TFI International Inc. (TSE:TFII - Get Free Report) Director Alain Bédard purchased 20,000 shares of the company's stock in a transaction dated Monday, November 2nd. The shares were acquired at an average price of C$132.00 per share, for a total transaction of C$2,640,000.00. Following the purchase, the director directly owned 4,550,839 shares of the company's stock, valued at approximately C$600,710,748. The trade was a 0.44% increase in their position.
TFI International Price Performance
Shares of TFII stock opened at C$134.16 on Tuesday. TFI International Inc. has a fifty-two week low of C$113.72 and a fifty-two week high of C$233.85. The company has a debt-to-equity ratio of 106.02, a quick ratio of 1.18 and a current ratio of 1.11. The firm has a market capitalization of C$11.03 billion, a price-to-earnings ratio of 31.06, a PEG ratio of 1.01 and a beta of 1.96. The stock's 50-day simple moving average is C$170.27 and its 200-day simple moving average is C$179.52.
TFI International (TSE:TFII - Get Free Report) last announced its quarterly earnings data on Thursday, October 29th. The company reported C$2.38 EPS for the quarter. The firm had revenue of C$3.18 billion during the quarter. TFI International had a net margin of 4.22% and a return on equity of 12.95%. As a group, equities analysts forecast that TFI International Inc. will post 12.23 earnings per share for the current fiscal year.
TFI International Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Thursday, October 15th were given a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Tuesday, September 29th. TFI International's payout ratio is currently 43.52%.
Analysts Set New Price Targets
A number of research analysts have issued reports on TFII shares. National Bank Financial decreased their price target on shares of TFI International from C$208.00 to C$160.00 and set an "outperform" rating for the company in a report on Friday, July 10th. Desjardins upped their target price on TFI International from C$221.00 to C$245.00 and gave the company a "buy" rating in a research report on Tuesday, July 28th. Finally, Scotiabank cut their target price on TFI International from C$263.00 to C$235.00 and set a "sector outperform" rating on the stock in a research report on Thursday, October 15th. Four investment analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of C$179.40.
Get Our Latest Stock Report on TFII
TFI International Company Profile
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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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