TFI International (NYSE:TFII) Given New $147.00 Price Target at Stifel Nicolaus

TFI International (NYSE:TFII) had its target price increased by investment analysts at Stifel Nicolaus from $139.00 to $147.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage presently has a “hold” rating on the stock. Stifel Nicolaus’ price objective would suggest a potential upside of 8.36% from the company’s previous close.

Other research analysts also recently issued research reports about the company. Stephens reaffirmed an “equal weight” rating and set a $149.00 price objective (down previously from $176.00) on shares of TFI International in a report on Tuesday, October 1st. Susquehanna decreased their price target on TFI International from $180.00 to $170.00 and set a “positive” rating on the stock in a report on Wednesday, October 23rd. Citigroup lifted their price objective on TFI International from $158.00 to $170.00 and gave the stock a “buy” rating in a research report on Tuesday, November 12th. JPMorgan Chase & Co. cut their target price on shares of TFI International from $181.00 to $178.00 and set a “buy” rating on the stock in a research report on Wednesday, October 23rd. Finally, Desjardins upgraded shares of TFI International from a “hold” rating to a “buy” rating in a research report on Monday, December 9th. Six analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat.com, TFI International has a consensus rating of “Moderate Buy” and a consensus target price of $169.50.

TFI International Price Performance

TFI International stock traded up $0.80 on Thursday, reaching $135.66. The company’s stock had a trading volume of 45,948 shares, compared to its average volume of 172,866. The business’s fifty day moving average price is $142.69 and its 200 day moving average price is $143.76. The company has a market cap of $11.45 billion, a price-to-earnings ratio of 24.67, a PEG ratio of 1.53 and a beta of 1.58. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.96 and a current ratio of 0.98. TFI International has a twelve month low of $126.00 and a twelve month high of $162.13.

TFI International (NYSE:TFII) last announced its earnings results on Monday, October 21st. The company reported $1.60 earnings per share for the quarter, missing analysts’ consensus estimates of $1.79 by ($0.19). TFI International had a return on equity of 20.25% and a net margin of 5.67%. The company had revenue of $2.18 billion during the quarter, compared to the consensus estimate of $2.28 billion. During the same period in the prior year, the firm posted $1.57 earnings per share. Equities analysts expect that TFI International will post 5.94 earnings per share for the current fiscal year.

Institutional Trading of TFI International

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. QV Investors Inc. acquired a new position in TFI International during the third quarter worth $29,891,000. iA Global Asset Management Inc. boosted its stake in shares of TFI International by 1,894.5% during the 3rd quarter. iA Global Asset Management Inc. now owns 32,910 shares of the company’s stock worth $4,505,000 after buying an additional 31,260 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of TFI International by 6.8% during the 3rd quarter. Geode Capital Management LLC now owns 356,808 shares of the company’s stock worth $49,288,000 after buying an additional 22,566 shares during the last quarter. Public Employees Retirement System of Ohio bought a new position in shares of TFI International in the 3rd quarter valued at about $2,373,000. Finally, Toronto Dominion Bank increased its position in shares of TFI International by 37.9% in the third quarter. Toronto Dominion Bank now owns 60,112 shares of the company’s stock valued at $8,229,000 after acquiring an additional 16,510 shares during the last quarter. 73.30% of the stock is currently owned by institutional investors and hedge funds.

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.