OTCMKTS:TMTNF

Toromont Industries - TMTNF Stock Forecast, Price & News

$70.54

-0.43 (-0.61%)

(As of 09/29/2022 09:08 PM ET)

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Today's Range: $70.54
▼
$70.54
50-Day Range: $70.54
▼
$84.12
52-Week Range: $70.54
▼
$96.02

Volume: 100 shs
Average Volume: 2,422 shs
Market Capitalization: N/A

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $121.00

About Toromont Industries (OTCMKTS:TMTNF) Stock

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 building, mining, aggregates, public infrastructure, residential construction, power generation, marine, agriculture, forestry, on-highway truck engines, industrial, demolition, 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 based in Concord, Canada.

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TMTNF Stock News Headlines

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

April 28, 2022 | seekingalpha.com

Toromont declares CAD 0.39 dividend

April 13, 2022 | finance.yahoo.com

TOROMONT TO ANNOUNCE FIRST QUARTER 2022 RESULTS ON APRIL 27, 2022 AND HOLD ANNUAL & SPECIAL MEETING OF SHAREHOLDERS ON APRIL 28, 2022

April 3, 2022 | finance.yahoo.com

What Kind Of Investors Own Most Of Toromont Industries Ltd. (TSE:TIH)?

March 18, 2022 | ca.finance.yahoo.com

3 Linear Growth Stocks for Predictable Wealth Building

March 7, 2022 | finance.yahoo.com

Toromont Industries (TSE:TIH) Is Paying Out A Larger Dividend Than Last Year

February 18, 2022 | finance.yahoo.com

Toromont Industries (TSE:TIH) Is Increasing Its Dividend To CA$0.39

February 10, 2022 | seekingalpha.com

Toromont raises dividend by 11% to CAD 0.39

November 25, 2021 | finance.yahoo.com

Toromont Industries Ltd.'s (TSE:TIH) Stock Has Fared Decently: Is the Market Following Strong Financials?

October 21, 2021 | finance.yahoo.com

Toromont to Announce Third Quarter 2021 Results on Thursday, November 4, 2021

September 29, 2021 | finance.yahoo.com

How Many Toromont Industries Ltd. (TSE:TIH) Shares Do Institutions Own?

September 3, 2021 | finance.yahoo.com

There's A Lot To Like About Toromont Industries' (TSE:TIH) Upcoming CA$0.35 Dividend

October 11, 2020 | in.finance.yahoo.com

Toromont Industries Ltd. (TMTNF)

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TMTNF Company Calendar

Last Earnings: 4/22/2015
Today: 10/03/2022
Next Earnings (Estimated): 11/02/2022

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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: $121.00
High Stock Price Forecast: $130.00
Low Stock Price Forecast: $113.00
Forecasted Upside/Downside: +71.5%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 9 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
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

Mr. Scott J. Medhurst (Age 60)
CEO, Pres & Director
Comp: $1.7M

Mr. Michael Stanley Howie McMillan
Exec. VP & CFO

Mr. Michael P. Cuddy
Chief Information Officer & VP

Mr. Miles Sean Ryan Gregg
Pres of Toromont Cat Construction Division

Mr. William Harvey
Pres of Toromont Cat Mining Division

Ms. Lynn M. Korbak
Gen. Counsel & Corp. Sec.

Ms. Isabelle Leclerc
VP of HR

Mr. David Alan Malinauskas
Pres of CIMCO Refrigeration

Mr. Colin Goheen
Pres of Battlefield Equipment Rentals

Key Competitors

View All Competitors

TMTNF Stock - Frequently Asked Questions

Should I buy or sell Toromont Industries stock right now?: 9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Toromont Industries in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research 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 2022?: 9 analysts have issued 12 month target prices for Toromont Industries' stock. Their TMTNF share price forecasts range from $113.00 to $130.00. On average, they anticipate the company's stock price to reach $121.00 in the next twelve months. This suggests a possible upside of 71.5% 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 2022?: Toromont Industries' stock was trading at $90.32 at the beginning of the year. Since then, TMTNF stock has decreased by 21.9% and is now trading at $70.54.
View the best growth stocks for 2022 here.
When is Toromont Industries' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our TMTNF earnings forecast.

How were Toromont Industries' earnings last quarter?: Toromont Industries Ltd. (OTCMKTS:TMTNF) released its earnings results on Wednesday, April, 22nd. The company reported $0.26 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.28 by $0.02.
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 $70.54.
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 10/3/2022 by MarketBeat.com Staff

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