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MU   69.09 (+0.00%)
CGC   0.83 (-1.07%)
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PFE   38.41 (+1.03%)
PYPL   63.99 (+1.49%)
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OTCMKTS:TMTNF

Toromont Industries (TMTNF) Stock Forecast, Price & News

$78.88
+0.57 (+0.73%)
(As of 06/1/2023 ET)
Compare
Today's Range
$78.88
▼
$78.88
50-Day Range
$77.62
▼
$83.69
52-Week Range
$70.14
▼
$88.80
Volume
132 shs
Average Volume
1,251 shs
Market Capitalization
N/A
P/E Ratio
50.16
Dividend Yield
0.57%
Price Target
$124.13
ProfileAnalyst RatingsChartCompetitorsHeadlinesShort Interest

Toromont Industries MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
57.4% Upside
$124.13 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™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.97 out of 5 stars

See Top Rated MarketRank™ Stocks Here

TMTNF stock logo

About Toromont Industries (OTCMKTS:TMTNF) Stock

Toromont Industries Ltd. engages in the distribution of construction equipment, power systems, and refrigeration systems. It operates through the Equipment Group and CIMCO segments. The Equipment Group segment comprises of Toromont CAT, Battlefield, Sitech, and AgWest. The CIMCO segment relates in the design, engineering, fabrication, installation, and after-sale support of refrigeration systems in industrial and recreational markets. The company was founded on January 31, 1961 and is headquartered in Concord, Canada.

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TMTNF Stock News Headlines

May 4, 2023 | finance.yahoo.com
Toromont Industries (TSE:TIH) Is Increasing Its Dividend To CA$0.43
May 4, 2023 | americanbankingnews.com
BMO Capital Markets Raises Toromont Industries (OTCMKTS:TMTNF) Price Target to C$124.00
June 2, 2023 | Edge On The Street (Ad)
The Real Problem With "Made in America" Lithium
Politicians love to say they support "Made in America" when it comes to manufacturing. But when it comes to lithium - the metal fueling our transition to electric vehicles - it's not that simple.
May 3, 2023 | americanbankingnews.com
Scotiabank Increases Toromont Industries (OTCMKTS:TMTNF) Price Target to C$125.00
May 3, 2023 | americanbankingnews.com
National Bank Financial Increases Toromont Industries (OTCMKTS:TMTNF) Price Target to C$126.00
May 3, 2023 | americanbankingnews.com
Royal Bank of Canada Increases Toromont Industries (OTCMKTS:TMTNF) Price Target to C$133.00
May 2, 2023 | americanbankingnews.com
Toromont Industries (OTCMKTS:TMTNF) Given New C$130.00 Price Target at TD Securities
April 29, 2023 | msn.com
Toromont Industries (TMTNF) Declares $0.43 Dividend
June 2, 2023 | Edge On The Street (Ad)
The Graphite Shortage Story You're Not Being Told
Graphite demand for EV batteries is expected to increase 10X from 2020 to 2030. And today, with NO graphite-producing mines in N. America, China has a stranglehold on our graphite supply. That's why the U.S. government is spending billions of dollars to ensure an adequate domestic supply of this metal that's vital for energy independence and national security.
April 27, 2023 | finance.yahoo.com
TOROMONT ANNOUNCES APPOINTMENT OF MICHAEL MCMILLAN AS PRESIDENT AND CEO FOLLOWING RETIREMENT OF SCOTT MEDHURST
April 27, 2023 | finance.yahoo.com
TOROMONT ANNOUNCES RESULTS FOR THE FIRST QUARTER OF 2023 AND QUARTERLY DIVIDEND
April 18, 2023 | finance.yahoo.com
Here's Why We Think Toromont Industries (TSE:TIH) Is Well Worth Watching
February 17, 2023 | seekingalpha.com
Toromont Industries raises quarterly dividend by 10.3% to CAD 0.43/share
February 16, 2023 | finance.yahoo.com
Toromont Industries Full Year 2022 Earnings: Beats Expectations
February 14, 2023 | finance.yahoo.com
TOROMONT ANNOUNCES 2022 FOURTH QUARTER AND FULL YEAR RESULTS AND INCREASES QUARTERLY DIVIDEND
January 31, 2023 | finance.yahoo.com
TOROMONT TO ANNOUNCE 2022 FULL YEAR AND FOURTH QUARTER RESULTS ON FEBRUARY 14, 2023
November 1, 2022 | finance.yahoo.com
TOROMONT ANNOUNCES RESULTS FOR THE THIRD QUARTER OF 2022 AND QUARTERLY DIVIDEND
September 10, 2022 | finance.yahoo.com
While institutions invested in Toromont Industries Ltd. (TSE:TIH) benefited from last week's 3.4% gain, individual investors stood to gain the most
September 7, 2022 | finance.yahoo.com
Toromont Industries Ltd. to Build New Remanufacturing Facility in Bradford West Gwillimbury
July 26, 2022 | finance.yahoo.com
TOROMONT ANNOUNCES RESULTS FOR THE SECOND QUARTER OF 2022 AND QUARTERLY DIVIDEND
July 12, 2022 | finance.yahoo.com
TOROMONT TO ANNOUNCE SECOND QUARTER 2022 RESULTS ON JULY 26, 2022
June 17, 2022 | finance.yahoo.com
Is Toromont Industries Ltd. (TSE:TIH) Trading At A 21% Discount?
June 3, 2022 | finance.yahoo.com
There's A Lot To Like About Toromont Industries' (TSE:TIH) Upcoming CA$0.39 Dividend
June 2, 2022 | finance.yahoo.com
Toromont Announces the Planned Retirement of Scott Medhurst, President and Chief Executive Officer
May 30, 2022 | finance.yahoo.com
Do Toromont Industries's (TSE:TIH) Earnings Warrant Your Attention?
April 29, 2022 | finance.yahoo.com
RBC Capital, BMO Boost Toromont Industries Price Target
April 28, 2022 | seekingalpha.com
Toromont Industries Ltd.'s (TMTNF) CEO Scott Medhurst on Q1 2022 Results - Earnings Call Transcript
See More Headlines

TMTNF Price History

TMTNF Company Calendar

Last Earnings
4/22/2015
Today
6/02/2023
Next Earnings (Estimated)
7/24/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
OTCMKTS
Industry
Wholesale Distributors
Sub-Industry
N/A
Sector
Distribution Services
Current Symbol
OTCMKTS:TMTNF
CUSIP
N/A
CIK
N/A
Web
www.toromont.com
Phone
(416) 667-5511
Fax
N/A
Employees
6,400
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$124.13
High Stock Price Forecast
$133.00
Low Stock Price Forecast
$113.00
Forecasted Upside/Downside
+57.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

EPS (Most Recent Fiscal Year)
N/A
Trailing P/E Ratio
50.16
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
N/A
Net Margins
N/A
Pretax Margin
N/A
Return on Equity
N/A
Return on Assets
N/A

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
N/A
Quick Ratio
N/A

Sales & Book Value

Annual Sales
N/A
Price / Sales
N/A
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
N/A
Price / Book
N/A

Miscellaneous

Outstanding Shares
N/A
Free Float
N/A
Market Cap
N/A
Optionable
Not Optionable
Beta
N/A

Key Executives

  • Scott J. Medhurst
    President, Chief Executive Officer & Director
  • Michael S. H. McMillan
    Chief Financial Officer & Executive Vice President
  • Michael P. Cuddy
    Chief Information Officer & Vice President
  • Jennifer J. Cochrane
    Vice President-Finance
  • Colin Goheen
    President-Battlefield Equipment Rentals

Key Competitors

View All Competitors













TMTNF Stock - Frequently Asked Questions

Should I buy or sell Toromont Industries stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Toromont Industries in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" TMTNF shares.
View TMTNF analyst ratings or view top-rated stocks.

What is Toromont Industries' stock price forecast for 2023?

3 brokers have issued 12-month price objectives for Toromont Industries' stock. Their TMTNF share price forecasts range from $113.00 to $133.00. On average, they anticipate the company's share price to reach $124.13 in the next twelve months. This suggests a possible upside of 57.4% 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 2023?

Toromont Industries' stock was trading at $71.4380 at the beginning of the year. Since then, TMTNF shares have increased by 10.4% and is now trading at $78.8841.
View the best growth stocks for 2023 here.

When is Toromont Industries' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, July 24th 2023.
View our TMTNF earnings forecast.

How were Toromont Industries' earnings last quarter?

Toromont Industries Ltd. (OTCMKTS:TMTNF) issued its quarterly earnings data on Wednesday, April, 22nd. The company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate 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%.

What is Toromont Industries' stock symbol?

Toromont Industries trades on the OTCMKTS under the ticker symbol "TMTNF."

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Toromont Industries' stock price today?

One share of TMTNF stock can currently be purchased for approximately $78.88.

How many employees does Toromont Industries have?

The company employs 6,400 workers across the globe.

How can I contact Toromont Industries?

Toromont Industries' mailing address is 3131 Highway 7 West, Concord, ON L4K. The official website for the company is www.toromont.com. The company can be reached via phone at (416) 667-5511.

This page (OTCMKTS:TMTNF) was last updated on 6/2/2023 by MarketBeat.com Staff

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