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

TFI International Inc. (TSE:TFII) saw its stock price drop to a new 52-week low during afternoon trading on Friday, reaching as low as C$115.50. The stock closed the day at C$115.98 after trading a total of 6,896 shares. This marks a decline from the previous closing price of C$117.43.

Analyst Ratings

TFI International has recently been reviewed by various analysts. On December 5th, National Bankshares raised its price target for TFI International from C$198.00 to C$223.00. Following this, on December 9th, Desjardins upgraded the stock from a "hold" to a "buy" rating and increased their target from C$204.00 to C$236.00. Currently, one analyst has a hold rating, while four analysts have rated the company as a buy. According to MarketBeat, TFI International holds an average rating of "Moderate Buy" and has a consensus target price of C$207.43.

Market Performance

As of now, TFI International's market capitalization stands at C$6.75 billion, with a price-to-earnings (P/E) ratio of 14.35. The firm has a price-to-earnings growth (PEG) ratio of 1.01. The stock's beta is 1.37, indicating that it is more volatile than the market. The company's 50-day simple moving average is C$155.05, and its 200-day simple moving average is C$182.86. TFI International also has a debt-to-equity ratio of 115.17, with a current ratio of 0.98 and a quick ratio of 1.18.

Insider Transactions

In related news, TFI International's director, John Pratt, recently purchased 2,000 shares at an average price of C$120.50 per share, totaling approximately C$240,994.08. Additionally, an insider purchased 15,020 shares at an average cost of C$185.48 per share for a total of about C$2,785,967.73. Over the past ninety days, insiders have purchased a total of 23,128 shares valued at approximately C$3,798,476. Insiders hold around 5.97% of the company's shares.

Company Overview

TFI International Inc. provides transportation and logistics services across the United States and Canada through its various segments, which include Package and Courier, Less-Than-Truckload (LTL), Truckload (TL), and Logistics. The Package and Courier segment focuses on the pick-up, transport, and delivery of items within North America.

Investment Considerations

If you are thinking about investing in TFI International, it's worth noting that while the stock currently carries a Moderate Buy rating from analysts, there are other promising stocks recommended by top analysts that might offer better opportunities at this time.

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