TSE:TFII

TFI International Inc (TFII.TO)

130.05
-27.09 (17.24%)
as of Oct 30, 2026, 8:00:00 pm Market Closed.
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It has been a great performer over time. Two positives are its rising relative strength to to the S&P and TSX as well as trading above the 150 day moving average. The concern is the sector - transports. Be careful and if buying pick your spots.
BUY

Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research 10 acquisitions throughout 2021. Strong growth rates in LTL and Logistics. Outperformance led by acquisition of UPS. Continued growth in the e-commerce space. Valuation attractive relative to peers. Unlock Premium - Try 5i Free

BUY
Very good operating margins in Canada. With its US acquisition, lots of potential to bring operating ratio down. He'd recommend it, despite the runup.
WAIT
It is too expensive now to buy so wait for a pullback. The fundamental outlook for the sector is good.
BUY ON WEAKNESS
Can grow even if there is a recession. Lots of consolidation opportunities. Excellent steward of capital. Models 11% EPS growth, trades at a reasonable 12x. If you see a recession over 2 years, but not imminent, you can own it. Big run, can probably get in closer to $100.
BUY ON WEAKNESS

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. You could add slowly here if you have a long enough timeframe. This should be more than two years. The markets will decline but it won’t last forever. A shift in sentiment could move this nicely. Unlock Premium - Try 5i Free

HOLD
Has sold shares, but is watching for a good time to buy. Waiting until next quarter earnings before looking to buy any more shares. Good company to own long term. Very good network of trucks in Canada & USA. Expecting stock price to rally.
BUY ON WEAKNESS

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. There is concern over a possible slowdown and freight rates are on the decline. This affects all industry players. Has matched the TSX so far. Not too concerned with the declines with a long-term view. Valuation takes into account some of this risk. Not particularly concerned with the recent decline. Unlock Premium - Try 5i Free

BUY
A terrific investment, a huge winner. It trades at $10 off its all-time high. Great management and has a lot of scope for tuck-in acquisitions across North America to further growth.
TOP PICK
Great performer in 2021. One of the best management teams in NA. Purchase of UPS Freight has gone well. Aims to be best at less-than-truckload deliveries. Clean balance sheet. Share buybacks. Smooth sailing for a couple of years. Yield is 1.02%. (Analysts’ price target is $156.90)
BUY
Recent beat on guidance. Better balance sheet. M&A a significant driving force and more to go. Price/Growth is good and still a buy $136.
BUY
Reflationary theme will come in steps, and this is a good company to ride that theme with. Transports are recovering very quickly since the January correction. Executing very well. Participating in the rally.
WAIT
Great run, now off 15%. Feeling pressure of cost inflation. Not in a hurry to purchase here. Fundamentals are fine. Rate of change is getting tougher.
TOP PICK
Stock's fallen since underwhelming guidance, but beat on all metrics. Company's bullish on US margins. Raised dividend by 17%. Balance sheet in great shape. M&A has been a vital part of the story. Good place to be in this part of the cycle. Can pass along price increases. 13x earnings, 24% growth rate. Own it into this weakness. Yield is 1.12%. (Analysts’ price target is $154.26)
TOP PICK
Getting bigger all the time. Four segments: truckload, less than truckload, last mile, packaging and courier. Cyclical, but asset light model as they don't own all vehicles. Very active and capable serial acquirer. Growth stock, undemanding multiple of 17x earnings. Very good entry point. Yield is 1.10%. (Analysts’ price target is $154.81)
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