TFI International Inc. (NYSE:TFII) Given Consensus Recommendation of “Hold” by Brokerages

TFI International Inc. (NYSE:TFII) has received an average rating of “Hold” from the fifteen ratings firms that are currently covering the firm, Marketbeat.com reports. One research 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 12-month price target among brokerages that have covered the stock in the last year is $148.93.

Several equities analysts have recently issued reports on the company. Royal Bank of Canada decreased their target price on TFI International from $156.00 to $127.00 and set an “outperform” rating for the company in a research report on Friday, February 21st. Bank of America cut TFI International from a “neutral” rating to an “underperform” rating in a report on Thursday, February 20th. The Goldman Sachs Group cut 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. Veritas cut TFI International from a “strong-buy” rating to a “hold” rating in a report on Friday, February 21st. Finally, Stephens cut their price objective on TFI International from $138.00 to $110.00 and set an “equal weight” rating on the stock in a report on Tuesday, February 25th.

Institutional Investors Weigh In On TFI International

Large investors have recently added to or reduced their stakes in the business. Geode Capital Management LLC raised its stake in TFI International by 6.8% in the 3rd quarter. Geode Capital Management LLC now owns 356,808 shares of the company’s stock valued at $49,288,000 after acquiring an additional 22,566 shares during the period. Baillie Gifford & Co. bought a new stake in TFI International in the 4th quarter valued at $148,623,000. Canoe Financial LP bought a new stake in TFI International in the 4th quarter valued at $1,853,000. Quantbot Technologies LP raised its stake in TFI International by 295.1% in the 3rd quarter. Quantbot Technologies LP now owns 21,484 shares of the company’s stock valued at $2,941,000 after acquiring an additional 16,047 shares during the period. Finally, Entropy Technologies LP bought a new stake in TFI International in the 3rd quarter valued at $643,000. Institutional investors own 73.30% of the company’s stock.

TFI International Price Performance

Shares of TFII stock opened at $83.75 on Tuesday. The stock has a 50-day moving average price of $122.50 and a 200 day moving average price of $136.12. 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 firm has a market cap of $7.05 billion, a price-to-earnings ratio of 16.75, a PEG ratio of 1.11 and a beta of 1.62. TFI International has a 12 month low of $80.19 and a 12 month high of $162.13.

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

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.