The Goldman Sachs Group Cuts TFI International (NYSE:TFII) Price Target to $150.00

TFI International (NYSE:TFII) had its target price lowered by The Goldman Sachs Group from $176.00 to $150.00 in a report released on Friday morning,Benzinga reports. The Goldman Sachs Group currently has a buy rating on the stock.

Other analysts have also recently issued reports about the stock. Bank of America cut shares of TFI International from a “neutral” rating to an “underperform” rating in a report on Thursday. CIBC lowered their target price on shares of TFI International from $160.00 to $141.00 and set an “outperformer” rating for the company in a research note on Friday. Citigroup upped their price target on TFI International from $158.00 to $170.00 and gave the stock a “buy” rating in a research report on Tuesday, November 12th. UBS Group cut TFI International from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $163.00 to $107.00 in a research report on Friday. Finally, Desjardins raised TFI International from a “hold” rating to a “buy” rating in a research report on Monday, December 9th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $157.07.

TFI International Stock Down 6.7 %

TFI International stock opened at $94.69 on Friday. 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 $7.97 billion, a P/E ratio of 18.94, a P/E/G ratio of 1.11 and a beta of 1.57. The business has a fifty day moving average of $133.57 and a two-hundred day moving average of $140.28. TFI International has a twelve month low of $92.66 and a twelve month high of $162.13.

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

Institutional Investors Weigh In On TFI International

Large investors have recently bought and sold shares of the company. Entropy Technologies LP purchased a new stake in shares of TFI International in the 3rd quarter valued at $643,000. Plato Investment Management Ltd acquired a new position in TFI International during the third quarter valued at $134,000. Quantbot Technologies LP boosted its holdings in TFI International by 295.1% in the third quarter. Quantbot Technologies LP now owns 21,484 shares of the company’s stock valued at $2,941,000 after purchasing 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 purchasing an additional 31,260 shares during the period. Finally, Public Employees Retirement System of Ohio acquired a new stake in TFI International during the 3rd quarter worth about $2,373,000. Hedge funds and other 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.