TFI International Inc. (NYSE:TFII) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of TFI International Inc. (NYSE:TFII) have earned an average rating of “Moderate Buy” from the sixteen research firms that are presently covering the stock, Marketbeat.com reports. Five investment analysts have rated the stock with a hold recommendation and eleven have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $170.33.

Several analysts have recently weighed in on the stock. Royal Bank of Canada increased their price target on shares of TFI International from $162.00 to $171.00 and gave the company an “outperform” rating in a research note on Monday, July 29th. Cormark raised TFI International from a “hold” rating to a “moderate buy” rating in a research note on Monday, July 15th. Stifel Nicolaus upped their price target on TFI International from $151.00 to $162.00 and gave the company a “buy” rating in a research note on Wednesday, July 31st. National Bank Financial cut TFI International from a “strong-buy” rating to a “hold” rating in a report on Friday, July 26th. Finally, Stephens reiterated an “overweight” rating and issued a $176.00 price objective on shares of TFI International in a report on Tuesday, July 30th.

TFI International Stock Performance

NYSE TFII opened at $147.52 on Friday. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.94 and a quick ratio of 0.92. TFI International has a 1-year low of $104.91 and a 1-year high of $162.13. The company has a market cap of $12.48 billion, a PE ratio of 26.20, a price-to-earnings-growth ratio of 1.53 and a beta of 1.56. The stock’s 50 day simple moving average is $147.16 and its 200-day simple moving average is $145.51.

TFI International (NYSE:TFII) last announced its quarterly earnings data on Thursday, July 25th. The company reported $1.71 earnings per share for the quarter, beating analysts’ consensus estimates of $1.61 by $0.10. TFI International had a return on equity of 20.48% and a net margin of 5.93%. The company had revenue of $2.26 billion for the quarter, compared to analyst estimates of $2.28 billion. During the same quarter last year, the firm posted $1.59 EPS. The firm’s revenue for the quarter was up 26.4% on a year-over-year basis. As a group, equities research analysts anticipate that TFI International will post 6.86 EPS for the current fiscal year.

TFI International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, July 15th. Shareholders of record on Friday, June 28th were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.08%. The ex-dividend date was Friday, June 28th. TFI International’s dividend payout ratio (DPR) is 28.42%.

Hedge Funds Weigh In On TFI International

Institutional investors have recently modified their holdings of the business. UMB Bank n.a. acquired a new position in TFI International in the 1st quarter valued at about $136,000. iA Global Asset Management Inc. acquired a new position in TFI International during the second quarter worth $240,000. Clearbridge Investments LLC purchased a new position in TFI International in the fourth quarter worth $287,000. Industrial Alliance Investment Management Inc. boosted its position in shares of TFI International by 3.2% during the 1st quarter. Industrial Alliance Investment Management Inc. now owns 2,590 shares of the company’s stock worth $413,000 after purchasing an additional 80 shares in the last quarter. Finally, Campbell & CO Investment Adviser LLC increased its holdings in TFI International by 67.0% in the fourth quarter. Campbell & CO Investment Adviser LLC now owns 3,842 shares of the company’s stock valued at $522,000 after buying an additional 1,542 shares in the last quarter. 73.30% of the stock is owned by institutional investors and hedge funds.

About TFI International

TFI International Inc, together with its subsidiaries, provides transportation and logistics services in the United States and Canada. The company operates through Package and Courier, Less-Than-Truckload (LTL), Truckload (TL), and Logistics segments. The Package and Courier segment engages in the pickup, transport, and delivery of items in North America.