TFI International (TSE:TFII) Reaches New 12-Month Low – Here’s What Happened

TFI International Inc. (TSE:TFII) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$160.00 and last traded at C$160.30, with a volume of 25409 shares. The stock had previously closed at C$181.51.

Analyst Upgrades and Downgrades

Several research firms have weighed in on TFII. National Bankshares lifted their price objective on shares of TFI International from C$198.00 to C$223.00 in a research report on Thursday, December 5th. Desjardins upgraded TFI International from a “hold” rating to a “buy” rating and lifted their price target for the company from C$204.00 to C$236.00 in a report on Monday, December 9th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of C$207.43.

TFI International Price Performance

The firm has a market cap of C$9.23 billion, a P/E ratio of 19.64, a P/E/G ratio of 1.01 and a beta of 1.37. The company has a 50-day moving average of C$194.88 and a 200 day moving average of C$197.40. The company has a debt-to-equity ratio of 115.17, a quick ratio of 1.18 and a current ratio of 0.98.

Insider Buying and Selling at TFI International

In other news, Director Alain Bédard sold 15,000 shares of the company’s stock in a transaction dated Thursday, November 28th. The stock was sold at an average price of C$210.10, for a total value of C$3,151,470.00. Also, insider TFI International Inc. bought 15,020 shares of TFI International stock in a transaction on Friday, February 7th. The shares were acquired at an average price of C$185.48 per share, for a total transaction of C$2,785,967.73. Over the last ninety days, insiders have sold 31,000 shares of company stock valued at $6,629,795. 5.97% of the stock is currently owned by insiders.

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.