Stifel Nicolaus Lowers TFI International (NYSE:TFII) Price Target to $120.00

TFI International (NYSE:TFII) had its price target dropped by investment analysts at Stifel Nicolaus from $147.00 to $120.00 in a report issued on Friday,Benzinga reports. The brokerage currently has a “hold” rating on the stock. Stifel Nicolaus’ price objective would indicate a potential upside of 23.60% from the stock’s previous close.

Several other analysts have also commented on the company. CIBC increased their price objective on TFI International from $166.00 to $176.00 and gave the company an “outperformer” rating in a report on Wednesday, December 4th. Citigroup increased their price target on TFI International from $158.00 to $170.00 and gave the company a “buy” rating in a research note on Tuesday, November 12th. UBS Group lowered TFI International from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $163.00 to $107.00 in a research note on Friday. Bank of America lowered shares of TFI International from a “neutral” rating to an “underperform” rating in a research report on Thursday. Finally, Desjardins raised shares of TFI International from a “hold” rating to a “buy” rating in a research report on Monday, December 9th. One analyst has rated the stock with a sell rating, five have issued a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $164.36.

TFI International Stock Down 4.3 %

Shares of NYSE TFII opened at $97.09 on Friday. TFI International has a 52-week low of $98.14 and a 52-week high of $162.13. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.96 and a current ratio of 0.98. The stock has a 50 day moving average price of $134.73 and a 200 day moving average price of $140.62. The firm has a market capitalization of $8.18 billion, a price-to-earnings ratio of 19.49, a PEG ratio of 1.40 and a beta of 1.57.

TFI International (NYSE:TFII) last released its quarterly earnings data on Wednesday, February 19th. The company reported $1.19 earnings per share for the quarter, missing the consensus estimate of $1.59 by ($0.40). The firm had revenue of $2.08 billion during the quarter, compared to the consensus estimate of $1.54 billion. TFI International had a net margin of 5.08% and a return on equity of 18.43%. Sell-side analysts expect that TFI International will post 7.76 earnings per share for the current year.

Institutional Investors Weigh In On TFI International

A number of institutional investors have recently modified their holdings of the business. Geode Capital Management LLC raised its holdings in TFI International by 6.8% in the 3rd quarter. Geode Capital Management LLC now owns 356,808 shares of the company’s stock worth $49,288,000 after purchasing an additional 22,566 shares during the period. Canoe Financial LP purchased a new stake in shares of TFI International in the fourth quarter valued at approximately $1,853,000. Baillie Gifford & Co. purchased a new position in shares of TFI International during the 4th quarter valued at approximately $148,623,000. Quantbot Technologies LP grew its stake in TFI International by 295.1% in the 3rd quarter. Quantbot Technologies LP now owns 21,484 shares of the company’s stock valued at $2,941,000 after acquiring an additional 16,047 shares during the period. Finally, Entropy Technologies LP acquired a new stake in TFI International in the 3rd quarter valued at $643,000. 73.30% of the stock is currently owned by institutional investors and hedge funds.

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.