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In a challenging economic climate, TFI International Inc. (NYSE:TFII) stock has marked a new 52-week low, reaching a price level of $119.55. The transportation and logistics company, which has been navigating through a period of market volatility, has seen its stock price retreat from higher levels over the past year. Despite the recent downturn, InvestingPro data shows the company maintains strong fundamentals with revenue growth of ~12% and a solid P/E ratio of 23. This recent low represents a significant downturn for the stock, which has experienced a 1-year change showing a decrease of 11.71%. According to InvestingPro analysis, TFII appears undervalued at current levels, with analysts setting price targets up to $190. The company has demonstrated resilience by maintaining dividend payments for 23 consecutive years, with a current yield of 1.41%. Investors are closely monitoring TFII’s performance as the company adapts to the evolving industry landscape and external economic pressures. For deeper insights, investors can access comprehensive Pro Research Reports covering TFII and 1,400+ other top stocks on InvestingPro.
In other recent news, TFI International reported its fourth-quarter earnings for 2024, revealing an adjusted earnings per share (EPS) of $1.19, which was a 30% decrease from the previous year and fell short of both BofA Securities’ projection of $1.53 and the consensus estimate of $1.58. The company’s Less-than-Truckload (LTL) segment, particularly the U.S. operations, underperformed, contributing to a $0.20 per share miss. Additionally, TFI International’s Ground Freight Pricing revenue decreased by 58% year-over-year, further impacting earnings. In a separate development, TFI International announced a quarterly dividend increase to $0.45 per share, marking a 13% rise from the previous rate. This move reflects the company’s commitment to shareholder returns and confidence in its financial stability. Meanwhile, BofA Securities adjusted its financial outlook for TFI International, reducing the price target to $136 from $145 while maintaining a Neutral rating. Analysts at Stifel have highlighted risks in the U.S. transport sector, noting lower earnings expectations and various risk factors that could influence the industry’s future. Despite these challenges, TFI International continues to focus on strategic acquisitions and efficient management to enhance shareholder value.
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