TFI International (NYSE:TFII) PT Lowered to $172.00 at CIBC

TFI International (NYSE:TFII) had its target price reduced by research analysts at CIBC from $175.00 to $172.00 in a research report issued on Monday, Benzinga reports. The firm presently has an “outperformer” rating on the stock. CIBC’s price target points to a potential upside of 31.97% from the stock’s current price.

Several other analysts have also commented on TFII. The Goldman Sachs Group lifted their price objective on shares of TFI International from $157.00 to $173.00 and gave the company a “buy” rating in a report on Thursday, April 11th. Morgan Stanley lifted their price target on TFI International from $169.00 to $176.00 and gave the company an “overweight” rating in a research note on Monday, February 12th. Deutsche Bank Aktiengesellschaft began coverage on TFI International in a research report on Monday, January 29th. They set a “buy” rating and a $175.00 price target on the stock. Scotiabank upgraded TFI International from a “sector perform” rating to a “sector outperform” rating in a research report on Monday, January 22nd. Finally, Royal Bank of Canada reduced their target price on TFI International from $173.00 to $162.00 and set an “outperform” rating for the company in a research note on Monday. Three investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $160.78.

TFI International Stock Down 4.0 %

Shares of TFII stock opened at $130.33 on Monday. TFI International has a twelve month low of $102.94 and a twelve month high of $162.13. The stock has a market cap of $11.02 billion, a P/E ratio of 23.15, a P/E/G ratio of 1.42 and a beta of 1.52. The stock has a 50 day moving average of $151.29 and a 200 day moving average of $134.32. The company has a current ratio of 1.66, a quick ratio of 1.64 and a debt-to-equity ratio of 0.86.

TFI International (NYSE:TFII) last issued its quarterly earnings data on Thursday, April 25th. The company reported $1.24 EPS for the quarter, missing analysts’ consensus estimates of $1.39 by ($0.15). The firm had revenue of $1.87 billion for the quarter, compared to analyst estimates of $1.89 billion. TFI International had a return on equity of 20.39% and a net margin of 6.44%. As a group, sell-side analysts expect that TFI International will post 7.47 EPS for the current year.

Institutional Trading of TFI International

A number of hedge funds have recently bought and sold shares of the business. Cary Street Partners Investment Advisory LLC acquired a new position in shares of TFI International during the 3rd quarter worth approximately $27,000. UMB Bank n.a. acquired a new stake in shares of TFI International in the first quarter valued at approximately $136,000. SG Americas Securities LLC purchased a new position in TFI International during the third quarter worth approximately $257,000. Clearbridge Investments LLC acquired a new position in TFI International during the fourth quarter worth $287,000. Finally, Campbell & CO Investment Adviser LLC boosted its stake in TFI International by 67.0% during the fourth quarter. Campbell & CO Investment Adviser LLC now owns 3,842 shares of the company’s stock worth $522,000 after buying an additional 1,542 shares during the last quarter. Institutional investors and hedge funds own 73.30% 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.