Stifel Nicolaus Boosts TFI International (NYSE:TFII) Price Target to $147.00

TFI International (NYSE:TFII) had its price objective boosted by equities researchers at Stifel Nicolaus from $139.00 to $147.00 in a report released on Thursday,Benzinga reports. The firm currently has a “hold” rating on the stock. Stifel Nicolaus’ price objective would indicate a potential upside of 8.36% from the stock’s current price.

A number of other research analysts have also issued reports on TFII. Stephens reissued an “equal weight” rating and set a $149.00 target price (down from $176.00) on shares of TFI International in a research note on Tuesday, October 1st. Royal Bank of Canada lowered their price target on TFI International from $167.00 to $160.00 and set an “outperform” rating on the stock in a report on Wednesday, October 23rd. Citigroup boosted their price target on shares of TFI International from $158.00 to $170.00 and gave the stock a “buy” rating in a research report on Tuesday, November 12th. National Bankshares lowered their price target on TFI International from $209.00 to $198.00 and set a “sector perform” rating on the stock in a research report on Wednesday, October 23rd. Finally, Susquehanna reduced their price objective on shares of TFI International from $180.00 to $170.00 and set a “positive” rating for the company in a research report on Wednesday, October 23rd. Six equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $169.50.

TFI International Stock Performance

Shares of NYSE TFII traded up $0.80 during midday trading on Thursday, hitting $135.66. The company’s stock had a trading volume of 45,948 shares, compared to its average volume of 172,866. The firm has a market cap of $11.45 billion, a P/E ratio of 24.67, a P/E/G ratio of 1.53 and a beta of 1.58. TFI International has a 1-year low of $126.00 and a 1-year high of $162.13. The firm’s fifty day moving average price is $142.69 and its 200-day moving average price is $143.76. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.96 and a current ratio of 0.98.

TFI International (NYSE:TFII) last announced its quarterly earnings results on Monday, October 21st. The company reported $1.60 earnings per share for the quarter, missing analysts’ consensus estimates of $1.79 by ($0.19). TFI International had a return on equity of 20.25% and a net margin of 5.67%. The company had revenue of $2.18 billion for the quarter, compared to analyst estimates of $2.28 billion. During the same quarter in the previous year, the company posted $1.57 earnings per share. On average, sell-side analysts forecast that TFI International will post 5.94 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Plato Investment Management Ltd acquired a new stake in shares of TFI International in the third quarter worth $134,000. Dixon Mitchell Investment Counsel Inc. lifted its holdings in shares of TFI International by 0.4% during the third quarter. Dixon Mitchell Investment Counsel Inc. now owns 539,815 shares of the company’s stock worth $74,242,000 after buying an additional 1,980 shares during the last quarter. Entropy Technologies LP bought a new stake in shares of TFI International in the third quarter valued at approximately $643,000. Toronto Dominion Bank increased its position in TFI International by 17.4% during the second quarter. Toronto Dominion Bank now owns 43,602 shares of the company’s stock worth $6,329,000 after acquiring an additional 6,475 shares during the period. Finally, Canoe Financial LP acquired a new position in TFI International during the 4th quarter valued at $1,853,000. Institutional investors and hedge funds own 73.30% of the company’s stock.

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.