Insider Buying: TFI International Inc. (TSE:TFII) Insider Acquires 66,895 Shares of Stock

TFI International Inc. (TSE:TFIIGet Free Report) insider TFI International Inc. bought 66,895 shares of the firm’s stock in a transaction that occurred on Thursday, February 8th. The stock was bought at an average price of C$191.48 per share, with a total value of C$12,809,348.94.

TFI International Stock Performance

Shares of TFII traded up C$1.20 during midday trading on Friday, reaching C$191.72. 280,438 shares of the stock were exchanged, compared to its average volume of 172,077. The business’s 50-day moving average price is C$172.93 and its 200 day moving average price is C$170.14. The company has a debt-to-equity ratio of 77.23, a current ratio of 1.23 and a quick ratio of 1.18. TFI International Inc. has a twelve month low of C$137.36 and a twelve month high of C$194.25. The company has a market capitalization of C$16.47 billion, a price-to-earnings ratio of 23.32, a PEG ratio of 1.01 and a beta of 1.40.

TFI International Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, January 15th. Stockholders of record on Monday, January 15th were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Thursday, December 28th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.83%. This is a boost from TFI International’s previous quarterly dividend of $0.35. TFI International’s payout ratio is 26.32%.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on TFII. Scotiabank lowered TFI International from an “outperform” rating to a “sector perform” rating and lifted their target price for the company from C$180.00 to C$215.00 in a report on Monday, January 22nd. Desjardins lifted their price target on TFI International from C$182.00 to C$208.00 and gave the stock a “buy” rating in a report on Monday, January 8th. National Bankshares lifted their price target on TFI International from C$178.00 to C$183.00 in a report on Thursday, December 14th. Finally, BMO Capital Markets lifted their price target on TFI International from C$122.00 to C$130.00 and gave the stock a “market perform” rating in a report on Monday, January 8th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of C$172.00.

Read Our Latest Research Report on TFII

About TFI International

(Get Free Report)

TFI International Inc provides transportation and logistics services in the United States, Canada, and Mexico. 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.

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