National Bank Financial Cuts TFI International (NYSE:TFII) Price Target to $148.00

TFI International (NYSE:TFII) had its price target cut by National Bank Financial from $161.00 to $148.00 in a research note issued to investors on Tuesday,BayStreet reports. They currently have an outperform rating on the stock.

Several other brokerages have also recently commented on TFII. Wall Street Zen upgraded shares of TFI International from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 1st. Zacks Research lowered shares of TFI International from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 28th. Scotiabank reissued an “outperform” rating on shares of TFI International in a research note on Tuesday, July 28th. Weiss Ratings restated a “hold (c)” rating on shares of TFI International in a research report on Monday, September 21st. Finally, BMO Capital Markets restated a “market perform” rating and set a $170.00 target price (up from $140.00) on shares of TFI International in a research note on Tuesday, June 9th. Fourteen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $167.94.

TFI International Price Performance

NYSE:TFII opened at $115.27 on Tuesday. 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 firm’s 50-day simple moving average is $131.56 and its 200 day simple moving average is $136.85. The firm has a market cap of $9.47 billion, a price-to-earnings ratio of 28.32, a P/E/G ratio of 0.70 and a beta of 1.63.

TFI International (NYSE:TFII) last announced its earnings results on Monday, July 27th. The company reported $1.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.59 by $0.26. TFI International had a net margin of 4.14% and a return on equity of 14.87%. The firm 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. As a group, sell-side analysts predict that TFI International will post 6.04 earnings per share for the current year.

TFI International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be paid a $0.47 dividend. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $1.88 annualized dividend and a yield of 1.6%. TFI International’s dividend payout ratio is presently 46.19%.

Institutional Trading of TFI International

Hedge funds have recently added to or reduced their stakes in the stock. Caisse de depot et placement du Quebec acquired a new position in shares of TFI International during the second quarter worth $910,995,000. Jupiter Topco LLC acquired a new stake in shares of TFI International during the 2nd quarter valued at $515,259,000. The Manufacturers Life Insurance Company acquired a new stake in shares of TFI International during the 2nd quarter valued at $189,264,000. Connor Clark & Lunn Investment Management Ltd. bought a new stake in TFI International during the 2nd quarter worth $136,656,000. Finally, Canada Pension Plan Investment Board bought a new stake in TFI International during the 2nd quarter worth $61,329,000. Institutional investors and hedge funds 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.