TFI International Inc. (TSE:TFII – Get Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as C$225.02 and last traded at C$223.98, with a volume of 12029 shares changing hands. The stock had previously closed at C$222.37.
Analyst Ratings Changes
TFII has been the topic of a number of recent analyst reports. Citigroup boosted 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 report on Tuesday, April 7th. National Bank Financial lifted 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. Desjardins upped their target price on shares of TFI International from C$183.00 to C$221.00 and gave the company a “buy” rating in a report on Tuesday, April 28th. Finally, Scotiabank raised their target price on shares of TFI International from C$170.00 to C$200.00 in a research note on Tuesday, April 28th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of C$177.20.
View Our Latest Stock Analysis on TFI International
TFI International Stock Up 1.8%
TFI International (TSE:TFII – Get Free Report) last released its quarterly earnings data on Monday, April 27th. The company reported C$0.96 EPS for the quarter. The firm had revenue of C$2.71 billion for the quarter. TFI International had a net margin of 3.79% and a return on equity of 11.18%. As a group, sell-side analysts expect that TFI International Inc. will post 12.2345048 EPS for the current year.
TFI International Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Wednesday, April 15th were paid a $0.47 dividend. The ex-dividend date was Tuesday, March 31st. This represents a $1.88 dividend on an annualized basis and a yield of 0.8%. TFI International’s dividend payout ratio is 51.25%.
Insider Activity at TFI International
In other TFI International news, Director Frank Paglia sold 600 shares of the firm’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 transaction of C$116,940.00. Following the completion of the sale, the director directly owned 6,947 shares in the company, valued at C$1,353,970.30. This trade represents a 7.95% decrease in their ownership of the stock. Also, insider David Joseph Saperstein sold 4,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of C$218.75, for a total value of C$875,000.00. Following the completion of the transaction, the insider directly owned 31,811 shares in the company, valued at C$6,958,656.25. The trade was a 11.17% decrease in their position. Insiders sold 30,800 shares of company stock valued at $6,306,627 in the last 90 days. Insiders own 5.97% of the company’s stock.
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.
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