Desjardins Forecasts Lower Earnings for TFI International

TFI International Inc. (NYSE:TFII) – Equities researchers at Desjardins reduced their FY2025 earnings per share estimates for TFI International in a note issued to investors on Sunday, November 2nd. Desjardins analyst B. Poirier now anticipates that the company will earn $4.26 per share for the year, down from their previous forecast of $4.53. The consensus estimate for TFI International’s current full-year earnings is $7.76 per share. Desjardins also issued estimates for TFI International’s FY2027 earnings at $7.09 EPS.

TFI International (NYSE:TFII) last posted its quarterly earnings data on Thursday, October 30th. The company reported $1.20 EPS for the quarter, topping analysts’ consensus estimates of $1.19 by $0.01. TFI International had a return on equity of 14.20% and a net margin of 4.06%.The firm had revenue of $1.97 billion during the quarter, compared to analysts’ expectations of $1.49 billion.

A number of other research firms have also weighed in on TFII. Royal Bank Of Canada cut their price objective on shares of TFI International from $106.00 to $102.00 and set an “outperform” rating for the company in a research report on Monday. Morgan Stanley lowered their target price on shares of TFI International from $160.00 to $158.00 and set an “overweight” rating for the company in a research note on Monday, October 6th. UBS Group boosted their price target on TFI International from $90.00 to $102.00 and gave the company a “neutral” rating in a report on Friday, October 3rd. Stifel Nicolaus decreased their price objective on TFI International from $96.00 to $94.00 and set a “hold” rating on the stock in a report on Tuesday, October 28th. Finally, CIBC lifted their price objective on TFI International from $109.00 to $112.00 and gave the company an “outperform” rating in a research report on Monday. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $111.33.

TFI International Price Performance

NYSE:TFII opened at $89.38 on Tuesday. TFI International has a 12-month low of $72.02 and a 12-month high of $155.12. The firm has a market cap of $7.36 billion, a price-to-earnings ratio of 23.04, a price-to-earnings-growth ratio of 3.25 and a beta of 1.48. The company’s 50-day moving average is $92.18 and its two-hundred day moving average is $89.46. The company has a current ratio of 1.06, a quick ratio of 1.05 and a debt-to-equity ratio of 0.88.

Institutional Investors Weigh In On TFI International

Institutional investors have recently bought and sold shares of the business. Dixon Mitchell Investment Counsel Inc. increased its position in shares of TFI International by 44.4% in the second quarter. Dixon Mitchell Investment Counsel Inc. now owns 818,334 shares of the company’s stock worth $73,714,000 after acquiring an additional 251,444 shares in the last quarter. Argent Capital Management LLC lifted its holdings in shares of TFI International by 303.4% during the 2nd quarter. Argent Capital Management LLC now owns 142,864 shares of the company’s stock valued at $12,811,000 after acquiring an additional 107,451 shares in the last quarter. Geode Capital Management LLC boosted its position in TFI International by 19.1% during the 2nd quarter. Geode Capital Management LLC now owns 632,426 shares of the company’s stock worth $57,214,000 after purchasing an additional 101,218 shares during the period. QV Investors Inc. boosted its position in TFI International by 25.1% during the 3rd quarter. QV Investors Inc. now owns 441,478 shares of the company’s stock worth $38,862,000 after purchasing an additional 88,697 shares during the period. Finally, Quantbot Technologies LP increased its holdings in TFI International by 877.9% in the 1st quarter. Quantbot Technologies LP now owns 78,466 shares of the company’s stock valued at $6,077,000 after purchasing an additional 70,442 shares in the last quarter. 73.30% of the stock is currently owned by hedge funds and other institutional investors.

TFI International Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Wednesday, December 31st will be issued a $0.47 dividend. The ex-dividend date is Wednesday, December 31st. This is a positive change from TFI International’s previous quarterly dividend of $0.45. This represents a $1.88 annualized dividend and a yield of 2.1%. TFI International’s payout ratio is 46.39%.

About TFI International

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.