Insider Buying: TFI International (TSE:TFII) Director Buys C$367,720.00 in Stock

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

TFI International Price Performance

Shares of TSE TFII opened at C$193.90 on Friday. The company has a debt-to-equity ratio of 119.57, a quick ratio of 1.18 and a current ratio of 1.07. 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 has a market capitalization of C$15.94 billion, a PE ratio of 54.01, a price-to-earnings-growth ratio of 1.01 and a beta of 1.49. The stock’s 50-day simple moving average is C$166.37 and its 200-day simple moving average is C$151.34.

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

TFI International Dividend Announcement

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

Analysts Set New Price Targets

TFII has been the topic of several research analyst reports. Scotiabank raised their target price on TFI International from C$170.00 to C$200.00 in a research report on Tuesday, April 28th. Desjardins raised their target price on TFI International from C$183.00 to C$221.00 and gave the stock a “buy” rating in a research report on Tuesday, April 28th. National Bank Financial raised their target price on TFI International from C$190.00 to C$208.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 28th. Citigroup lifted their price target on TFI International from C$143.00 to C$144.00 and gave the stock a “buy” rating in a research report on Tuesday, April 7th. Finally, Stifel Nicolaus lifted their price target on TFI International from C$100.00 to C$113.00 in a research report on Wednesday, January 21st. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, TFI International has an average rating of “Moderate Buy” and an average price target of C$177.20.

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About TFI International

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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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