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OTCMKTS:TMTNF

Toromont Industries (TMTNF) Stock Price, News & Analysis

$90.44
0.00 (0.00%)
(As of 05/17/2024)
Today's Range
$90.44
$90.44
50-Day Range
$89.94
$97.90
52-Week Range
$76.18
$97.90
Volume
7,354 shs
Average Volume
3,852 shs
Market Capitalization
N/A
P/E Ratio
57.50
Dividend Yield
0.50%
Price Target
$118.75

Toromont Industries MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
31.3% Upside
$118.75 Price Target
Short Interest
Bearish
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.37 out of 5 stars

TMTNF stock logo

About Toromont Industries Stock (OTCMKTS:TMTNF)

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.

TMTNF Stock Price History

TMTNF Stock News Headlines

Toromont Industries Ltd. (TIH.TO)
Toromont Industries just downgraded at Scotiabank, here's why
TMTNF Toromont Industries Ltd.
See More Headlines
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Company Calendar

Last Earnings
4/22/2015
Today
5/21/2024
Next Earnings (Estimated)
7/24/2024

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
$118.75
High Stock Price Target
$135.00
Low Stock Price Target
$105.00
Potential Upside/Downside
+31.3%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 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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Key Executives

  • Mr. Michael Stanley Howie McMillan
    CEO, President & Director
  • Mr. Michael P. Cuddy
    Chief Information Officer & VP
  • Mr. Miles Sean Ryan Gregg
    President of Toromont Cat Construction Division
  • Mr. William Harvey
    President of Toromont Cat Mining Division
  • Mr. John Marshall Doolittle (Age 60)
    Executive VP & CFO
  • Ms. Lynn M. Korbak
    General Counsel & Corporate Secretary
  • Ms. Isabelle Leclerc
    Vice President of Human Resources
  • Mr. Joel Couture
    Chief Operating Officer - Toromont Cat
  • Mr. David Alan Malinauskas
    President of CIMCO Refrigeration
  • Mr. Colin Goheen
    President of Battlefield Equipment Rentals

TMTNF Stock Analysis - Frequently Asked Questions

Should I buy or sell Toromont Industries stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Toromont Industries in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" TMTNF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TMTNF, but not buy additional shares or sell existing shares.
View TMTNF analyst ratings
or view top-rated stocks.

What is Toromont Industries' stock price target for 2024?

1 Wall Street analysts have issued 1 year price objectives for Toromont Industries' stock. Their TMTNF share price targets range from $105.00 to $135.00. On average, they predict the company's share price to reach $118.75 in the next twelve months. This suggests a possible upside of 31.3% from the stock's current price.
View analysts price targets for TMTNF
or view top-rated stocks among Wall Street analysts.

How have TMTNF shares performed in 2024?

Toromont Industries' stock was trading at $86.15 at the beginning of the year. Since then, TMTNF stock has increased by 5.0% and is now trading at $90.44.
View the best growth stocks for 2024 here
.

Are investors shorting Toromont Industries?

Toromont Industries saw a decrease in short interest in the month of April. As of April 30th, there was short interest totaling 192,200 shares, a decrease of 17.9% from the April 15th total of 234,100 shares. Based on an average trading volume of 9,600 shares, the short-interest ratio is presently 20.0 days.
View Toromont Industries' Short Interest
.

When is Toromont Industries' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024.
View our TMTNF earnings forecast
.

How were Toromont Industries' earnings last quarter?

Toromont Industries Ltd. (OTCMKTS:TMTNF) announced its earnings results on Wednesday, April, 22nd. The company reported $0.26 earnings per share for the quarter, missing analysts' consensus estimates of $0.28 by $0.02.

Is Toromont Industries a good dividend stock?

Toromont Industries (OTCMKTS:TMTNF) pays an annual dividend of $0.45 per share and currently has a dividend yield of 2.37%. The dividend payout ratio is 28.61%. This payout ratio is at a healthy, sustainable level, below 75%.

How do I buy shares of Toromont Industries?

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.

This page (OTCMKTS:TMTNF) was last updated on 5/21/2024 by MarketBeat.com Staff

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