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OTCMKTS:TMTNF

Toromont Industries (TMTNF) Stock Price, News & Analysis

Toromont Industries logo
$85.06
-3.73 (-4.20%)
(As of 11/5/2024 ET)

About Toromont Industries Stock (OTCMKTS:TMTNF)

Key Stats

Today's Range
$85.06
$85.06
50-Day Range
$79.11
$98.08
52-Week Range
$79.11
$98.22
Volume
331 shs
Average Volume
5,548 shs
Market Capitalization
N/A
P/E Ratio
54.08
Dividend Yield
0.53%
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
43rd Percentile Overall Score

TMTNF MarketRank™: 

Toromont Industries scored higher than 43% 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 56.46, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.17.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Toromont Industries is 56.46, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 527.81.

  • Percentage of Shares Shorted

  • Short Interest Ratio / Days to Cover

    Toromont Industries has a short interest ratio ("days to cover") of 49.5, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Toromont Industries has recently decreased by 7.80%, 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 49.5, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Toromont Industries has recently decreased by 7.80%, indicating that investor sentiment is improving significantly.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Toromont Industries this week, compared to 0 articles on an average week.
  • 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

Toromont downgraded to Sector Perform from Outperform at National Bank
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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 stock has increased by 3.1% and is now trading at $88.7950.
View the best growth stocks for 2024 here
.

Toromont Industries Ltd. (OTCMKTS:TMTNF) announced its earnings results on Wednesday, April, 22nd. The company reported $0.26 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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
11/05/2024

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
+52.0%
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 11/5/2024 by MarketBeat.com Staff
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