This move is archived. Current quotes and coverage live on the stock page.
Get TFII alerts:
TFI International Inc. faces a notable drawdown, closing down 3.29% in the latest trading session.
In the latest trading session, TFI International Inc. (TFII.TO) saw its stock price drop by 3.29%, closing at CA$197.43. This decline adds to a troubling trend, with the stock now down 9.5% over the past month. Investors are left questioning the underlying causes of this downturn as the company prepares to release its second-quarter results later this month.
Advertisement
TFI International Inc
TFII.TO
TFII.TO
TFI International Inc
WealthAwesomeMarket cap
$16.02B
P/E
34.4x
Div. yield
0.97%
Div. / share
$1.86
52W high
$233.09
52W low
$112.34
1W change
-6.03%
Beta
1.49
Analyst Price Targets
Based on analyst covering TFII
Wall Street analysts forecast TFII stock price to rise 20.4% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$231.78
+20.4% Upside
Current Price
C$192.46
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on TFII's historical volatility
30-Day Vol
41.8%
Annualized
90-Day Vol
37.8%
Annualized
Trend (90d)
-33.2%
Annualized drift
90d Mean
C$170.95
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$185.01 | C$160.15 โ C$213.72 |
| 60 trading days | C$177.84 | C$145.02 โ C$218.10 |
| 90 trading days | C$170.95 | C$133.15 โ C$219.49 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯ, 95% band = ยฑ2ฯ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Advertisement
Investor takeaway: While TFI International has been recognized for its potential in the logistics sector, the recent stock performance suggests that investors should exercise caution and closely monitor upcoming earnings reports for clearer insights.
3.29% Decline in TFI International Stock
TFI International's stock has experienced a significant drop of 3.29% in just one trading day, reflecting broader concerns in the transportation sector.
Bull case
Analysts have pointed out TFI International's strong position in the market and its growth potential. Recently, Goldman Sachs raised its price target, showing optimism about a freight recovery.
Bear case
Despite the positive outlook from some analysts, the current stock performance raises concerns about market sentiment and whether the company can meet growth expectations, especially with recent downgrades in the trucking sector.
Recent Performance Overview
Advertisement
TFI International's stock has seen a sharp decline of 3.29% in the last trading session, closing at CA$197.43. This drop is part of a larger trend, with the stock down 9.5% over the past month. Investors are likely reacting to broader market pressures and concerns surrounding the logistics sector's performance.
Market Sentiment and Analyst Ratings
Despite the recent downturn, TFI International has received a Zacks Rank of #2 (Buy), indicating that some analysts still see potential in the stock. However, with the second-quarter earnings report scheduled for July 27, market sentiment may shift based on the company's performance and guidance.
Looking Ahead
As TFI International prepares to announce its quarterly results, investors should remain vigilant. The company's ability to navigate current market challenges and meet or exceed earnings expectations will be crucial in determining its stock trajectory moving forward.
Best next step
Keep exploring this topic
If you want to go deeper, these are the most useful follow-up pages and tools for this topic.
Broker comparison
Best trading platforms in Canada
Compare $0-commission brokers before you act on a ticker story.
Safe cash
Best GIC rates in Canada
If the story makes you want to de-risk, compare guaranteed rates next.
HISA roundup
Best high-interest savings accounts
Keep dry powder in a no-fee savings account instead of chequing.
TFSA room
Check TFSA contribution room
Shelter the next contribution before you buy.
Advertisement
Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
View Full Profile โโ Reviewed by Certified Financial Professionals
This content has been reviewed by CFAยฎ charterholders and Certified Financial Planners (CFPยฎ) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.
Why these credentials matter: CFAยฎ charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFPยฎ professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.
โ ๏ธ Professional Disclaimer
This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.
