Susquehanna Issues Pessimistic Forecast for TFI International (NYSE:TFII) Stock Price

TFI International (NYSE:TFII) had its target price cut by Susquehanna from $170.00 to $135.00 in a research report released on Monday,Benzinga reports. They currently have a positive rating on the stock.

Other analysts also recently issued reports about the stock. Stephens cut their price target on shares of TFI International from $138.00 to $110.00 and set an “equal weight” rating on the stock in a research report on Tuesday, February 25th. Bank of America lowered shares of TFI International from a “neutral” rating to an “underperform” rating in a report on Thursday, February 20th. Royal Bank of Canada reduced their target price on TFI International from $156.00 to $127.00 and set an “outperform” rating on the stock in a report on Friday, February 21st. Desjardins upgraded TFI International from a “hold” rating to a “buy” rating in a report on Monday, December 9th. Finally, Stifel Nicolaus cut their price objective on TFI International from $147.00 to $120.00 and set a “hold” rating on the stock in a report on Friday, February 21st. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $148.93.

TFI International Stock Down 4.9 %

Shares of TFII opened at $86.21 on Monday. The business’s fifty day moving average price is $127.05 and its two-hundred day moving average price is $137.83. 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 firm has a market capitalization of $7.26 billion, a price-to-earnings ratio of 17.24, a PEG ratio of 1.11 and a beta of 1.57. TFI International has a 52 week low of $84.87 and a 52 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 (EPS) for the quarter, missing the consensus estimate of $1.59 by ($0.40). The business had revenue of $2.08 billion during the quarter, compared to the consensus estimate of $1.54 billion. TFI International had a net margin of 5.08% and a return on equity of 18.40%. On average, analysts predict that TFI International will post 7.76 earnings per share for the current year.

Institutional Trading of TFI International

Several institutional investors and hedge funds have recently bought and sold shares of TFII. Brown Brothers Harriman & Co. increased its position in shares of TFI International by 124.8% during the 4th quarter. Brown Brothers Harriman & Co. now owns 236 shares of the company’s stock worth $32,000 after purchasing an additional 131 shares during the last quarter. CIBC Private Wealth Group LLC increased its holdings in TFI International by 40.5% during the fourth quarter. CIBC Private Wealth Group LLC now owns 555 shares of the company’s stock worth $74,000 after buying an additional 160 shares during the last quarter. Legato Capital Management LLC raised its position in TFI International by 8.9% during the fourth quarter. Legato Capital Management LLC now owns 10,468 shares of the company’s stock worth $1,414,000 after acquiring an additional 859 shares in the last quarter. Plato Investment Management Ltd acquired a new stake in TFI International in the third quarter valued at $134,000. Finally, BI Asset Management Fondsmaeglerselskab A S grew its position in shares of TFI International by 7.8% in the 4th quarter. BI Asset Management Fondsmaeglerselskab A S now owns 37,353 shares of the company’s stock valued at $5,046,000 after acquiring an additional 2,696 shares during the period. Institutional investors own 73.30% of the company’s stock.

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.