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TFI International Inc. (TFII) Dips More Than Broader Markets: What You Should Know

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TFI International Inc. (TFII - Free Report) closed at $93.78 in the latest trading session, marking a -1.78% move from the prior day. This change lagged the S&P 500's daily loss of 0.84%. Elsewhere, the Dow lost 0.36%, while the tech-heavy Nasdaq lost 0.15%.

Heading into today, shares of the company had lost 8.91% over the past month, outpacing the Transportation sector's loss of 12.44% and the S&P 500's loss of 10.24% in that time.

TFI International Inc. will be looking to display strength as it nears its next earnings release. In that report, analysts expect TFI International Inc. to post earnings of $1.96 per share. This would mark year-over-year growth of 34.25%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $2.31 billion, up 10.38% from the year-ago period.

TFII's full-year Zacks Consensus Estimates are calling for earnings of $8.12 per share and revenue of $9.13 billion. These results would represent year-over-year changes of +55.26% and +26.43%, respectively.

Investors might also notice recent changes to analyst estimates for TFI International Inc.These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 1.52% higher. TFI International Inc. currently has a Zacks Rank of #1 (Strong Buy).

Investors should also note TFI International Inc.'s current valuation metrics, including its Forward P/E ratio of 11.76. Its industry sports an average Forward P/E of 10.37, so we one might conclude that TFI International Inc. is trading at a premium comparatively.

Investors should also note that TFII has a PEG ratio of 0.58 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. Transportation - Services stocks are, on average, holding a PEG ratio of 1.29 based on yesterday's closing prices.

The Transportation - Services industry is part of the Transportation sector. This group has a Zacks Industry Rank of 52, putting it in the top 21% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.


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