TFI International (NYSE:TFII) Announces Quarterly Earnings Results, Misses Expectations By $0.40 EPS

TFI International (NYSE:TFII) posted its earnings results on Wednesday. The company reported $1.19 earnings per share for the quarter, missing the consensus estimate of $1.59 by ($0.40), Zacks reports. The firm had revenue of $2.08 billion during the quarter, compared to analysts’ expectations of $1.54 billion. TFI International had a net margin of 5.08% and a return on equity of 18.43%.

TFI International Price Performance

TFI International stock opened at $101.53 on Friday. The company has a debt-to-equity ratio of 0.84, a current ratio of 0.98 and a quick ratio of 0.96. The stock has a market capitalization of $8.55 billion, a P/E ratio of 20.31, a P/E/G ratio of 1.40 and a beta of 1.57. The firm’s 50-day moving average is $134.73 and its two-hundred day moving average is $140.62. TFI International has a 12-month low of $100.77 and a 12-month high of $162.13.

Wall Street Analyst Weigh In

TFII has been the subject of a number of recent research reports. Citigroup increased their price target on shares of TFI International from $158.00 to $170.00 and gave the stock a “buy” rating in a research note on Tuesday, November 12th. Stifel Nicolaus upped their price objective on shares of TFI International from $139.00 to $147.00 and gave the stock a “hold” rating in a research report on Thursday, January 30th. Desjardins raised shares of TFI International from a “hold” rating to a “buy” rating in a report on Monday, December 9th. CIBC boosted their target price on TFI International from $166.00 to $176.00 and gave the stock an “outperformer” rating in a research report on Wednesday, December 4th. Finally, UBS Group cut TFI International from a “buy” rating to a “neutral” rating and reduced their price target for the company from $163.00 to $107.00 in a report on Friday. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, TFI International has a consensus rating of “Moderate Buy” and a consensus price target of $166.29.

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.