Toromont Industries (TMTNF) 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: $83.79 to $83.79
• 50-Day Range: $79.11 to $98.08
• 52-Week Range: $79.11 to $98.22
• Volume: 250 shs
• Average Volume: 5,313 shs
• Market Capitalization: N/A
• P/E Ratio: 53.28
• Dividend Yield: 0.54%
• Price Target: $135.00
• Consensus Rating: Moderate Buy

Toromont Industries Stock Analysis - MarketRank™

Toromont Industries scored higher than 54% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Toromont Industries has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Toromont Industries has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Toromont Industries is 53.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.95.

Price to Earnings Ratio vs. Sector

The P/E ratio of Toromont Industries is 53.28, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 507.47.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Toromont Industries has a short interest ratio ("days to cover") of 31.8, which indicates bearish sentiment.

Change versus previous month

Short interest in Toromont Industries has recently decreased by 23.70%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Toromont Industries pays a meaningful dividend of 2.37%, 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 28.61%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Toromont Industries has a short interest ratio ("days to cover") of 31.8, which indicates bearish sentiment.

Change versus previous month

Short interest in Toromont Industries has recently decreased by 23.70%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: N/A
• News Sentiment: N/A

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Toromont Industries insiders have not sold or bought any company stock.

Percentage Held by Institutions

53.32% of the stock of Toromont Industries is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

TMTNF Stock Analysis - Frequently Asked Questions

How have TMTNF shares performed this year?

Toromont Industries' stock was trading at $86.15 on January 1st, 2024. Since then, TMTNF shares have decreased by 2.7% and is now trading at $83.79.
View the best growth stocks for 2024 here.

How were Toromont Industries' earnings last quarter?

Toromont Industries Ltd. (OTCMKTS:TMTNF) issued its quarterly earnings results on Wednesday, April, 22nd. The company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.28 by $0.02.

How do I buy shares of Toromont Industries?

Shares of TMTNF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Last Earnings: 4/22/2015
• Today: 11/23/2024

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Industrials
• Industry: Industrial Distribution
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:TMTNF
• CUSIP: N/A
• CIK: N/A
• Web: www.toromont.com
• Phone: (416) 667-5511
• Fax: N/A
• Employees: 7,000
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $135.00
• High Stock Price Target: $135.00
• Low Stock Price Target: $135.00
• Potential Upside/Downside: +61.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: 53.28
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A