TFI International (TSE:TFII) Stock: Insider Steven Mayer Purchases 2,200 Shares

by · The Markets Daily

TFI International Inc. (TSE:TFII – Get Free Report) Director Steven Mayer acquired 2,200 shares of TFI International stock in a transaction dated Monday, November 2nd. The shares were purchased at an average price of C$130.28 per share, for a total transaction of C$286,616.00. Following the completion of the transaction, the director directly owned 2,200 shares in the company, valued at approximately C$286,616. The trade was a ∞ increase in their position.

TFI International Trading Up 1.2%

Shares of TSE TFII traded up C$1.56 during midday trading on Tuesday, reaching C$135.72. The company had a trading volume of 269,199 shares, compared to its average volume of 263,669. The stock has a market cap of C$11.16 billion, a PE ratio of 31.42, a price-to-earnings-growth ratio of 1.01 and a beta of 1.96. TFI International Inc. has a one year low of C$113.72 and a one year high of C$233.85. The firm’s fifty day moving average price is C$170.27 and its 200-day moving average price is C$179.52. The company has a quick ratio of 1.18, a current ratio of 1.11 and a debt-to-equity ratio of 106.02.

TFI International (TSE:TFII – Get Free Report) last issued its quarterly earnings data on Thursday, October 29th. The company reported C$2.38 EPS for the quarter. The business had revenue of C$3.18 billion during the quarter. TFI International had a net margin of 4.22% and a return on equity of 12.95%. On average, equities research analysts anticipate that TFI International Inc. will post 12.23 earnings per share for the current year.

TFI International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Thursday, October 15th were given a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend was Tuesday, September 29th. TFI International’s payout ratio is 43.52%.

Key Stories Impacting TFI International

Here are the key news stories impacting TFI International this week:

  • Positive Sentiment: Company directors purchased a combined 25,367 shares worth approximately C$3.35 million. Executive Chairman Alain Bédard bought 20,000 shares for C$2.64 million, while directors Debra Kelly-Ennis, Steven Mayer and John Pratt also added to their positions. These purchases may signal that insiders view the recent share-price weakness as excessive and believe TFII offers value at current levels. TFI International Director Alain Bédard Acquires 20,000 Shares of Company Stock
  • Positive Sentiment: The insider purchases occurred near C$130-C$135 per share, substantially below TFII’s 52-week high. This concentration of buying by multiple directors can provide some support for the stock, although insider purchases do not guarantee an operational turnaround.
  • Neutral Sentiment: TFII recently reported quarterly earnings of C$2.38 per share on C$3.18 billion in revenue. Its profitability remains positive, with a 4.22% net margin and 12.95% return on equity, but investors are focused more heavily on future earnings and the performance of its acquired freight operations.
  • Negative Sentiment: TD Cowen and CIBC both sharply lowered their TFII price targets to C$119 and C$120, respectively, from C$158. The reductions indicate weaker near-term expectations and may limit the stock’s recovery despite the insider buying. TFI International Price Target Lowered at TD Cowen TFI International Price Target Lowered at CIBC
  • Negative Sentiment: A report says TFI is still struggling to turn around the UPS Freight business five years after acquiring it. Ongoing integration and operational challenges raise concerns about margins, returns on capital and the company’s ability to generate the earnings growth previously expected by investors. Five Years After Buying UPS’s Freight Business, TFI Is Struggling to Turn It Around

Analysts Set New Price Targets

TFII has been the subject of several recent research reports. Scotiabank cut their price target on TFI International from C$263.00 to C$235.00 and set a “sector outperform” rating for the company in a report on Thursday, October 15th. Desjardins boosted their price objective on TFI International from C$221.00 to C$245.00 and gave the company a “buy” rating in a research note on Tuesday, July 28th. Finally, National Bank Financial reduced their target price on shares of TFI International from C$208.00 to C$160.00 and set an “outperform” rating for the company in a report on Friday, July 10th. Four analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of C$179.40.

Get Our Latest Report on TFI International

TFI International Company Profile

(Get Free Report)

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.

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