Equities Analysts Offer Predictions for TSE:TIH Q2 Earnings

Toromont Industries Ltd. (TSE:TIH - Free Report) - Equities research analysts at National Bank Financial reduced their Q2 2025 EPS estimates for Toromont Industries in a research note issued to investors on Monday, July 14th. National Bank Financial analyst M. Sytchev now forecasts that the company will post earnings of $1.51 per share for the quarter, down from their prior estimate of $1.59. The consensus estimate for Toromont Industries' current full-year earnings is $6.59 per share. National Bank Financial also issued estimates for Toromont Industries' Q3 2025 earnings at $1.56 EPS.

Several other equities analysts have also weighed in on the stock. Canaccord Genuity Group decreased their target price on shares of Toromont Industries from C$134.00 to C$131.00 and set a "buy" rating on the stock in a report on Friday, May 2nd. BMO Capital Markets reduced their price target on shares of Toromont Industries from C$130.00 to C$128.00 and set an "outperform" rating on the stock in a research note on Friday, May 2nd. TD Securities reduced their price target on shares of Toromont Industries from C$143.00 to C$136.00 and set a "buy" rating on the stock in a research note on Monday, May 5th. Scotiabank reduced their price target on shares of Toromont Industries from C$133.50 to C$128.00 and set a "sector perform" rating on the stock in a research note on Friday, May 2nd. Finally, Raymond James Financial reduced their price target on shares of Toromont Industries from C$130.00 to C$122.00 and set a "market perform" rating on the stock in a research note on Friday, May 2nd. Three analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of C$129.63.

Toromont Industries Trading Down 1.1%

TSE:TIH traded down C$1.38 on Wednesday, hitting C$129.02. The stock had a trading volume of 23,851 shares, compared to its average volume of 147,089. The company has a quick ratio of 1.38, a current ratio of 2.37 and a debt-to-equity ratio of 23.04. The stock has a market cap of C$10.52 billion, a price-to-earnings ratio of 20.95, a PEG ratio of 3.72 and a beta of 0.68. The company has a fifty day moving average price of C$121.08 and a two-hundred day moving average price of C$117.69. Toromont Industries has a 1-year low of C$107.32 and a 1-year high of C$134.88.

Insider Activity

In other Toromont Industries news, Senior Officer Mike Cuddy sold 5,000 shares of the business's stock in a transaction that occurred on Tuesday, May 13th. The shares were sold at an average price of C$117.10, for a total transaction of C$585,500.00. 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 transaction, the director owned 600 shares of the company's stock, valued at approximately C$71,226. The trade was a 29.41% decrease in their position. Over the last quarter, insiders have sold 15,450 shares of company stock worth $1,818,938. Insiders own 0.27% of the company's stock.

Toromont Industries Dividend Announcement

The company also recently declared 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 1.61%. The ex-dividend date was Friday, June 6th. Toromont Industries's dividend payout ratio (DPR) is presently 31.18%.

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.