Hi Vanessa,
TFII still looks pretty interesting here. It is trading at only 15 times forward earnings, 1.09 times forward sales and has an EV to EBITDA of only 10.25. Although these are slightly above historical averages, the company was chronically undervalued for years. Now that the market has begun to take notice, it is trading at more respectable valuations.
Considering TFII is still expected to growth at a 10% clip over the next couple of years, I'd have no problem with TFII at these levels. Since it listed in the U.S., it also has a high number of analysts covering the company. Of the 17, 15 rate it either a buy or strong buy and have an average one-year price target of $77.60 which is consistently being revised upwards due to the company's strong performance. Over the past 90 days, the analysts average estimate has increase by 18%. Considering TFII has beat in 10 of the last 12 quarters and the other two were inline, I have confidence in TFII's ability to not only meet, but beat expectations.
Of note, TFII was on our Bull List for a long time and we are still big fans of the company.
Mat
(I am long TFIII)