TFI International (TSE:TFII) Posts Earnings Results

TFI International (TSE:TFII) released its earnings results on Tuesday. The company reported C$1.50 earnings per share (EPS) for the quarter, FiscalAI reports. TFI International had a return on equity of 16.31% and a net margin of 5.67%.The business had revenue of C$2.51 billion for the quarter.

TFI International Stock Up 0.8%

TFII traded up C$1.28 during trading hours on Tuesday, reaching C$164.90. 209,785 shares of the stock traded hands, compared to its average volume of 225,416. TFI International has a fifty-two week low of C$102.57 and a fifty-two week high of C$185.34. The company has a market cap of C$13.57 billion, a price-to-earnings ratio of 42.39, a PEG ratio of 1.01 and a beta of 1.21. The company has a debt-to-equity ratio of 115.17, a current ratio of 0.98 and a quick ratio of 1.18. The firm’s fifty day simple moving average is C$151.90 and its two-hundred day simple moving average is C$135.22.

Analysts Set New Price Targets

TFII has been the topic of a number of research reports. Stifel Nicolaus upped their target price on TFI International from C$100.00 to C$113.00 in a research note on Wednesday, January 21st. Scotiabank upped their price objective on TFI International from C$140.00 to C$170.00 and gave the company a “sector perform” rating in a research report on Wednesday, January 21st. Desjardins increased their price objective on TFI International from C$170.00 to C$173.00 and gave the company a “buy” rating in a research note on Monday, January 12th. Finally, National Bank Financial boosted their target price on shares of TFI International from C$145.00 to C$170.00 and gave the company an “outperform” rating in a research note on Friday, January 9th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, TFI International has an average rating of “Moderate Buy” and a consensus target price of C$156.50.

About TFI International

TFI International Inc is a transportation and logistics company domiciled in Canada. The company organises itself into four segments: package and courier, less-than-truckload, truckload, and logistics. The package and courier segment picks up, transports, and delivers items across North America. The less-than-truckload segment transports smaller loads. The truckload segment transports goods by flatbed trucks, containers, or a more specialised service. The company provides general logistics services through the logistics segment.