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OTCMKTS:TMTNF

Toromont Industries (TMTNF) Stock Price, News & Analysis

Toromont Industries logo
$83.79 +1.26 (+1.53%)
(As of 11/22/2024 ET)

About Toromont Industries Stock (OTCMKTS:TMTNF)

Key Stats

Today's Range
$83.79
$83.79
50-Day Range
$79.11
$98.08
52-Week Range
$79.11
$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

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.

Toromont Industries Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
54th Percentile Overall Score

TMTNF 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.

  • 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.

  • 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 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.

  • 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 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%.

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

    • Read more about Toromont Industries' insider trading history.
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    TMTNF Stock News Headlines

    Buffett Dumps $982 Million in BofA Stock—What Does He Know?
    Buffett's been eerily quiet about his reasons, but his actions speak volumes. When someone with his track record starts pulling out of the market, it's time to pay attention.
    Toromont downgraded to Sector Perform from Outperform at National Bank
    Toromont Industries Acquires Tri-City Equipment Rentals
    See More Headlines

    TMTNF Stock Analysis - Frequently Asked Questions

    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
    .

    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.

    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

    Industry
    Industrial Distribution
    Sub-Industry
    N/A
    Current Symbol
    OTCMKTS:TMTNF
    CIK
    N/A
    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

    Pretax Margin
    N/A

    Debt

    Sales & Book Value

    Annual Sales
    N/A

    Miscellaneous

    Free Float
    N/A
    Optionable
    Not Optionable
    Beta
    N/A
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    This page (OTCMKTS:TMTNF) was last updated on 11/23/2024 by MarketBeat.com Staff
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