Insider Selling: TFI International (TSE:TFII) Director Sells 11,700 Shares of Stock

TFI International Inc. (TSE:TFII) Director Alain Bédard sold 11,700 shares of the business’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of C$197.31, for a total transaction of C$2,308,527.00. Following the sale, the director directly owned 213,509 shares in the company, valued at C$42,127,460.79. The trade was a 5.20% decrease in their position.

TFI International Stock Performance

Shares of TFI International stock traded up C$11.58 during trading hours on Thursday, reaching C$195.19. The company had a trading volume of 234,561 shares, compared to its average volume of 231,089. The firm has a market cap of C$16.04 billion, a PE ratio of 54.37, a price-to-earnings-growth ratio of 1.01 and a beta of 1.49. TFI International Inc. has a one year low of C$113.72 and a one year high of C$203.93. The company has a debt-to-equity ratio of 119.57, a current ratio of 1.07 and a quick ratio of 1.18. The business has a fifty day simple moving average of C$165.04 and a 200 day simple moving average of C$150.55.

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

TFI International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Wednesday, April 15th were given a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Tuesday, March 31st. TFI International’s dividend payout ratio (DPR) is 51.25%.

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. Citigroup raised their price target on TFI International from C$143.00 to C$144.00 and gave the company a “buy” rating in a report on Tuesday, April 7th. Scotiabank boosted their price target on shares of TFI International from C$170.00 to C$200.00 in a research note on Tuesday, April 28th. National Bank Financial raised their price objective 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. Desjardins lifted their price objective on shares of TFI International from C$183.00 to C$221.00 and gave the stock a “buy” rating in a report on Tuesday, April 28th. Finally, Stifel Nicolaus increased their target price on TFI International from C$100.00 to C$113.00 in a research note on Wednesday, January 21st. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of C$177.20.

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.