TFI International (NYSE:TFII) Price Target Cut to $120.00 by Analysts at Stifel Nicolaus

TFI International (NYSE:TFII) had its price objective lowered by Stifel Nicolaus from $147.00 to $120.00 in a research report released on Friday,Benzinga reports. The brokerage currently has a hold rating on the stock.

A number of other equities research analysts also recently issued reports on TFII. Bank of America downgraded TFI International from a “neutral” rating to an “underperform” rating in a research report on Thursday. CIBC raised their price target on TFI International from $166.00 to $176.00 and gave the company an “outperformer” rating in a report on Wednesday, December 4th. UBS Group lowered TFI International from a “buy” rating to a “neutral” rating and cut their price objective for the stock from $163.00 to $107.00 in a report on Friday. Citigroup raised their target price on shares of TFI International from $158.00 to $170.00 and gave the company a “buy” rating in a research note on Tuesday, November 12th. Finally, Desjardins raised shares of TFI International from a “hold” rating to a “buy” rating in a research note on Monday, December 9th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, TFI International presently has a consensus rating of “Moderate Buy” and a consensus target price of $157.07.

TFI International Trading Down 6.7 %

Shares of TFII opened at $94.69 on Friday. The business’s 50-day moving average price is $133.57 and its 200-day moving average price is $140.28. The company has a quick ratio of 0.96, a current ratio of 1.03 and a debt-to-equity ratio of 0.86. TFI International has a twelve month low of $92.66 and a twelve month high of $162.13. The stock has a market cap of $7.97 billion, a PE ratio of 18.94, a P/E/G ratio of 1.11 and a beta of 1.57.

TFI International (NYSE:TFII) last posted 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 return on equity of 18.40% and a net margin of 5.08%. The firm had revenue of $2.08 billion for the quarter, compared to the consensus estimate of $1.54 billion. On average, equities analysts forecast that TFI International will post 7.76 EPS for the current fiscal year.

Institutional Trading of TFI International

Several institutional investors have recently added to or reduced their stakes in the business. Geode Capital Management LLC increased its holdings in shares of TFI International by 6.8% in the third 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 period. Baillie Gifford & Co. purchased a new position in TFI International in the 4th quarter worth approximately $148,623,000. Canoe Financial LP bought a new stake in TFI International in the fourth quarter valued at approximately $1,853,000. Quantbot Technologies LP boosted its stake in shares of TFI International by 295.1% during the third quarter. Quantbot Technologies LP now owns 21,484 shares of the company’s stock valued at $2,941,000 after purchasing an additional 16,047 shares during the period. Finally, Entropy Technologies LP bought a new position in shares of TFI International in the third quarter worth approximately $643,000. 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.