On Oct 23, major Wall Street analysts update their ratings for $TFI International (TFII.US)$, with price targets ranging from $142 to $190.
Morgan Stanley analyst Ravi Shanker maintains with a buy rating, and adjusts the target price from $196 to $190.
J.P. Morgan analyst Brian Ossenbeck maintains with a buy rating, and adjusts the target price from $181 to $178.
BofA Securities analyst Ken Hoexter maintains with a hold rating, and adjusts the target price from $161.24 to $143.
TD Cowen analyst Jason Seidl maintains with a buy rating, and maintains the target price at $171.
Stifel analyst J. Bruce Chan downgrades to a hold rating, and adjusts the target price from $158 to $142.
Furthermore, according to the comprehensive report, the opinions of $TFI International (TFII.US)$'s main analysts recently are as follows:
Following TFI International's release of Q3 adjusted EPS at $1.60, which fell short of the anticipated $1.76 and the market's $1.77 expectation, estimates for Q4, 2024, and 2025 EPS have been reduced by 7%, 4%, and 4%, respectively.
TFI International reported quarterly results that fell short of expectations, prompting a significant revision of future projections. Despite this, the company's robust generation of free cash flow has culminated in an exceptionally healthy balance sheet, providing ample flexibility for potential mergers and acquisitions as well as strategic share repurchase opportunities.
TFI International's Q3 results fell short of expectations due to operational ratio pressures from pricing discrepancies and service challenges. Additionally, the company's aim for a 90 operational ratio in Q4 appears to be unattainable, and there has been a reduction in the earnings per share guidance.
TFI International faces a challenging operating environment and network turnarounds. Analysts acknowledge the early progress following the company's UPS deal, yet they suggest that more ingrained issues may temper and postpone the anticipated margin enhancements in the less-than-truckload segment, potentially overshadowing advancements in other areas of the business. Additionally, expectations for a favorable outcome from a potential spinoff may be delayed until there is significant growth in market capitalization.
Here are the latest investment ratings and price targets for $TFI International (TFII.US)$ from 8 analysts:
Note:
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