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TSE:TIHToromont Industries Stock Price, Forecast & News

C$64.69
+0.05 (+0.08 %)
(As of 05/25/2020 04:00 PM ET)
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Today's Range
C$64.10
Now: C$64.69
C$65.00
50-Day Range
C$59.24
MA: C$63.66
C$65.56
52-Week Range
C$52.36
Now: C$64.69
C$74.68
Volume29,510 shs
Average Volume174,693 shs
Market CapitalizationC$5.30 billion
P/E Ratio18.71
Dividend Yield1.92%
BetaN/A
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 is involved 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, public infrastructure, residential construction, power generation, marine, agriculture, forestry, on-highway truck engines, industrial, demolition, and waste management sectors. The CIMCO segment is involved in the design, engineering, fabrication, installation, and after-sale support of refrigeration systems in industrial and recreational markets. Toromont Industries Ltd. was founded in 1961 and is based in Concord, Canada.
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Beat the Market (BTM) Rank

Analyst Opinion: 1.4Community Rank: 2.2Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.22 out of 5 stars


Industry, Sector and Symbol

Industry Industrial Distribution
Sub-IndustryN/A
SectorIndustrials
CUSIPN/A
CIKN/A
Phone+1-416-6675511

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesC$3.69 billion
Cash FlowC$4.75 per share
Book ValueC$19.22 per share

Profitability

Miscellaneous

Employees6,000
Market CapC$5.30 billion
Next Earnings Date7/22/2020 (Estimated)
OptionableNot Optionable

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Toromont Industries (TSE:TIH) Frequently Asked Questions

How has Toromont Industries' stock been impacted by COVID-19 (Coronavirus)?

Toromont Industries' stock was trading at C$63.46 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, TIH stock has increased by 1.9% and is now trading at C$64.69. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Toromont Industries?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Toromont Industries in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Toromont Industries.

When is Toromont Industries' next earnings date?

Toromont Industries is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Toromont Industries.

How were Toromont Industries' earnings last quarter?

Toromont Industries Ltd (TSE:TIH) issued its quarterly earnings data on Thursday, April, 30th. The company reported $0.45 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.49 by $0.04. The company earned $715.46 million during the quarter, compared to analysts' expectations of $748.40 million. View Toromont Industries' earnings history.

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

Toromont Industries declared a quarterly dividend on Friday, March 6th. Investors of record on Thursday, April 2nd will be given a dividend of 0.31 per share on Thursday, April 2nd. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.92%. The ex-dividend date of this dividend is Friday, March 6th. This is a positive change from Toromont Industries's previous quarterly dividend of C$0.27. View Toromont Industries' dividend history.

What price target have analysts set for TIH?

5 equities research analysts have issued 12-month price targets for Toromont Industries' stock. Their forecasts range from C$63.00 to C$76.00. On average, they expect Toromont Industries' share price to reach C$70.38 in the next year. This suggests a possible upside of 8.8% from the stock's current price. View analysts' price targets for Toromont Industries.

Has Toromont Industries been receiving favorable news coverage?

Press coverage about TIH stock has trended somewhat positive this week, InfoTrie Sentiment reports. InfoTrie scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Toromont Industries earned a news impact score of 0.8 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutToromont Industries.

Who are some of Toromont Industries' key competitors?

What other stocks do shareholders of Toromont Industries own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Toromont Industries investors own include Enerflex (EFX), Dollarama (DOL), First Quantum Minerals (FM), Interfor (IFP), National Bank of Canada (NA), Suncor Energy (SU), Ag Growth International (AFN), Fortis (FTS), CGI (GIB.A) and Inter Pipeline (IPL).

Who are Toromont Industries' key executives?

Toromont Industries' management team includes the following people:
  • Mr. Scott J. Medhurst, CEO, Pres & Director (Age 57)
  • Mr. Paul R. Jewer, CFO & Exec. VP (Age 55)
  • Mr. Michael P. Cuddy, Chief Information Officer & VP
  • Mr. Randall B. Casson, Pres of Toromont Construction Division/Battlefield - The Cat Rental Store
  • Ms. Lynn M. Korbak, Gen. Counsel & Corp. Sec.

What is Toromont Industries' stock symbol?

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

How do I buy shares of Toromont Industries?

Shares of TIH 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.

What is Toromont Industries' stock price today?

One share of TIH stock can currently be purchased for approximately C$64.69.

How big of a company is Toromont Industries?

Toromont Industries has a market capitalization of C$5.30 billion and generates C$3.69 billion in revenue each year. Toromont Industries employs 6,000 workers across the globe.

What is Toromont Industries' official website?

The official website for Toromont Industries is www.toromont.com.

How can I contact Toromont Industries?

Toromont Industries' mailing address is 3131 Highway 7 West, Stn Main PO Box 5511, CONCORD, ON L4K 5B7, Canada. The company can be reached via phone at +1-416-6675511.

This page was last updated on 5/25/2020 by MarketBeat.com Staff

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