Insider Selling: TFI International (TSE:TFII) Director Sells 600 Shares of Stock

TFI International Inc. (TSE:TFIIGet Free Report) Director Frank Paglia sold 600 shares of the company’s stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of C$194.90, for a total value of C$116,940.00. Following the completion of the transaction, the director directly owned 6,947 shares of the company’s stock, valued at approximately C$1,353,970.30. This represents a 7.95% decrease in their ownership of the stock.

TFI International Stock Performance

TFII stock traded up C$11.58 during midday trading on Thursday, hitting C$195.19. The company’s stock had a trading volume of 234,561 shares, compared to its average volume of 231,089. The stock has a market cap of C$16.04 billion, a price-to-earnings ratio of 54.37, 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. The stock’s 50-day moving average price is C$165.04 and its 200 day moving average price is C$150.55. TFI International Inc. has a 1 year low of C$113.72 and a 1 year high of C$203.93.

TFI International (TSE:TFIIGet Free Report) last released its earnings results on Monday, April 27th. The company reported C$0.96 EPS for the quarter. The company had revenue of C$2.71 billion for the quarter. TFI International had a return on equity of 11.18% and a net margin of 3.79%. On average, equities analysts forecast that TFI International Inc. will post 12.2345048 EPS for the current year.

TFI International Dividend Announcement

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

Analysts Set New Price Targets

TFII has been the subject of several research reports. National Bank Financial increased their price objective on TFI International from C$190.00 to C$208.00 and gave the company an “outperform” rating in a report on Tuesday, April 28th. Scotiabank upped their price target on TFI International from C$170.00 to C$200.00 in a research report on Tuesday, April 28th. Desjardins increased their price target on 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. Citigroup boosted their target price on shares of TFI International from C$143.00 to C$144.00 and gave the company a “buy” rating in a report on Tuesday, April 7th. Finally, Stifel Nicolaus raised their price target on TFI International from C$100.00 to C$113.00 in a report on Wednesday, January 21st. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of C$177.20.

Read Our Latest Research Report on TFI International

About TFI International

(Get Free Report)

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.

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