TFI International (NYSE:TFII) Price Target Cut to $176.00

TFI International (NYSE:TFII) had its price objective dropped by analysts at TD Cowen from $178.00 to $176.00 in a report released on Monday, Benzinga reports. The firm presently has a “buy” rating on the stock. TD Cowen’s price target would indicate a potential upside of 35.04% from the stock’s previous close.

Several other equities analysts have also recently weighed in on TFII. CIBC raised their price objective on TFI International from $167.00 to $175.00 and gave the company an “outperformer” rating in a research note on Tuesday, April 2nd. Stifel Nicolaus raised their price target on shares of TFI International from $148.00 to $149.00 and gave the company a “buy” rating in a research report on Wednesday, January 10th. Royal Bank of Canada reduced their price objective on shares of TFI International from $173.00 to $162.00 and set an “outperform” rating for the company in a research report on Monday. Deutsche Bank Aktiengesellschaft assumed coverage on shares of TFI International in a research report on Monday, January 29th. They set a “buy” rating and a $175.00 target price on the stock. Finally, Scotiabank raised TFI International from a “sector perform” rating to a “sector outperform” rating in a report on Monday, January 22nd. Three analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $160.78.

TFI International Trading Down 4.0 %

NYSE:TFII opened at $130.33 on Monday. TFI International has a one year low of $102.94 and a one year high of $162.13. The company has a market cap of $11.02 billion, a PE ratio of 23.15, a PEG ratio of 1.42 and a beta of 1.52. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.66 and a quick ratio of 1.64. The firm has a 50-day moving average of $151.29 and a 200-day moving average of $134.32.

TFI International (NYSE:TFII) last issued its quarterly earnings data on Thursday, April 25th. The company reported $1.24 EPS for the quarter, missing analysts’ consensus estimates of $1.39 by ($0.15). TFI International had a return on equity of 20.39% and a net margin of 6.44%. The company had revenue of $1.87 billion for the quarter, compared to the consensus estimate of $1.89 billion. As a group, equities research analysts expect that TFI International will post 7.47 EPS for the current fiscal year.

Hedge Funds Weigh In On TFI International

Hedge funds have recently made changes to their positions in the stock. Cary Street Partners Investment Advisory LLC bought a new position in shares of TFI International in the third quarter valued at approximately $27,000. UMB Bank n.a. purchased a new stake in TFI International in the 1st quarter worth approximately $136,000. SG Americas Securities LLC bought a new position in TFI International in the 3rd quarter valued at $257,000. Clearbridge Investments LLC purchased a new position in shares of TFI International during the 4th quarter valued at $287,000. Finally, Campbell & CO Investment Adviser LLC increased its holdings in shares of TFI International by 67.0% in the fourth quarter. Campbell & CO Investment Adviser LLC now owns 3,842 shares of the company’s stock worth $522,000 after purchasing an additional 1,542 shares during the period. 73.30% of the stock is currently owned by hedge funds and other institutional investors.

TFI International Company Profile

TFI International Inc, together with its subsidiaries, provides transportation and logistics services in the United States and Canada. The company operates through Package and Courier, Less-Than-Truckload (LTL), Truckload (TL), and Logistics segments. The Package and Courier segment engages in the pickup, transport, and delivery of items in North America.