TFI International (TFII) 주식 개요는 자회사와 함께 미국, 캐나다, 멕시코에서 운송 및 물류 서비스를 제공하고 있습니다. 자세히 보기TFII 펀더멘털 분석스노우플레이크 점수가치 평가2/6미래 성장4/6과거 실적1/6재무 건전성3/6배당3/6강점공정 가치 추정치보다 낮은 25.2% 에서 거래수익은 매년 27.15% 증가할 것으로 예상됩니다.위험 분석부채비율이 높네요지난 3개월 동안 상당한 내부자 매도가 있었습니다.모든 위험 점검 보기TFII Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueUS$Current PriceUS$148.067.6% 고평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture010b2016201920222025202620282031Revenue US$10.4bEarnings US$393.5mAdvancedSet Fair ValueView all narrativesTFI International Inc. 경쟁사SaiaSymbol: NasdaqGS:SAIAMarket cap: US$12.2bU-Haul HoldingSymbol: NYSE:UHALMarket cap: US$9.3bRyder SystemSymbol: NYSE:RMarket cap: US$9.2bFull Truck AllianceSymbol: NYSE:YMMMarket cap: US$9.2b가격 이력 및 성과TFI International 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가CA$148.0652주 최고가CA$149.0952주 최저가CA$80.63베타1.461개월 변동8.94%3개월 변동24.08%1년 변동71.35%3년 변동36.20%5년 변동54.42%IPO 이후 변동1,274.74%최근 뉴스 및 업데이트Seeking Alpha • May 16TFI International: The Road To Market Recovery Is Still UncertainSummary TFI International has demonstrated resilience amid inflation, cost pressures, and volatile freight demand, maintaining stable margins and liquidity. TFII's valuation appears fully priced at $142, with target prices from both P/S and DDM models suggesting downside risk ($137.41 and $139.73, respectively). Technical indicators remain bullish but signal narrowing buying room and potential for renewed profit-taking as momentum softens. I reiterate a hold rating on TFII, balancing operational stability against market risks and a stretched valuation. Read the full article on Seeking AlphaNew Risk • May 03New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: US$3.2m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks High level of debt (89% net debt to equity). Significant insider selling over the past 3 months (US$3.2m sold).Recent Insider Transactions • May 03President recently sold US$3.2m worth of stockOn the 29th of April, Alain Bedard sold around 22k shares on-market at roughly US$144 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Alain has been a net seller over the last 12 months, reducing personal holdings by US$3.2m.Price Target Changed • Apr 28Price target increased by 15% to US$147Up from US$128, the current price target is an average from 11 analysts. New target price is approximately in line with last closing price of US$145. Stock is up 79% over the past year. The company is forecast to post earnings per share of US$4.69 for next year compared to US$3.74 last year.Reported Earnings • Apr 28First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: US$0.53 (down from US$0.67 in 1Q 2025). Revenue: US$1.95b (flat on 1Q 2025). Net income: US$43.3m (down 23% from 1Q 2025). Profit margin: 2.2% (down from 2.9% in 1Q 2025). Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) also surpassed analyst estimates by 22%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Transportation industry in the US. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.공시 • Mar 31TFI International Inc. to Report Q1, 2026 Results on Apr 27, 2026TFI International Inc. announced that they will report Q1, 2026 results After-Market on Apr 27, 2026더 많은 업데이트 보기Recent updatesSeeking Alpha • May 16TFI International: The Road To Market Recovery Is Still UncertainSummary TFI International has demonstrated resilience amid inflation, cost pressures, and volatile freight demand, maintaining stable margins and liquidity. TFII's valuation appears fully priced at $142, with target prices from both P/S and DDM models suggesting downside risk ($137.41 and $139.73, respectively). Technical indicators remain bullish but signal narrowing buying room and potential for renewed profit-taking as momentum softens. I reiterate a hold rating on TFII, balancing operational stability against market risks and a stretched valuation. Read the full article on Seeking AlphaNew Risk • May 03New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: US$3.2m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks High level of debt (89% net debt to equity). Significant insider selling over the past 3 months (US$3.2m sold).Recent Insider Transactions • May 03President recently sold US$3.2m worth of stockOn the 29th of April, Alain Bedard sold around 22k shares on-market at roughly US$144 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Alain has been a net seller over the last 12 months, reducing personal holdings by US$3.2m.Price Target Changed • Apr 28Price target increased by 15% to US$147Up from US$128, the current price target is an average from 11 analysts. New target price is approximately in line with last closing price of US$145. Stock is up 79% over the past year. The company is forecast to post earnings per share of US$4.69 for next year compared to US$3.74 last year.Reported Earnings • Apr 28First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: US$0.53 (down from US$0.67 in 1Q 2025). Revenue: US$1.95b (flat on 1Q 2025). Net income: US$43.3m (down 23% from 1Q 2025). Profit margin: 2.2% (down from 2.9% in 1Q 2025). Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) also surpassed analyst estimates by 22%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Transportation industry in the US. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.공시 • Mar 31TFI International Inc. to Report Q1, 2026 Results on Apr 27, 2026TFI International Inc. announced that they will report Q1, 2026 results After-Market on Apr 27, 2026Declared Dividend • Mar 19Fourth quarter dividend of US$0.47 announcedShareholders will receive a dividend of US$0.47. Ex-date: 31st March 2026 Payment date: 15th April 2026 Dividend yield will be 1.9%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (49% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 46% over the next 2 years, which should provide support to the dividend and adequate earnings cover.공시 • Mar 18TFI International Inc. Announces Quarterly Dividend, Payable on April 15, 2026TFI International Inc. declared a quarterly dividend of USD 0.47 per outstanding common share of its capital payable on April 15, 2026 to shareholders of record at the close of business on March 31, 2026.공시 • Feb 24TFI International Inc., Annual General Meeting, Apr 27, 2026TFI International Inc., Annual General Meeting, Apr 27, 2026. Location: quebec, montreal CanadaReported Earnings • Feb 19Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: US$3.74 (down from US$5.00 in FY 2024). Revenue: US$7.88b (down 6.1% from FY 2024). Net income: US$310.6m (down 27% from FY 2024). Profit margin: 3.9% (down from 5.0% in FY 2024). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.4%. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Transportation industry in the US. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.New Risk • Feb 19New major risk - Revenue and earnings growthEarnings have declined by 8.4% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 8.4% per year over the past 5 years. Minor Risks High level of debt (89% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.공시 • Feb 18TFI International Inc. Announces Board ChangesTFI International Inc. announced the upcoming retirement of independent director André Bérard after 23 years on the Company’s Board. Mr. Bérard has stepped down from his position as Lead Director but will remain on the Board until the Company’s annual meeting on April 27, 2026. TFI also announced that existing Board member Diane Giard will become the Company’s new Lead Director. Ms. Giard has been an Independent Director of the Company since 2018 and has served as a member of the Audit Committee. She was a former Executive Vice-President of the National Bank of Canada and Senior Vice-President of Scotiabank. Ms. Giard serves on the Board of Bombardier Inc., was ranked among the Top 25 in Quebec’s financial industry seven times, and was named one of Canada’s Most Powerful Women by the Women’s Executive Network in 2014 and 2015.공시 • Jan 21+ 1 more updateTFI International Inc. to Report Q4, 2025 Results on Feb 17, 2026TFI International Inc. announced that they will report Q4, 2025 results After-Market on Feb 17, 2026Price Target Changed • Jan 12Price target increased by 7.4% to US$117Up from US$109, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of US$112. Stock is down 16% over the past year. The company is forecast to post earnings per share of US$3.60 for next year compared to US$5.00 last year.New Risk • Dec 21New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: US$1.0m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks High level of debt (89% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Significant insider selling over the past 3 months (US$1.0m sold).공시 • Dec 16TFI International Declares Quarterly Dividend, Payable on January 15, 2026The Board of Directors of TFI International Inc. declared a quarterly dividend of USD 0.47 per outstanding common share of its capital payable on January 15, 2026 to shareholders of record at the close of business on December 31, 2025. As previously announced on October 30, 2025, the new quarterly dividend of USD 0.47 per outstanding common share represents a 4% increase over the previous quarterly dividend of USD 0.45 per outstanding common share.Recent Insider Transactions • Nov 19Chief Financial Officer recently sold US$404k worth of stockOn the 13th of November, David Saperstein sold around 5k shares on-market at roughly US$85.64 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. David has been a net seller over the last 12 months, reducing personal holdings by US$489k.Recent Insider Transactions • Nov 17Chief Financial Officer recently sold US$404k worth of stockOn the 13th of November, David Saperstein sold around 5k shares on-market at roughly US$85.64 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was David's only on-market trade for the last 12 months.Declared Dividend • Nov 03Third quarter dividend increased to US$0.47Dividend of US$0.47 is 4.4% higher than last year. Ex-date: 31st December 2025 Payment date: 15th January 2026 Dividend yield will be 2.0%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (46% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 54% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Board Change • Nov 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 4 highly experienced directors. Independent Director Sebastien Martel was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.New Risk • Oct 31New major risk - Revenue and earnings growthEarnings have declined by 2.6% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.6% per year over the past 5 years. Minor Risks High level of debt (90% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.공시 • Oct 31TFI International Inc. Announces Quarterly Dividend, Payable on January 15, 2026On October 30, 2025, TFI International Inc. approved an increase to the quarterly dividend to $0.47 per outstanding common share of the Company's capital, to be declared in December and payable on January 15, 2026, to shareholders of record at the close of business on December 31, 2025, for an expected aggregate amount of $38.7 million.공시 • Oct 10TFI International Inc. to Report Q3, 2025 Results on Oct 30, 2025TFI International Inc. announced that they will report Q3, 2025 results After-Market on Oct 30, 2025Declared Dividend • Sep 18Second quarter dividend of US$0.45 announcedShareholders will receive a dividend of US$0.45. Ex-date: 30th September 2025 Payment date: 15th October 2025 Dividend yield will be 1.9%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (20% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 68% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • Sep 16TFI International Inc. Declares Quarterly Dividend, Payable on October 15, 2025The Board of Directors of TFI International Inc. declared a quarterly dividend of USD 0.45 per outstanding common share of its capital payable on October 15, 2025 to shareholders of record at the close of business on September 30, 2025.Reported Earnings • Jul 29Second quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2025 results: EPS: US$1.18 (down from US$1.39 in 2Q 2024). Revenue: US$2.04b (down 10.0% from 2Q 2024). Net income: US$98.2m (down 17% from 2Q 2024). Profit margin: 4.8% (down from 5.2% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) exceeded analyst estimates by 7.8%. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Transportation industry in the US. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.공시 • Jul 08TFI International Inc. to Report Q2, 2025 Results on Jul 28, 2025TFI International Inc. announced that they will report Q2, 2025 results After-Market on Jul 28, 2025Upcoming Dividend • Jun 23Upcoming dividend of US$0.45 per shareEligible shareholders must have bought the stock before 30 June 2025. Payment date: 15 July 2025. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of American dividend payers (4.8%). In line with average of industry peers (1.9%).공시 • Jun 18TFI International Declares Quarterly Dividend, Payable on July 15, 2025The Board of Directors of TFI International Inc. declared a quarterly dividend of USD 0.45 per outstanding common share of its capital payable on July 15, 2025 to shareholders of record at the close of business on June 30, 2025.Declared Dividend • Apr 27First quarter dividend of US$0.45 announcedShareholders will receive a dividend of US$0.45. Ex-date: 30th June 2025 Payment date: 15th July 2025 Dividend yield will be 2.2%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (37% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 19% over the next year, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Apr 24First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: EPS: US$0.67 (down from US$1.10 in 1Q 2024). Revenue: US$1.96b (up 5.0% from 1Q 2024). Net income: US$56.0m (down 40% from 1Q 2024). Profit margin: 2.9% (down from 5.0% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 4.5%. Earnings per share (EPS) also missed analyst estimates by 15%. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Transportation industry in the US. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Price Target Changed • Apr 07Price target decreased by 8.1% to US$120Down from US$131, the current price target is an average from 12 analysts. New target price is 57% above last closing price of US$76.45. Stock is down 52% over the past year. The company is forecast to post earnings per share of US$5.06 for next year compared to US$5.00 last year.공시 • Apr 04TFI International Inc. to Report Q1, 2025 Results on Apr 23, 2025TFI International Inc. announced that they will report Q1, 2025 results After-Market on Apr 23, 2025Declared Dividend • Mar 20Fourth quarter dividend of US$0.45 announcedShareholders will receive a dividend of US$0.45. Ex-date: 31st March 2025 Payment date: 15th April 2025 Dividend yield will be 2.0%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 43% over the next 2 years, which should provide support to the dividend and adequate earnings cover.공시 • Mar 20Bragar Eagel & Squire, P.C. Files Class Action Lawsuit Against TFI International IncBragar Eagel & Squire, P.C announced that a class action lawsuit has been filed against TFI International Inc. in the United States District Court for the Southern District of New York on behalf of all persons and entities who purchased or otherwise acquired TFI securities between April 26, 2024 and February 19, 2025, both dates inclusive (the “Class Period”). Investors have until May 13, 2025 to apply to the Court to be appointed as lead plaintiff in the lawsuit. The Complaint alleges that throughout the Class Period, Defendants made false and/or misleading statements, as well as failed to disclose material facts regarding TFI's business, operations, and prospects, including allegations that: (1) TFI was losing small and medium business customers; (2) as a result, the Company's TForce revenue was declining; (3) TFI was experiencing difficulties managing its costs; and (4) as a result of the foregoing, the profitability of its larger business segment was declining.공시 • Mar 18TFI International Inc. Declares Quarterly Dividend, Payable on April 15, 2025The Board of Directors of TFI International Inc. declared a quarterly dividend of USD 0.45 per outstanding common share of its capital payable on April 15, 2025 to shareholders of record at the close of business on March 31, 2025.Valuation Update With 7 Day Price Move • Feb 26Investor sentiment deteriorates as stock falls 28%After last week's 28% share price decline to US$91.27, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 26x in the Transportation industry in the US. Total loss to shareholders of 11% over the past three years.공시 • Feb 25TFI International Inc., Annual General Meeting, Apr 23, 2025TFI International Inc., Annual General Meeting, Apr 23, 2025. Location: montreal, quebec CanadaPrice Target Changed • Feb 21Price target decreased by 9.3% to US$143Down from US$157, the current price target is an average from 12 analysts. New target price is 51% above last closing price of US$94.71. Stock is down 36% over the past year. The company is forecast to post earnings per share of US$6.29 for next year compared to US$5.00 last year.Reported Earnings • Feb 20Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: US$5.00 (down from US$5.88 in FY 2023). Revenue: US$8.40b (up 12% from FY 2023). Net income: US$422.5m (down 16% from FY 2023). Profit margin: 5.0% (down from 6.7% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 9.4%. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Transportation industry in the US. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Seeking Alpha • Jan 25TFI International: Expertly Expanding And Navigating A Tough EnvironmentSummary TFI International, Inc. shows stable topline growth amid its expansion and an erratic environment. Excellent liquidity is one of its core strengths. The market is geared towards its recovery, so its sustained acquisition can help it accommodate new demand. The TP of $141.08 using the DCF Model shows that the current price is a good entry point. Technical analysis supports my bullish outlook of TFII. Read the full article on Seeking Alpha공시 • Jan 23TFI International Inc. to Report Q4, 2024 Results on Feb 19, 2025TFI International Inc. announced that they will report Q4, 2024 results After-Market on Feb 19, 2025Recent Insider Transactions • Jan 03Independent Director recently bought US$685k worth of stockOn the 30th of December, William England bought around 5k shares on-market at roughly US$137 per share. This transaction increased William's direct individual holding by 2x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold US$984k more in shares than they bought in the last 12 months.Upcoming Dividend • Dec 24Upcoming dividend of US$0.45 per shareEligible shareholders must have bought the stock before 31 December 2024. Payment date: 15 January 2025. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of American dividend payers (4.5%). Lower than average of industry peers (1.8%).Seeking Alpha • Dec 20TFI International - Monitor Before Pulling The TriggerSummary TFI International is a large North American logistics company, but mixed segment performance and economic uncertainties make me rate it as a Hold. FY2023 saw significant revenue and earnings declines; In 2024, LTL segment has struggled, while Truckload and Logistics segments showed promise. Key risks include fuel price volatility, labor shortages, and aggressive financial targets, which could impact future performance and investor confidence. Despite a diversified portfolio, the stock appears fully valued; I forecast the stock making a slight upward move to $221 CAD ($154 USD) in 2025. Read the full article on Seeking AlphaDeclared Dividend • Oct 24Dividend of US$0.45 announcedShareholders will receive a dividend of US$0.45. Ex-date: 31st December 2024 Payment date: 15th January 2025 Dividend yield will be 1.2%, which is lower than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (7% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 59% over the next 2 years, which should provide support to the dividend and adequate earnings cover.공시 • Oct 23TFI International Inc. Announces the Retirement of Neil Manning as Independent DirectorTFI International Inc. announced the retirement of independent director Neil Manning after 11 years on the Company’s Board, effective October 22, 2024.Reported Earnings • Oct 22Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: US$1.51 (down from US$1.55 in 3Q 2023). Revenue: US$2.18b (up 14% from 3Q 2023). Net income: US$128.0m (down 4.0% from 3Q 2023). Profit margin: 5.9% (down from 7.0% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) also missed analyst estimates by 11%. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Transportation industry in the US. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.공시 • Oct 22TFI International Inc. Approves Quarterly Dividend on Common Shares, Payable on January 15, 2025On October 21, 2024, the Board of Directors of TFI International Inc. approved a quarterly dividend of $0.45 per outstanding common share of the Company’s capital, for an expected aggregate payment of $38.1 million to be paid on January 15, 2025, to shareholders of record at the close of business on December 31, 2024.Seeking Alpha • Oct 08TFI International: A Top Value Play In Transport And LogisticsSummary TFI International has completed over 125 acquisitions since 2008, boosting its market cap by nearly 2,800%. Trading at a significant discount to its historical valuation multiples, TFII has a 20-25% potential upside based on earnings growth and DDM analysis. With a five-year dividend CAGR of 17% and strong free cash flow generation, the Company offers substantial value and growing returns for dividend-focused investors. Read the full article on Seeking Alpha공시 • Oct 01TFI International Inc. to Report Q3, 2024 Results on Oct 21, 2024TFI International Inc. announced that they will report Q3, 2024 results After-Market on Oct 21, 2024Declared Dividend • Sep 19Second quarter dividend of US$0.40 announcedShareholders will receive a dividend of US$0.40. Ex-date: 30th September 2024 Payment date: 15th October 2024 Dividend yield will be 1.1%, which is lower than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 103% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • Sep 17TFI International Inc. Declares Quarterly Dividend on Common Shares, Payable on October 15, 2024The Board of Directors of TFI International Inc. declared a quarterly dividend of $0.40 per outstanding common share of its capital payable on October 15, 2024 to shareholders of record at the close of business on September 30, 2024.공시 • Jul 27TFI International Inc. Provides Earnings Guidance for the Full Year 2024TFI International Inc. provided earnings guidance for the full year 2024. For the period, the company expected EPS to be in the range of $6.75 to $7.Reported Earnings • Jul 26Second quarter 2024 earnings: EPS and revenues miss analyst expectationsSecond quarter 2024 results: EPS: US$1.39 (down from US$1.49 in 2Q 2023). Revenue: US$2.26b (up 26% from 2Q 2023). Net income: US$117.8m (down 8.2% from 2Q 2023). Profit margin: 5.2% (down from 7.2% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 9.9%. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Transportation industry in the US. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Seeking Alpha • Jul 24TFI International: Capital Deployment, Valuation Make Stock A Compelling BuySummary TFI International shares continue to advance on strong fundamentals. Management continue deploying cash along an extensive reinvestment runway at an above-industry advantage. There are several advantages TFII enjoys over peers leading to an attractive outlook. At 2.8x EV/IC implies TFII is worth >$170 per share today. Read the full article on Seeking Alpha공시 • Jul 04TFI International Inc. to Report Q2, 2024 Results on Jul 25, 2024TFI International Inc. announced that they will report Q2, 2024 results After-Market on Jul 25, 2024Declared Dividend • Jun 20First quarter dividend of US$0.40 announcedShareholders will receive a dividend of US$0.40. Ex-date: 28th June 2024 Payment date: 15th July 2024 Dividend yield will be 1.1%, which is lower than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (26% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 24% over the next year, which should provide support to the dividend and adequate earnings cover.공시 • Jun 18TFI International Inc. Declares Quarterly Dividend on Common Shares, Payable on July 15, 2024The Board of Directors of TFI International Inc. declared a quarterly dividend of $0.40 per outstanding common share of its capital payable on July 15, 2024 to shareholders of record at the close of business on June 28, 2024.Reported Earnings • Apr 26First quarter 2024 earnings: EPS misses analyst expectationsFirst quarter 2024 results: EPS: US$1.10 (down from US$1.29 in 1Q 2023). Revenue: US$1.87b (up 1.1% from 1Q 2023). Net income: US$92.8m (down 17% from 1Q 2023). Profit margin: 5.0% (down from 6.0% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 18%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Transportation industry in the US. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.공시 • Apr 05TFI International Inc. to Report Q1, 2024 Results on Apr 25, 2024TFI International Inc. announced that they will report Q1, 2024 results After-Market on Apr 25, 2024공시 • Apr 02TFI International Inc. (TSX:TFII) completed the acquisition of Daseke, Inc. (NasdaqCM:DSKE) from a group of shareholders.TFI International Inc. (TSX:TFII) entered into a definitive agreement to acquire Daseke, Inc. (NasdaqCM:DSKE) from a group of shareholders for approximately $410 million on December 22, 2023. Subject to the terms of the agreement, Daseke common stockholders will receive $8.30 per share in cash. The total enterprise value of the transaction is approximately $1.1 billion, including the merger consideration for the common stock, retirement of Daseke’s outstanding preferred stock, payoff or assumption of outstanding debt, net of cash, and estimated transaction fees and expenses. Upon closing of the transaction, Daseke’s common stock will no longer be listed on any stock exchange, and Daseke will operate its portfolio of brands as part of TFI International’s Truckload segment. In the event of termination, Daseke, Inc. will be obligated to pay $12.45 million as a termination fee to TFI International. The transaction is subject to Daseke common stockholder approval, regulatory approvals, expiration or termination of waiting period under the Sherman Act of 1890, the Clayton Act of 1914, the Federal Trade Commission Act of 1914, the HSR Act and all other federal, state, foreign, national or supranational Laws or Orders and other customary closing conditions. Closing is not subject to any financing condition. The merger agreement has been unanimously approved by the Boards of Directors of TFI International and Daseke. The transaction is expected to close during the second quarter of 2024. Management expects the transaction to be EPS-neutral to TFI International in 2024, and accretive by at least $0.5 per share in 2025 based on current market conditions. J.P. Morgan Securities LLC acted as exclusive financial advisor as well as fairness opinion provider and Jennifer Gasser, David Feirstein, Douglas Bacon, Lanchi Huynh and Stephen Jacobson of Kirkland & Ellis LLP acted as legal advisors to Daseke. Mark Scudder and Heidi Hornung-Scherr of Scudder Law Firm, P.C., L.L.O. served as TFI International’s legal advisor in connection with the transaction. J.P. Morgan Securities LLC acted as due diligence provider to Daseke. Continental Stock Transfer & Trust Company acted as transfer agent to Daseke. Daseke has retained D.F. King & Co., Inc. as its proxy solicitor for a fee not to exceed $20,000 plus reimbursement of its reasonable, out-of-pocket expenses for its services. or services rendered in connection with the Merger and the delivery of its opinion, Daseke has agreed to pay J.P. Morgan a fee of approximately $17.8 million, of which $5 million became payable upon delivery of the opinion and the remainder of which is contingent and payable upon the closing of the Merger. TFI International Inc. (TSX:TFII) completed the acquisition of Daseke, Inc. (NasdaqCM:DSKE) from a group of shareholders on April 1, 2024.Declared Dividend • Mar 21Fourth quarter dividend of US$0.40 announcedShareholders will receive a dividend of US$0.40. Ex-date: 27th March 2024 Payment date: 15th April 2024 Dividend yield will be 0.9%, which is lower than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 46% over the next 2 years, which should provide support to the dividend and adequate earnings cover.공시 • Mar 20TFI International Declares Quarterly Dividend, Payable on April 15, 2024The Board of Directors of TFI International Inc. declared a quarterly dividend of $0.40 per outstanding common share of its capital payable on April 15, 2024 to shareholders of record at the close of business on March 28, 2024.공시 • Mar 12TFI International Inc. (TSX:TFII) acquired Hercules Forwarding Inc.TFI International Inc. (TSX:TFII) acquired Hercules Forwarding Inc. on March 11, 2024. As of March 11, 2024, Hercules Forwarding Inc. reported a revenue of approximately $100 million for the year ended December 31, 2023. TFI International Inc. (TSX:TFII) completed the acquisition of Hercules Forwarding Inc. on March 11, 2024.New Risk • Mar 01New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: US$3.1m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks High level of debt (60% net debt to equity). Significant insider selling over the past 3 months (US$3.1m sold).Recent Insider Transactions • Mar 01President recently sold US$3.0m worth of stockOn the 27th of February, Alain Bedard sold around 20k shares on-market at roughly US$149 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Alain has been a net seller over the last 12 months, reducing personal holdings by US$4.2m.공시 • Feb 17TFI International Inc., Annual General Meeting, Apr 25, 2024TFI International Inc., Annual General Meeting, Apr 25, 2024.Reported Earnings • Feb 10Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: US$5.88 (down from US$9.21 in FY 2022). Revenue: US$7.52b (down 15% from FY 2022). Net income: US$504.9m (down 39% from FY 2022). Profit margin: 6.7% (down from 9.3% in FY 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.7%. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Transportation industry in the US. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.공시 • Jan 19TFI International Inc. to Report Q4, 2023 Results on Feb 08, 2024TFI International Inc. announced that they will report Q4, 2023 results After-Market on Feb 08, 2024공시 • Dec 24TFI International Inc. (TSX:TFII) entered into a definitive agreement to acquire Daseke, Inc. (NasdaqCM:DSKE) for approximately $400 million.TFI International Inc. (TSX:TFII) entered into a definitive agreement to acquire Daseke, Inc. (NasdaqCM:DSKE) for approximately $400 million on December 22, 2023. Subject to the terms of the agreement, Daseke common stockholders will receive $8.30 per share in cash. The total enterprise value of the transaction is approximately $1.1 billion, including the merger consideration for the common stock, retirement of Daseke’s outstanding preferred stock, payoff or assumption of outstanding debt, net of cash, and estimated transaction fees and expenses. Upon closing of the transaction, Daseke’s common stock will no longer be listed on any stock exchange, and Daseke will operate its portfolio of brands as part of TFI International’s Truckload segment. The transaction is subject to Daseke common stockholder approval, regulatory approvals and other customary closing conditions. Closing is not subject to any financing condition. The merger agreement has been unanimously approved by the Boards of Directors of TFI International and Daseke. The transaction is expected to close during the second quarter of 2024. Management expects the transaction to be EPS-neutral to TFI International in 2024, and accretive by at least $0.5 per share in 2025 based on current market conditions. J.P. Morgan Securities LLC acted as exclusive financial advisor and Jennifer Gasser, David Feirstein, Douglas Bacon, Lanchi Huynh and Stephen Jacobson of Kirkland & Ellis LLP acted as legal advisors to Daseke. Scudder Law Firm, P.C., L.L.O. served as TFI International’s legal advisor in connection with the transaction.Upcoming Dividend • Dec 21Upcoming dividend of US$0.40 per share at 1.3% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 15 January 2024. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of American dividend payers (4.5%). Lower than average of industry peers (1.6%).공시 • Dec 19TFI International Inc. Declares Quarterly Dividend, Payable on January 15, 2024TFI International Inc. declared a quarterly dividend of USD 0.40 per outstanding common share of its capital payable on January 15, 2024 to shareholders of record at the close of business on December 29, 2023.Seeking Alpha • Dec 13TFI International Readies For 2024 Consolidation OpportunitiesSummary TFI International Inc. provides transportation and logistics services in North America. Shipment volumes have decreased in 2023, requiring the industry to increase efficiency. The company's financial trends have been impacted by lower activity and high fuel prices, but earnings have improved slightly. In the near term, I'm Neutral [Hold] on TFI International Inc. Read the full article on Seeking AlphaReported Earnings • Oct 25Third quarter 2023 earnings: EPS misses analyst expectationsThird quarter 2023 results: EPS: US$1.55 (down from US$2.78 in 3Q 2022). Revenue: US$1.91b (down 15% from 3Q 2022). Net income: US$133.3m (down 46% from 3Q 2022). Profit margin: 7.0% (down from 11% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.2%. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Transportation industry in the US. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.공시 • Oct 05TFI International Inc. to Report Q3, 2023 Results on Oct 02, 2023TFI International Inc. announced that they will report Q3, 2023 results on Oct 02, 2023Seeking Alpha • Sep 28TFI International: Durable Competitive Advantages With Attractive Economic ValueSummary TFI International Inc.'s shares have risen 37% in the past year, driven by a number of factors. Despite revenue downsides in Q2, the company has maintained profitability and is optimistic about industry trends. The company has created economic value through capital allocation, NWC efficiencies, and returns on investment, hallmarks of a company with durable competitive advantages. Read the full article on Seeking AlphaUpcoming Dividend • Sep 21Upcoming dividend of US$0.35 per share at 1.1% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 16 October 2023. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of American dividend payers (5.0%). Lower than average of industry peers (1.8%).공시 • Sep 19TFI International Inc. Declares Quarterly Dividend, Payable on October 16, 2023The Board of Directors of TFI International Inc. declared a quarterly dividend of USD 0.35 per outstanding common share of its capital payable on October 16, 2023 to shareholders of record at the close of business on September 29, 2023.공시 • Sep 06TFI International Inc. (TSX:TFII) acquired The Vedder Transportation Group.TFI International Inc. (TSX:TFII) acquired The Vedder Transportation Group on September 5, 2023. Vedder generates annual revenues in excess of CAD 80 million. Run by President Fred Zweep, Vedder will join TFI International’s Specialized Truckload business segment. TFI International Inc. (TSX:TFII) completed the acquisition of The Vedder Transportation Group on September 5, 2023.공시 • Aug 18TFI International Inc. (TSX:TFII) acquired JHT Holdings, Inc.TFI International Inc. (TSX:TFII) agreed to acquire JHT Holdings, Inc. on August 7, 2023. JHT Holdings, Inc. is generating annual revenues of more than US $500 million. Chief Executive Officer John Harrington and his team will join TFI International Inc. The transaction is subject to customary closing adjustments and is expected to close during the third quarter 2023. TFI International Inc. (TSX:TFII) completed the acquisition of JHT Holdings, Inc. on August 16, 2023. Morgan Stanley acted as financial advisor to JHT Holdings, Inc.공시 • Aug 09TFI International Inc. (TSX:TFII) has agreed to acquire JHT Holdings, Inc.TFI International Inc. (TSX:TFII) has agreed to acquire JHT Holdings, Inc. on August 7, 2023. JHT Holdings, Inc. is generating annual revenues of more than US $500 million. Chief Executive Officer John Harrington and his team will join TFI International Inc. The transaction is subject to customary closing adjustments and is expected to close during the third quarter 2023.Price Target Changed • Aug 02Price target increased by 11% to US$148Up from US$133, the current price target is an average from 13 analysts. New target price is 13% above last closing price of US$131. Stock is up 28% over the past year. The company is forecast to post earnings per share of US$6.12 for next year compared to US$9.21 last year.Reported Earnings • Aug 01Second quarter 2023 earnings: EPS and revenues miss analyst expectationsSecond quarter 2023 results: EPS: US$1.49 (down from US$3.05 in 2Q 2022). Revenue: US$1.79b (down 26% from 2Q 2022). Net income: US$128.2m (down 54% from 2Q 2022). Profit margin: 7.2% (down from 11% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 6.4%. Earnings per share (EPS) also missed analyst estimates by 12%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Transportation industry in the US. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.공시 • Jul 28TFI International Inc. Appoints Sébastien Martel to its Board of Directors, Effective July 31, 2023TFI International Inc. announced that Sébastien Martel will join its Board of Directors, effective July 31, 2023. Mr. Martel is the Chief Financial Officer of BRP Inc. He has been with BRP for nearly 20 years, serving as CFO since 2014. A registered CPA, Mr. Martel holds a Bachelor degree in Accountancy from McGill University.공시 • Jul 14TFI International Inc. (TSX:TFII) completed the acquisition of Siemens Transportation Group Inc. from the family.TFI International Inc. (TSX:TFII) agreed to acquire Siemens Transportation Group Inc. from the family on May 1, 2023. STG generated approximately CAD 150 million of revenue. STG’s Doug Siemens will continue to manage the business as part of TFI’s Less-ThanTruckload segment, reporting to Executive Vice-President Chris Traikos. The transaction is subject to regulatory approval.TFI International Inc. (TSX:TFII) completed the acquisition of Siemens Transportation Group Inc. from the family on July 13, 2023.공시 • Jul 12TFI International Inc. to Report Q2, 2023 Results on Jul 31, 2023TFI International Inc. announced that they will report Q2, 2023 results After-Market on Jul 31, 2023Seeking Alpha • Jul 06TFI International: Technological Improvements Leading To Performance OptimizationSummary TFI International Inc. has seen significant growth, tripling since 2020 due to its fair dividend, strong return on invested capital, positive future outlook, solid balance sheet, undervaluation, and improved operations through technology. Despite disappointing recent earnings, TFI has outperformed the S&P 500 over the past three years and analysts rate it as a strong buy, with a potential upside of 14.43%. TFI has invested in technology-driven solutions to improve operational efficiency and cost optimization, which has led to increased financial performance and profitability. Assuming my DCF figures, TFI is currently undervalued, resulting in a buy rating. Read the full article on Seeking AlphaUpcoming Dividend • Jun 22Upcoming dividend of US$0.35 per share at 1.3% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 17 July 2023. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of American dividend payers (4.9%). Lower than average of industry peers (1.9%).공시 • Jun 16TFI International Inc. Declares Quarterly Dividend, Payable on July 17, 2023The Board of Directors of TFI International Inc. declared a quarterly dividend of USD 0.35 per outstanding common share of its capital payable on July 17, 2023 to shareholders of record at the close of business on June 30, 2023.Reported Earnings • Apr 27First quarter 2023 earnings: EPS and revenues miss analyst expectationsFirst quarter 2023 results: EPS: US$1.29 (down from US$1.61 in 1Q 2022). Revenue: US$1.85b (down 16% from 1Q 2022). Net income: US$111.9m (down 24% from 1Q 2022). Profit margin: 6.0% (down from 6.7% in 1Q 2022). Revenue missed analyst estimates by 4.2%. Earnings per share (EPS) also missed analyst estimates by 14%. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Transportation industry in the US. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth.Recent Insider Transactions • Mar 30President recently sold US$2.2m worth of stockOn the 24th of March, Alain Bedard sold around 20k shares on-market at roughly US$111 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$3.9m. Alain has been a net seller over the last 12 months, reducing personal holdings by US$3.1m.Upcoming Dividend • Mar 23Upcoming dividend of US$0.35 per share at 1.2% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 17 April 2023. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of American dividend payers (4.6%). Lower than average of industry peers (2.4%).Seeking Alpha • Feb 21TFI International acquires Axsun GroupTransportation and logistics services provider, TFI International (NYSE:TFII) acquires Axsun Group Axsun Group is based in Montreal operating out of multiple locations across Canada and the US, providing an integrated mix of intermodal services as well as over-the-road highway, drayage, logistics and warehousing on a primarily asset light basis. Axsun President and CEO Steve Ramescu, operates a small fleet of ~20 tractors and 300 trailers, generating annualized revenues of ~C$90M. He will continue to run the business as part of TFI International’s Logistics segment, reporting to TFI senior executive VP Steven Brookshaw. Transaction terms not disclosed.Recent Insider Transactions • Feb 20Independent Director recently sold US$3.9m worth of stockOn the 16th of February, Joey Saputo sold around 30k shares on-market at roughly US$128 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$7.2m more than they bought in the last 12 months.Recent Insider Transactions • Feb 10Chief Financial Officer recently bought US$941k worth of stockOn the 7th of February, David Saperstein bought around 8k shares on-market at roughly US$115 per share. This transaction amounted to 63% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was David's only on-market trade for the last 12 months.공시 • Feb 09TFI International Inc. Provides Earnings Guidance for the Year 2023TFI International Inc. provided earnings guidance for the year 2023. For the year, the group expect $7.50 to $7.60 of earnings per share.Reported Earnings • Feb 07Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2022 results: EPS: US$9.21 (up from US$7.14 in FY 2021). Revenue: US$8.81b (up 22% from FY 2021). Net income: US$823.2m (up 24% from FY 2021). Profit margin: 9.3% (up from 9.2% in FY 2021). Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) exceeded analyst estimates by 1.8%. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Transportation industry in the US. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 56% per year, which means it is tracking significantly ahead of earnings growth.주주 수익률TFIIUS TransportationUS 시장7D4.9%-0.8%1.0%1Y71.3%12.1%28.7%전체 주주 수익률 보기수익률 대 산업: TFII은 지난 1년 동안 12.1%의 수익을 기록한 US Transportation 산업보다 더 좋은 성과를 냈습니다.수익률 대 시장: TFII은 지난 1년 동안 28.7%를 기록한 US 시장보다 더 좋은 성과를 냈습니다.주가 변동성Is TFII's price volatile compared to industry and market?TFII volatilityTFII Average Weekly Movement5.6%Transportation Industry Average Movement6.6%Market Average Movement7.2%10% most volatile stocks in US Market16.4%10% least volatile stocks in US Market3.1%안정적인 주가: TFII는 지난 3개월 동안 US 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: TFII의 주간 변동성(6%)은 지난 1년 동안 안정적이었습니다.회사 소개설립직원 수CEO웹사이트195726,354Alain Bedardwww.tfiintl.com는 자회사와 함께 미국, 캐나다, 멕시코에서 운송 및 물류 서비스를 제공합니다. 이 회사는 소량화물(LTL), 트럭화물(TL) 및 물류 부문을 통해 운영됩니다. 소량화물 부문은 더 작은 화물의 픽업, 통합, 운송 및 배송에 관여합니다.더 보기TFI International Inc. 기초 지표 요약TFI International의 순이익과 매출은 시가총액과 어떻게 비교됩니까?TFII 기초 통계시가총액US$11.94b순이익 (TTM)US$297.83m매출 (TTM)US$7.87b40.8x주가수익비율(P/E)1.5x주가매출비율(P/S)TFII는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표TFII 손익계산서 (TTM)매출US$7.87b매출원가US$6.30b총이익US$1.57b기타 비용US$1.27b순이익US$297.83m최근 보고된 실적Mar 31, 2026다음 실적 발표일해당 없음주당순이익(EPS)3.62총이익률19.89%순이익률3.78%부채/자본 비율96.4%TFII의 장기 실적은 어땠습니까?과거 실적 및 비교 보기배당1.3%현재 배당 수익률51%배당 성향View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/22 16:19종가2026/05/22 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스TFI International Inc.는 26명의 분석가가 다루고 있습니다. 이 중 13명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Will ChienAccountability Research CorporationMaxim SytchevATB CormarkDavid OcampoATB Cormark Historical (Cormark Securities)23명의 분석가 더 보기
Seeking Alpha • May 16TFI International: The Road To Market Recovery Is Still UncertainSummary TFI International has demonstrated resilience amid inflation, cost pressures, and volatile freight demand, maintaining stable margins and liquidity. TFII's valuation appears fully priced at $142, with target prices from both P/S and DDM models suggesting downside risk ($137.41 and $139.73, respectively). Technical indicators remain bullish but signal narrowing buying room and potential for renewed profit-taking as momentum softens. I reiterate a hold rating on TFII, balancing operational stability against market risks and a stretched valuation. Read the full article on Seeking Alpha
New Risk • May 03New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: US$3.2m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks High level of debt (89% net debt to equity). Significant insider selling over the past 3 months (US$3.2m sold).
Recent Insider Transactions • May 03President recently sold US$3.2m worth of stockOn the 29th of April, Alain Bedard sold around 22k shares on-market at roughly US$144 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Alain has been a net seller over the last 12 months, reducing personal holdings by US$3.2m.
Price Target Changed • Apr 28Price target increased by 15% to US$147Up from US$128, the current price target is an average from 11 analysts. New target price is approximately in line with last closing price of US$145. Stock is up 79% over the past year. The company is forecast to post earnings per share of US$4.69 for next year compared to US$3.74 last year.
Reported Earnings • Apr 28First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: US$0.53 (down from US$0.67 in 1Q 2025). Revenue: US$1.95b (flat on 1Q 2025). Net income: US$43.3m (down 23% from 1Q 2025). Profit margin: 2.2% (down from 2.9% in 1Q 2025). Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) also surpassed analyst estimates by 22%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Transportation industry in the US. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
공시 • Mar 31TFI International Inc. to Report Q1, 2026 Results on Apr 27, 2026TFI International Inc. announced that they will report Q1, 2026 results After-Market on Apr 27, 2026
Seeking Alpha • May 16TFI International: The Road To Market Recovery Is Still UncertainSummary TFI International has demonstrated resilience amid inflation, cost pressures, and volatile freight demand, maintaining stable margins and liquidity. TFII's valuation appears fully priced at $142, with target prices from both P/S and DDM models suggesting downside risk ($137.41 and $139.73, respectively). Technical indicators remain bullish but signal narrowing buying room and potential for renewed profit-taking as momentum softens. I reiterate a hold rating on TFII, balancing operational stability against market risks and a stretched valuation. Read the full article on Seeking Alpha
New Risk • May 03New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: US$3.2m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks High level of debt (89% net debt to equity). Significant insider selling over the past 3 months (US$3.2m sold).
Recent Insider Transactions • May 03President recently sold US$3.2m worth of stockOn the 29th of April, Alain Bedard sold around 22k shares on-market at roughly US$144 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Alain has been a net seller over the last 12 months, reducing personal holdings by US$3.2m.
Price Target Changed • Apr 28Price target increased by 15% to US$147Up from US$128, the current price target is an average from 11 analysts. New target price is approximately in line with last closing price of US$145. Stock is up 79% over the past year. The company is forecast to post earnings per share of US$4.69 for next year compared to US$3.74 last year.
Reported Earnings • Apr 28First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: US$0.53 (down from US$0.67 in 1Q 2025). Revenue: US$1.95b (flat on 1Q 2025). Net income: US$43.3m (down 23% from 1Q 2025). Profit margin: 2.2% (down from 2.9% in 1Q 2025). Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) also surpassed analyst estimates by 22%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Transportation industry in the US. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
공시 • Mar 31TFI International Inc. to Report Q1, 2026 Results on Apr 27, 2026TFI International Inc. announced that they will report Q1, 2026 results After-Market on Apr 27, 2026
Declared Dividend • Mar 19Fourth quarter dividend of US$0.47 announcedShareholders will receive a dividend of US$0.47. Ex-date: 31st March 2026 Payment date: 15th April 2026 Dividend yield will be 1.9%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (49% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 46% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
공시 • Mar 18TFI International Inc. Announces Quarterly Dividend, Payable on April 15, 2026TFI International Inc. declared a quarterly dividend of USD 0.47 per outstanding common share of its capital payable on April 15, 2026 to shareholders of record at the close of business on March 31, 2026.
공시 • Feb 24TFI International Inc., Annual General Meeting, Apr 27, 2026TFI International Inc., Annual General Meeting, Apr 27, 2026. Location: quebec, montreal Canada
Reported Earnings • Feb 19Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: US$3.74 (down from US$5.00 in FY 2024). Revenue: US$7.88b (down 6.1% from FY 2024). Net income: US$310.6m (down 27% from FY 2024). Profit margin: 3.9% (down from 5.0% in FY 2024). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.4%. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Transportation industry in the US. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
New Risk • Feb 19New major risk - Revenue and earnings growthEarnings have declined by 8.4% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 8.4% per year over the past 5 years. Minor Risks High level of debt (89% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
공시 • Feb 18TFI International Inc. Announces Board ChangesTFI International Inc. announced the upcoming retirement of independent director André Bérard after 23 years on the Company’s Board. Mr. Bérard has stepped down from his position as Lead Director but will remain on the Board until the Company’s annual meeting on April 27, 2026. TFI also announced that existing Board member Diane Giard will become the Company’s new Lead Director. Ms. Giard has been an Independent Director of the Company since 2018 and has served as a member of the Audit Committee. She was a former Executive Vice-President of the National Bank of Canada and Senior Vice-President of Scotiabank. Ms. Giard serves on the Board of Bombardier Inc., was ranked among the Top 25 in Quebec’s financial industry seven times, and was named one of Canada’s Most Powerful Women by the Women’s Executive Network in 2014 and 2015.
공시 • Jan 21+ 1 more updateTFI International Inc. to Report Q4, 2025 Results on Feb 17, 2026TFI International Inc. announced that they will report Q4, 2025 results After-Market on Feb 17, 2026
Price Target Changed • Jan 12Price target increased by 7.4% to US$117Up from US$109, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of US$112. Stock is down 16% over the past year. The company is forecast to post earnings per share of US$3.60 for next year compared to US$5.00 last year.
New Risk • Dec 21New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: US$1.0m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks High level of debt (89% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Significant insider selling over the past 3 months (US$1.0m sold).
공시 • Dec 16TFI International Declares Quarterly Dividend, Payable on January 15, 2026The Board of Directors of TFI International Inc. declared a quarterly dividend of USD 0.47 per outstanding common share of its capital payable on January 15, 2026 to shareholders of record at the close of business on December 31, 2025. As previously announced on October 30, 2025, the new quarterly dividend of USD 0.47 per outstanding common share represents a 4% increase over the previous quarterly dividend of USD 0.45 per outstanding common share.
Recent Insider Transactions • Nov 19Chief Financial Officer recently sold US$404k worth of stockOn the 13th of November, David Saperstein sold around 5k shares on-market at roughly US$85.64 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. David has been a net seller over the last 12 months, reducing personal holdings by US$489k.
Recent Insider Transactions • Nov 17Chief Financial Officer recently sold US$404k worth of stockOn the 13th of November, David Saperstein sold around 5k shares on-market at roughly US$85.64 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was David's only on-market trade for the last 12 months.
Declared Dividend • Nov 03Third quarter dividend increased to US$0.47Dividend of US$0.47 is 4.4% higher than last year. Ex-date: 31st December 2025 Payment date: 15th January 2026 Dividend yield will be 2.0%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (46% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 54% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Board Change • Nov 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 4 highly experienced directors. Independent Director Sebastien Martel was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
New Risk • Oct 31New major risk - Revenue and earnings growthEarnings have declined by 2.6% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.6% per year over the past 5 years. Minor Risks High level of debt (90% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
공시 • Oct 31TFI International Inc. Announces Quarterly Dividend, Payable on January 15, 2026On October 30, 2025, TFI International Inc. approved an increase to the quarterly dividend to $0.47 per outstanding common share of the Company's capital, to be declared in December and payable on January 15, 2026, to shareholders of record at the close of business on December 31, 2025, for an expected aggregate amount of $38.7 million.
공시 • Oct 10TFI International Inc. to Report Q3, 2025 Results on Oct 30, 2025TFI International Inc. announced that they will report Q3, 2025 results After-Market on Oct 30, 2025
Declared Dividend • Sep 18Second quarter dividend of US$0.45 announcedShareholders will receive a dividend of US$0.45. Ex-date: 30th September 2025 Payment date: 15th October 2025 Dividend yield will be 1.9%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (20% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 68% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • Sep 16TFI International Inc. Declares Quarterly Dividend, Payable on October 15, 2025The Board of Directors of TFI International Inc. declared a quarterly dividend of USD 0.45 per outstanding common share of its capital payable on October 15, 2025 to shareholders of record at the close of business on September 30, 2025.
Reported Earnings • Jul 29Second quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2025 results: EPS: US$1.18 (down from US$1.39 in 2Q 2024). Revenue: US$2.04b (down 10.0% from 2Q 2024). Net income: US$98.2m (down 17% from 2Q 2024). Profit margin: 4.8% (down from 5.2% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) exceeded analyst estimates by 7.8%. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Transportation industry in the US. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
공시 • Jul 08TFI International Inc. to Report Q2, 2025 Results on Jul 28, 2025TFI International Inc. announced that they will report Q2, 2025 results After-Market on Jul 28, 2025
Upcoming Dividend • Jun 23Upcoming dividend of US$0.45 per shareEligible shareholders must have bought the stock before 30 June 2025. Payment date: 15 July 2025. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of American dividend payers (4.8%). In line with average of industry peers (1.9%).
공시 • Jun 18TFI International Declares Quarterly Dividend, Payable on July 15, 2025The Board of Directors of TFI International Inc. declared a quarterly dividend of USD 0.45 per outstanding common share of its capital payable on July 15, 2025 to shareholders of record at the close of business on June 30, 2025.
Declared Dividend • Apr 27First quarter dividend of US$0.45 announcedShareholders will receive a dividend of US$0.45. Ex-date: 30th June 2025 Payment date: 15th July 2025 Dividend yield will be 2.2%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (37% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 19% over the next year, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Apr 24First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: EPS: US$0.67 (down from US$1.10 in 1Q 2024). Revenue: US$1.96b (up 5.0% from 1Q 2024). Net income: US$56.0m (down 40% from 1Q 2024). Profit margin: 2.9% (down from 5.0% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 4.5%. Earnings per share (EPS) also missed analyst estimates by 15%. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Transportation industry in the US. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Price Target Changed • Apr 07Price target decreased by 8.1% to US$120Down from US$131, the current price target is an average from 12 analysts. New target price is 57% above last closing price of US$76.45. Stock is down 52% over the past year. The company is forecast to post earnings per share of US$5.06 for next year compared to US$5.00 last year.
공시 • Apr 04TFI International Inc. to Report Q1, 2025 Results on Apr 23, 2025TFI International Inc. announced that they will report Q1, 2025 results After-Market on Apr 23, 2025
Declared Dividend • Mar 20Fourth quarter dividend of US$0.45 announcedShareholders will receive a dividend of US$0.45. Ex-date: 31st March 2025 Payment date: 15th April 2025 Dividend yield will be 2.0%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 43% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
공시 • Mar 20Bragar Eagel & Squire, P.C. Files Class Action Lawsuit Against TFI International IncBragar Eagel & Squire, P.C announced that a class action lawsuit has been filed against TFI International Inc. in the United States District Court for the Southern District of New York on behalf of all persons and entities who purchased or otherwise acquired TFI securities between April 26, 2024 and February 19, 2025, both dates inclusive (the “Class Period”). Investors have until May 13, 2025 to apply to the Court to be appointed as lead plaintiff in the lawsuit. The Complaint alleges that throughout the Class Period, Defendants made false and/or misleading statements, as well as failed to disclose material facts regarding TFI's business, operations, and prospects, including allegations that: (1) TFI was losing small and medium business customers; (2) as a result, the Company's TForce revenue was declining; (3) TFI was experiencing difficulties managing its costs; and (4) as a result of the foregoing, the profitability of its larger business segment was declining.
공시 • Mar 18TFI International Inc. Declares Quarterly Dividend, Payable on April 15, 2025The Board of Directors of TFI International Inc. declared a quarterly dividend of USD 0.45 per outstanding common share of its capital payable on April 15, 2025 to shareholders of record at the close of business on March 31, 2025.
Valuation Update With 7 Day Price Move • Feb 26Investor sentiment deteriorates as stock falls 28%After last week's 28% share price decline to US$91.27, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 26x in the Transportation industry in the US. Total loss to shareholders of 11% over the past three years.
공시 • Feb 25TFI International Inc., Annual General Meeting, Apr 23, 2025TFI International Inc., Annual General Meeting, Apr 23, 2025. Location: montreal, quebec Canada
Price Target Changed • Feb 21Price target decreased by 9.3% to US$143Down from US$157, the current price target is an average from 12 analysts. New target price is 51% above last closing price of US$94.71. Stock is down 36% over the past year. The company is forecast to post earnings per share of US$6.29 for next year compared to US$5.00 last year.
Reported Earnings • Feb 20Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: US$5.00 (down from US$5.88 in FY 2023). Revenue: US$8.40b (up 12% from FY 2023). Net income: US$422.5m (down 16% from FY 2023). Profit margin: 5.0% (down from 6.7% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 9.4%. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Transportation industry in the US. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Seeking Alpha • Jan 25TFI International: Expertly Expanding And Navigating A Tough EnvironmentSummary TFI International, Inc. shows stable topline growth amid its expansion and an erratic environment. Excellent liquidity is one of its core strengths. The market is geared towards its recovery, so its sustained acquisition can help it accommodate new demand. The TP of $141.08 using the DCF Model shows that the current price is a good entry point. Technical analysis supports my bullish outlook of TFII. Read the full article on Seeking Alpha
공시 • Jan 23TFI International Inc. to Report Q4, 2024 Results on Feb 19, 2025TFI International Inc. announced that they will report Q4, 2024 results After-Market on Feb 19, 2025
Recent Insider Transactions • Jan 03Independent Director recently bought US$685k worth of stockOn the 30th of December, William England bought around 5k shares on-market at roughly US$137 per share. This transaction increased William's direct individual holding by 2x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold US$984k more in shares than they bought in the last 12 months.
Upcoming Dividend • Dec 24Upcoming dividend of US$0.45 per shareEligible shareholders must have bought the stock before 31 December 2024. Payment date: 15 January 2025. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of American dividend payers (4.5%). Lower than average of industry peers (1.8%).
Seeking Alpha • Dec 20TFI International - Monitor Before Pulling The TriggerSummary TFI International is a large North American logistics company, but mixed segment performance and economic uncertainties make me rate it as a Hold. FY2023 saw significant revenue and earnings declines; In 2024, LTL segment has struggled, while Truckload and Logistics segments showed promise. Key risks include fuel price volatility, labor shortages, and aggressive financial targets, which could impact future performance and investor confidence. Despite a diversified portfolio, the stock appears fully valued; I forecast the stock making a slight upward move to $221 CAD ($154 USD) in 2025. Read the full article on Seeking Alpha
Declared Dividend • Oct 24Dividend of US$0.45 announcedShareholders will receive a dividend of US$0.45. Ex-date: 31st December 2024 Payment date: 15th January 2025 Dividend yield will be 1.2%, which is lower than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (7% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 59% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
공시 • Oct 23TFI International Inc. Announces the Retirement of Neil Manning as Independent DirectorTFI International Inc. announced the retirement of independent director Neil Manning after 11 years on the Company’s Board, effective October 22, 2024.
Reported Earnings • Oct 22Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: US$1.51 (down from US$1.55 in 3Q 2023). Revenue: US$2.18b (up 14% from 3Q 2023). Net income: US$128.0m (down 4.0% from 3Q 2023). Profit margin: 5.9% (down from 7.0% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) also missed analyst estimates by 11%. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Transportation industry in the US. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
공시 • Oct 22TFI International Inc. Approves Quarterly Dividend on Common Shares, Payable on January 15, 2025On October 21, 2024, the Board of Directors of TFI International Inc. approved a quarterly dividend of $0.45 per outstanding common share of the Company’s capital, for an expected aggregate payment of $38.1 million to be paid on January 15, 2025, to shareholders of record at the close of business on December 31, 2024.
Seeking Alpha • Oct 08TFI International: A Top Value Play In Transport And LogisticsSummary TFI International has completed over 125 acquisitions since 2008, boosting its market cap by nearly 2,800%. Trading at a significant discount to its historical valuation multiples, TFII has a 20-25% potential upside based on earnings growth and DDM analysis. With a five-year dividend CAGR of 17% and strong free cash flow generation, the Company offers substantial value and growing returns for dividend-focused investors. Read the full article on Seeking Alpha
공시 • Oct 01TFI International Inc. to Report Q3, 2024 Results on Oct 21, 2024TFI International Inc. announced that they will report Q3, 2024 results After-Market on Oct 21, 2024
Declared Dividend • Sep 19Second quarter dividend of US$0.40 announcedShareholders will receive a dividend of US$0.40. Ex-date: 30th September 2024 Payment date: 15th October 2024 Dividend yield will be 1.1%, which is lower than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 103% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • Sep 17TFI International Inc. Declares Quarterly Dividend on Common Shares, Payable on October 15, 2024The Board of Directors of TFI International Inc. declared a quarterly dividend of $0.40 per outstanding common share of its capital payable on October 15, 2024 to shareholders of record at the close of business on September 30, 2024.
공시 • Jul 27TFI International Inc. Provides Earnings Guidance for the Full Year 2024TFI International Inc. provided earnings guidance for the full year 2024. For the period, the company expected EPS to be in the range of $6.75 to $7.
Reported Earnings • Jul 26Second quarter 2024 earnings: EPS and revenues miss analyst expectationsSecond quarter 2024 results: EPS: US$1.39 (down from US$1.49 in 2Q 2023). Revenue: US$2.26b (up 26% from 2Q 2023). Net income: US$117.8m (down 8.2% from 2Q 2023). Profit margin: 5.2% (down from 7.2% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 9.9%. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Transportation industry in the US. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Seeking Alpha • Jul 24TFI International: Capital Deployment, Valuation Make Stock A Compelling BuySummary TFI International shares continue to advance on strong fundamentals. Management continue deploying cash along an extensive reinvestment runway at an above-industry advantage. There are several advantages TFII enjoys over peers leading to an attractive outlook. At 2.8x EV/IC implies TFII is worth >$170 per share today. Read the full article on Seeking Alpha
공시 • Jul 04TFI International Inc. to Report Q2, 2024 Results on Jul 25, 2024TFI International Inc. announced that they will report Q2, 2024 results After-Market on Jul 25, 2024
Declared Dividend • Jun 20First quarter dividend of US$0.40 announcedShareholders will receive a dividend of US$0.40. Ex-date: 28th June 2024 Payment date: 15th July 2024 Dividend yield will be 1.1%, which is lower than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (26% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 24% over the next year, which should provide support to the dividend and adequate earnings cover.
공시 • Jun 18TFI International Inc. Declares Quarterly Dividend on Common Shares, Payable on July 15, 2024The Board of Directors of TFI International Inc. declared a quarterly dividend of $0.40 per outstanding common share of its capital payable on July 15, 2024 to shareholders of record at the close of business on June 28, 2024.
Reported Earnings • Apr 26First quarter 2024 earnings: EPS misses analyst expectationsFirst quarter 2024 results: EPS: US$1.10 (down from US$1.29 in 1Q 2023). Revenue: US$1.87b (up 1.1% from 1Q 2023). Net income: US$92.8m (down 17% from 1Q 2023). Profit margin: 5.0% (down from 6.0% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 18%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Transportation industry in the US. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Apr 05TFI International Inc. to Report Q1, 2024 Results on Apr 25, 2024TFI International Inc. announced that they will report Q1, 2024 results After-Market on Apr 25, 2024
공시 • Apr 02TFI International Inc. (TSX:TFII) completed the acquisition of Daseke, Inc. (NasdaqCM:DSKE) from a group of shareholders.TFI International Inc. (TSX:TFII) entered into a definitive agreement to acquire Daseke, Inc. (NasdaqCM:DSKE) from a group of shareholders for approximately $410 million on December 22, 2023. Subject to the terms of the agreement, Daseke common stockholders will receive $8.30 per share in cash. The total enterprise value of the transaction is approximately $1.1 billion, including the merger consideration for the common stock, retirement of Daseke’s outstanding preferred stock, payoff or assumption of outstanding debt, net of cash, and estimated transaction fees and expenses. Upon closing of the transaction, Daseke’s common stock will no longer be listed on any stock exchange, and Daseke will operate its portfolio of brands as part of TFI International’s Truckload segment. In the event of termination, Daseke, Inc. will be obligated to pay $12.45 million as a termination fee to TFI International. The transaction is subject to Daseke common stockholder approval, regulatory approvals, expiration or termination of waiting period under the Sherman Act of 1890, the Clayton Act of 1914, the Federal Trade Commission Act of 1914, the HSR Act and all other federal, state, foreign, national or supranational Laws or Orders and other customary closing conditions. Closing is not subject to any financing condition. The merger agreement has been unanimously approved by the Boards of Directors of TFI International and Daseke. The transaction is expected to close during the second quarter of 2024. Management expects the transaction to be EPS-neutral to TFI International in 2024, and accretive by at least $0.5 per share in 2025 based on current market conditions. J.P. Morgan Securities LLC acted as exclusive financial advisor as well as fairness opinion provider and Jennifer Gasser, David Feirstein, Douglas Bacon, Lanchi Huynh and Stephen Jacobson of Kirkland & Ellis LLP acted as legal advisors to Daseke. Mark Scudder and Heidi Hornung-Scherr of Scudder Law Firm, P.C., L.L.O. served as TFI International’s legal advisor in connection with the transaction. J.P. Morgan Securities LLC acted as due diligence provider to Daseke. Continental Stock Transfer & Trust Company acted as transfer agent to Daseke. Daseke has retained D.F. King & Co., Inc. as its proxy solicitor for a fee not to exceed $20,000 plus reimbursement of its reasonable, out-of-pocket expenses for its services. or services rendered in connection with the Merger and the delivery of its opinion, Daseke has agreed to pay J.P. Morgan a fee of approximately $17.8 million, of which $5 million became payable upon delivery of the opinion and the remainder of which is contingent and payable upon the closing of the Merger. TFI International Inc. (TSX:TFII) completed the acquisition of Daseke, Inc. (NasdaqCM:DSKE) from a group of shareholders on April 1, 2024.
Declared Dividend • Mar 21Fourth quarter dividend of US$0.40 announcedShareholders will receive a dividend of US$0.40. Ex-date: 27th March 2024 Payment date: 15th April 2024 Dividend yield will be 0.9%, which is lower than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 46% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
공시 • Mar 20TFI International Declares Quarterly Dividend, Payable on April 15, 2024The Board of Directors of TFI International Inc. declared a quarterly dividend of $0.40 per outstanding common share of its capital payable on April 15, 2024 to shareholders of record at the close of business on March 28, 2024.
공시 • Mar 12TFI International Inc. (TSX:TFII) acquired Hercules Forwarding Inc.TFI International Inc. (TSX:TFII) acquired Hercules Forwarding Inc. on March 11, 2024. As of March 11, 2024, Hercules Forwarding Inc. reported a revenue of approximately $100 million for the year ended December 31, 2023. TFI International Inc. (TSX:TFII) completed the acquisition of Hercules Forwarding Inc. on March 11, 2024.
New Risk • Mar 01New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: US$3.1m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks High level of debt (60% net debt to equity). Significant insider selling over the past 3 months (US$3.1m sold).
Recent Insider Transactions • Mar 01President recently sold US$3.0m worth of stockOn the 27th of February, Alain Bedard sold around 20k shares on-market at roughly US$149 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Alain has been a net seller over the last 12 months, reducing personal holdings by US$4.2m.
공시 • Feb 17TFI International Inc., Annual General Meeting, Apr 25, 2024TFI International Inc., Annual General Meeting, Apr 25, 2024.
Reported Earnings • Feb 10Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: US$5.88 (down from US$9.21 in FY 2022). Revenue: US$7.52b (down 15% from FY 2022). Net income: US$504.9m (down 39% from FY 2022). Profit margin: 6.7% (down from 9.3% in FY 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.7%. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Transportation industry in the US. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Jan 19TFI International Inc. to Report Q4, 2023 Results on Feb 08, 2024TFI International Inc. announced that they will report Q4, 2023 results After-Market on Feb 08, 2024
공시 • Dec 24TFI International Inc. (TSX:TFII) entered into a definitive agreement to acquire Daseke, Inc. (NasdaqCM:DSKE) for approximately $400 million.TFI International Inc. (TSX:TFII) entered into a definitive agreement to acquire Daseke, Inc. (NasdaqCM:DSKE) for approximately $400 million on December 22, 2023. Subject to the terms of the agreement, Daseke common stockholders will receive $8.30 per share in cash. The total enterprise value of the transaction is approximately $1.1 billion, including the merger consideration for the common stock, retirement of Daseke’s outstanding preferred stock, payoff or assumption of outstanding debt, net of cash, and estimated transaction fees and expenses. Upon closing of the transaction, Daseke’s common stock will no longer be listed on any stock exchange, and Daseke will operate its portfolio of brands as part of TFI International’s Truckload segment. The transaction is subject to Daseke common stockholder approval, regulatory approvals and other customary closing conditions. Closing is not subject to any financing condition. The merger agreement has been unanimously approved by the Boards of Directors of TFI International and Daseke. The transaction is expected to close during the second quarter of 2024. Management expects the transaction to be EPS-neutral to TFI International in 2024, and accretive by at least $0.5 per share in 2025 based on current market conditions. J.P. Morgan Securities LLC acted as exclusive financial advisor and Jennifer Gasser, David Feirstein, Douglas Bacon, Lanchi Huynh and Stephen Jacobson of Kirkland & Ellis LLP acted as legal advisors to Daseke. Scudder Law Firm, P.C., L.L.O. served as TFI International’s legal advisor in connection with the transaction.
Upcoming Dividend • Dec 21Upcoming dividend of US$0.40 per share at 1.3% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 15 January 2024. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of American dividend payers (4.5%). Lower than average of industry peers (1.6%).
공시 • Dec 19TFI International Inc. Declares Quarterly Dividend, Payable on January 15, 2024TFI International Inc. declared a quarterly dividend of USD 0.40 per outstanding common share of its capital payable on January 15, 2024 to shareholders of record at the close of business on December 29, 2023.
Seeking Alpha • Dec 13TFI International Readies For 2024 Consolidation OpportunitiesSummary TFI International Inc. provides transportation and logistics services in North America. Shipment volumes have decreased in 2023, requiring the industry to increase efficiency. The company's financial trends have been impacted by lower activity and high fuel prices, but earnings have improved slightly. In the near term, I'm Neutral [Hold] on TFI International Inc. Read the full article on Seeking Alpha
Reported Earnings • Oct 25Third quarter 2023 earnings: EPS misses analyst expectationsThird quarter 2023 results: EPS: US$1.55 (down from US$2.78 in 3Q 2022). Revenue: US$1.91b (down 15% from 3Q 2022). Net income: US$133.3m (down 46% from 3Q 2022). Profit margin: 7.0% (down from 11% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.2%. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Transportation industry in the US. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Oct 05TFI International Inc. to Report Q3, 2023 Results on Oct 02, 2023TFI International Inc. announced that they will report Q3, 2023 results on Oct 02, 2023
Seeking Alpha • Sep 28TFI International: Durable Competitive Advantages With Attractive Economic ValueSummary TFI International Inc.'s shares have risen 37% in the past year, driven by a number of factors. Despite revenue downsides in Q2, the company has maintained profitability and is optimistic about industry trends. The company has created economic value through capital allocation, NWC efficiencies, and returns on investment, hallmarks of a company with durable competitive advantages. Read the full article on Seeking Alpha
Upcoming Dividend • Sep 21Upcoming dividend of US$0.35 per share at 1.1% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 16 October 2023. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of American dividend payers (5.0%). Lower than average of industry peers (1.8%).
공시 • Sep 19TFI International Inc. Declares Quarterly Dividend, Payable on October 16, 2023The Board of Directors of TFI International Inc. declared a quarterly dividend of USD 0.35 per outstanding common share of its capital payable on October 16, 2023 to shareholders of record at the close of business on September 29, 2023.
공시 • Sep 06TFI International Inc. (TSX:TFII) acquired The Vedder Transportation Group.TFI International Inc. (TSX:TFII) acquired The Vedder Transportation Group on September 5, 2023. Vedder generates annual revenues in excess of CAD 80 million. Run by President Fred Zweep, Vedder will join TFI International’s Specialized Truckload business segment. TFI International Inc. (TSX:TFII) completed the acquisition of The Vedder Transportation Group on September 5, 2023.
공시 • Aug 18TFI International Inc. (TSX:TFII) acquired JHT Holdings, Inc.TFI International Inc. (TSX:TFII) agreed to acquire JHT Holdings, Inc. on August 7, 2023. JHT Holdings, Inc. is generating annual revenues of more than US $500 million. Chief Executive Officer John Harrington and his team will join TFI International Inc. The transaction is subject to customary closing adjustments and is expected to close during the third quarter 2023. TFI International Inc. (TSX:TFII) completed the acquisition of JHT Holdings, Inc. on August 16, 2023. Morgan Stanley acted as financial advisor to JHT Holdings, Inc.
공시 • Aug 09TFI International Inc. (TSX:TFII) has agreed to acquire JHT Holdings, Inc.TFI International Inc. (TSX:TFII) has agreed to acquire JHT Holdings, Inc. on August 7, 2023. JHT Holdings, Inc. is generating annual revenues of more than US $500 million. Chief Executive Officer John Harrington and his team will join TFI International Inc. The transaction is subject to customary closing adjustments and is expected to close during the third quarter 2023.
Price Target Changed • Aug 02Price target increased by 11% to US$148Up from US$133, the current price target is an average from 13 analysts. New target price is 13% above last closing price of US$131. Stock is up 28% over the past year. The company is forecast to post earnings per share of US$6.12 for next year compared to US$9.21 last year.
Reported Earnings • Aug 01Second quarter 2023 earnings: EPS and revenues miss analyst expectationsSecond quarter 2023 results: EPS: US$1.49 (down from US$3.05 in 2Q 2022). Revenue: US$1.79b (down 26% from 2Q 2022). Net income: US$128.2m (down 54% from 2Q 2022). Profit margin: 7.2% (down from 11% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 6.4%. Earnings per share (EPS) also missed analyst estimates by 12%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Transportation industry in the US. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Jul 28TFI International Inc. Appoints Sébastien Martel to its Board of Directors, Effective July 31, 2023TFI International Inc. announced that Sébastien Martel will join its Board of Directors, effective July 31, 2023. Mr. Martel is the Chief Financial Officer of BRP Inc. He has been with BRP for nearly 20 years, serving as CFO since 2014. A registered CPA, Mr. Martel holds a Bachelor degree in Accountancy from McGill University.
공시 • Jul 14TFI International Inc. (TSX:TFII) completed the acquisition of Siemens Transportation Group Inc. from the family.TFI International Inc. (TSX:TFII) agreed to acquire Siemens Transportation Group Inc. from the family on May 1, 2023. STG generated approximately CAD 150 million of revenue. STG’s Doug Siemens will continue to manage the business as part of TFI’s Less-ThanTruckload segment, reporting to Executive Vice-President Chris Traikos. The transaction is subject to regulatory approval.TFI International Inc. (TSX:TFII) completed the acquisition of Siemens Transportation Group Inc. from the family on July 13, 2023.
공시 • Jul 12TFI International Inc. to Report Q2, 2023 Results on Jul 31, 2023TFI International Inc. announced that they will report Q2, 2023 results After-Market on Jul 31, 2023
Seeking Alpha • Jul 06TFI International: Technological Improvements Leading To Performance OptimizationSummary TFI International Inc. has seen significant growth, tripling since 2020 due to its fair dividend, strong return on invested capital, positive future outlook, solid balance sheet, undervaluation, and improved operations through technology. Despite disappointing recent earnings, TFI has outperformed the S&P 500 over the past three years and analysts rate it as a strong buy, with a potential upside of 14.43%. TFI has invested in technology-driven solutions to improve operational efficiency and cost optimization, which has led to increased financial performance and profitability. Assuming my DCF figures, TFI is currently undervalued, resulting in a buy rating. Read the full article on Seeking Alpha
Upcoming Dividend • Jun 22Upcoming dividend of US$0.35 per share at 1.3% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 17 July 2023. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of American dividend payers (4.9%). Lower than average of industry peers (1.9%).
공시 • Jun 16TFI International Inc. Declares Quarterly Dividend, Payable on July 17, 2023The Board of Directors of TFI International Inc. declared a quarterly dividend of USD 0.35 per outstanding common share of its capital payable on July 17, 2023 to shareholders of record at the close of business on June 30, 2023.
Reported Earnings • Apr 27First quarter 2023 earnings: EPS and revenues miss analyst expectationsFirst quarter 2023 results: EPS: US$1.29 (down from US$1.61 in 1Q 2022). Revenue: US$1.85b (down 16% from 1Q 2022). Net income: US$111.9m (down 24% from 1Q 2022). Profit margin: 6.0% (down from 6.7% in 1Q 2022). Revenue missed analyst estimates by 4.2%. Earnings per share (EPS) also missed analyst estimates by 14%. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Transportation industry in the US. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth.
Recent Insider Transactions • Mar 30President recently sold US$2.2m worth of stockOn the 24th of March, Alain Bedard sold around 20k shares on-market at roughly US$111 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$3.9m. Alain has been a net seller over the last 12 months, reducing personal holdings by US$3.1m.
Upcoming Dividend • Mar 23Upcoming dividend of US$0.35 per share at 1.2% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 17 April 2023. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of American dividend payers (4.6%). Lower than average of industry peers (2.4%).
Seeking Alpha • Feb 21TFI International acquires Axsun GroupTransportation and logistics services provider, TFI International (NYSE:TFII) acquires Axsun Group Axsun Group is based in Montreal operating out of multiple locations across Canada and the US, providing an integrated mix of intermodal services as well as over-the-road highway, drayage, logistics and warehousing on a primarily asset light basis. Axsun President and CEO Steve Ramescu, operates a small fleet of ~20 tractors and 300 trailers, generating annualized revenues of ~C$90M. He will continue to run the business as part of TFI International’s Logistics segment, reporting to TFI senior executive VP Steven Brookshaw. Transaction terms not disclosed.
Recent Insider Transactions • Feb 20Independent Director recently sold US$3.9m worth of stockOn the 16th of February, Joey Saputo sold around 30k shares on-market at roughly US$128 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$7.2m more than they bought in the last 12 months.
Recent Insider Transactions • Feb 10Chief Financial Officer recently bought US$941k worth of stockOn the 7th of February, David Saperstein bought around 8k shares on-market at roughly US$115 per share. This transaction amounted to 63% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was David's only on-market trade for the last 12 months.
공시 • Feb 09TFI International Inc. Provides Earnings Guidance for the Year 2023TFI International Inc. provided earnings guidance for the year 2023. For the year, the group expect $7.50 to $7.60 of earnings per share.
Reported Earnings • Feb 07Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2022 results: EPS: US$9.21 (up from US$7.14 in FY 2021). Revenue: US$8.81b (up 22% from FY 2021). Net income: US$823.2m (up 24% from FY 2021). Profit margin: 9.3% (up from 9.2% in FY 2021). Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) exceeded analyst estimates by 1.8%. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Transportation industry in the US. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 56% per year, which means it is tracking significantly ahead of earnings growth.
