RY 161.04 1.0415% SHOP 114.14 1.0804% TD 85.44 1.4968% ENB 62.89 1.0119% BN 68.3 2.8305% TRI 252.83 1.3875% CNQ 40.6 2.4735% CP 101.56 0.3756% CNR 136.255 -0.1722% BMO 129.39 1.2838% BNS 66.36 1.0661% CSU 4655.02 1.0794% CM 82.25 1.7064% MFC 40.1 1.9837% ATD 72.53 0.8061% NGT 77.32 1.2572% TRP 67.62 0.82% SU 48.71 1.8825% WCN 273.07 1.4338% L 217.01 0.7334%
Section1: Company Overview
TFI International Inc (TSX: TFII) is a transportation and logistics company domiciled in Canada. The company organizes itself into four segments: package and courier, less-than-truckload, truckload, and logistics.
This Report covers the Key Recommendation Rationale, Key Financial Metrics, Valuation, Target Price, and Recommendation on the stock.
1.1 Key Recommendation Rationale
Section2: Financial Highlights
2.1 Key Financial Highlights
Section 3: Stock Recommendation Summary
3.1 Valuation Methodology
Valuation Methodology (Illustrative): EV to Sales based
3.2 Price Performance and Stock Recommendation
The stock has witnessed an upside of ~3.65% and ~8.99% over the last 1 week and 1 month respectively. Moreover, the stock is trading above the average 52-week high price of CAD 220.93 and 52-week low price of CAD 142.92, providing an opportunity to exit. Furthermore, the prices are trading near the resistance and could make some correction.
3.3 One-Year Technical Price Chart
One-Year Technical Price Chart (as of July 4, 2024). Source: REFINITIV, Analysis: Kalkine Group
Note 1: Past performance is not a reliable indicator of future performance.
Note 2: The reference date for all price data, and currency as of July 4, 2024. The reference data in this report has been partly sourced from REFINITIV.
Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above.
Note 4: Dividend Yield may vary as per the stock price movement.
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