Insider Buying: TFI International Inc. Acquires 1,108 Shares

On Monday, March 3rd, an insider of TFI International Inc. purchased 1,108 shares of the company's stock at an average price of C$127.30 per share. This transaction amounted to a total expenditure of C$141,046.47.

Additionally, TFI International Inc. has also engaged in further trading activities. On February 7th, the company acquired 15,020 shares of its own stock at an average cost of C$185.48 per share, culminating in a transaction value of approximately C$2,785,967.73.

TFI International Stock Performance

As of the latest trading session, shares of TFI International (TSE: TFII) experienced a decline of C$6.15, settling at C$118.86. The trading volume was recorded at 410,174 shares, which is notably higher than the usual volume of 222,479 shares. Over the past year, the stock has fluctuated between a low of C$116.50 and a high of C$220.93. TFI International holds a market capitalization of C$7.09 billion, with a price-to-earnings (P/E) ratio of 15.07 and a price-to-earnings-growth (PEG) ratio of 1.01. The stock's beta is 1.37, indicating greater volatility compared to the market. Its fifty-day moving average stands at C$182.42, while the two-hundred day moving average is C$193.05. Financial ratios indicate a debt-to-equity ratio of 115.17, a current ratio of 0.98, and a quick ratio of 1.18.

Wall Street Analyst Opinions

A variety of research analysts have recently provided insights into TFI International's stock. Desjardins upgraded the company from a "hold" rating to a "buy" rating, revising their price target from C$204.00 to C$236.00 on December 9th. Similarly, National Bank increased their price target for TFI International from C$198.00 to C$223.00 on December 5th. Currently, the stock has been rated with one hold and four buy recommendations, resulting in a consensus rating of "Moderate Buy" and a target price of C$207.43, according to MarketBeat.

Understanding TFI International Inc.

TFI International Inc. specializes in providing transportation and logistics services across the United States and Canada. The company has various operational segments, which include Package and Courier, Less-Than-Truckload (LTL), Truckload (TL), and Logistics. The Package and Courier segment focuses on the collection, transport, and delivery of packages throughout North America.

Should You Consider Investing?

Investors might want to think carefully before making a decision regarding TFI International. While the stock carries a Moderate Buy rating from analysts, it is essential to explore other potential investment opportunities that might offer better returns.

Insider, Shares, Transaction