Stifel Nicolaus Cuts TFI International (NYSE:TFII) Price Target to $139.00

TFI International (NYSE:TFII) had its target price cut by equities research analysts at Stifel Nicolaus from $142.00 to $139.00 in a note issued to investors on Wednesday,Benzinga reports. The firm currently has a “hold” rating on the stock. Stifel Nicolaus’ target price indicates a potential upside of 2.53% from the stock’s previous close.

TFII has been the topic of a number of other research reports. CIBC increased their target price on TFI International from $166.00 to $176.00 and gave the company an “outperformer” rating in a report on Wednesday, December 4th. National Bankshares lowered their price objective on shares of TFI International from $209.00 to $198.00 and set a “sector perform” rating on the stock in a research note on Wednesday, October 23rd. Citigroup upped their target price on shares of TFI International from $158.00 to $170.00 and gave the company a “buy” rating in a report on Tuesday, November 12th. Stephens reiterated an “equal weight” rating and issued a $149.00 price target (down from $176.00) on shares of TFI International in a research report on Tuesday, October 1st. Finally, TD Securities cut their price objective on shares of TFI International from $180.00 to $171.00 and set a “buy” rating for the company in a research report on Wednesday, October 23rd. Six research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $169.00.

TFI International Stock Performance

Shares of TFII stock traded up $0.12 during trading hours on Wednesday, reaching $135.57. The company had a trading volume of 71,078 shares, compared to its average volume of 191,287. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.96 and a current ratio of 0.98. The business has a fifty day moving average price of $144.19 and a 200-day moving average price of $144.23. TFI International has a one year low of $126.00 and a one year high of $162.13. The firm has a market cap of $11.44 billion, a PE ratio of 24.65, a price-to-earnings-growth ratio of 1.97 and a beta of 1.58.

TFI International (NYSE:TFII) last posted its earnings results on Monday, October 21st. The company reported $1.60 EPS for the quarter, missing analysts’ consensus estimates of $1.79 by ($0.19). The company had revenue of $2.18 billion during the quarter, compared to the consensus estimate of $2.28 billion. TFI International had a return on equity of 20.25% and a net margin of 5.67%. During the same period last year, the firm posted $1.57 EPS. Sell-side analysts predict that TFI International will post 6.26 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Plato Investment Management Ltd purchased a new position in shares of TFI International in the third quarter worth $134,000. Entropy Technologies LP bought a new stake in TFI International in the 3rd quarter valued at $643,000. Canoe Financial LP bought a new position in shares of TFI International during the 4th quarter valued at about $1,853,000. Public Employees Retirement System of Ohio bought a new position in shares of TFI International during the 3rd quarter valued at about $2,373,000. Finally, Quantbot Technologies LP grew its position in shares of TFI International by 295.1% during the third quarter. Quantbot Technologies LP now owns 21,484 shares of the company’s stock valued at $2,941,000 after purchasing an additional 16,047 shares in the last quarter. 73.30% of the stock is currently owned by institutional investors.

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.