TFI International (NYSE:TFII – Get Free Report) had its price objective lowered by research analysts at National Bank Financial from $161.00 to $148.00 in a report released on Tuesday, BayStreet reports. The firm currently has an “outperform” rating on the stock. National Bank Financial’s target price indicates a potential upside of 29.74% from the stock’s current price.
TFII has been the subject of a number of other research reports. Scotiabank reaffirmed an “outperform” rating on shares of TFI International in a research note on Tuesday, July 28th. Bank of America upped their price objective on TFI International from $178.00 to $187.00 and gave the stock a “buy” rating in a research report on Tuesday, July 28th. The Goldman Sachs Group boosted their target price on shares of TFI International from $145.00 to $168.00 and gave the stock a “buy” rating in a research note on Tuesday, June 23rd. Stephens raised their price objective on shares of TFI International from $195.00 to $205.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Finally, Stifel Nicolaus increased their price objective on TFI International from $150.00 to $160.00 and gave the company a “hold” rating in a report on Tuesday, July 28th. Fourteen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $170.94.
Read Our Latest Analysis on TFI International
TFI International Stock Performance
TFI International (NYSE:TFII – Get Free Report) last announced its earnings results on Monday, July 27th. The company reported $1.85 EPS for the quarter, topping the consensus estimate of $1.59 by $0.26. TFI International had a net margin of 4.14% and a return on equity of 14.87%. The company had revenue of $2.29 billion for the quarter, compared to analysts’ expectations of $2.23 billion. TFI International has set its Q3 2026 guidance at 1.700-1.800 EPS. As a group, sell-side analysts predict that TFI International will post 6.06 earnings per share for the current year.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the stock. Caisse de depot et placement du Quebec bought a new position in shares of TFI International during the 2nd quarter worth about $910,995,000. Jupiter Topco LLC bought a new position in TFI International in the second quarter worth approximately $515,259,000. Maple Rock Capital Partners Inc. grew its stake in TFI International by 4.2% in the second quarter. Maple Rock Capital Partners Inc. now owns 1,418,409 shares of the company’s stock valued at $203,641,000 after acquiring an additional 56,578 shares during the period. The Manufacturers Life Insurance Company acquired a new stake in TFI International in the second quarter valued at approximately $189,264,000. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of TFI International during the second quarter valued at approximately $136,656,000. 73.30% of the stock is owned by institutional investors.
TFI International Company Profile
TFI International Inc is a transportation and logistics company headquartered in Saint-Laurent, Quebec. Through its operating companies, TFI International provides freight transportation, logistics and related services across North America, with operations serving Canada, the United States and Mexico.
The company’s principal activities include less-than-truckload and truckload transportation, package and courier delivery, last-mile services, specialized transportation and logistics. Its specialized operations support industries and customers requiring services such as expedited delivery, freight brokerage, final-mile distribution, household moving and handling of specialized or regulated cargo.
TFI International traces its roots to 1957 and was previously known as TransForce Inc The company adopted the TFI International name in 2016 as part of a broader effort to reflect the scope of its transportation and logistics operations.
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