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TSE:TIH

Toromont Industries (TIH) Stock Price, News & Analysis

Toromont Industries logo
C$113.09 +0.58 (+0.52%)
As of 02:59 PM Eastern

About Toromont Industries Stock (TSE:TIH)

Key Stats

Today's Range
C$111.17
C$113.71
50-Day Range
C$111.47
C$123.12
52-Week Range
C$109.83
C$135.53
Volume
38,150 shs
Average Volume
149,441 shs
Market Capitalization
C$9.22 billion
P/E Ratio
18.37
Dividend Yield
1.70%
Price Target
C$136.06
Consensus Rating
Moderate Buy

Company Overview

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. This segment serves road building, mining, aggregates, infrastructure, residential and commercial construction, power generation, agriculture, forestry, and waste management markets. The CIMCO segment is involved in the design, engineering, fabrication, installation, and after-sale support of refrigeration systems in industrial and recreational markets. This segment primarily serves beverage and food processing, cold storage, food distribution, mining, and recreational ice rink sectors. Toromont Industries Ltd. was founded in 1961 and is headquartered in Concord, Canada.

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Toromont Industries Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
49th Percentile Overall Score

TIH MarketRank™: 

Toromont Industries scored higher than 49% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Toromont Industries has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Toromont Industries has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Toromont Industries' stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Toromont Industries is 18.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 22.49.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Toromont Industries is 18.37, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 21.70.

  • Price to Earnings Growth Ratio

    Toromont Industries has a PEG Ratio of 3.72. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Toromont Industries has a P/B Ratio of 3.14. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Short Interest

    There is no current short interest data available for TIH.
  • Dividend Yield

    Toromont Industries pays a meaningful dividend of 1.55%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Toromont Industries does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Toromont Industries is 31.18%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Read more about Toromont Industries' dividend.
  • Short Interest

    There is no current short interest data available for TIH.
  • News Sentiment

    Toromont Industries has a news sentiment score of -0.76. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.60 average news sentiment score of Industrials companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Toromont Industries this week, compared to 2 articles on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, Toromont Industries insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$1,204,504.00 in company stock.

  • Percentage Held by Insiders

    Only 0.27% of the stock of Toromont Industries is held by insiders.

  • Percentage Held by Institutions

    51.44% of the stock of Toromont Industries is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Toromont Industries' insider trading history.
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TIH Stock Analysis - Frequently Asked Questions

Toromont Industries' stock was trading at C$113.64 on January 1st, 2025. Since then, TIH stock has decreased by 0.5% and is now trading at C$113.09.
View the best growth stocks for 2025 here
.

Toromont Industries Ltd. (TSE:TIH) posted its quarterly earnings results on Monday, November, 4th. The company reported $1.59 EPS for the quarter, missing the consensus estimate of $1.67 by $0.08. Toromont Industries had a net margin of 10.09% and a trailing twelve-month return on equity of 17.74%.

Shares of TIH stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

Based on aggregate information from My MarketBeat watchlists, some other companies that Toromont Industries investors own include Barrick Gold (ABX), TELUS (T), Toronto-Dominion Bank (TD), Whitecap Resources (WCP), NVIDIA (NVDA), Algonquin Power & Utilities (AQN) and BCE (BCE).

Company Calendar

Last Earnings
11/04/2024
Ex-Dividend for 1/6 Dividend
12/06/2024
Record date for 1/6 Dividend
1/06/2025
Dividend Payable
1/06/2025
Ex-Dividend for 4/4 Dividend
3/07/2025
Today
3/31/2025
Record date for 4/4 Dividend
4/04/2025
Dividend Payable
4/04/2025

Industry, Sector and Symbol

Stock Exchange
TSE
Industry
Industrial Distribution
Sub-Industry
N/A
Current Symbol
TSE:TIH
CIK
N/A
Fax
N/A
Employees
7,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$136.06
High Stock Price Target
C$150.00
Low Stock Price Target
C$130.00
Potential Upside/Downside
+20.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
8 Analysts

Profitability

Trailing P/E Ratio
18.37
Forward P/E Ratio
17.16
P/E Growth
3.72
Net Income
C$503.10 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$4.99 billion
Cash Flow
C$10.61 per share
Price / Cash Flow
10.66
Book Value
C$35.99 per share
Price / Book
3.14

Miscellaneous

Free Float
N/A
Market Cap
C$9.22 billion
Optionable
Not Optionable
Beta
0.68
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This page (TSE:TIH) was last updated on 3/31/2025 by MarketBeat.com Staff
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