Stephens Cuts TFI International (NYSE:TFII) Price Target to $110.00

TFI International (NYSE:TFII) had its price target cut by Stephens from $138.00 to $110.00 in a research note published on Tuesday,BayStreet.CA reports. They currently have an equal weight rating on the stock.

A number of other analysts have also weighed in on TFII. CIBC lowered their price objective on shares of TFI International from $160.00 to $141.00 and set an “outperformer” rating for the company in a research note on Friday, February 21st. UBS Group cut shares of TFI International from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $163.00 to $107.00 in a research report on Friday, February 21st. Royal Bank of Canada cut their price objective on shares of TFI International from $156.00 to $127.00 and set an “outperform” rating on the stock in a report on Friday, February 21st. The Goldman Sachs Group reduced their price objective on shares of TFI International from $176.00 to $150.00 and set a “buy” rating for the company in a research note on Friday, February 21st. Finally, Desjardins raised TFI International from a “hold” rating to a “buy” rating in a research report on Monday, December 9th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, TFI International currently has a consensus rating of “Hold” and a consensus price target of $151.43.

TFI International Stock Performance

TFI International stock opened at $89.21 on Tuesday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.96 and a current ratio of 1.03. The company has a market capitalization of $7.51 billion, a PE ratio of 17.84, a P/E/G ratio of 1.11 and a beta of 1.57. The company has a 50 day moving average price of $129.06 and a 200-day moving average price of $138.75. TFI International has a fifty-two week low of $88.76 and a fifty-two week high of $162.13.

TFI International (NYSE:TFII) last issued its earnings results on Wednesday, February 19th. The company reported $1.19 earnings per share for the quarter, missing analysts’ consensus estimates of $1.59 by ($0.40). TFI International had a net margin of 5.08% and a return on equity of 18.40%. The firm had revenue of $2.08 billion for the quarter, compared to the consensus estimate of $1.54 billion. As a group, equities analysts forecast that TFI International will post 7.76 earnings per share for the current year.

Hedge Funds Weigh In On TFI International

Hedge funds have recently modified their holdings of the stock. BI Asset Management Fondsmaeglerselskab A S grew its position in TFI International by 7.8% during the 4th quarter. BI Asset Management Fondsmaeglerselskab A S now owns 37,353 shares of the company’s stock worth $5,046,000 after purchasing an additional 2,696 shares during the last quarter. CDAM UK Ltd lifted its stake in shares of TFI International by 2.5% during the fourth quarter. CDAM UK Ltd now owns 381,102 shares of the company’s stock worth $51,483,000 after buying an additional 9,200 shares during the period. Geode Capital Management LLC grew its holdings in shares of TFI International by 31.5% during the fourth quarter. Geode Capital Management LLC now owns 469,263 shares of the company’s stock valued at $64,345,000 after buying an additional 112,455 shares during the last quarter. CIBC Private Wealth Group LLC increased its position in shares of TFI International by 40.5% in the 4th quarter. CIBC Private Wealth Group LLC now owns 555 shares of the company’s stock valued at $74,000 after acquiring an additional 160 shares during the period. Finally, Brown Brothers Harriman & Co. raised its stake in TFI International by 124.8% in the 4th quarter. Brown Brothers Harriman & Co. now owns 236 shares of the company’s stock worth $32,000 after acquiring an additional 131 shares during the last quarter. Institutional investors and hedge funds own 73.30% of the company’s stock.

About TFI International

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.