TFI International Inc. (NYSE:TFII) Receives $120.80 Consensus Target Price from Analysts

TFI International Inc. (NYSE:TFII) has been assigned a consensus rating of “Moderate Buy” from the twenty analysts that are presently covering the company, MarketBeat reports. Nine research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $127.75.

Several analysts recently weighed in on the company. The Goldman Sachs Group raised their price objective on TFI International from $116.00 to $128.00 and gave the company a “buy” rating in a research note on Thursday. Stephens reduced their price target on shares of TFI International from $115.00 to $105.00 and set an “equal weight” rating on the stock in a research note on Thursday, February 19th. Morgan Stanley reissued an “overweight” rating and issued a $160.00 price objective on shares of TFI International in a research note on Monday, December 8th. Stifel Nicolaus raised their target price on shares of TFI International from $113.00 to $116.00 and gave the company a “hold” rating in a research report on Thursday. Finally, Royal Bank Of Canada increased their target price on TFI International from $125.00 to $137.00 and gave the company an “outperform” rating in a research report on Thursday.

TFI International Price Performance

Shares of NYSE:TFII opened at $115.03 on Tuesday. The firm has a 50 day moving average of $111.80 and a 200-day moving average of $98.54. The stock has a market capitalization of $9.45 billion, a PE ratio of 30.92, a PEG ratio of 1.68 and a beta of 1.55. The company has a current ratio of 1.03, a quick ratio of 1.02 and a debt-to-equity ratio of 0.88. TFI International has a 12 month low of $72.02 and a 12 month high of $127.44.

TFI International (NYSE:TFII) last posted its quarterly earnings results on Tuesday, February 17th. The company reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.85 by $0.24. TFI International had a net margin of 3.94% and a return on equity of 13.73%. The business had revenue of $1.91 billion for the quarter, compared to analyst estimates of $1.37 billion. On average, equities research analysts predict that TFI International will post 7.76 EPS for the current fiscal year.

Institutional Investors Weigh In On TFI International

Hedge funds have recently added to or reduced their stakes in the business. BI Asset Management Fondsmaeglerselskab A S increased its position in TFI International by 0.5% in the 4th quarter. BI Asset Management Fondsmaeglerselskab A S now owns 24,172 shares of the company’s stock valued at $2,498,000 after acquiring an additional 121 shares during the period. Cornerstone Planning Group LLC raised its position in shares of TFI International by 20,080.0% during the third quarter. Cornerstone Planning Group LLC now owns 1,009 shares of the company’s stock worth $89,000 after acquiring an additional 1,004 shares during the last quarter. Twin Tree Management LP raised its position in shares of TFI International by 6.5% during the third quarter. Twin Tree Management LP now owns 16,527 shares of the company’s stock worth $1,455,000 after acquiring an additional 1,013 shares during the last quarter. SG Americas Securities LLC acquired a new position in shares of TFI International in the fourth quarter worth approximately $112,000. Finally, Sumitomo Mitsui Trust Group Inc. boosted its holdings in TFI International by 9.3% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 13,418 shares of the company’s stock valued at $1,182,000 after acquiring an additional 1,143 shares during the last quarter. 73.30% of the stock is currently owned by institutional investors and hedge funds.

About TFI International

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.