Key Points
- TFI International director Diane Giard bought 2,000 shares for C$268,140 at C$134.07 each, increasing her stake by 14.71% to 15,593 shares.
- The company reported quarterly EPS of C$2.38 and revenue of C$3.18 billion; it also pays an annualized dividend of C$1.88 per share, a 1.3% yield.
- Analysts maintain a consensus Buy rating with a C$179.40 price target, though some have cut targets and concerns remain about the performance of its acquired UPS freight business.
TFI International Inc. (TSE:TFII - Get Free Report) Director Sébastien Martel bought 1,325 shares of TFI International stock in a transaction that occurred on Wednesday, November 4th. The stock was purchased at an average cost of C$136.90 per share, with a total value of C$181,392.50. Following the completion of the acquisition, the director directly owned 8,935 shares in the company, valued at C$1,223,201.50. This represents a 17.41% increase in their position.
TFI International Price Performance
TSE TFII opened at C$140.06 on Thursday. The company has a current ratio of 1.11, a quick ratio of 1.18 and a debt-to-equity ratio of 106.02. TFI International Inc. has a 12 month low of C$113.72 and a 12 month high of C$233.85. The stock has a market cap of C$11.51 billion, a price-to-earnings ratio of 32.42, a PEG ratio of 1.01 and a beta of 1.80. The company's 50 day moving average is C$168.30 and its two-hundred day moving average is C$179.34.
TFI International (TSE:TFII - Get Free Report) last posted its quarterly earnings results on Thursday, October 29th. The company reported C$2.38 earnings per share for the quarter. The business 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, research analysts anticipate that TFI International Inc. will post 12.23 earnings per share for the current year.
TFI International Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Thursday, October 15th were given a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Tuesday, September 29th. TFI International's dividend payout ratio (DPR) is presently 43.52%.
Key TFI International News
Here are the key news stories impacting TFI International this week:
- Positive Sentiment: Multiple directors increased their holdings, with purchases ranging from about C$181,000 to C$2.64 million. The broad-based insider buying could bolster investor confidence. Insider buying report
- Negative Sentiment: Recent analyst price-target reductions and reports of difficulty improving the UPS freight business TFI acquired remain potential headwinds, raising concerns about operating performance and expectations. TD Cowen target update Report on the UPS freight business
Wall Street Analyst Weigh In
Several brokerages recently weighed in on TFII. National Bank Financial dropped their target price 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 increased their price target on TFI International from C$221.00 to C$245.00 and gave the stock a "buy" rating in a research note on Tuesday, July 28th. Finally, Scotiabank decreased their price target on TFI International from C$263.00 to C$235.00 and set a "sector outperform" rating on the stock in a report on Thursday, October 15th. Four investment analysts have rated the stock with a Buy rating. Based on data from MarketBeat, TFI International currently has a consensus rating of "Buy" and an average target price of C$179.40.
Read 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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