Key Points
- Director Diane Giard bought 2,000 shares of TFI International at C$183.86 each, spending C$367,720 and increasing her stake by 17.25% to 13,593 shares.
- The stock was down 0.7% and opened at C$183.61, while TFI International’s market cap stood at C$15.09 billion with a 52-week range of C$113.72 to C$203.93.
- Analysts remain moderately bullish on the company, with three Buy ratings and an average price target of C$177.20; the company also recently paid a quarterly dividend of C$0.47 per share.
TFI International Inc. (TSE:TFII - Get Free Report) Director Diane Giard purchased 2,000 shares of the company's stock in a transaction on Wednesday, May 13th. The shares were bought at an average cost of C$183.86 per share, with a total value of C$367,720.00. Following the transaction, the director directly owned 13,593 shares of the company's stock, valued at C$2,499,208.98. This represents a 17.25% increase in their position.
TFI International Stock Down 0.7%
Shares of TSE:TFII opened at C$183.61 on Thursday. The company has a quick ratio of 1.18, a current ratio of 1.07 and a debt-to-equity ratio of 119.57. The company has a market capitalization of C$15.09 billion, a P/E ratio of 51.14, a P/E/G ratio of 1.01 and a beta of 1.49. TFI International Inc. has a 52-week low of C$113.72 and a 52-week high of C$203.93. The stock's fifty day simple moving average is C$165.04 and its 200-day simple moving average is C$150.55.
TFI International (TSE:TFII - Get Free Report) last posted its quarterly earnings data on Monday, April 27th. The company reported C$0.96 EPS for the quarter. TFI International had a return on equity of 11.18% and a net margin of 3.79%.The firm had revenue of C$2.71 billion during the quarter. As a group, equities research analysts forecast that TFI International Inc. will post 12.2345048 earnings per share for the current fiscal year.
TFI International Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 15th were issued a dividend of $0.47 per share. The ex-dividend date was Tuesday, March 31st. This represents a $1.88 dividend on an annualized basis and a dividend yield of 1.0%. TFI International's payout ratio is 51.25%.
Analyst Ratings Changes
Several brokerages recently issued reports on TFII. Scotiabank upped their price objective on shares of TFI International from C$170.00 to C$200.00 in a research note on Tuesday, April 28th. Stifel Nicolaus upped their price target on TFI International from C$100.00 to C$113.00 in a research note on Wednesday, January 21st. Citigroup increased their target price on shares of TFI International from C$143.00 to C$144.00 and gave the stock a "buy" rating in a research report on Tuesday, April 7th. Desjardins lifted their price target on shares of TFI International from C$183.00 to C$221.00 and gave the company a "buy" rating in a research report on Tuesday, April 28th. Finally, National Bank Financial raised their target price on shares of TFI International from C$190.00 to C$208.00 and gave the company an "outperform" rating in a research note on Tuesday, April 28th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of C$177.20.
Check Out Our Latest Report on TFI International
About TFI International
(
Get Free Report)
TFI International Inc is a North American leader in the transportation and logistics industry, operating across the United States,Canada and Mexico through its subsidiaries. TFI International creates value for shareholders by identifying strategic acquisitions and managing a growing network of wholly-owned operating subsidiaries. Under the TFI International umbrella, companies benefit from financial and operational resources to build their businesses and increase their efficiency. TFI International companies service the following segments: Less-Than-Truckload; Truckload; Logistics.
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