Key Points
- Director Alain Bédard sold 11,700 shares of TFI International on May 14 at an average price of C$197.31, totaling about C$2.31 million and reducing his stake by 5.2%.
- The stock was up 6.7% and opened at C$195.90, near its 52-week high of C$203.93, with a market capitalization of C$16.1 billion.
- TFI International reported Q1 earnings of C$0.96 per share on revenue of C$2.71 billion, while analysts currently rate the stock a Moderate Buy with a consensus target price of C$177.20.
TFI International Inc. (TSE:TFII - Get Free Report) Director Frank Paglia sold 600 shares of the business's stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of C$194.90, for a total value of C$116,940.00. Following the completion of the sale, the director owned 6,947 shares of the company's stock, valued at approximately C$1,353,970.30. This trade represents a 7.95% decrease in their ownership of the stock.
TFI International Stock Up 6.7%
TFII opened at C$195.90 on Friday. The business has a 50 day moving average price of C$165.72 and a 200 day moving average price of C$151.04. TFI International Inc. has a twelve month low of C$113.72 and a twelve month high of C$203.93. The company has a debt-to-equity ratio of 119.57, a quick ratio of 1.18 and a current ratio of 1.07. The firm has a market cap of C$16.10 billion, a P/E ratio of 54.57, a price-to-earnings-growth ratio of 1.01 and a beta of 1.49.
TFI International (TSE:TFII - Get Free Report) last posted its earnings results on Monday, April 27th. The company reported C$0.96 earnings per share 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. Research analysts forecast that TFI International Inc. will post 12.2345048 EPS for the current year.
TFI International Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Wednesday, April 15th were issued a $0.47 dividend. This represents a $1.88 annualized dividend and a yield of 1.0%. The ex-dividend date was Tuesday, March 31st. TFI International's payout ratio is 51.25%.
Wall Street Analyst Weigh In
A number of research analysts have recently commented on TFII shares. Stifel Nicolaus upped their price target on TFI International from C$100.00 to C$113.00 in a report on Wednesday, January 21st. National Bank Financial upped their price target on TFI International from C$190.00 to C$208.00 and gave the stock an "outperform" rating in a report on Tuesday, April 28th. Citigroup upped their price target on TFI International from C$143.00 to C$144.00 and gave the stock a "buy" rating in a report on Tuesday, April 7th. Desjardins upped their price target on TFI International from C$183.00 to C$221.00 and gave the stock a "buy" rating in a report on Tuesday, April 28th. Finally, Scotiabank upped their price target on TFI International from C$170.00 to C$200.00 in a report on Tuesday, April 28th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of C$177.20.
Get Our Latest Analysis on TFII
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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