TFI International (NYSE:TFII) Price Target Lowered to $105.00 at Susquehanna

TFI International (NYSE:TFII - Get Free Report) had its price target lowered by equities research analysts at Susquehanna from $115.00 to $105.00 in a research report issued on Monday,Benzinga reports. The firm currently has a "positive" rating on the stock. Susquehanna's price objective points to a potential upside of 16.86% from the company's current price.

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TFII has been the subject of several other reports. Stifel Nicolaus reduced their price objective on TFI International from $96.00 to $94.00 and set a "hold" rating for the company in a research note on Tuesday, October 28th. Cormark cut TFI International from a "moderate buy" rating to a "hold" rating in a research note on Tuesday, July 29th. CIBC dropped their price objective on TFI International from $110.00 to $109.00 and set an "outperform" rating for the company in a research note on Wednesday, September 17th. Bank of America lifted their price objective on TFI International from $90.00 to $92.00 and gave the company an "underperform" rating in a research note on Tuesday, July 29th. Finally, Zacks Research cut TFI International from a "hold" rating to a "strong sell" rating in a research note on Wednesday, October 29th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $111.53.

Read Our Latest Report on TFI International

TFI International Stock Up 2.8%

TFI International stock opened at $89.85 on Monday. The firm has a market cap of $7.39 billion, a price-to-earnings ratio of 23.16, a price-to-earnings-growth ratio of 3.25 and a beta of 1.48. TFI International has a 52 week low of $72.02 and a 52 week high of $155.12. The business's 50-day moving average price is $92.29 and its 200 day moving average price is $89.37. The company has a quick ratio of 1.05, a current ratio of 1.06 and a debt-to-equity ratio of 0.88.

TFI International (NYSE:TFII - Get Free Report) last issued its quarterly earnings results on Thursday, October 30th. The company reported $1.20 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.19 by $0.01. The company had revenue of $1.97 billion for the quarter, compared to the consensus estimate of $1.49 billion. TFI International had a return on equity of 14.20% and a net margin of 4.06%. As a group, sell-side analysts anticipate that TFI International will post 7.76 earnings per share for the current year.

Institutional Trading of TFI International

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Dixon Mitchell Investment Counsel Inc. grew its holdings in shares of TFI International by 44.4% in the 2nd quarter. Dixon Mitchell Investment Counsel Inc. now owns 818,334 shares of the company's stock worth $73,714,000 after acquiring an additional 251,444 shares during the period. Argent Capital Management LLC lifted its stake in TFI International by 303.4% in the 2nd quarter. Argent Capital Management LLC now owns 142,864 shares of the company's stock valued at $12,811,000 after buying an additional 107,451 shares in the last quarter. Geode Capital Management LLC lifted its stake in TFI International by 19.1% in the 2nd quarter. Geode Capital Management LLC now owns 632,426 shares of the company's stock valued at $57,214,000 after buying an additional 101,218 shares in the last quarter. QV Investors Inc. lifted its stake in shares of TFI International by 25.1% during the 3rd quarter. QV Investors Inc. now owns 441,478 shares of the company's stock worth $38,862,000 after purchasing an additional 88,697 shares during the period. Finally, Quantbot Technologies LP lifted its stake in shares of TFI International by 877.9% during the 1st quarter. Quantbot Technologies LP now owns 78,466 shares of the company's stock worth $6,077,000 after purchasing an additional 70,442 shares during the period. 73.30% of the stock is owned by hedge funds and other institutional investors.

About TFI International

TFI International Inc, together with its subsidiaries, provides transportation and logistics services in the United States and Canada. The company operates through Package and Courier, Less-Than-Truckload (LTL), Truckload (TL), and Logistics segments. The Package and Courier segment engages in the pickup, transport, and delivery of items in North America.

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