TFI International (TSE:TFII) Director Leslie Abi-Karam Buys 2,143 Shares of Stock

TFI International Inc. (TSE:TFII) Director Leslie Abi-Karam purchased 2,143 shares of the stock in a transaction dated Monday, November 9th. The stock was acquired at an average cost of C$133.75 per share, with a total value of C$286,626.25. Following the transaction, the director directly owned 9,745 shares in the company, valued at approximately C$1,303,393.75. This trade represents a 28.19% increase in their position.

TFI International Price Performance

TSE TFII opened at C$133.66 on Tuesday. The company has a debt-to-equity ratio of 106.02, a quick ratio of 1.18 and a current ratio of 1.11. The firm’s 50 day moving average price is C$165.14 and its 200-day moving average price is C$179.06. TFI International Inc. has a 52-week low of C$113.72 and a 52-week high of C$233.85. The company has a market cap of C$10.93 billion, a PE ratio of 30.94, a P/E/G ratio of 1.01 and a beta of 1.80.

TFI International (TSE:TFII) last issued its quarterly earnings data on Thursday, October 29th. The company reported C$2.38 earnings per share (EPS) for the quarter. The company had revenue of C$3.18 billion for the quarter. TFI International had a net margin of 4.22% and a return on equity of 12.95%. Sell-side analysts forecast that TFI International Inc. will post 12.23 EPS for the current fiscal year.

TFI International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Thursday, October 15th were given a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Tuesday, September 29th. TFI International’s dividend payout ratio (DPR) is 43.52%.

Analysts Set New Price Targets

Several research analysts have recently commented on TFII shares. Scotiabank reduced their price target on TFI International from C$263.00 to C$235.00 and set a “sector outperform” rating for the company in a research report on Thursday, October 15th. Desjardins raised their price objective on TFI International from C$221.00 to C$245.00 and gave the company a “buy” rating in a research report on Tuesday, July 28th. Four research analysts have rated the stock with a Buy rating. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of C$179.40.

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.