TFI International (NYSE:TFII) Downgraded by Zacks Research to “Hold”

Zacks Research downgraded shares of TFI International (NYSE:TFII) from a strong-buy rating to a hold rating in a research note issued to investors on Monday,Zacks reports.

TFII has been the subject of several other research reports. UBS Group raised their price objective on TFI International from $154.00 to $159.00 and gave the company a “neutral” rating in a report on Tuesday, July 28th. The Goldman Sachs Group increased their price objective on shares of TFI International from $145.00 to $168.00 and gave the company a “buy” rating in a research report on Tuesday, June 23rd. National Bank Financial lifted their price target on TFI International from $160.00 to $161.00 and gave the stock an “outperform” rating in a report on Tuesday, July 28th. Stifel Nicolaus raised their price target on shares of TFI International from $150.00 to $160.00 and gave the stock a “hold” rating in a research report on Tuesday, July 28th. Finally, Citigroup cut their target price on TFI International from $182.00 to $180.00 and set a “buy” rating for the company in a research report on Tuesday, July 28th. Fourteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $175.76.

TFI International Stock Down 0.4%

NYSE TFII opened at $121.83 on Monday. The stock has a market capitalization of $10.01 billion, a P/E ratio of 29.93, a price-to-earnings-growth ratio of 0.76 and a beta of 1.62. TFI International has a 52 week low of $80.63 and a 52 week high of $167.69. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.08 and a current ratio of 1.09. The stock has a fifty day moving average of $135.75 and a 200-day moving average of $136.08.

TFI International (NYSE:TFII) last posted its quarterly earnings results on Monday, July 27th. The company reported $1.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.59 by $0.26. TFI International had a return on equity of 14.87% and a net margin of 4.14%.The business had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.23 billion. TFI International has set its Q3 2026 guidance at 1.700-1.800 EPS. On average, equities research analysts forecast that TFI International will post 6.06 EPS for the current year.

TFI International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be issued a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Wednesday, September 30th. TFI International’s dividend payout ratio (DPR) is currently 46.19%.

Institutional Investors Weigh In On TFI International

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Allworth Financial LP purchased a new stake in TFI International in the 2nd quarter worth about $46,000. State of Wyoming purchased a new stake in TFI International during the 2nd quarter worth about $56,000. Versant Capital Management Inc boosted its stake in TFI International by 47.3% in the 2nd quarter. Versant Capital Management Inc now owns 408 shares of the company’s stock worth $59,000 after purchasing an additional 131 shares during the period. Tacita Capital Inc bought a new position in TFI International in the 2nd quarter worth about $91,000. Finally, Syon Capital LLC purchased a new position in TFI International during the 2nd quarter valued at about $239,000. Hedge funds and other institutional investors own 73.30% of the company’s stock.

About TFI International

TFI International Inc is a transportation and logistics company headquartered in Saint-Laurent, Quebec. Through its operating companies, TFI International provides freight transportation, logistics and related services across North America, with operations serving Canada, the United States and Mexico.

The company’s principal activities include less-than-truckload and truckload transportation, package and courier delivery, last-mile services, specialized transportation and logistics. Its specialized operations support industries and customers requiring services such as expedited delivery, freight brokerage, final-mile distribution, household moving and handling of specialized or regulated cargo.

TFI International traces its roots to 1957 and was previously known as TransForce Inc The company adopted the TFI International name in 2016 as part of a broader effort to reflect the scope of its transportation and logistics operations.