TFI International (NYSE:TFII) Stock Gets Price Target Cut from Scotia

TFI International (NYSE:TFII) had its price target trimmed by Scotia from $168.00 to $138.00 in a report released on Monday morning,BayStreet reports. The firm currently has a sector outperform rating on the stock.

Several other research firms have also weighed in on TFII. TD Cowen dropped their price objective on shares of TFI International from $158.00 to $119.00 and set a “buy” rating for the company in a report on Monday. Weiss Ratings reiterated a “hold (c)” rating on shares of TFI International in a research note on Monday, September 21st. The Goldman Sachs Group reduced their target price on TFI International from $178.00 to $155.00 and set a “buy” rating on the stock in a report on Monday. Desjardins set a $170.00 target price on TFI International and gave the stock a “buy” rating in a report on Monday. Finally, Susquehanna decreased their price target on TFI International from $185.00 to $164.00 and set a “positive” rating on the stock in a research report on Friday, October 2nd. Sixteen equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $145.32.

TFI International Trading Up 4.1%

Shares of TFII opened at $100.19 on Monday. TFI International has a 1 year low of $80.63 and a 1 year high of $167.69. The company has a current ratio of 1.11, a quick ratio of 1.10 and a debt-to-equity ratio of 0.79. The stock has a 50 day simple moving average of $119.90 and a 200-day simple moving average of $129.04. The stock has a market cap of $8.20 billion, a PE ratio of 23.14, a PEG ratio of 0.76 and a beta of 1.67.

TFI International (NYSE:TFII) last posted its earnings results on Thursday, October 29th. The company reported $1.67 EPS for the quarter, missing the consensus estimate of $1.75 by ($0.08). TFI International had a return on equity of 16.05% and a net margin of 4.26%. The company had revenue of $2.23 billion for the quarter, compared to the consensus estimate of $2.23 billion. On average, sell-side analysts predict that TFI International will post 5.62 EPS for the current fiscal year.

Institutional Trading of TFI International

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Caisse de depot et placement du Quebec acquired a new position in TFI International during the 2nd quarter valued at about $910,995,000. Jupiter Topco LLC acquired a new stake in shares of TFI International during the 2nd quarter worth approximately $515,259,000. Maple Rock Capital Partners Inc. grew its position in shares of TFI International by 4.2% during the 2nd quarter. Maple Rock Capital Partners Inc. now owns 1,418,409 shares of the company’s stock worth $203,641,000 after buying an additional 56,578 shares during the period. The Manufacturers Life Insurance Company acquired a new stake in shares of TFI International during the 2nd quarter worth approximately $189,264,000. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of TFI International during the 2nd quarter worth approximately $136,656,000. 73.30% of the stock is owned by institutional investors.

More TFI International News

Here are the key news stories impacting TFI International this week:

• Positive Sentiment: Directors buying shares can indicate confidence in the company’s outlook and may provide a supportive signal to investors. Directors buying at TFI International (TFII)
• Neutral Sentiment: Veritas began coverage with a Hold rating, indicating a wait-and-see stance rather than a clear endorsement or bearish call. Veritas stock recommendations
• Negative Sentiment: Multiple firms—including TD Cowen, Stephens, Citigroup, RBC Dominion Securities, and Canadian Imperial Bank of Commerce—cut their expectations or price targets for TFI International. The cluster of downward revisions may weigh on sentiment, although the headlines do not specify the new targets or analysts’ reasoning. TD Cowen lowers expectations Stephens lowers expectations Citigroup lowers expectations RBC Dominion Securities lowers expectations CIBC cuts price target Royal Bank of Canada lowers expectations
• Negative Sentiment: A Seeking Alpha analysis characterizes TFI as having “two good businesses” and “a broken one,” raising concerns about uneven performance across its operations. The headline alone does not provide details of the analysis. TFI International: Two Good Businesses…And A Broken One

About TFI International

TFI International Inc is a North American transportation and logistics company headquartered in Saint-Laurent, Quebec. The company provides a broad range of freight and supply chain services through a network of operating companies in Canada and the United States.

Its business activities include package and courier delivery, less-than-truckload and truckload transportation, freight brokerage, logistics, warehousing, and specialized services. TFI International also serves niche transportation markets, including waste management, environmental services, and other specialized freight requirements.

The company traces its origins to 1957 and has expanded through organic growth and acquisitions.