Toromont Industries (TIH) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: C$108.42 to C$112.11
• 50-Day Range: C$111.01 to C$123.07
• 52-Week Range: C$108.42 to C$135.53
• Volume: 257,519 shs
• Average Volume: 152,945 shs
• Market Capitalization: C$9.11 billion
• P/E Ratio: 18.14
• Dividend Yield: 1.72%
• Price Target: C$136.06
• Consensus Rating: Moderate Buy

TIH Stock Analysis - Frequently Asked Questions

How have TIH shares performed this year?

Toromont Industries' stock was trading at C$113.64 at the beginning of the year. Since then, TIH shares have decreased by 1.7% and is now trading at C$111.70.
View the best growth stocks for 2025 here.

How were Toromont Industries' earnings last quarter?

Toromont Industries Ltd. (TSE:TIH) issued its quarterly earnings data on Monday, November, 4th. The company reported $1.59 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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%.

How do I buy shares of Toromont Industries?

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.

What other stocks do shareholders of Toromont Industries own?

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: 4/04/2025
• Record date for 4/4 Dividend: 4/04/2025
• Dividend Payable: 4/04/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Industrials
• Industry: Industrial Distribution
• Sub-Industry: N/A
• Current Symbol: TSE:TIH
• CIK: N/A
• Web: www.toromont.com
• Phone: +1-416-6675511
• 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: +23.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.75
• Research Coverage: 8 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$6.16
• Trailing P/E Ratio: 17.95
• Forward P/E Ratio: 16.78
• P/E Growth: 3.72
• Net Income: C$503.10 million
• Net Margins: 10.09%
• Pretax Margin: N/A
• Return on Equity: 17.74%
• Return on Assets: 9.56%

Debt

• Debt-to-Equity Ratio: 23.04
• Current Ratio: 2.37
• Quick Ratio: 1.38

Sales & Book Value

• Annual Sales: C$4.99 billion
• Price / Sales: 1.81
• Cash Flow: C$10.37 per share
• Price / Cash Flow: 10.66
• Book Value: C$35.99 per share
• Price / Book: 3.07

Miscellaneous

• Outstanding Shares: 81,556,247
• Free Float: N/A
• Market Cap: C$9.02 billion
• Optionable: Not Optionable
• Beta: 0.68