TFI International (NYSE:TFII) Price Target Lowered to $105.00 at Susquehanna

TFI International (NYSE:TFII) had its price target lowered by analysts at Susquehanna from $115.00 to $105.00 in a research report issued on Monday,Benzinga reports. The brokerage currently has a “positive” rating on the stock. Susquehanna’s price target indicates a potential upside of 16.86% from the company’s previous close.

A number of other brokerages have also issued reports on TFII. Zacks Research lowered TFI International from a “hold” rating to a “strong sell” rating in a research report on Wednesday, October 29th. CIBC lowered their price objective on TFI International from $110.00 to $109.00 and set an “outperform” rating for the company in a report on Wednesday, September 17th. UBS Group boosted their price objective on TFI International from $90.00 to $102.00 and gave the company a “neutral” rating in a report on Friday, October 3rd. Citigroup boosted their price objective on TFI International from $108.00 to $110.00 and gave the company a “buy” rating in a report on Monday, October 13th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of TFI International in a report on Tuesday, October 14th. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $111.53.

TFI International Trading Up 2.8%

NYSE:TFII opened at $89.85 on Monday. The business’s 50-day moving average is $92.29 and its two-hundred day moving average is $89.37. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.06 and a quick ratio of 1.05. TFI International has a 12 month low of $72.02 and a 12 month high of $155.12. The firm has a market capitalization of $7.39 billion, a PE ratio of 23.16, a price-to-earnings-growth ratio of 3.25 and a beta of 1.48.

TFI International (NYSE:TFII) last released its quarterly earnings data on Thursday, October 30th. The company reported $1.20 EPS for the quarter, beating the consensus estimate of $1.19 by $0.01. TFI International had a return on equity of 14.20% and a net margin of 4.06%.The company had revenue of $1.97 billion for the quarter, compared to analyst estimates of $1.49 billion. Research analysts predict that TFI International will post 7.76 earnings per share for the current fiscal year.

Hedge Funds Weigh In On TFI International

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Argent Capital Management LLC boosted its stake in TFI International by 303.4% in the second quarter. Argent Capital Management LLC now owns 142,864 shares of the company’s stock valued at $12,811,000 after acquiring an additional 107,451 shares during the period. Baskin Financial Services Inc. boosted its position in shares of TFI International by 1.6% during the second quarter. Baskin Financial Services Inc. now owns 420,152 shares of the company’s stock worth $37,711,000 after buying an additional 6,786 shares during the period. Sumitomo Mitsui Trust Group Inc. boosted its position in shares of TFI International by 36.2% during the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 12,275 shares of the company’s stock worth $1,101,000 after buying an additional 3,263 shares during the period. Quantbot Technologies LP boosted its position in shares of TFI International by 877.9% during the first quarter. Quantbot Technologies LP now owns 78,466 shares of the company’s stock worth $6,077,000 after buying an additional 70,442 shares during the period. Finally, QV Investors Inc. boosted its position in shares of TFI International by 0.8% during the second quarter. QV Investors Inc. now owns 352,781 shares of the company’s stock worth $31,604,000 after buying an additional 2,685 shares during the period. 73.30% of the stock is currently owned by institutional investors and hedge funds.

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.