TFI International (NYSE:TFII) Upgraded by National Bank Financial to Strong-Buy Rating

National Bank Financial upgraded shares of TFI International (NYSE:TFII) from a hold rating to a strong-buy rating in a report released on Thursday morning,Zacks.com reports.

Other equities research analysts have also recently issued research reports about the stock. CIBC cut their price objective on shares of TFI International from $160.00 to $141.00 and set an “outperformer” rating for the company in a research note on Friday, February 21st. UBS Group lowered shares of TFI International from a “buy” rating to a “neutral” rating and cut their price target for the company from $163.00 to $107.00 in a research report on Friday, February 21st. The Goldman Sachs Group decreased their price objective on TFI International from $176.00 to $150.00 and set a “buy” rating on the stock in a report on Friday, February 21st. Susquehanna dropped their target price on TFI International from $135.00 to $105.00 and set a “positive” rating for the company in a report on Monday, March 31st. Finally, Stifel Nicolaus decreased their price target on TFI International from $147.00 to $120.00 and set a “hold” rating on the stock in a research note on Friday, February 21st. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $143.71.

TFI International Stock Up 4.7 %

TFII opened at $79.40 on Thursday. The business’s fifty day simple moving average is $101.28 and its 200 day simple moving average is $127.28. TFI International has a 52 week low of $72.02 and a 52 week high of $162.13. The company has a quick ratio of 0.96, a current ratio of 1.03 and a debt-to-equity ratio of 0.86. The stock has a market cap of $6.68 billion, a PE ratio of 15.88, a P/E/G ratio of 1.11 and a beta of 1.57.

TFI International (NYSE:TFII) last announced its quarterly earnings data on Wednesday, February 19th. The company reported $1.19 EPS for the quarter, missing the consensus estimate of $1.59 by ($0.40). The firm had revenue of $2.08 billion for the quarter, compared to the consensus estimate of $1.54 billion. TFI International had a net margin of 5.08% and a return on equity of 18.40%. As a group, research analysts expect that TFI International will post 7.76 earnings per share for the current fiscal year.

TFI International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be given a dividend of $0.45 per share. The ex-dividend date is Monday, March 31st. This represents a $1.80 annualized dividend and a yield of 2.27%. TFI International’s payout ratio is 36.00%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in TFII. Brown Brothers Harriman & Co. boosted its position in shares of TFI International by 124.8% during the fourth quarter. Brown Brothers Harriman & Co. now owns 236 shares of the company’s stock valued at $32,000 after purchasing an additional 131 shares in the last quarter. CIBC Private Wealth Group LLC boosted its holdings in shares of TFI International by 40.5% during the 4th quarter. CIBC Private Wealth Group LLC now owns 555 shares of the company’s stock valued at $74,000 after buying an additional 160 shares in the last quarter. Entropy Technologies LP grew its position in shares of TFI International by 97.8% in the 4th quarter. Entropy Technologies LP now owns 9,295 shares of the company’s stock worth $1,256,000 after buying an additional 4,595 shares during the period. Legato Capital Management LLC increased its stake in shares of TFI International by 8.9% in the 4th quarter. Legato Capital Management LLC now owns 10,468 shares of the company’s stock worth $1,414,000 after acquiring an additional 859 shares in the last quarter. Finally, Canoe Financial LP purchased a new position in TFI International during the 4th quarter valued at about $1,853,000. Institutional investors own 73.30% of the company’s stock.

TFI International Company Profile

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.