TFI International (NYSE:TFII) Stock Gets Price Target Reduction from The Goldman Sachs Group

TFI International (NYSE:TFII) had its price objective lowered by The Goldman Sachs Group from $178.00 to $155.00 in a research note published on Monday morning,Benzinga reports. The firm currently has a buy rating on the stock.

Several other research firms have also weighed in on TFII. Wall Street Zen lowered shares of TFI International from a “strong-buy” rating to a “buy” rating in a report on Saturday, October 10th. Scotia increased their price target on TFI International from $260.00 to $263.00 and gave the company a “sector outperform” rating in a report on Tuesday, July 28th. Citigroup restated a “cautious” rating on shares of TFI International in a research note on Wednesday, October 7th. Stifel Nicolaus reduced their price objective on TFI International from $132.00 to $107.00 and set a “hold” rating on the stock in a research note on Monday. Finally, TD Cowen decreased their target price on TFI International from $158.00 to $119.00 and set a “buy” rating for the company in a research report on Monday. Sixteen investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, TFI International has an average rating of “Moderate Buy” and a consensus target price of $145.32.

TFI International Stock Performance

Shares of NYSE:TFII opened at $100.19 on Monday. The business has a 50-day moving average of $119.90 and a two-hundred day moving average of $129.04. The firm has a market capitalization of $8.20 billion, a PE ratio of 23.14, a P/E/G ratio of 0.76 and a beta of 1.67. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.11 and a quick ratio of 1.10. TFI International has a 12 month low of $80.63 and a 12 month high of $167.69.

TFI International (NYSE:TFII) last posted its 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). The business had revenue of $2.23 billion for the quarter, compared to analyst estimates of $2.23 billion. TFI International had a return on equity of 16.05% and a net margin of 4.26%. As a group, research analysts forecast that TFI International will post 5.62 earnings per share for the current year.

Institutional Investors Weigh In On TFI International

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

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

TFI International Company Profile

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.