Toromont Industries Ltd Company Profile (TSE:TIH)

About Toromont Industries Ltd (TSE:TIH)

Toromont Industries Ltd logoToromont Industries Ltd is a Canada-based company, which operates through two segments: Equipment Group and CIMCO. The Company's Equipment Group is involved in supply of specialized mobile equipment and industrial engines. It consists of businesses, including Toromont CAT, Battlefield-The CAT Rental Store, Sitech Mid-Canada Ltd., Toromont Energy Ltd. and AgWest Ltd. Its customer base includes infrastructure contractors, residential and commercial contractors, mining companies, forestry companies, pulp and paper producers, general contractors, utilities, municipalities, marine companies, waste handling companies and agricultural enterprises. CIMCO is involved in the design, engineering, fabrication and installation of industrial and recreational refrigeration systems with operations in Canada and the United States. Its customer base consists of companies engaged in all aspects of food and beverage industry, food and beverage processors, and recreational facilities.

Industry, Sector and Symbol:
  • Sector: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Symbol: TSE:TIH
  • CUSIP: N/A
  • Web: N/A
Capitalization:
  • Market Cap: C$3.56 billion
  • Outstanding Shares: 78,470,000
Average Prices:
  • 50 Day Moving Avg: C$46.78
  • 200 Day Moving Avg: C$44.52
  • 52 Week Range: C$36.18 - C$50.45
P/E:
  • Trailing P/E Ratio: 22.28
  • P/E Growth: 2.55
Sales & Book Value:
  • Annual Revenue: C$1.89 billion
  • Price / Sales: 1.88
  • Book Value: C$11.46 per share
  • Price / Book: 3.96
Dividend:
  • Dividend Yield: 1.7%
Profitability:
  • EBIDTA: C$292.98 million
Misc:
  • Average Volume: 98,548 shs.
  • Short Ratio: 7.6
 

Frequently Asked Questions for Toromont Industries Ltd (TSE:TIH)

What is Toromont Industries Ltd's stock symbol?

Toromont Industries Ltd trades on the Tornton Stock Exchange (TSX) under the ticker symbol "TIH."

How often does Toromont Industries Ltd pay dividends? What is the dividend yield for Toromont Industries Ltd?

Toromont Industries Ltd declared a quarterly dividend on Wednesday, March 8th. Stockholders of record on Monday, April 3rd will be given a dividend of 0.19 per share on Monday, April 3rd. This represents a $0.76 annualized dividend and a dividend yield of 1.68%. The ex-dividend date of this dividend is Wednesday, March 8th. This is an increase from Toromont Industries Ltd's previous quarterly dividend of $0.18. View Toromont Industries Ltd's Dividend History.

How were Toromont Industries Ltd's earnings last quarter?

Toromont Industries Ltd (TSE:TIH) issued its quarterly earnings data on Tuesday, July, 28th. The company reported $0.46 EPS for the quarter, topping the consensus estimate of $0.40 by $0.06. The company earned $484.53 million during the quarter, compared to the consensus estimate of $441.23 million. View Toromont Industries Ltd's Earnings History.

When will Toromont Industries Ltd make its next earnings announcement?

Toromont Industries Ltd is scheduled to release their next quarterly earnings announcement on Monday, July, 24th 2017. View Earnings Estimates for Toromont Industries Ltd.

Where is Toromont Industries Ltd's stock going? Where will Toromont Industries Ltd's stock price be in 2017?

7 brokers have issued 1 year price targets for Toromont Industries Ltd's shares. Their predictions range from C$38.50 to C$51.00. On average, they expect Toromont Industries Ltd's stock price to reach C$44.88 in the next twelve months. View Analyst Ratings for Toromont Industries Ltd.

Who are some of Toromont Industries Ltd's key competitors?

How do I buy Toromont Industries Ltd stock?

Shares of Toromont Industries Ltd and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.

How much does a share of Toromont Industries Ltd stock cost?

One share of Toromont Industries Ltd stock can currently be purchased for approximately C$45.35.

Analyst Ratings

Consensus Ratings for Toromont Industries Ltd (TSE:TIH) (?)
Ratings Breakdown: 7 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: C$44.88

Analysts' Ratings History for Toromont Industries Ltd (TSE:TIH)
Show:
DateFirmActionRatingPrice TargetDetails
5/2/2017Canaccord GenuityBoost Price TargetHoldC$43.00 -> C$50.00View Rating Details
4/28/2017Royal Bank of CanadaDowngradeOutperform -> Sector PerformC$51.00View Rating Details
4/28/2017TD SecuritiesBoost Price TargetHoldC$42.00 -> C$47.00View Rating Details
4/27/2017ScotiabankReiterated RatingSector PerformC$43.50View Rating Details
2/8/2017CIBCBoost Price TargetC$39.00 -> C$44.00View Rating Details
2/7/2017Raymond James Financial, Inc.Boost Price TargetMarket PerformC$40.00 -> C$43.00View Rating Details
12/19/2016National Bank FinancialDowngradeOutperform Overweight -> Sector PerformView Rating Details
7/28/2016BMO Capital MarketsReiterated RatingMarket PerformC$38.50View Rating Details
4/27/2016DesjardinsUpgradeHold -> BuyC$34.00 -> C$38.00View Rating Details
8/4/2015Dundee SecuritiesDowngradeBuy -> NeutralView Rating Details
(Data available from 5/24/2015 forward)

Earnings

Earnings History for Toromont Industries Ltd (TSE:TIH)
Earnings by Quarter for Toromont Industries Ltd (TSE:TIH)
Earnings History by Quarter for Toromont Industries Ltd (TSE:TIH)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/24/2017        
7/28/2015Q2$0.40$0.46$441.23 million$484.53 millionViewListenView Earnings Details
10/27/2014Q3$0.49$0.45$461.00 million$467.43 millionViewN/AView Earnings Details
4/24/2014$0.25$0.24$317.47 million$311.75 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Toromont Industries Ltd (TSE:TIH)
2017 EPS Consensus Estimate: $2.21
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.33$0.34$0.34
Q2 20171$0.58$0.58$0.58
Q3 20171$0.66$0.66$0.66
Q4 20171$0.63$0.63$0.63
(Data provided by Zacks Investment Research)

Dividends

Dividend History by Quarter for Toromont Industries Ltd (TSE:TIH)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/8/2017Quarterly$0.191.65%3/8/20174/3/20174/3/2017
12/7/2016Quarterly$0.181.7%12/7/20161/3/20171/3/2017
9/7/2016Quarterly$0.181.83%9/7/201610/3/201610/3/2016
6/8/2016Quarterly$0.181.95%6/8/20167/4/20167/4/2016
3/8/2016Quarterly$0.182.3%3/8/20164/1/20164/1/2016
12/8/2015Quarterly$0.172.17%12/8/20151/4/20161/4/2016
9/9/2015Quarterly$0.171.92%9/9/201510/1/201510/1/2015
6/9/2015Quarterly$0.172.17%6/9/20157/2/20157/2/2015
3/11/2015Quarterly$0.172.19%3/11/20154/1/20154/1/2015
10/27/2014quarterly$0.152.09%12/9/201412/11/20141/2/2015
7/28/2014quarterly$0.152.21%9/9/20149/11/201410/1/2014
4/24/2014quarterly$0.152.25%6/11/20146/13/20147/2/2014
2/10/2014quarterly$0.152.35%3/11/20143/13/20144/1/2014
11/4/2013$0.1212/9/201312/11/20131/2/2014
11/4/2013quarterly$0.132.03%12/9/201312/11/20131/2/2014
7/29/2013quarterly$0.139/12/201310/1/2013
4/24/2013quarterly$0.136/13/20137/2/2013
2/11/2013quarterly$0.133/13/20134/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Toromont Industries Ltd (TSE:TIH)
Insider Trades by Quarter for Toromont Industries Ltd (TSE:TIH)
Insider Trades by Quarter for Toromont Industries Ltd (TSE:TIH)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/21/2017David Allan MalinauskasInsiderSell1,800C$47.25C$85,050.00
3/24/2016Mike CuddyDirectorSell1,700C$33.17C$56,389.00
3/14/2016Randall CassonDirectorSell6,100C$32.55C$198,555.00
2/12/2016James Wendell GillDirectorBuy10,000C$28.00C$280,000.00
11/26/2015Wayne S HillDirectorSell10,000C$32.05C$320,500.00
11/16/2015John S MccallumDirectorSell1,000C$31.86C$31,860.00
11/6/2015David Alexander GallowayDirectorSell2,200C$32.07C$70,554.00
11/6/2015Paul Randolph JewerInsiderSell7,900C$32.50C$256,750.00
11/5/2015Paul Randolph JewerInsiderSell6,500C$32.50C$211,250.00
9/23/2015Robert M OgilvieDirectorSell3,400C$33.71C$114,597.00
9/22/2015Robert M OgilvieDirectorSell1,600C$33.52C$53,632.00
8/27/2015Robert M OgilvieDirectorSell2,000C$36.00C$72,000.00
8/26/2015David Allan MalinauskasInsiderSell2,000C$35.15C$70,300.00
8/19/2015Scott MedhurstDirectorSell2,900C$36.78C$106,647.50
8/18/2015Robert M OgilvieDirectorSell1,100C$36.69C$40,359.00
8/14/2015David WetheraldInsiderSell5,000C$36.90C$184,500.00
6/22/2015David Allan MalinauskasInsiderSell1,000C$31.15C$31,150.00
5/15/2015David Alexander GallowayDirectorSell4,900C$31.92C$156,383.50
5/14/2015David WetheraldInsiderSell3,000C$32.00C$96,000.00
5/14/2015Mike CuddyDirectorSell6,000C$31.95C$191,700.00
5/12/2015Paul Randolph JewerInsiderBuy1,200C$31.25C$37,500.00
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Toromont Industries Ltd (TSE:TIH)
Latest Headlines for Toromont Industries Ltd (TSE:TIH)
Source:
DateHeadline
finance.yahoo.com logoToromont Industries Ltd. breached its 50 day moving average in a Bearish Manner : TIH-CA : May 15, 2017
finance.yahoo.com - May 15 at 7:22 PM
americanbankingnews.com logoToromont Industries Ltd (TIH) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - May 8 at 2:44 PM
americanbankingnews.com logoToromont Industries Ltd (TIH) Price Target Raised to C$50.00
www.americanbankingnews.com - May 2 at 3:50 PM
americanbankingnews.com logoNational Bank Financial Equities Analysts Raise Earnings Estimates for Toromont Industries Ltd (TIH)
www.americanbankingnews.com - May 1 at 1:08 PM
finance.yahoo.com logoEdited Transcript of TIH.TO earnings conference call or presentation 27-Apr-17 12:00pm GMT - Yahoo Finance
finance.yahoo.com - April 29 at 3:51 PM
finance.yahoo.com logoEdited Transcript of TIH.TO earnings conference call or presentation 27-Apr-17 12:00pm GMT
finance.yahoo.com - April 29 at 10:22 AM
americanbankingnews.com logoRoyal Bank of Canada Downgrades Toromont Industries Ltd (TIH) to Sector Perform
www.americanbankingnews.com - April 29 at 1:05 AM
americanbankingnews.com logoToromont Industries Ltd (TIH) Price Target Raised to C$47.00 at TD Securities
www.americanbankingnews.com - April 29 at 1:05 AM
finance.yahoo.com logoToromont Announces Election of Board of Directors
finance.yahoo.com - April 28 at 10:46 PM
americanbankingnews.com logoToromont Industries Ltd (TIH) Upgraded by Raymond James Financial, Inc. to "Outperform"
www.americanbankingnews.com - April 27 at 3:12 PM
americanbankingnews.com logoToromont Industries Ltd (TIH) PT Set at C$43.50 by Scotiabank
www.americanbankingnews.com - April 27 at 3:12 PM
finance.yahoo.com logoToromont Announces Results for the First Quarter of 2017 and Quarterly Dividend
finance.yahoo.com - April 26 at 8:17 PM
finance.yahoo.com logoToromont Industries Ltd. – Value Analysis (TORONTO:TIH) : April 26, 2017
finance.yahoo.com - April 26 at 8:17 PM
finance.yahoo.com logoMorning News Call - Canada, April 25 - Yahoo Finance
finance.yahoo.com - April 26 at 8:49 AM
americanbankingnews.com logoBrokers Offer Predictions for Toromont Industries Ltd's Q1 2017 Earnings (TIH)
www.americanbankingnews.com - April 26 at 8:21 AM
finance.yahoo.com logoToromont Industries Ltd. breached its 50 day moving average in a Bullish Manner : TIH-CA : April 25, 2017
finance.yahoo.com - April 25 at 7:12 PM
finance.yahoo.com logoToromont to Announce First Quarter 2017 Results on April 26
finance.yahoo.com - April 17 at 7:06 PM
finance.yahoo.com logoToromont Industries Ltd. breached its 50 day moving average in a Bearish Manner : TIH-CA : April 14, 2017
finance.yahoo.com - April 14 at 12:11 PM
americanbankingnews.com logoToromont Industries Ltd (TIH) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - April 11 at 2:35 PM
finance.yahoo.com logoEdited Transcript of TIH.TO earnings conference call or presentation 7-Feb-17 1:00pm GMT
finance.yahoo.com - February 8 at 7:37 AM
finance.yahoo.com logoToromont Announces 2016 Results and 6% Increase in Quarterly Dividend
finance.yahoo.com - February 6 at 9:29 PM
finance.yahoo.com logoToromont to Announce 2016 Annual Results on February 6
finance.yahoo.com - January 23 at 11:49 PM
baystreet.ca logoAir Canada, Celestica at 52-Week Highs
www.baystreet.ca - November 16 at 11:46 AM
finance.yahoo.com logoEdited Transcript of TIH.TO earnings conference call or presentation 8-Nov-16 1:00pm GMT
finance.yahoo.com - November 9 at 10:48 AM
finance.yahoo.com logoToromont Announces Results for the Third Quarter of 2016 and Quarterly Dividend
finance.yahoo.com - November 7 at 8:50 PM
biz.yahoo.com logoQ3 2016 Toromont Industries Ltd Earnings Release - After Market Close
biz.yahoo.com - November 7 at 12:02 PM
finance.yahoo.com logoToromont to Announce Third Quarter 2016 Results on November 7
finance.yahoo.com - October 25 at 7:45 PM
benzinga.com logoCash Dividend On The Way From Toromont Industries (TIH.CA)
www.benzinga.com - September 6 at 7:48 PM

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Chart

Toromont Industries Ltd (TIH) Chart for Wednesday, May, 24, 2017

This page was last updated on 5/24/2017 by MarketBeat.com Staff