TFI International (TSE:TFII) Price Target Raised to C$170.00 at Scotiabank

TFI International (TSE:TFII) had its price target hoisted by Scotiabank from C$165.00 to C$170.00 in a report published on Thursday morning,BayStreet.CA reports. They currently have a sector perform rating on the stock.

Several other equities research analysts have also recently issued reports on TFII. Desjardins raised their price objective on TFI International from C$173.00 to C$183.00 and gave the stock a “buy” rating in a report on Thursday, February 19th. National Bank Financial upped their target price on TFI International from C$145.00 to C$170.00 and gave the company an “outperform” rating in a research note on Friday, January 9th. Citigroup upped their target price on TFI International from C$143.00 to C$144.00 and gave the company a “buy” rating in a research note on Tuesday. Finally, Stifel Nicolaus upped their target price on TFI International from C$100.00 to C$113.00 in a research note on Wednesday, January 21st. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of C$156.00.

TFI International Stock Performance

TSE TFII opened at C$171.10 on Thursday. TFI International has a fifty-two week low of C$103.29 and a fifty-two week high of C$172.53. The stock has a market cap of C$14.06 billion, a price-to-earnings ratio of 45.99, a price-to-earnings-growth ratio of 1.01 and a beta of 1.36. The business has a fifty day moving average of C$155.16 and a 200-day moving average of C$141.52. The company has a quick ratio of 1.18, a current ratio of 1.03 and a debt-to-equity ratio of 138.05.

TFI International (TSE:TFII) last released its quarterly earnings results on Tuesday, February 17th. The company reported C$1.50 earnings per share for the quarter. TFI International had a return on equity of 11.65% and a net margin of 3.92%.The company had revenue of C$2.51 billion during the quarter. As a group, analysts predict that TFI International will post 12.2345048 earnings per share for the current fiscal year.

TFI International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Wednesday, April 15th will be paid a $0.47 dividend. This represents a $1.88 annualized dividend and a yield of 1.1%. The ex-dividend date is Tuesday, March 31st. TFI International’s dividend payout ratio is presently 48.92%.

TFI International Company Profile

TFI International Inc is a transportation and logistics company domiciled in Canada. The company organises itself into four segments: package and courier, less-than-truckload, truckload, and logistics. The package and courier segment picks up, transports, and delivers items across North America. The less-than-truckload segment transports smaller loads. The truckload segment transports goods by flatbed trucks, containers, or a more specialised service. The company provides general logistics services through the logistics segment.