David Joseph Saperstein Sells 4,000 Shares of TFI International (TSE:TFII) Stock

TFI International Inc. (TSE:TFII) insider David Joseph Saperstein sold 4,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of C$218.75, for a total value of C$875,000.00. Following the transaction, the insider directly owned 31,811 shares of the company’s stock, valued at approximately C$6,958,656.25. The trade was a 11.17% decrease in their ownership of the stock.

David Joseph Saperstein also recently made the following trade(s):

• On Wednesday, June 3rd, David Joseph Saperstein sold 1,000 shares of TFI International stock. The shares were sold at an average price of C$218.41, for a total transaction of C$218,410.00.

TFI International Price Performance

TSE TFII traded up C$1.10 on Thursday, hitting C$221.50. The company had a trading volume of 197,518 shares, compared to its average volume of 231,871. The company has a debt-to-equity ratio of 119.57, a current ratio of 1.07 and a quick ratio of 1.18. The company’s fifty day moving average price is C$182.86 and its 200-day moving average price is C$159.27. The company has a market capitalization of C$18.20 billion, a PE ratio of 61.70, a PEG ratio of 1.01 and a beta of 1.75. TFI International Inc. has a 12-month low of C$113.72 and a 12-month high of C$225.00.

TFI International (TSE:TFII) last announced its earnings results on Monday, April 27th. The company reported C$0.96 earnings per share (EPS) for the quarter. The business had revenue of C$2.71 billion for the quarter. TFI International had a net margin of 3.79% and a return on equity of 11.18%. As a group, analysts predict that TFI International Inc. will post 12.2345048 earnings per share for the current year.

TFI International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 15th were issued a dividend of $0.47 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $1.88 dividend on an annualized basis and a dividend yield of 0.8%. TFI International’s dividend payout ratio is presently 51.25%.

Analyst Ratings Changes

Several brokerages recently commented on TFII. Scotiabank boosted their price target on TFI International from C$170.00 to C$200.00 in a research report on Tuesday, April 28th. National Bank Financial upped their target price on shares of TFI International from C$190.00 to C$208.00 and gave the stock an “outperform” rating in a report on Tuesday, April 28th. Citigroup increased their target price on shares of TFI International from C$143.00 to C$144.00 and gave the company a “buy” rating in a research report on Tuesday, April 7th. Finally, Desjardins boosted their price target on shares of TFI International from C$183.00 to C$221.00 and gave the stock a “buy” rating in a research report on Tuesday, April 28th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of C$177.20.

TFI International Company Profile

TFI International Inc is a North American leader in the transportation and logistics industry, operating across the United States,Canada and Mexico through its subsidiaries. TFI International creates value for shareholders by identifying strategic acquisitions and managing a growing network of wholly-owned operating subsidiaries. Under the TFI International umbrella, companies benefit from financial and operational resources to build their businesses and increase their efficiency. TFI International companies service the following segments: Less-Than-Truckload; Truckload; Logistics.