TFI International (TSE:TFII) Reaches New 1-Year Low - What's Next?

TFI International Inc. (TSE:TFII) saw its share price hit a new 52-week low during mid-day trading on Friday, reaching as low as C$115.50 before closing at C$115.98. A total of 6,896 shares changed hands after the stock previously closed at C$117.43.

Analyst Ratings Overview

Recently, TFI International has been featured in several research reports. On December 5, National Bankshares raised their target price for TFI International shares from C$198.00 to C$223.00. Following that, Desjardins upgraded the stock from a "hold" rating to "buy" and increased their price target from C$204.00 to C$236.00 on December 9. Currently, one investment analyst has rated the stock as a hold, while four others have given it a buy rating. According to MarketBeat, the average rating for TFI International stands at "Moderate Buy" with a consensus target price of C$207.43.

Current Stock Performance

The stock has dipped by 3.6%, and TFI International holds a market capitalization of C$6.75 billion. The company has a price-to-earnings (P/E) ratio of 14.35 and a price-to-earnings-growth (PEG) ratio of 1.01, with a beta of 1.37. The 50-day simple moving average for the stock is C$155.05, while the 200-day moving average is C$182.86. Additionally, TFI International's financial ratios indicate a debt-to-equity ratio of 115.17, a current ratio of 0.98, and a quick ratio of 1.18.

Insider Activities

Recent insider activity includes TFI International Director John Pratt, who purchased 2,000 shares on March 7 at an average price of C$120.50 per share, totaling C$240,994.08. Moreover, on February 7, another insider acquired 15,020 shares at an average price of C$185.48 per share, amounting to C$2,785,967.73. In total, insiders have bought 23,128 shares valued at around C$3,798,476 over the last ninety days, indicating that insiders own about 5.97% of the company’s stock.

About TFI International

TFI International Inc. operates within the transportation and logistics sector, primarily in the United States and Canada. The company divides its operations into several segments: Package and Courier, Less-Than-Truckload (LTL), Truckload (TL), and Logistics. The Package and Courier segment is responsible for the pick-up, transport, and delivery of parcels throughout North America.

Investment Considerations

Before making any investment decisions regarding TFI International, it’s crucial to look at broader market trends and comparisons with other stocks. Even though TFI International has a "Moderate Buy" rating, analysts currently favor other stocks for potential investment. Therefore, investors are encouraged to conduct thorough research and consider alternatives before deciding whether to buy or sell TFI International shares.

TFI, International, Stocks