TFI International (NYSE:TFII) Stock Gets Price Target Cut from RBC Dominion Securities

TFI International (NYSE:TFII) had its price objective decreased by RBC Dominion Securities from $144.00 to $117.00 in a research report sent to investors on Monday morning,BayStreet reports. RBC Dominion Securities currently has an outperform rating on the stock.

A number of other research firms have also recently commented on TFII. Scotiabank reiterated an “outperform” rating on shares of TFI International in a report on Thursday, October 15th. The Goldman Sachs Group cut their target price on TFI International from $178.00 to $155.00 and set a “buy” rating for the company in a research note on Monday. Stifel Nicolaus cut their target price on TFI International from $132.00 to $107.00 and set a “hold” rating for the company in a research note on Monday. Wall Street Zen downgraded TFI International from a “strong-buy” rating to a “buy” rating in a research report on Saturday, October 10th. Finally, Stephens decreased their price target on TFI International from $160.00 to $140.00 and set an “overweight” rating on the stock in a research note on Monday. Sixteen analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $145.32.

TFI International Trading Up 4.1%

Shares of TFII stock opened at $100.19 on Monday. The company has a current ratio of 1.11, a quick ratio of 1.10 and a debt-to-equity ratio of 0.79. TFI International has a twelve month low of $80.63 and a twelve month high of $167.69. The company’s 50-day moving average price is $119.90 and its 200-day moving average price is $129.04. The stock has a market cap of $8.20 billion, a price-to-earnings ratio of 23.14, a PEG ratio of 0.76 and a beta of 1.67.

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Caisse de depot et placement du Quebec acquired a new position in shares of TFI International in the second quarter valued at approximately $910,995,000. Jupiter Topco LLC acquired a new stake in TFI International during the 2nd quarter worth approximately $515,259,000. Maple Rock Capital Partners Inc. lifted its holdings in TFI International by 4.2% during the 2nd quarter. Maple Rock Capital Partners Inc. now owns 1,418,409 shares of the company’s stock worth $203,641,000 after buying an additional 56,578 shares in the last quarter. The Manufacturers Life Insurance Company purchased a new position in TFI International in the 2nd quarter valued at approximately $189,264,000. Finally, Connor Clark & Lunn Investment Management Ltd. purchased a new position in TFI International in the 2nd quarter valued at approximately $136,656,000. Hedge funds and other institutional investors own 73.30% of the company’s stock.

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

About TFI International

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.