TFI International (NYSE:TFII) Upgraded at National Bank Financial

TFI International (NYSE:TFII) was upgraded by analysts at National Bank Financial from a “hold” rating to a “strong-buy” rating in a note issued to investors on Thursday,Zacks.com reports.

A number of other equities analysts have also weighed in on the stock. UBS Group lowered shares of TFI International from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $163.00 to $107.00 in a research note on Friday, February 21st. Royal Bank of Canada reduced their price objective on TFI International from $156.00 to $127.00 and set an “outperform” rating for the company in a research report on Friday, February 21st. Veritas raised TFI International from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 18th. Bank of America downgraded TFI International from a “neutral” rating to an “underperform” rating in a research report on Thursday, February 20th. Finally, TD Cowen decreased their price target on shares of TFI International from $135.00 to $128.00 and set a “buy” rating for the company in a research note on Friday, March 28th. One analyst has rated the stock with a sell rating, four have assigned a hold rating, eight have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, TFI International presently has an average rating of “Moderate Buy” and a consensus target price of $143.71.

TFI International Stock Up 4.7 %

Shares of TFI International stock opened at $79.40 on Thursday. The company has a market capitalization of $6.68 billion, a P/E ratio of 15.88, a price-to-earnings-growth ratio of 1.11 and a beta of 1.57. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.03 and a quick ratio of 0.96. The business has a 50-day moving average of $101.28 and a two-hundred day moving average of $127.28. TFI International has a 1 year low of $72.02 and a 1 year high of $162.13.

TFI International (NYSE:TFII) last posted its earnings results 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 return on equity of 18.40% and a net margin of 5.08%. The business had revenue of $2.08 billion for the quarter, compared to the consensus estimate of $1.54 billion. As a group, equities analysts predict that TFI International will post 7.76 EPS for the current year.

Institutional Trading of TFI International

A number of hedge funds have recently made changes to their positions in TFII. Baillie Gifford & Co. bought a new stake in TFI International in the 4th quarter valued at $148,623,000. Geode Capital Management LLC increased its holdings in shares of TFI International by 31.5% in the fourth quarter. Geode Capital Management LLC now owns 469,263 shares of the company’s stock valued at $64,345,000 after purchasing an additional 112,455 shares during the last quarter. CDAM UK Ltd raised its position in shares of TFI International by 2.5% in the fourth quarter. CDAM UK Ltd now owns 381,102 shares of the company’s stock valued at $51,483,000 after purchasing an additional 9,200 shares during the period. Amundi lifted its stake in shares of TFI International by 2.4% during the 4th quarter. Amundi now owns 181,202 shares of the company’s stock worth $24,134,000 after buying an additional 4,266 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in shares of TFI International by 6.4% during the 4th quarter. Bank of New York Mellon Corp now owns 78,621 shares of the company’s stock worth $10,621,000 after buying an additional 4,763 shares during the period. 73.30% of the stock is owned by institutional investors and hedge funds.

TFI International Company Profile

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.