Diane Giard Acquires 2,000 Shares of TFI International (TSE:TFII) Stock

TFI International Inc. (TSE:TFII) Director Diane Giard purchased 2,000 shares of TFI International stock in a transaction dated Wednesday, May 13th. The stock was bought at an average cost of C$183.86 per share, for a total transaction of C$367,720.00. Following the completion of the purchase, the director directly owned 13,593 shares in the company, valued at approximately C$2,499,208.98. This trade represents a 17.25% increase in their position.

TFI International Price Performance

Shares of TFII opened at C$195.90 on Friday. TFI International Inc. has a fifty-two week low of C$113.72 and a fifty-two week high of C$203.93. The firm’s 50 day moving average price is C$165.72 and its 200 day moving average price is C$151.04. The company has a market cap of C$16.10 billion, a P/E ratio of 54.57, a PEG ratio of 1.01 and a beta of 1.49. The company has a quick ratio of 1.18, a current ratio of 1.07 and a debt-to-equity ratio of 119.57.

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

TFI International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Wednesday, April 15th were paid a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend was Tuesday, March 31st. TFI International’s dividend payout ratio is presently 51.25%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on TFII shares. Stifel Nicolaus upped their target price on shares of TFI International from C$100.00 to C$113.00 in a research note on Wednesday, January 21st. Citigroup upped their target price on shares of TFI International from C$143.00 to C$144.00 and gave the stock a “buy” rating in a research note on Tuesday, April 7th. Desjardins upped their target price on shares of TFI International from C$183.00 to C$221.00 and gave the stock a “buy” rating in a research note on Tuesday, April 28th. Scotiabank upped their target price on shares of TFI International from C$170.00 to C$200.00 in a research note on Tuesday, April 28th. Finally, National Bank Financial increased their price objective on shares of TFI International from C$190.00 to C$208.00 and gave the company an “outperform” rating in a research report on Tuesday, April 28th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price 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.