Key Points
- TFI International director Alain Bédard sold 13,500 shares on May 28 at an average price of C$206.50, totaling about C$2.79 million. After the sale, he still owned 200,009 shares, a 6.32% reduction in his stake.
- Bédard also sold 11,700 shares earlier in May at an average price of C$197.31, indicating continued insider selling activity.
- Despite the insider sales, analysts remain generally positive on the stock, with a Moderate Buy consensus and several firms recently raising price targets, including National Bank Financial, Scotiabank, and Desjardins.
TFI International Inc. (TSE:TFII - Get Free Report) Director Alain Bédard sold 13,500 shares of TFI International stock in a transaction on Thursday, May 28th. The stock was sold at an average price of C$206.50, for a total transaction of C$2,787,750.00. Following the sale, the director directly owned 200,009 shares of the company's stock, valued at C$41,301,858.50. This represents a 6.32% decrease in their position.
Alain Bédard also recently made the following trade(s):
- On Thursday, May 14th, Alain Bédard sold 11,700 shares of TFI International stock. The stock was sold at an average price of C$197.31, for a total transaction of C$2,308,527.00.
TFI International Price Performance
TFII opened at C$210.50 on Friday. The company has a fifty day moving average price of C$176.53 and a two-hundred day moving average price of C$156.54. The company has a debt-to-equity ratio of 119.57, a quick ratio of 1.18 and a current ratio of 1.07. TFI International Inc. has a 52 week low of C$113.72 and a 52 week high of C$213.12. The firm has a market capitalization of C$17.30 billion, a PE ratio of 58.64, a P/E/G ratio of 1.01 and a beta of 1.49.
TFI International (TSE:TFII - Get Free Report) last released its earnings results on Monday, April 27th. The company reported C$0.96 EPS for the quarter. TFI International had a net margin of 3.79% and a return on equity of 11.18%. The firm had revenue of C$2.71 billion during the quarter. As a group, analysts anticipate that TFI International Inc. will post 12.2345048 earnings per share for the current year.
TFI International Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 15th were issued a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Tuesday, March 31st. TFI International's payout ratio is currently 51.25%.
Wall Street Analysts Forecast Growth
A number of analysts have commented on TFII shares. National Bank Financial lifted their target price on shares of 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 boosted their price target on shares of TFI International from C$143.00 to C$144.00 and gave the company a "buy" rating in a report on Tuesday, April 7th. Scotiabank boosted their price target on shares of TFI International from C$170.00 to C$200.00 in a report on Tuesday, April 28th. Finally, Desjardins boosted 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 report on Tuesday, April 28th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, TFI International has a consensus rating of "Moderate Buy" and a consensus target price of C$177.20.
Check Out Our Latest Report on TFII
TFI International Company Profile
(
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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