TFI International (NYSE:TFII) PT Lowered to $176.00 at TD Cowen

TFI International (NYSE:TFII) had its price objective cut by equities researchers at TD Cowen from $178.00 to $176.00 in a research report issued on Monday, Benzinga reports. The firm currently has a “buy” rating on the stock. TD Cowen’s target price indicates a potential upside of 35.04% from the company’s current price.

Several other equities research analysts have also recently issued reports on TFII. Morgan Stanley raised their target price on shares of TFI International from $169.00 to $176.00 and gave the stock an “overweight” rating in a report on Monday, February 12th. Deutsche Bank Aktiengesellschaft initiated coverage on TFI International in a research note on Monday, January 29th. They set a “buy” rating and a $175.00 price target for the company. The Goldman Sachs Group increased their price objective on shares of TFI International from $157.00 to $173.00 and gave the stock a “buy” rating in a research note on Thursday, April 11th. Royal Bank of Canada decreased their price target on shares of TFI International from $173.00 to $162.00 and set an “outperform” rating on the stock in a research report on Monday. Finally, Bank of America boosted their price objective on shares of TFI International from $154.00 to $166.00 and gave the company a “neutral” rating in a research report on Monday, April 15th. Three research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $160.78.

TFI International Stock Down 4.0 %

TFI International stock opened at $130.33 on Monday. The firm has a market cap of $11.02 billion, a price-to-earnings ratio of 23.15, a PEG ratio of 1.42 and a beta of 1.52. 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 has a 12 month low of $102.94 and a 12 month high of $162.13. The stock has a fifty day simple moving average of $151.29 and a two-hundred day simple moving average of $134.32.

TFI International (NYSE:TFII) last issued its earnings results on Thursday, April 25th. The company reported $1.24 earnings per share for the quarter, missing analysts’ consensus estimates of $1.39 by ($0.15). The business had revenue of $1.87 billion during the quarter, compared to analysts’ expectations of $1.89 billion. TFI International had a return on equity of 20.39% and a net margin of 6.44%. Equities analysts predict that TFI International will post 7.47 EPS for the current fiscal year.

Institutional Investors Weigh In On TFI International

Institutional investors and hedge funds have recently modified their holdings of the stock. Cary Street Partners Investment Advisory LLC bought a new position in shares of TFI International during the third quarter worth $27,000. UMB Bank n.a. bought a new stake in TFI International in the 1st quarter valued at $136,000. SG Americas Securities LLC purchased a new stake in TFI International in the 3rd quarter worth $257,000. Clearbridge Investments LLC bought a new position in shares of TFI International during the 4th quarter valued at about $287,000. Finally, Campbell & CO Investment Adviser LLC grew its position in shares of TFI International by 67.0% during the fourth quarter. Campbell & CO Investment Adviser LLC now owns 3,842 shares of the company’s stock valued at $522,000 after purchasing an additional 1,542 shares in the last quarter. Institutional investors own 73.30% of the company’s stock.

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.