TFI International (NYSE:TFII) Given New $110.00 Price Target at Stephens

TFI International (NYSE:TFII) had its price target lowered by Stephens from $138.00 to $110.00 in a research note released on Tuesday,BayStreet.CA reports. The firm currently has an equal weight rating on the stock.

A number of other analysts have also recently issued reports on the company. Royal Bank of Canada dropped their price objective on TFI International from $156.00 to $127.00 and set an “outperform” rating on the stock in a report on Friday, February 21st. CIBC dropped their price objective on TFI International from $160.00 to $141.00 and set an “outperformer” rating on the stock in a report on Friday, February 21st. UBS Group cut TFI International from a “buy” rating to a “neutral” rating and dropped their price objective for the stock from $163.00 to $107.00 in a report on Friday, February 21st. Desjardins raised TFI International from a “hold” rating to a “buy” rating in a report on Monday, December 9th. Finally, The Goldman Sachs Group lowered their price target on TFI International from $176.00 to $150.00 and set a “buy” rating on the stock in a report on Friday, February 21st. One research analyst has rated the stock with a sell rating, six have given a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, TFI International has an average rating of “Hold” and an average target price of $151.43.

TFI International Stock Up 1.9 %

TFII stock opened at $92.21 on Tuesday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.96 and a current ratio of 1.03. The company has a market capitalization of $7.76 billion, a price-to-earnings ratio of 18.44, a PEG ratio of 1.11 and a beta of 1.57. TFI International has a fifty-two week low of $88.76 and a fifty-two week high of $162.13. The stock has a fifty day moving average of $131.18 and a 200-day moving average of $139.43.

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

Hedge Funds Weigh In On TFI International

Several institutional investors have recently modified their holdings of TFII. Entropy Technologies LP bought a new position in shares of TFI International during the 3rd quarter valued at about $643,000. Plato Investment Management Ltd bought a new position in TFI International during the 3rd quarter worth approximately $134,000. Quantbot Technologies LP grew its position in TFI International by 295.1% during the 3rd quarter. Quantbot Technologies LP now owns 21,484 shares of the company’s stock worth $2,941,000 after acquiring an additional 16,047 shares during the last quarter. iA Global Asset Management Inc. grew its position in TFI International by 1,894.5% during the 3rd quarter. iA Global Asset Management Inc. now owns 32,910 shares of the company’s stock worth $4,505,000 after acquiring an additional 31,260 shares during the last quarter. Finally, Public Employees Retirement System of Ohio bought a new position in TFI International during the 3rd quarter worth approximately $2,373,000. 73.30% of the stock is currently owned by institutional investors.

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.