TFI International (TSE:TFII) Director Alain Bédard Sells 13,500 Shares

TFI International Inc. (TSE:TFII) Director Alain Bédard sold 13,500 shares of the firm’s stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of C$206.50, for a total value of C$2,787,750.00. Following the completion of the transaction, the director owned 200,009 shares in the company, valued at approximately C$41,301,858.50. This trade represents a 6.32% decrease in their position.

Alain Bédard also recently made the following trade(s):

• On Thursday, May 14th, Alain Bédard sold 11,700 shares of TFI International stock. The stock was sold at an average price of C$197.31, for a total value of C$2,308,527.00.

TFI International Trading Up 0.3%

TFI International stock traded up C$0.69 during trading on Thursday, reaching C$210.42. 157,151 shares of the company were exchanged, compared to its average volume of 227,287. TFI International Inc. has a 52-week low of C$113.72 and a 52-week high of C$213.12. The company has a market capitalization of C$17.29 billion, a P/E ratio of 58.61, a PEG ratio of 1.01 and a beta of 1.49. 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 stock’s 50 day simple moving average is C$175.09 and its two-hundred day simple moving average is C$155.92.

TFI International (TSE:TFII) last announced its quarterly earnings data on Monday, April 27th. The company reported C$0.96 EPS for the quarter. The firm 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, equities research analysts expect that TFI International Inc. will post 12.2345048 earnings per share for the current fiscal year.

TFI International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 15th were paid a dividend of $0.47 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $1.88 annualized dividend and a yield of 0.9%. TFI International’s dividend payout ratio (DPR) is 51.25%.

Analyst Upgrades and Downgrades

TFII has been the subject of several recent analyst reports. National Bank Financial raised their target price on TFI International from C$190.00 to C$208.00 and gave the stock an “outperform” rating in a research note on Tuesday, April 28th. Desjardins raised their target price on TFI International from C$183.00 to C$221.00 and gave the stock a “buy” rating in a research note on Tuesday, April 28th. Scotiabank lifted their price objective on TFI International from C$170.00 to C$200.00 in a research note on Tuesday, April 28th. Finally, Citigroup lifted their price objective on TFI International from C$143.00 to C$144.00 and gave the company a “buy” rating in a research note on Tuesday, April 7th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price 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.