Related posts

Bank earnings lift markets to highsTSX edges up, Wall Street fadesTSX hits Yuletide high
Investor Insights

This summary was created by AI, based on 18 opinions in the last 12 months.

TFI International Inc, with symbol TFII-T, has received mixed reviews from experts. Some commend the company's strong management team, lean operating philosophy, and potential for double-digit earnings growth, while others express concerns about the tough market conditions and cyclical nature of the business. Overall, the company has a history of consolidation and has shown resilience in challenging times, with potential for future growth.

Consensus
Mixed
Valuation
Fair Value
Similar
CNR-T, CP-T
BUY

Post-election in the US, prospects for the US economy and domestic manufacturing will be good for the transportation sector as a whole. This name stands to benefit.

Transportation
TOP PICK

A new addition to his dividend growers mandate. Top flight management team. Lean operating philosophy to maximize efficiently matching freight with trucks. Company's discipline is its magic. History of consolidation. Two years of a manufacturing and freight recession may be turning a corner. Sees it returning to double-digit earnings growth next quarter and accelerating. Analysts see 27% EPS growth in 2025, 24% in 2026. 

Trades at 18x PE, a good combination of value and growth. Compound earnings growth of 20% over the last 5 years, sees that accelerating. Yield is 1.31%.

(Analysts’ price target is $159.24)
Transportation
WATCH

Tough slog for freight traffic. Hard to know if that's cyclical, or because we're coming off the insane activity of 2021. Unionized, whereas some competitors are not. Not a great quarter; UPS Freight acquisition hasn't panned out as expected.

Thing is, it generated $270M USD of free cashflow in a very poor quarter. Insanely great. Tells you how well it will do when market picks up. Will eventually split into 2 companies, and valuation gap with US peers will narrow.

Transportation
BUY ON WEAKNESS
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

EPS of $1.60 missed estimates of $1.78; revenue of $2.185B missed estimates of $2.27B. EBITDA of $357.2M missed estimates of $371.2M. EPS did rise from $1.57 last year. Revenue rose 14% with acquisitions helping. Truckload revenue rose 80%, logistics rose 2.5%. Operating income rose 1.3%. The dividend was raised by 13%. The company noted "Business conditions for US LTL are challenging". Still free cash flow was $270M, up 37% from the prior year. We expect investors will be a bit disappointed, with the dividend hike offsetting a bit. We would be OK buying some if it dips a few dollars, but the after market trading right now is quite muted, at least so far (down 1.3%). 
Unlock Premium - Try 5i Free  

Transportation
DON'T BUY

Well run, but very cyclical. Its collection of assets is not worthy of the multiple. Rail is the most efficient way to ship freight. In this higher inflationary environment, he'd prefer a rail such as CNR or CP.

Transportation
PARTIAL BUY
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

TFII had two price target cuts on Tuesday. CIBC's analyst suggested that this was to reflect, "mid-quarter updates provided by a number of US LTL companies, which pointed to a weaker-than-expected August." It seems that there are some near term headwinds related to softer volumes. The business is sensitive to the macroeconomy and can also be cyclical. We still view TFII very positively but would keep a close eye on upcoming quarterly results. 
Unlock Premium - Try 5i Free 

Transportation
WATCH

Has been watching business for a long term. Not a capital light business. Long term, company has been good at increasing shareholder wealth. Worth investigating for interested investors. Doesn't own shares at this time, but could be a good investment. 

Transportation
BUY

Likes the company, not trucking. Smart managers who have been good operators, and smart capital allocators. But trucking is in a tough space now with lower rates. A long-term compounder that gains more and more market share.

Transportation
BUY
TFII vs. the rails

Up 17% YTD, so not much of a pullback. On a YTD basis, outperforming the railroads. He likes both those businesses. Canada has good geography for trucking and infrastructure. TFII is a great acquirer and integrator of other companies. Rumours that UPS wants to unload less-than-truckload; perhaps TFII could bid for it. Balance sheet in great shape, more acquisitions to come.

CNR is the laggard. CP is doing nicely. He still regrets not switching from CNR to CP.

Transportation
TOP PICK

Recent weakness in business has been fixed. Free cash flow is starting to rise. Expecting earnings to rise. M&A should pickup again. Balance sheet is in good shape. Expecting share price to rise from here. 

Transportation
BUY ON WEAKNESS
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

We continue to like the stock a lot, but following recent earnings it may not have a short term catalyst for a bounce. We would be comfortable selling/rebuying, especially considering capital gains tax changes next month. 
Unlock Premium - Try 5i Free

Transportation
HOLD

Good move to trim, as it got ahead of itself on moving averages and such. Don't sell any more. Great stock. Poor reaction to earnings, but US light trucking showing signs of meaningful improvement. FCF remains strong, pretty good 2024 guidance. Sees EPS rebound in second half. Spinout coming. Trades at 15x, growing at 21%.

Transportation
COMMENT

It did very well during Covid, but post-Covid logistics companies are giving back ground. It will be bumpy, but you will be fine with this long term.

Transportation
BUY ON WEAKNESS

Diverse customer base. US market represents about 70% of revenue. Profitability above stock market average, and has been for 5-6 years. Balance sheet has more leverage than what he's comfortable with. 20x PE, considerably more expensive than TSX at 16x. Wait for a considerable drop to $170-175. Yield is only 1%.

Transportation
BUY

Economy continues to be resilient. Leading indicators have turned positive, after being negative for 18 months. PMI data turned back north of 50. IYT is the transport ETF, behaving well. Recently made new highs after consolidating. Great company, in a sector he'd like to own.

Transportation
Showing 1 to 15 of 242 entries

TFI International Inc(TFII-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 10

Neutral - Hold Signals / Votes : 2

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 13

Stockchase rating for TFI International Inc is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

TFI International Inc(TFII-T) Frequently Asked Questions

What is TFI International Inc stock symbol?

TFI International Inc is a Canadian stock, trading under the symbol TFII-T on the Toronto Stock Exchange (TFII-CT). It is usually referred to as TSX:TFII or TFII-T

Is TFI International Inc a buy or a sell?

In the last year, 13 stock analysts published opinions about TFII-T. 10 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for TFI International Inc.

Is TFI International Inc a good investment or a top pick?

TFI International Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for TFI International Inc.

Why is TFI International Inc stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is TFI International Inc worth watching?

13 stock analysts on Stockchase covered TFI International Inc In the last year. It is a trending stock that is worth watching.

What is TFI International Inc stock price?

On 2024-12-06, TFI International Inc (TFII-T) stock closed at a price of $215.695.