Q3 EPS Forecast for Toromont Industries Increased by Analyst

Key Points

• Analysts at National Bank Financial have increased Toromont Industries' Q3 2025 EPS forecast to $1.61, up from $1.56.
• CIBC and BMO Capital Markets raised their target prices for Toromont Industries, now set at C$148.00 and C$147.00 respectively.
• The company has announced a quarterly dividend of $0.52, representing an annual yield of 1.5%, payable on October 3rd.

Toromont Industries Ltd. (TSE:TIH - Free Report) - Analysts at National Bank Financial upped their Q3 2025 earnings per share (EPS) estimates for Toromont Industries in a research note issued to investors on Wednesday, July 30th. National Bank Financial analyst M. Sytchev now expects that the company will post earnings of $1.61 per share for the quarter, up from their previous forecast of $1.56. The consensus estimate for Toromont Industries' current full-year earnings is $6.59 per share.

Several other research analysts have also recently issued reports on the company. CIBC lifted their target price on Toromont Industries from C$129.00 to C$148.00 and gave the company a "neutral" rating in a research report on Thursday. BMO Capital Markets lifted their target price on Toromont Industries from C$140.00 to C$147.00 in a research report on Wednesday, July 30th. Canaccord Genuity Group cut their target price on Toromont Industries from C$134.00 to C$131.00 and set a "buy" rating on the stock in a research report on Friday, May 2nd. Scotiabank lifted their target price on Toromont Industries from C$132.00 to C$140.00 and gave the company a "sector perform" rating in a research report on Thursday. Finally, National Bankshares lifted their target price on Toromont Industries from C$130.00 to C$140.00 and gave the company an "outperform" rating in a research report on Thursday. Three equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of C$140.50.

Toromont Industries Price Performance

Shares of TSE:TIH opened at C$140.49 on Monday. The stock has a market cap of C$11.46 billion, a price-to-earnings ratio of 22.82, a PEG ratio of 3.72 and a beta of 0.68. The company has a quick ratio of 1.38, a current ratio of 2.37 and a debt-to-equity ratio of 23.04. Toromont Industries has a 12-month low of C$107.32 and a 12-month high of C$142.05. The business's 50 day moving average is C$124.82 and its 200 day moving average is C$119.29.

Insiders Place Their Bets

In other Toromont Industries news, Director David Allan Malinauskas sold 250 shares of the business's stock in a transaction on Wednesday, May 14th. The stock was sold at an average price of C$118.71, for a total value of C$29,677.50. Following 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 ownership of the stock. Also, Senior Officer Jennifer Cochrane sold 5,000 shares of the business's stock in a transaction on Monday, May 12th. The stock was sold at an average price of C$116.00, for a total value of C$580,000.00. Over the last quarter, insiders have sold 15,450 shares of company stock valued at $1,818,938. Insiders own 0.27% of the company's stock.

Toromont Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 3rd. Shareholders of record on Friday, September 5th will be given a $0.52 dividend. This represents a $2.08 annualized dividend and a yield of 1.5%. Toromont Industries's dividend payout ratio is currently 31.18%.

About Toromont Industries

Toromont Industries Ltd is a Canadian industrial company. The company operates two business segments: Equipment Group and CIMCO. The larger segment by revenue, Equipment Group includes a Caterpillar dealership and rental operation of construction equipment. CIMCO offers solutions for the design, engineering, fabrication, and installation of industrial and recreational refrigeration systems.

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