National Bank Financial Weighs in on TSE:TIH Q4 Earnings

Toromont Industries Ltd. (TSE:TIH - Free Report) - National Bank Financial lifted their Q4 2025 earnings per share estimates for Toromont Industries in a report released on Monday, July 14th. National Bank Financial analyst M. Sytchev now expects that the company will post earnings of $1.86 per share for the quarter, up from their previous estimate of $1.77. The consensus estimate for Toromont Industries' current full-year earnings is $6.59 per share.

A number of other equities research analysts also recently commented on the company. BMO Capital Markets lowered their price objective on Toromont Industries from C$130.00 to C$128.00 and set an "outperform" rating for the company in a research report on Friday, May 2nd. CIBC increased their price target on Toromont Industries from C$120.00 to C$129.00 in a research report on Friday. Canaccord Genuity Group reduced their price objective on Toromont Industries from C$134.00 to C$131.00 and set a "buy" rating for the company in a research note on Friday, May 2nd. TD Securities cut their price objective on Toromont Industries from C$143.00 to C$136.00 and set a "buy" rating for the company in a report on Monday, May 5th. Finally, Raymond James Financial cut their target price on Toromont Industries from C$130.00 to C$122.00 and set a "market perform" rating on the stock in a report on Friday, May 2nd. Three investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of C$130.75.

Toromont Industries Price Performance

Shares of TIH traded down C$1.66 during mid-day trading on Thursday, hitting C$128.74. The company's stock had a trading volume of 147,506 shares, compared to its average volume of 148,017. The company has a current ratio of 2.37, a quick ratio of 1.38 and a debt-to-equity ratio of 23.04. The firm has a 50-day simple moving average of C$121.39 and a 200 day simple moving average of C$117.86. The firm has a market capitalization of C$10.50 billion, a P/E ratio of 20.91, a P/E/G ratio of 3.72 and a beta of 0.68. Toromont Industries has a 1-year low of C$107.32 and a 1-year high of C$134.88.

Toromont Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 3rd. Shareholders of record on Thursday, July 3rd were issued a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a yield of 1.62%. The ex-dividend date was Friday, June 6th. Toromont Industries's dividend payout ratio is 31.18%.

Insider Transactions at Toromont Industries

In other news, Director Frederick James Mifflin acquired 500 shares of the stock in a transaction that occurred on Friday, May 2nd. The stock was acquired at an average price of C$110.05 per share, for a total transaction of C$55,025.00. Also, Director David Allan Malinauskas sold 250 shares of the company's stock in a transaction on Wednesday, May 14th. The shares were sold at an average price of C$118.71, for a total transaction of C$29,677.50. Following the completion of the sale, the director owned 600 shares of the company's stock, valued at approximately C$71,226. This represents a 29.41% decrease in their position. Insiders sold a total of 15,450 shares of company stock worth $1,818,938 in the last quarter. 0.27% of the stock is owned by corporate insiders.

About Toromont Industries

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.