TFI International Inc. (NYSE:TFII) Receives Average Rating of “Hold” from Brokerages

TFI International Inc. (NYSE:TFII) has been assigned an average recommendation of “Hold” from the fifteen research firms that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and eight have issued a buy recommendation on the company. The average 1-year price target among brokers that have covered the stock in the last year is $148.93.

Several brokerages have commented on TFII. CIBC lowered their price objective on TFI International from $160.00 to $141.00 and set an “outperformer” rating for the company in a research report on Friday, February 21st. The Goldman Sachs Group lowered their price objective on TFI International from $176.00 to $150.00 and set a “buy” rating for the company in a research report on Friday, February 21st. Susquehanna lowered their price objective on TFI International from $170.00 to $135.00 and set a “positive” rating for the company in a research report on Monday, March 3rd. Stephens lowered their price objective on TFI International from $138.00 to $110.00 and set an “equal weight” rating for the company in a research report on Tuesday, February 25th. Finally, Citigroup lowered their price target on TFI International from $162.00 to $130.00 and set a “buy” rating for the company in a research report on Tuesday, February 25th.

TFI International Stock Performance

NYSE:TFII opened at $83.04 on Tuesday. The stock has a market cap of $6.99 billion, a P/E ratio of 16.61, a price-to-earnings-growth ratio of 1.11 and a beta of 1.62. The firm’s fifty day simple moving average is $121.46 and its 200 day simple moving average is $135.58. TFI International has a twelve month low of $80.19 and a twelve month 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.

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 analysts’ expectations 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 predict that TFI International will post 7.76 EPS for the current year.

Hedge Funds Weigh In On TFI International

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Brown Brothers Harriman & Co. lifted its stake in TFI International by 124.8% during the 4th quarter. Brown Brothers Harriman & Co. now owns 236 shares of the company’s stock valued at $32,000 after acquiring an additional 131 shares during the period. CIBC Private Wealth Group LLC lifted its stake in 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 acquiring an additional 160 shares during the period. Plato Investment Management Ltd bought a new position in TFI International during the 3rd quarter valued at about $134,000. Entropy Technologies LP bought a new position in TFI International during the 3rd quarter valued at about $643,000. Finally, Legato Capital Management LLC lifted its stake in TFI International by 8.9% during the 4th quarter. Legato Capital Management LLC now owns 10,468 shares of the company’s stock valued at $1,414,000 after acquiring an additional 859 shares during the period. 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.