TSE:TIH Q2 EPS Estimate Boosted by National Bank Financial

Toromont Industries Ltd. (TSE:TIH - Free Report) - Research analysts at National Bank Financial lifted their Q2 2025 earnings per share (EPS) estimates for Toromont Industries in a report released on Wednesday, February 12th. National Bank Financial analyst M. Sytchev now expects that the company will post earnings of $1.63 per share for the quarter, up from their prior estimate of $1.61. National Bank Financial has a "Strong-Buy" rating on the stock. The consensus estimate for Toromont Industries' current full-year earnings is $6.59 per share. National Bank Financial also issued estimates for Toromont Industries' Q4 2025 earnings at $1.88 EPS and FY2026 earnings at $6.60 EPS.

A number of other equities analysts have also recently weighed in on the company. Royal Bank of Canada boosted their price target on Toromont Industries from C$138.00 to C$139.00 and gave the stock an "outperform" rating in a report on Thursday, February 13th. BMO Capital Markets boosted their price target on Toromont Industries from C$134.00 to C$138.00 in a report on Wednesday, February 12th. Scotiabank boosted their price target on Toromont Industries from C$132.00 to C$133.50 and gave the stock a "sector perform" rating in a report on Thursday, February 13th. National Bankshares boosted their price target on Toromont Industries from C$126.00 to C$133.00 and gave the stock an "outperform" rating in a report on Thursday, February 13th. Finally, Canaccord Genuity Group boosted their price target on Toromont Industries from C$130.00 to C$134.00 and gave the stock a "buy" rating in a report on Thursday, February 13th. Three investment analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of C$136.06.

Toromont Industries Price Performance

Shares of TSE TIH traded up C$0.91 during trading on Friday, reaching C$122.01. The company had a trading volume of 128,728 shares, compared to its average volume of 150,775. Toromont Industries has a twelve month low of C$109.83 and a twelve month high of C$135.53. The stock has a market capitalization of C$9.95 billion, a PE ratio of 19.81, a price-to-earnings-growth ratio of 3.72 and a beta of 0.68. The stock has a 50-day moving average price of C$115.91 and a two-hundred day moving average price of C$120.93. The company has a current ratio of 2.37, a quick ratio of 1.38 and a debt-to-equity ratio of 23.04.

Insider Activity at Toromont Industries

In other news, Director Jeffrey Scott Chisholm purchased 4,500 shares of the stock in a transaction on Tuesday, December 10th. The stock was purchased at an average price of C$111.45 per share, with a total value of C$501,525.00. Insiders own 0.27% of the company's stock.

Toromont Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, January 6th. Investors of record on Monday, January 6th were paid a $0.48 dividend. The ex-dividend date was Friday, December 6th. This represents a $1.92 annualized dividend and a yield of 1.57%. Toromont Industries's payout ratio is currently 31.18%.

About Toromont Industries

Toromont Industries Ltd. provides specialized capital equipment in Canada, the United States, and internationally. It operates in two segments, Equipment Group and CIMCO. The Equipment Group segment engages in the sale, rental, and service of mobile equipment for Caterpillar and other manufacturers; sale, rental, and service of engines used in various applications, including industrial, commercial, marine, on-highway trucks, and power generation; and sale of complementary and related products, parts, and services.