How to Buy Tfi International Stock
Tfi International Inc
TFI International Inc. provides transportation and logistics services in the United States, Canada, and Mexico. The company operates through Package and Courier, Less-Than-Truckload (LTL), Truckload (TL), and Logistics segments.
Tfi International stock last closed at $131.69, up 0.87% from the previous day, and has increased 43.52% in one year. It has underperformed other stocks in the Trucking industry by 0.09 percentage points. Tfi International stock is currently +53.38% from its 52-week low of $85.86, and -4.68% from its 52-week high of $138.16.
There are currently 85.8M shares of TFII outstanding. The market value of TFII is $11.30B. In the last 24 hours, 125,025 TFII shares were traded.
How to Buy Tfi International Stock
Wondering how to invest in Tfi International stock? Here's how.
- Choose where to buy Tfi International stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you figure out where to buy Tfi International stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Select your payment method and add your details.
- Analyze Tfi International stock: The Tfi International ticker symbol is TFII. Is Tfi International stock a good investment? Should you buy shares of TFII? How do TFII's underlying business fundamentals look? Do top analysts think Tfi International is a good buy? Why has TFII's stock price moved recently? (Hint: Our stock market research tools can help you decide if TFII is a good stock to buy).
- Place your TFII purchase: Decide if you will purchase TFII shares at the current market price or use a limit order to purchase TFII stock at a specific price.
- Keep tabs on your investment in TFII: Create a watchlist to important updates regarding your position in Tfi International shares.
Step 1: Choose where to buy Tfi International stock
You will need a brokerage account in order to access the NYSE market and buy TFII stock.
Our recommended brokerage: eToro
In our opinion, eToro is the best brokerage. Here's why:
- Invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
- Access to global markets: From Technology to Energy, New York to London — you can fill your portfolio with stocks from the globe's leading exchanges.
- Social investing: eToro has a community with more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by signing up for an account with eToro now.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen the best brokerage, you need to fill out some personal information so you can buy TFII stock today.
How to Create a New Investment Account on eToro
- Click here to get started.
- Input your personal data to start a new brokerage account.
- Send your application by pressing the "Create Account" button.
Step 3: Deposit money your brokerage account
Now that you've created your account on the highest rated stock app, you need to deposit funds:
Check out this video walkthrough if you need help depositing money into your investment account.
Step 4: Analyze Tfi International stock
After you have chosen the best place to buy Tfi International stock, it's crucial to analyze their stock before you invest, so you actually comprehend the risk as well as the opportunity.
Tfi International Metrics
TFII Fundamentals
WallStreetZen was designed to help everyday investors do better fundamental analysis in less time.
You can see all of the due diligence checks on TFII's stock page.
Is TFII stock undervalued or overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge TFII's true value.
Using relative valuations measures:
- TFII could be undervalued based on its P/E ratio of 17.92x, relative to Trucking industry P/E ratio of 35.62x
- TFII may be overvalued based on its P/B ratio of 4.44x, relative to Trucking industry P/B ratio of 3.76x
- TFII may be overvalued based on its PEG ratio of 2.08x
You can do more valuation analysis on TFII's stock here.
TFII Financial Health
Passed Health Checks:
- TFII's operating cash flow of $1.02B allows it to safely service it's debt of $1.77B.
- TFII earnings of $899.15M is not sufficient to cover its interest payments.
- There are more short-term assets than short-term liabilities on the TFII balance sheet.
- TFII profit margin has gone up from 7.9% to 8.1% in the past year.
Failed Health Checks:
- TFII has a relatively high debt to equity ratio of 1.16.
- There are more long-term liabilities than short-term assets on the TFII balance sheet.
Is it a good time to buy Tfi International stock, according to Wall Street analysts?
Out of 14 Equities analysts who give forecasts on TFII, the consensus analyst rating on Tfi International is a Strong Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
Most Recent TFII Analyst Ratings
Ariel Rosa, a top 2% analyst from Credit Suisse maintains TFII with a buy rating and raises their TFII price target from $121.00 to $150.00, on Aug 9, 2023.
Jason Seidl, a top 26% analyst from TD Cowen maintains TFII with a buy rating and raises their TFII price target from $158.00 to $163.00, on Aug 8, 2023.
James Monigan, a top 30% analyst from Wells Fargo maintains TFII with a strong buy rating and raises their TFII price target from $120.00 to $150.00, on Aug 3, 2023.
Brian Ossenbeck, a top 12% analyst from JP Morgan maintains TFII with a strong buy rating and raises their TFII price target from $130.00 to $150.00, on Aug 2, 2023.
Konark Gupta, a bottom 40% analyst from ScotiaBank maintains TFII with a hold rating and raises their TFII price target from $165.00 to $180.00, on Aug 2, 2023.
You can dig deeper into what analysts are projecting on the Tfi International stock forecast page.
TFII Momentum
Is TFII Making Money?
Last year, TFII earnings were $638.84M. During the last three year, TFII's earnings have grown by 131.64% per year. This was faster than the Trucking industry average of 22.15%.
Last year, TFII revenue was $7.84B. During the last three year, TFII's revenue has gone up by 116.07% per year. This was faster than the Trucking industry average of 20.88%.
Learn more about TFII's earnings and revenue performance here.
Are TFII executives and large shareholders buying or selling the stock?
Over the last year, insiders at TFII have not bought or sold any shares.
Research more about who owns TFII shares here.
Can I rely on TFII as an income stream?
Tfi International pays a dividend of 1%, compared to the Trucking industry's average dividend yield of 0.95%. If you owned $1,000 worth of TFII stock, you would have been paid $10.02 in the past 12 months.
Tfi International dividend payments have consistently grown over the past decade but have not remained stable.
Get more analysis about Tfi International dividend yield and history here.
What do other traders have to say about TFII?
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Place your TFII purchase
You have two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly fine for most investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at an exact price limit, use a limit order.
Press the Open button and your broker will place your order.
If you want more help buying stocks on eToro, watch the helpful video below:
Step 6: Keep tabs on your investment in TFII
Now that you own some shares in TFII, you'll want to stay up-to-date on your new stock purchase.
Make a watchlist to get alerted to the latest events about your TFII stock.
TFII Feed
How to Buy Stock in Tfi International
To reiterate, here are the 6 steps to buy Tfi International stock:
- Choose where to buy Tfi International stock
- Sign up for your brokerage account
- Deposit money your brokerage account
- Analyze Tfi International stock
- Place your TFII purchase
- Keep tabs on your investment in TFII
If you require a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get updates on your investment in Tfi International, add TFII to your watchlist by clicking the button below.
More "How To" Guides You Might Enjoy
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.