TFI International Inc. (TSE:TFII – Get Free Report) Director Sébastien Martel bought 1,325 shares of the business’s stock in a transaction on Wednesday, November 4th. The stock was bought at an average cost of C$136.90 per share, with a total value of C$181,392.50. Following the transaction, the director owned 8,935 shares in the company, valued at C$1,223,201.50. This trade represents a 17.41% increase in their position.
TFI International Price Performance
Shares of TFII opened at C$140.06 on Thursday. The firm has a market cap of C$11.51 billion, a PE ratio of 32.42, a P/E/G ratio of 1.01 and a beta of 1.80. The company has a current ratio of 1.11, a quick ratio of 1.18 and a debt-to-equity ratio of 106.02. The firm has a fifty day simple moving average of C$168.30 and a two-hundred day simple moving average of C$179.34. TFI International Inc. has a 1-year low of C$113.72 and a 1-year high of C$233.85.
TFI International (TSE:TFII – Get Free Report) last released its quarterly earnings results on Thursday, October 29th. The company reported C$2.38 earnings per share (EPS) for the quarter. The firm had revenue of C$3.18 billion for the quarter. TFI International had a return on equity of 12.95% and a net margin of 4.22%. On average, equities analysts anticipate that TFI International Inc. will post 12.23 EPS for the current year.
TFI International Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Thursday, October 15th were given a dividend of $0.47 per share. The ex-dividend date of this dividend was Tuesday, September 29th. This represents a $1.88 annualized dividend and a dividend yield of 1.3%. TFI International’s dividend payout ratio is presently 43.52%.
Key Headlines Impacting TFI International
Here are the key news stories impacting TFI International this week:
- Positive Sentiment: Multiple directors increased their holdings, with purchases ranging from about C$181,000 to C$2.64 million. The broad-based insider buying could bolster investor confidence. Insider buying report
- Negative Sentiment: Recent analyst price-target reductions and reports of difficulty improving the UPS freight business TFI acquired remain potential headwinds, raising concerns about operating performance and expectations. TD Cowen target update Report on the UPS freight business
Wall Street Analyst Weigh In
Several analysts recently issued reports on the stock. National Bank Financial cut their target price on shares of TFI International from C$208.00 to C$160.00 and set an “outperform” rating for the company in a research report on Friday, July 10th. Desjardins increased their price target on shares of TFI International from C$221.00 to C$245.00 and gave the stock a “buy” rating in a research report on Tuesday, July 28th. Finally, Scotiabank decreased their price target on shares of TFI International from C$263.00 to C$235.00 and set a “sector outperform” rating on the stock in a research report on Thursday, October 15th. Four equities research analysts have rated the stock with a Buy rating. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of C$179.40.
Read Our Latest Stock Analysis on TFI International
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.
Featured Articles
- Five stocks we like better than TFI International
- Why ExxonMobil and Chevron Reminded Investors to Keep it Simple
- Amazon Has Erased Its Earnings Sell-Off, But Is the Biggest Opportunity Still Ahead?
- onsemi’s AI Sales Surge 175%: Is a Stock Recovery Next?
- Energy Transfer’s Earnings Miss May Be Hiding Its Strongest Advantage
Receive News & Ratings for TFI International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TFI International and related companies with MarketBeat.com's FREE daily email newsletter.
