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 $140.46, down 4.68% from the previous day, and has increased 17.77% in one year. It has underperformed other stocks in the Trucking industry by 0.18 percentage points. Tfi International stock is currently +39.12% from its 52-week low of $100.96, and -13.37% from its 52-week high of $162.13.
There are currently 84.44M shares of TFII outstanding. The market value of TFII is $11.86B. In the last 24 hours, 506,006 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
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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.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to start a new brokerage account.
- Send your application by pressing the "Create Account" button. Get started with eToro today
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 23.89x, relative to Trucking industry P/E ratio of 50.01x
- TFII may be overvalued based on its P/B ratio of 4.58x, relative to Trucking industry P/B ratio of 3.99x
- TFII may be undervalued based on its PEG ratio of 0.72x
You can do more valuation analysis on TFII's stock here.
TFII Financial Health
Passed Health Checks:
- Total TFII debt is lower than 5 years ago, relative to shareholder equity.
- TFII's operating cash flow of $1.01B allows it to safely service it's debt of $2.37B.
- There are more short-term assets than short-term liabilities on the TFII balance sheet.
- TFII earnings of $766.25M is not sufficient to cover its interest payments.
Failed Health Checks:
- TFII profit margin has gone down from 9.3% to 6.7% in the past year.
- There are more long-term liabilities than short-term assets on the TFII balance sheet.
- TFII has a relatively high debt to equity ratio of 1.43.
Is TFII stock a Buy, Hold, or Sell, according to analysts?
Out of 11 Equities analysts who give recommendations on TFII, the consensus analyst rating on Tfi International is a Strong Buy
It's important to note that analyst ratings are not recommendations, nor are they financial advice.
Latest TFII Analyst Forecasts
Fadi Chamoun, a top 4% analyst from BMO Capital maintains TFII with a hold rating and raises their TFII price target from $130.00 to $140.00, on Feb 12, 2024.
Ben Mohr, a bottom 49% analyst from Deutsche Bank initiates coverage on TFII with a strong buy rating and announces their TFII price target of $175.00, on Jan 29, 2024.
J. Bruce Chan, a bottom 8% analyst from Stifel Nicolaus maintains TFII with a strong buy rating and raises their TFII price target from $148.00 to $149.00, on Jan 10, 2024.
Brian Ossenbeck, a top 12% analyst from JP Morgan maintains TFII with a strong buy rating and lowers their TFII price target from $133.00 to $132.00, on Dec 21, 2023.
Bascome Majors, a top 25% analyst from Susquehanna maintains TFII with a strong buy rating and lowers their TFII price target from $155.00 to $140.00, on Oct 25, 2023.
You can dig deeper into what analysts are saying on the Tfi International stock forecast page.
TFII Technicals
TFII Growth Metrics
Last year, TFII earnings were $504.88M. During the last 5 year, TFII's earnings have increased by 12.11% per year. This was faster than the Trucking industry average of 8.37%.
Last year, TFII revenue was $7.52B. During the last 5 year, TFII's revenue has grown by 7.98% per year. This was faster than the Trucking industry average of 4.94%.
Find out more about TFII's earnings and revenue performance here.
Who is buying/selling TFII?
Over the last 12 months, executives and large shareholders at TFII have not bought or sold any shares.
Learn more about who owns TFII shares here.
Does TFII stock generate passive income?
Tfi International pays a dividend of 1.07%, compared to the Trucking industry's average dividend yield of 1.03%. If you owned $1,000 worth of TFII stock, you would have been paid $10.68 last year.
Tfi International dividend payments have consistently grown over the past decade but have not remained stable.
Dig into more analysis about Tfi International dividend yield and history here.
What others are saying about TFII
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Place your TFII purchase
There are two main options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally fine for most investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a particular price, place a limit order.
Hit the Open Trade button and eToro will execute the order.
If you require more help investing in stocks on eToro, watch the how to video below:
Step 6: Keep tabs on your investment in TFII
Now that you own some TFII shares, you'll want to stay up-to-date on your new stock purchase.
Add TFII to a watchlist to keep tabs on your TFII stock.
TFII Feed
How to Buy Stock in Tfi International
To summarize, 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 need a online brokerage, 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.
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