TFI International (TSE:TFII) Price Target Raised to C$144.00

TFI International (TSE:TFII) had its price objective raised by Citigroup from C$143.00 to C$144.00 in a research note released on Tuesday morning,BayStreet.CA reports. Citigroup currently has a buy rating on the stock.

Several other analysts also recently issued reports on TFII. Stifel Nicolaus raised their price target on TFI International from C$100.00 to C$113.00 in a report on Wednesday, January 21st. Desjardins raised their price target 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. Scotiabank raised their price target on TFI International from C$140.00 to C$170.00 and gave the stock a “sector perform” rating in a report on Wednesday, January 21st. Finally, National Bank Financial raised their target price on TFI International from C$145.00 to C$170.00 and gave the company an “outperform” rating in a research report on Friday, January 9th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, TFI International presently has a consensus rating of “Moderate Buy” and an average target price of C$156.00.

TFI International Trading Up 2.5%

Shares of TSE TFII opened at C$171.10 on Tuesday. The company 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. TFI International has a 12-month low of C$103.29 and a 12-month high of C$172.53. The company has a current ratio of 1.03, a quick ratio of 1.18 and a debt-to-equity ratio of 138.05. The stock’s 50 day simple moving average is C$155.16 and its 200 day simple moving average is C$141.52.

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

TFI International Dividend Announcement

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

About TFI International

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.