TFI International (TSE:TFII) Downgraded by National Bankshares to “Sector Perform”

National Bankshares cut shares of TFI International (TSE:TFII) from an outperform rating to a sector perform rating in a report published on Monday, BayStreet.CA reports. They currently have C$221.00 price objective on the stock, up from their previous price objective of C$217.00.

A number of other research firms have also commented on TFII. Scotiabank boosted their price target on shares of TFI International from C$245.00 to C$250.00 and gave the company an outperform rating in a research report on Monday. CIBC decreased their price target on TFI International from C$175.00 to C$172.00 and set an outperform rating on the stock in a research report on Monday, April 29th. Desjardins downgraded TFI International from a buy rating to a hold rating and lifted their price objective for the company from C$207.00 to C$219.00 in a research report on Wednesday, July 17th. Cormark increased their target price on TFI International from C$230.00 to C$240.00 in a report on Monday. Finally, Royal Bank of Canada lifted their price target on TFI International from C$155.00 to C$173.00 and gave the company an outperform rating in a report on Tuesday, April 16th. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of Moderate Buy and a consensus target price of C$194.38.

TFI International Stock Down 1.7 %

Shares of TSE TFII opened at C$211.36 on Monday. TFI International has a 52-week low of C$144.42 and a 52-week high of C$220.93. The company has a debt-to-equity ratio of 113.80, a quick ratio of 1.18 and a current ratio of 1.66. The business has a fifty day moving average of C$197.47 and a two-hundred day moving average of C$196.35. The stock has a market cap of C$17.87 billion, a PE ratio of 27.49, a PEG ratio of 1.01 and a beta of 1.44.

TFI International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 15th. Investors of record on Monday, July 15th were issued a $0.40 dividend. The ex-dividend date was Friday, June 28th. This represents a $1.60 annualized dividend and a yield of 0.76%. TFI International’s dividend payout ratio is currently 28.61%.

Insiders Place Their Bets

In related news, Director Leslie Abi-Karam purchased 340 shares of TFI International stock in a transaction dated Monday, July 29th. The shares were acquired at an average cost of C$154.09 per share, for a total transaction of C$52,390.60. In other TFI International news, Director Alain Bédard sold 15,995 shares of the business’s stock in a transaction dated Wednesday, June 12th. The stock was sold at an average price of C$193.46, for a total value of C$3,094,381.50. Also, Director Leslie Abi-Karam bought 340 shares of the stock in a transaction that occurred on Monday, July 29th. The shares were acquired at an average cost of C$154.09 per share, with a total value of C$52,390.60. Company insiders own 5.91% of the company’s stock.

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.