Susquehanna Lowers TFI International (NYSE:TFII) Price Target to $135.00

TFI International (NYSE:TFII) had its price target cut by Susquehanna from $170.00 to $135.00 in a research note published on Monday,Benzinga reports. They currently have a positive rating on the stock.

Several other equities analysts have also commented on TFII. Stephens decreased their price target on TFI International from $138.00 to $110.00 and set an “equal weight” rating on the stock in a research note on Tuesday, February 25th. The Goldman Sachs Group decreased their price target on TFI International from $176.00 to $150.00 and set a “buy” rating on the stock in a research note on Friday, February 21st. Veritas lowered TFI International from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 21st. Citigroup decreased their price target on TFI International from $162.00 to $130.00 and set a “buy” rating on the stock in a research note on Tuesday, February 25th. Finally, Bank of America lowered TFI International from a “neutral” rating to an “underperform” rating in a research note on Thursday, February 20th. One research analyst has rated the stock with a sell rating, six have given a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $148.93.

TFI International Stock Performance

NYSE TFII opened at $83.86 on Monday. The stock’s fifty day moving average is $124.72 and its two-hundred day moving average is $137.00. The firm has a market capitalization of $7.06 billion, a P/E ratio of 16.77, a price-to-earnings-growth ratio of 1.11 and a beta of 1.62. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.96 and a current ratio of 1.03. TFI International has a fifty-two week low of $80.19 and a fifty-two week high of $162.13.

TFI International (NYSE:TFII) last released its quarterly earnings data on Wednesday, February 19th. The company reported $1.19 earnings per share for the quarter, missing analysts’ consensus estimates of $1.59 by ($0.40). The company had revenue of $2.08 billion for the quarter, compared to analyst estimates of $1.54 billion. TFI International had a return on equity of 18.40% and a net margin of 5.08%. On average, research analysts anticipate that TFI International will post 7.76 earnings per share for the current year.

Institutional Investors Weigh In On TFI International

Large investors have recently bought and sold shares of the stock. Geode Capital Management LLC increased its holdings in TFI International by 6.8% during the 3rd quarter. Geode Capital Management LLC now owns 356,808 shares of the company’s stock worth $49,288,000 after purchasing an additional 22,566 shares during the period. Baillie Gifford & Co. purchased a new stake in TFI International during the 4th quarter worth about $148,623,000. Canoe Financial LP purchased a new stake in TFI International during the 4th quarter worth about $1,853,000. Quantbot Technologies LP increased its holdings in TFI International by 295.1% during the 3rd quarter. Quantbot Technologies LP now owns 21,484 shares of the company’s stock worth $2,941,000 after purchasing an additional 16,047 shares during the period. Finally, Entropy Technologies LP purchased a new stake in TFI International during the 3rd quarter worth about $643,000. Hedge funds and other institutional investors own 73.30% of the company’s stock.

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.