Alain Bédard Sells 2,543 Shares of TFI International (TSE:TFII) Stock

TFI International Inc. (TSE:TFII) Director Alain Bédard sold 2,543 shares of the firm’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of C$226.29, for a total transaction of C$575,455.47. Following the sale, the director directly owned 190,000 shares of the company’s stock, valued at approximately C$42,995,100. The trade was a 1.32% decrease in their position.

Alain Bédard also recently made the following trade(s):

• On Friday, June 5th, Alain Bédard sold 8,834 shares of TFI International stock. The stock was sold at an average price of C$222.06, for a total transaction of C$1,961,678.04.
• On Friday, June 5th, Alain Bédard sold 7,466 shares of TFI International stock. The stock was sold at an average price of C$222.06, for a total transaction of C$1,657,899.96.
• On Friday, June 5th, Alain Bédard sold 5,550 shares of TFI International stock. The stock was sold at an average price of C$222.06, for a total transaction of C$1,232,433.00.
• On Tuesday, June 9th, Alain Bédard sold 5,000 shares of TFI International stock. The stock was sold at an average price of C$231.93, for a total transaction of C$1,159,650.00.
• On Tuesday, June 9th, Alain Bédard sold 10,000 shares of TFI International stock. The stock was sold at an average price of C$231.93, for a total transaction of C$2,319,300.00.
• On Thursday, May 28th, Alain Bédard sold 13,500 shares of TFI International stock. The stock was sold at an average price of C$206.50, for a total transaction of C$2,787,750.00.
• On Thursday, May 14th, Alain Bédard sold 11,700 shares of TFI International stock. The stock was sold at an average price of C$197.31, for a total transaction of C$2,308,527.00.

TFI International Stock Performance

TSE TFII opened at C$214.25 on Thursday. The firm has a market cap of C$17.61 billion, a price-to-earnings ratio of 59.68, a PEG ratio of 1.01 and a beta of 1.75. The company has a 50 day moving average of C$190.46 and a 200-day moving average of C$162.97. The company has a current ratio of 1.07, a quick ratio of 1.18 and a debt-to-equity ratio of 119.57. TFI International Inc. has a 1-year low of C$113.72 and a 1-year high of C$233.85.

TFI International (TSE:TFII) last posted its quarterly earnings data on Monday, April 27th. The company reported C$0.96 earnings per share for the quarter. The company had revenue of C$2.71 billion during the quarter. TFI International had a net margin of 3.79% and a return on equity of 11.18%. On average, equities analysts forecast that TFI International Inc. will post 12.2345048 earnings per share for the current fiscal year.

TFI International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders 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 annualized dividend and a dividend yield of 0.9%. TFI International’s dividend payout ratio (DPR) is presently 51.25%.

Analyst Ratings Changes

TFII has been the topic of several research analyst reports. Scotiabank increased their price target on shares of TFI International from C$170.00 to C$200.00 in a research note on Tuesday, April 28th. National Bank Financial increased their price target on shares of TFI International from C$190.00 to C$208.00 and gave the company an “outperform” rating in a research note on Tuesday, April 28th. Desjardins increased their price target on shares of TFI International from C$183.00 to C$221.00 and gave the company a “buy” rating in a research note on Tuesday, April 28th. Finally, Citigroup increased their price target on shares of TFI International from C$143.00 to C$144.00 and gave the company a “buy” rating in a research note on Tuesday, April 7th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, TFI International has an average rating of “Moderate Buy” and a consensus price target of C$177.20.

About TFI International

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.