TFI International (TFII)

• Market cap: $11.7B
• 1 day: -2.72%
• 5 days: -9.12%
• 1 month: -4.29%
• 3 months: -4.88%
• 6 months: 0.60%
• Year to date: 3.40%
• 1 year: 14.41%
• 5 years: 288.34%
• 10 years: 288.34%

About: TFI International Inc is a transportation and logistics company domiciled in Canada. The company organizes itself into four segments: package and courier, less-than-truckload, truckload, and logistics. The package and courier segment picks up, transports, and delivers items across North America. The less-than-truckload segment transports smaller loads. The truckload segment transports goods by flatbed trucks, containers, or a more specialized service. The company provides general logistics services through the logistics segment. TFI International derives the majority of its revenue domestically, followed by the United States.

Employees: 28,230

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

59% more first-time investments, than exits

New positions opened: 43 | Existing positions closed: 27

51% more call options, than puts

Call options by funds: $18.2M | Put options by funds: $12M

6% more funds holding

Funds holding: 271 [Q2] → 287 (+16) [Q3]

5% more repeat investments, than reductions

Existing positions increased: 100 | Existing positions reduced: 95

1.5% less ownership

Funds ownership: 69.16% [Q2] → 67.66% (-1.5%) [Q3]

8% less capital invested

Capital invested by funds: $8.49B [Q2] → $7.84B (-$643M) [Q3]

14% less funds holding in top 10

Funds holding in top 10: 7 [Q2] → 6 (-1) [Q3]

Research analyst outlook

10 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $142 3% upside
• Avg. target: $164 19% upside
• High target: $184 33% upside

10 analyst ratings

• positive: 7 70%
• neutral: 3 30%
• negative: 0 0%

CIBC Kevin Chiang 38% 1-year accuracy 3 / 8 met price target	27% upside $176	Outperformer Maintained	4 Dec 2024
Citigroup Ariel Rosa 31% 1-year accuracy 8 / 26 met price target	23% upside $170	Buy Maintained	12 Nov 2024
TD Cowen Jason Seidl 62% 1-year accuracy 26 / 42 met price target	24% upside $171	Buy Maintained	23 Oct 2024
JP Morgan Brian Ossenbeck 50% 1-year accuracy 18 / 36 met price target	29% upside $178	Overweight Maintained	23 Oct 2024
RBC Capital Walter Spracklin 38% 1-year accuracy 6 / 16 met price target	16% upside $160	Outperform Maintained	23 Oct 2024