TFI International (NYSE:TFII – Get Rating) was upgraded by equities research analysts at Susquehanna from a “neutral” rating to a “positive” rating in a report issued on Monday, The Fly reports.
A number of other equities research analysts have also recently commented on TFII. National Bank Financial lifted their target price on TFI International from C$162.00 to C$171.00 in a research note on Tuesday, February 7th. Credit Suisse Group boosted their target price on shares of TFI International from $122.00 to $129.00 and gave the company an “outperform” rating in a research note on Tuesday, February 7th. Wells Fargo & Company raised their price target on shares of TFI International from $115.00 to $130.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 7th. Royal Bank of Canada upped their price objective on TFI International from $109.00 to $129.00 and gave the company an “outperform” rating in a research note on Tuesday, February 7th. Finally, Scotiabank raised their target price on TFI International from C$170.00 to C$175.00 in a research report on Tuesday, February 7th. One investment analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $143.80.
TFI International Stock Down 0.5 %
Shares of NYSE:TFII opened at $111.42 on Monday. The business’s 50 day moving average is $120.14 and its 200 day moving average is $107.52. TFI International has a 12-month low of $71.63 and a 12-month high of $128.93. The stock has a market cap of $9.65 billion, a price-to-earnings ratio of 12.34, a PEG ratio of 0.84 and a beta of 1.54. The company has a quick ratio of 1.28, a current ratio of 1.31 and a debt-to-equity ratio of 0.52.
TFI International (NYSE:TFII – Get Rating) last posted its quarterly earnings data on Monday, February 6th. The company reported $1.72 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.73 by ($0.01). TFI International had a return on equity of 30.98% and a net margin of 9.34%. The firm had revenue of $1.96 billion for the quarter, compared to analysts’ expectations of $2.07 billion. During the same period in the prior year, the firm earned $1.57 earnings per share. TFI International’s revenue was down 8.6% compared to the same quarter last year. On average, sell-side analysts forecast that TFI International will post 7.63 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the company. Counterpoint Mutual Funds LLC bought a new stake in TFI International during the fourth quarter valued at $90,000. Distillate Capital Partners LLC bought a new stake in shares of TFI International during the 3rd quarter valued at about $215,000. Ensign Peak Advisors Inc grew its holdings in shares of TFI International by 94.1% during the third quarter. Ensign Peak Advisors Inc now owns 3,300 shares of the company’s stock worth $315,000 after purchasing an additional 1,600 shares in the last quarter. US Bancorp DE increased its position in shares of TFI International by 1,700.8% in the first quarter. US Bancorp DE now owns 4,376 shares of the company’s stock worth $466,000 after purchasing an additional 4,133 shares during the last quarter. Finally, First Hawaiian Bank raised its stake in TFI International by 66.9% in the fourth quarter. First Hawaiian Bank now owns 6,085 shares of the company’s stock valued at $610,000 after purchasing an additional 2,440 shares in the last quarter. 60.31% of the stock is currently owned by hedge funds and other institutional investors.
TFI International Company Profile
TFI International, Inc engages in the provision of freight transportation and logistics services. It operates through the following segments: Package and Courier, Less-Than-Truckload, Truckload, and Logistics. The Package and Courier segment consists of pickup, transport, and delivery of items across North America.