TFI International (NYSE:TFII – Get Free Report) had its price objective decreased by investment analysts at Morgan Stanley from $190.00 to $175.00 in a research note issued to investors on Monday, Benzinga reports. The brokerage currently has an “overweight” rating on the stock. Morgan Stanley‘s price objective indicates a potential upside of 80.44% from the company’s previous close.
TFII has been the subject of a number of other reports. BMO Capital Markets restated a “market perform” rating on shares of TFI International in a research note on Wednesday, October 7th. The Goldman Sachs Group dropped their target price on shares of TFI International from $178.00 to $155.00 and set a “buy” rating on the stock in a report on Monday. TD boosted their target price on shares of TFI International from $153.00 to $154.00 and gave the stock a “buy” rating in a research report on Wednesday, July 8th. Scotiabank restated an “outperform” rating on shares of TFI International in a report on Thursday, October 15th. Finally, Stephens raised their price target on TFI International from $195.00 to $205.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Fourteen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $160.94.
View Our Latest Stock Report on TFI International
TFI International Stock Up 3.9%
Shares of NYSE TFII traded up $3.66 during mid-day trading on Monday, reaching $96.98. 382,697 shares of the company traded hands, compared to its average volume of 370,455. The company’s fifty day moving average is $122.28 and its two-hundred day moving average is $129.26. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.10 and a current ratio of 1.11. TFI International has a fifty-two week low of $80.63 and a fifty-two week high of $167.69. The stock has a market cap of $7.97 billion, a PE ratio of 22.38, a price-to-earnings-growth ratio of 0.59 and a beta of 1.68.
TFI International (NYSE:TFII – Get Free Report) last posted its earnings results on Thursday, October 29th. The company reported $1.67 earnings per share for the quarter, missing the consensus estimate of $1.75 by ($0.08). The company had revenue of $2.23 billion during 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%. On average, analysts expect that TFI International will post 5.95 earnings per share for the current year.
Hedge Funds Weigh In On TFI International
Several institutional investors and hedge funds have recently added to or reduced their stakes in TFII. Vise Technologies Inc. grew its holdings in shares of TFI International by 15.0% during the 3rd quarter. Vise Technologies Inc. now owns 3,684 shares of the company’s stock worth $442,000 after purchasing an additional 481 shares in the last quarter. Laurel Wealth Advisors LLC bought a new position in TFI International in the third quarter worth $36,000. Guardian Partners Inc. boosted its stake in TFI International by 1.1% during the third quarter. Guardian Partners Inc. now owns 37,960 shares of the company’s stock worth $4,563,000 after buying an additional 412 shares in the last quarter. Value Partners Investments Inc. boosted its stake in TFI International by 4.7% during the third quarter. Value Partners Investments Inc. now owns 18,857 shares of the company’s stock worth $2,268,000 after buying an additional 838 shares in the last quarter. Finally, Financial & Tax Architects LLC boosted its stake in TFI International by 31.4% during the third quarter. Financial & Tax Architects LLC now owns 4,677 shares of the company’s stock worth $561,000 after buying an additional 1,117 shares in the last quarter. 73.30% of the stock is currently owned by institutional investors.
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.
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