Insider Buying: TFI International (TSE:TFII) Director Purchases 2,000 Shares of Stock

TFI International Inc. (TSE:TFII) Director Diane Giard acquired 2,000 shares of TFI International stock in a transaction dated Wednesday, May 13th. The stock was bought at an average price of C$183.86 per share, with a total value of C$367,720.00. Following the completion of the purchase, the director directly owned 13,593 shares in the company, valued at C$2,499,208.98. This represents a 17.25% increase in their ownership of the stock.

TFI International Stock Performance

Shares of TSE:TFII traded down C$1.37 during midday trading on Wednesday, hitting C$183.61. The company had a trading volume of 183,405 shares, compared to its average volume of 231,140. The company has a debt-to-equity ratio of 119.57, a current ratio of 1.07 and a quick ratio of 1.18. The company has a market cap of C$15.09 billion, a price-to-earnings ratio of 51.14, a PEG ratio of 1.01 and a beta of 1.49. TFI International Inc. has a 12-month low of C$113.72 and a 12-month high of C$203.93. The company has a fifty day moving average of C$165.04 and a two-hundred day moving average of C$150.55.

TFI International (TSE:TFII) last posted its quarterly earnings data on Monday, April 27th. The company reported C$0.96 EPS for the quarter. The firm had revenue of C$2.71 billion during the quarter. TFI International had a return on equity of 11.18% and a net margin of 3.79%. On average, equities research analysts expect that TFI International Inc. will post 12.2345048 EPS for the current fiscal year.

TFI International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 15th were paid a $0.47 dividend. This represents a $1.88 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Tuesday, March 31st. TFI International’s dividend payout ratio is 51.25%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on TFII shares. Desjardins upped their price objective on TFI International from C$183.00 to C$221.00 and gave the stock a “buy” rating in a research note on Tuesday, April 28th. Scotiabank upped their price objective on TFI International from C$170.00 to C$200.00 in a research note on Tuesday, April 28th. Citigroup upped their price objective on TFI International from C$143.00 to C$144.00 and gave the stock a “buy” rating in a research note on Tuesday, April 7th. Stifel Nicolaus increased their price target on TFI International from C$100.00 to C$113.00 in a research note on Wednesday, January 21st. Finally, National Bank Financial increased their price target on TFI International from C$190.00 to C$208.00 and gave the stock an “outperform” rating in a research note on Tuesday, April 28th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of C$177.20.

TFI International Company Profile

TFI International Inc is a North American leader in the transportation and logistics industry, operating across the United States,Canada and Mexico through its subsidiaries. TFI International creates value for shareholders by identifying strategic acquisitions and managing a growing network of wholly-owned operating subsidiaries. Under the TFI International umbrella, companies benefit from financial and operational resources to build their businesses and increase their efficiency. TFI International companies service the following segments: Less-Than-Truckload; Truckload; Logistics.