TIH vs. FTT, RUS, HDI, DBM, WJX, RME, AAO, WSP, RBA, and GFL
Should you be buying Toromont Industries stock or one of its competitors? The main competitors of Toromont Industries include Finning International (FTT), Russel Metals (RUS), Hardwoods Distribution (HDI), Doman Building Materials Group (DBM), Wajax (WJX), Rocky Mountain Equipment Alberta Ltd (RME.TO) (RME), IntellaEquity (AAO), WSP Global (WSP), RB Global (RBA), and GFL Environmental (GFL). These companies are all part of the "industrials" sector.
Toromont Industries (TSE:TIH) and Finning International (TSE:FTT) are both mid-cap industrials companies, but which is the better business? We will contrast the two businesses based on the strength of their earnings, profitability, risk, valuation, media sentiment, analyst recommendations, community ranking, institutional ownership and dividends.
Toromont Industries pays an annual dividend of C$1.92 per share and has a dividend yield of 1.6%. Finning International pays an annual dividend of C$1.10 per share and has a dividend yield of 2.7%. Toromont Industries pays out 30.8% of its earnings in the form of a dividend. Finning International pays out 31.5% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.
In the previous week, Finning International had 6 more articles in the media than Toromont Industries. MarketBeat recorded 9 mentions for Finning International and 3 mentions for Toromont Industries. Finning International's average media sentiment score of 0.58 beat Toromont Industries' score of 0.53 indicating that Finning International is being referred to more favorably in the news media.
Finning International received 147 more outperform votes than Toromont Industries when rated by MarketBeat users. Likewise, 65.98% of users gave Finning International an outperform vote while only 58.22% of users gave Toromont Industries an outperform vote.
Toromont Industries presently has a consensus price target of C$133.13, indicating a potential upside of 11.83%. Finning International has a consensus price target of C$49.13, indicating a potential upside of 20.67%. Given Finning International's stronger consensus rating and higher probable upside, analysts clearly believe Finning International is more favorable than Toromont Industries.
49.6% of Toromont Industries shares are owned by institutional investors. Comparatively, 40.1% of Finning International shares are owned by institutional investors. 0.3% of Toromont Industries shares are owned by insiders. Comparatively, 0.1% of Finning International shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
Toromont Industries has a beta of 0.73, indicating that its stock price is 27% less volatile than the S&P 500. Comparatively, Finning International has a beta of 1.62, indicating that its stock price is 62% more volatile than the S&P 500.
Toromont Industries has a net margin of 11.38% compared to Finning International's net margin of 4.75%.
Toromont Industries has higher earnings, but lower revenue than Finning International. Finning International is trading at a lower price-to-earnings ratio than Toromont Industries, indicating that it is currently the more affordable of the two stocks.
Summary
Finning International beats Toromont Industries on 10 of the 19 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding TIH and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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