TFI International Inc. (NYSE:TFII – Get Free Report) was the recipient of a large decline in short interest in February. As of February 28th, there was short interest totalling 840,400 shares, a decline of 20.7% from the February 13th total of 1,060,000 shares. Based on an average daily volume of 368,000 shares, the short-interest ratio is presently 2.3 days. Currently, 1.1% of the shares of the stock are sold short.
Analyst Ratings Changes
Several research analysts have recently weighed in on the company. Desjardins raised TFI International from a “hold” rating to a “buy” rating in a research note on Monday, December 9th. Stephens reduced their price objective on shares of TFI International from $138.00 to $110.00 and set an “equal weight” rating for the company in a research report on Tuesday, February 25th. UBS Group lowered shares of TFI International from a “buy” rating to a “neutral” rating and dropped their target price for the company from $163.00 to $107.00 in a research report on Friday, February 21st. Susquehanna reduced their price target on shares of TFI International from $170.00 to $135.00 and set a “positive” rating for the company in a research report on Monday, March 3rd. Finally, Veritas cut TFI International from a “strong-buy” rating to a “hold” rating in a report on Friday, February 21st. One research analyst has rated the stock with a sell rating, six have given a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, TFI International presently has a consensus rating of “Hold” and a consensus target price of $148.93.
Read Our Latest Analysis on TFI International
Institutional Investors Weigh In On TFI International
TFI International Stock Up 0.8 %
Shares of NYSE:TFII opened at $82.52 on Monday. TFI International has a 52-week low of $80.19 and a 52-week high of $162.13. The stock has a market cap of $6.95 billion, a P/E ratio of 16.50, a PEG ratio of 1.11 and a beta of 1.62. The business has a fifty day moving average of $117.33 and a two-hundred day moving average of $133.68. The company has a quick ratio of 0.96, a current ratio of 1.03 and a debt-to-equity ratio of 0.86.
TFI International (NYSE:TFII – Get Free Report) last announced its quarterly earnings data on Wednesday, February 19th. The company reported $1.19 earnings per share (EPS) 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 firm had revenue of $2.08 billion during the quarter, compared to analysts’ expectations of $1.54 billion. On average, research analysts expect that TFI International will post 7.76 earnings per share for the current year.
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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