TFI International (NYSE:TFII) Stock Gets Price Target Cut from Canadian Imperial Bank of Commerce

TFI International (NYSE:TFII) had its target price cut by Canadian Imperial Bank of Commerce from $158.00 to $120.00 in a research report report published on Monday morning,Benzinga reports. They currently have an outperformer rating on the stock.

Other research analysts have also issued research reports about the company. UBS Group raised their price objective on TFI International from $154.00 to $159.00 and gave the company a “neutral” rating in a research report on Tuesday, July 28th. Stifel Nicolaus lowered their price objective on TFI International from $132.00 to $107.00 and set a “hold” rating for the company in a research note on Monday. Scotia dropped their target price on TFI International from $168.00 to $138.00 and set a “sector outperform” rating on the stock in a report on Monday. Royal Bank Of Canada dropped their target price on TFI International from $144.00 to $117.00 and set an “outperform” rating on the stock in a report on Monday. Finally, Scotiabank reissued an “outperform” rating on shares of TFI International in a research note on Thursday, October 15th. Sixteen analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $145.32.

TFI International Trading Up 4.1%

TFII opened at $100.19 on Monday. The company has a quick ratio of 1.10, a current ratio of 1.11 and a debt-to-equity ratio of 0.79. TFI International has a 52 week low of $80.63 and a 52 week high of $167.69. The stock has a market cap of $8.20 billion, a PE ratio of 23.14, a PEG ratio of 0.76 and a beta of 1.67. The business has a 50 day moving average of $119.90 and a 200-day moving average of $129.04.

TFI International (NYSE:TFII) last issued its quarterly earnings results on Thursday, October 29th. The company reported $1.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.75 by ($0.08). TFI International had a net margin of 4.26% and a return on equity of 16.05%. The business had revenue of $2.23 billion for the quarter, compared to analysts’ expectations of $2.23 billion. Equities research analysts predict that TFI International will post 5.62 earnings per share for the current fiscal year.

Institutional Trading of TFI International

Several large investors have recently added to or reduced their stakes in the business. Laurel Wealth Advisors LLC purchased a new stake in shares of TFI International in the 3rd quarter worth $36,000. Allworth Financial LP purchased a new position in shares of TFI International during the second quarter valued at $46,000. State of Wyoming purchased a new position in shares of TFI International during the second quarter valued at $56,000. Versant Capital Management Inc raised its holdings in shares of TFI International by 47.3% in the second quarter. Versant Capital Management Inc now owns 408 shares of the company’s stock valued at $59,000 after acquiring an additional 131 shares in the last quarter. Finally, Tacita Capital Inc bought a new stake in shares of TFI International in the second quarter valued at about $91,000. 73.30% of the stock is currently owned by institutional investors.

Trending Headlines about TFI International

Here are the key news stories impacting TFI International this week:

• Positive Sentiment: Directors buying shares can indicate confidence in the company’s outlook and may provide a supportive signal to investors. Directors buying at TFI International (TFII)
• Neutral Sentiment: Veritas began coverage with a Hold rating, indicating a wait-and-see stance rather than a clear endorsement or bearish call. Veritas stock recommendations
• Negative Sentiment: Multiple firms—including TD Cowen, Stephens, Citigroup, RBC Dominion Securities, and Canadian Imperial Bank of Commerce—cut their expectations or price targets for TFI International. The cluster of downward revisions may weigh on sentiment, although the headlines do not specify the new targets or analysts’ reasoning. TD Cowen lowers expectations Stephens lowers expectations Citigroup lowers expectations RBC Dominion Securities lowers expectations CIBC cuts price target Royal Bank of Canada lowers expectations
• Negative Sentiment: A Seeking Alpha analysis characterizes TFI as having “two good businesses” and “a broken one,” raising concerns about uneven performance across its operations. The headline alone does not provide details of the analysis. TFI International: Two Good Businesses…And A Broken One

About TFI International

TFI International Inc is a North American transportation and logistics company headquartered in Saint-Laurent, Quebec. The company provides a broad range of freight and supply chain services through a network of operating companies in Canada and the United States.

Its business activities include package and courier delivery, less-than-truckload and truckload transportation, freight brokerage, logistics, warehousing, and specialized services. TFI International also serves niche transportation markets, including waste management, environmental services, and other specialized freight requirements.

The company traces its origins to 1957 and has expanded through organic growth and acquisitions.