Susquehanna Cuts TFI International (NYSE:TFII) Price Target to $135.00

TFI International (NYSE:TFII) had its target price decreased by Susquehanna from $170.00 to $135.00 in a report published on Monday morning,Benzinga reports. Susquehanna currently has a positive rating on the stock.

TFII has been the subject of several other research reports. CIBC lowered their price target on TFI International from $160.00 to $141.00 and set an “outperformer” rating for the company in a report on Friday, February 21st. UBS Group downgraded TFI International from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $163.00 to $107.00 in a report on Friday, February 21st. Stifel Nicolaus lowered their price target on TFI International from $147.00 to $120.00 and set a “hold” rating for the company in a report on Friday, February 21st. Royal Bank of Canada lowered their price target on TFI International from $156.00 to $127.00 and set an “outperform” rating for the company in a report on Friday, February 21st. Finally, The Goldman Sachs Group lowered their price target on TFI International from $176.00 to $150.00 and set a “buy” rating for the company in a report on Friday, February 21st. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, TFI International has a consensus rating of “Hold” and an average price target of $148.93.

TFI International Price Performance

Shares of TFII stock opened at $83.86 on Monday. TFI International has a 1-year low of $80.19 and a 1-year high of $162.13. The stock’s 50-day moving average is $124.72 and its 200 day moving average is $137.00. The company has a market cap of $7.06 billion, a P/E ratio of 16.77, a PEG ratio of 1.11 and a beta of 1.62. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.03 and a quick ratio of 0.96.

TFI International (NYSE:TFII) last issued its quarterly earnings data on Wednesday, February 19th. The company reported $1.19 earnings per share for the quarter, missing analysts’ consensus estimates of $1.59 by ($0.40). TFI International had a net margin of 5.08% and a return on equity of 18.40%. The company had revenue of $2.08 billion for the quarter, compared to the consensus estimate of $1.54 billion. Research analysts predict that TFI International will post 7.76 earnings per share for the current fiscal year.

Institutional Trading of TFI International

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Brown Brothers Harriman & Co. boosted its stake in shares of TFI International by 124.8% in the fourth quarter. Brown Brothers Harriman & Co. now owns 236 shares of the company’s stock worth $32,000 after acquiring an additional 131 shares during the last quarter. CIBC Private Wealth Group LLC boosted its stake in shares of TFI International by 40.5% in the fourth quarter. CIBC Private Wealth Group LLC now owns 555 shares of the company’s stock worth $74,000 after acquiring an additional 160 shares during the last quarter. Plato Investment Management Ltd acquired a new stake in shares of TFI International in the third quarter worth approximately $134,000. Entropy Technologies LP acquired a new stake in shares of TFI International in the third quarter worth approximately $643,000. Finally, Legato Capital Management LLC boosted its stake in shares of TFI International by 8.9% in the fourth quarter. Legato Capital Management LLC now owns 10,468 shares of the company’s stock worth $1,414,000 after acquiring an additional 859 shares during the last quarter. 73.30% of the stock is currently 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.