TFI International (TSE:TFII) Sets New 52-Week High – Should You Buy?

Shares of TFI International Inc. (TSE:TFII) reached a new 52-week high during trading on Monday . The stock traded as high as C$225.02 and last traded at C$223.98, with a volume of 12029 shares trading hands. The stock had previously closed at C$222.37.

Wall Street Analyst Weigh In

TFII has been the subject of several analyst reports. Citigroup lifted their price objective on shares of TFI International from C$143.00 to C$144.00 and gave the stock a “buy” rating in a research note on Tuesday, April 7th. Desjardins increased their target price on shares of TFI International from C$183.00 to C$221.00 and gave the stock a “buy” rating in a research report on Tuesday, April 28th. National Bank Financial lifted their price target on shares of TFI International from C$190.00 to C$208.00 and gave the company an “outperform” rating in a research report on Tuesday, April 28th. Finally, Scotiabank boosted their price target on TFI International from C$170.00 to C$200.00 in a research note on Tuesday, April 28th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, TFI International presently has an average rating of “Moderate Buy” and a consensus target price of C$177.20.

TFI International Stock Performance

The firm has a market cap of C$18.60 billion, a price-to-earnings ratio of 63.05, a P/E/G ratio of 1.01 and a beta of 1.75. The stock has a 50 day moving average of C$185.93 and a 200 day moving average of C$160.72. The company has a quick ratio of 1.18, a current ratio of 1.07 and a debt-to-equity ratio of 119.57.

TFI International (TSE:TFII) last announced its quarterly earnings data on Monday, April 27th. The company reported C$0.96 earnings per share (EPS) for the quarter. TFI International had a net margin of 3.79% and a return on equity of 11.18%. The firm had revenue of C$2.71 billion for the quarter. As a group, analysts anticipate that TFI International Inc. will post 12.2345048 EPS for the current fiscal year.

TFI International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 15th were issued a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Tuesday, March 31st. TFI International’s dividend payout ratio is 51.25%.

Insider Activity

In other TFI International news, Director Diane Giard bought 2,000 shares of the business’s stock in a transaction on Wednesday, May 13th. The stock was purchased at an average cost of C$183.86 per share, for a total transaction of C$367,720.00. Following the completion of the purchase, the director directly owned 13,593 shares of the company’s stock, valued at approximately C$2,499,208.98. This trade represents a 17.25% increase in their ownership of the stock. Also, Director Alain Bédard sold 13,500 shares of the firm’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of C$206.50, for a total value of C$2,787,750.00. Following the completion of the sale, the director directly owned 200,009 shares in the company, valued at approximately C$41,301,858.50. This represents a 6.32% decrease in their position. Over the last quarter, insiders have sold 30,800 shares of company stock worth $6,306,627. Insiders own 5.97% of the company’s stock.

About TFI International

TFI International Inc is a North American leader in the transportation and logistics industry, operating across the United States,Canada and Mexico through its subsidiaries. TFI International creates value for shareholders by identifying strategic acquisitions and managing a growing network of wholly-owned operating subsidiaries. Under the TFI International umbrella, companies benefit from financial and operational resources to build their businesses and increase their efficiency. TFI International companies service the following segments: Less-Than-Truckload; Truckload; Logistics.