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TSE:TFII
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The UPS deal is big at $800M. It accounts for 15% of TFII’s market cap. It should add $3B in revenue and with currency conversion, it would add more than 50% to 2021 revenues. A nice deal for the company. Unlock Premium - Try 5i Free
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The stock currently trades at a 18x earnings, which is not too cheap. However, the growth rate is improving and logistics is becoming less cyclical. Earnings also beat expectations by 32% with a recent dividend boost. Unlock Premium - Try 5i Free
He continues to recommend this. The UPS purchase in the U.S. doubles TFI. A great move that has bumped up this stock. They are efficient at integrating new companies. The stock is getting high with little downside as there remains demand to ship goods.