements.

The company traces its origins to 1957 and has expanded through organic growth and acquisitions.