TFI International (NYSE:TFII) Cut to Buy at Wall Street Zen

Wall Street Zen cut shares of TFI International (NYSE:TFII) from a strong-buy rating to a buy rating in a research note issued to investors on Saturday,Wall Street Zen reports.

A number of other equities analysts also recently commented on TFII. Scotiabank reaffirmed an “outperform” rating on shares of TFI International in a report on Tuesday, July 28th. Stephens boosted their target price on shares of TFI International from $195.00 to $205.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. Canadian Imperial Bank of Commerce dropped their target price on shares of TFI International from $175.00 to $158.00 and set an “outperformer” rating on the stock in a report on Monday, October 5th. BMO Capital Markets reissued a “market perform” rating on shares of TFI International in a report on Wednesday, October 7th. Finally, TD Cowen raised their price target on shares of TFI International from $154.00 to $158.00 and gave the stock a “buy” rating in a research report on Tuesday, July 28th. Fourteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, TFI International has an average rating of “Moderate Buy” and an average target price of $167.94.

TFI International Price Performance

Shares of TFII opened at $112.74 on Friday. The firm has a market cap of $9.27 billion, a price-to-earnings ratio of 27.70, a PEG ratio of 0.71 and a beta of 1.63. The stock has a 50 day moving average of $130.70 and a 200-day moving average of $136.98. The company has a current ratio of 1.09, a quick ratio of 1.08 and a debt-to-equity ratio of 0.83. TFI International has a 52 week low of $80.63 and a 52 week high of $167.69.

TFI International (NYSE:TFII) last issued its quarterly earnings results on Monday, July 27th. The company reported $1.85 earnings per share for the quarter, beating analysts’ consensus estimates of $1.59 by $0.26. The business had revenue of $2.29 billion during the quarter, compared to the consensus estimate of $2.23 billion. TFI International had a return on equity of 14.87% and a net margin of 4.14%. TFI International has set its Q3 2026 guidance at 1.700-1.800 EPS. As a group, analysts forecast that TFI International will post 6.02 EPS for the current year.

TFI International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be paid a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date is Wednesday, September 30th. TFI International’s dividend payout ratio is presently 46.19%.

Institutional Investors Weigh In On TFI International

Several large investors have recently added to or reduced their stakes in TFII. Engineers Gate Manager LP acquired a new position in shares of TFI International during the second quarter worth approximately $3,813,000. Cidel Asset Management Inc. increased its position in TFI International by 2.1% in the 2nd quarter. Cidel Asset Management Inc. now owns 49,098 shares of the company’s stock valued at $7,065,000 after acquiring an additional 1,020 shares during the period. Baird Financial Group Inc. acquired a new stake in TFI International in the 2nd quarter valued at approximately $20,261,000. Nykredit A S acquired a new stake in TFI International in the 2nd quarter valued at approximately $2,125,000. Finally, Amundi raised its stake in TFI International by 2.6% during the 2nd quarter. Amundi now owns 70,051 shares of the company’s stock valued at $10,057,000 after acquiring an additional 1,798 shares in the last quarter. 73.30% of the stock is owned by institutional investors and hedge funds.

TFI International Company Profile

TFI International Inc is a transportation and logistics company headquartered in Saint-Laurent, Quebec. Through its operating companies, TFI International provides freight transportation, logistics and related services across North America, with operations serving Canada, the United States and Mexico.

The company’s principal activities include less-than-truckload and truckload transportation, package and courier delivery, last-mile services, specialized transportation and logistics. Its specialized operations support industries and customers requiring services such as expedited delivery, freight brokerage, final-mile distribution, household moving and handling of specialized or regulated cargo.

TFI International traces its roots to 1957 and was previously known as TransForce Inc The company adopted the TFI International name in 2016 as part of a broader effort to reflect the scope of its transportation and logistics operations.