TFI International Inc. (TSE:TFII) Director Acquires C$52,390.60 in Stock

TFI International Inc. (TSE:TFII) Director Leslie Abi-Karam acquired 340 shares of the business’s stock in a transaction dated Monday, July 29th. The stock was purchased at an average price of C$154.09 per share, for a total transaction of C$52,390.60.

TFI International Price Performance

Shares of TSE TFII opened at C$214.91 on Thursday. The business has a 50 day moving average price of C$196.87 and a two-hundred day moving average price of C$196.25. TFI International Inc. has a fifty-two week low of C$144.42 and a fifty-two week high of C$220.93. The firm has a market cap of C$18.17 billion, a PE ratio of 27.95, a price-to-earnings-growth ratio of 1.01 and a beta of 1.44. The company has a quick ratio of 1.18, a current ratio of 1.66 and a debt-to-equity ratio of 113.80.

TFI International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, July 15th. Investors of record on Monday, July 15th were paid a $0.40 dividend. The ex-dividend date of this dividend was Friday, June 28th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.74%. TFI International’s dividend payout ratio (DPR) is presently 28.61%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on TFII. CIBC cut their price target on shares of TFI International from C$175.00 to C$172.00 and set an “outperform” rating on the stock in a report on Monday, April 29th. National Bankshares lowered shares of TFI International from an “outperform” rating to a “sector perform” rating and lifted their target price for the company from C$217.00 to C$221.00 in a report on Monday. Cormark increased their price target on TFI International from C$230.00 to C$240.00 in a report on Monday. Scotiabank boosted their price objective on TFI International from C$245.00 to C$250.00 and gave the stock an “outperform” rating in a research note on Monday. Finally, Royal Bank of Canada increased their target price on TFI International from C$155.00 to C$173.00 and gave the company an “outperform” rating in a research note on Tuesday, April 16th. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, TFI International currently has an average rating of “Moderate Buy” and an average price target of C$194.38.

TFI International Company Profile

TFI International Inc, together with its subsidiaries, provides transportation and logistics services in the United States and Canada. The company operates through Package and Courier, Less-Than-Truckload (LTL), Truckload (TL), and Logistics segments. The Package and Courier segment engages in the pickup, transport, and delivery of items in North America.