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: Services
  • Industry: Industrial Equipment Wholesale
  • Sub-Industry: N/A
  • Symbol: TSE:TIH
  • CUSIP: N/A
  • Web: www.toromont.com/
Capitalization:
  • Market Cap: C$4.46 billion
  • Outstanding Shares: 78,480,000
Average Prices:
  • 50 Day Moving Avg: C$56.17
  • 200 Day Moving Avg: C$48.99
  • 52 Week Range: C$39.01 - C$58.44
P/E:
  • Trailing P/E Ratio: 28.14
  • P/E Growth: 3.23
Sales & Book Value:
  • Annual Revenue: C$1.9 billion
  • Price / Sales: 2.35
  • Book Value: C$11.77 per share
  • Price / Book: 4.83
Dividend:
  • Dividend Yield: 1.4%
Profitability:
  • EBITDA: C$295.84 million
  • Net Margins: 7.62%
  • Return on Equity: 17.80%
  • Return on Assets: 11.02%
Misc:
  • Average Volume: 147,659 shs.
  • Short Ratio: 8.14
 

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

What is Toromont Industries Ltd's stock symbol?

Toromont Industries Ltd trades on the Toronto 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, July 26th. Stockholders of record on Friday, September 8th will be paid a dividend of 0.19 per share on Monday, October 2nd. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.34%. The ex-dividend date is Thursday, September 7th. 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, 25th. The company reported $0.51 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.55 by $0.04. The firm earned $530.93 million during the quarter, compared to analyst estimates of $550.60 million. Toromont Industries Ltd had a net margin of 7.62% and a return on equity of 17.80%. 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, November, 6th 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 target prices for Toromont Industries Ltd's stock. Their predictions range from C$44.00 to C$65.00. On average, they anticipate Toromont Industries Ltd's stock price to reach C$55.94 in the next twelve months. View Analyst Ratings for Toromont Industries Ltd.

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

Who are Toromont Industries Ltd's key executives?

Toromont Industries Ltd's management team includes the folowing people:

  • Scott J. Medhurst, President, Chief Executive Officer, Director
  • Paul R. Jewer, Executive Vice President, Chief Financial Officer
  • Randall B. Casson, President - Construction Industries/Battlefield Equipment Rentals
  • Jennifer J. Cochrane, Vice President - Finance
  • Michael P. Cuddy, Vice President, Chief Information Officer
  • David C. Wetherald, Vice President - Human Resources and Legal, Corporate Secretary
  • Robert M. Ogilvie, Non-Executive Independent Chairman of the Board
  • John S. McCallum, Lead Independent Director
  • Jeffrey S. Chisholm, Independent Director
  • Cathryn E. Cranston, Independent Director

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.

What is Toromont Industries Ltd's stock price today?

One share of Toromont Industries Ltd stock can currently be purchased for approximately C$56.89.


MarketBeat Community Rating for Toromont Industries Ltd (TSE TIH)
Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  159 (Vote Outperform)
Underperform Votes:  295 (Vote Underperform)
Total Votes:  454
MarketBeat's community ratings are surveys of what our community members think about Toromont Industries Ltd and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Toromont Industries Ltd (TSE:TIH) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.57)
Consensus Price Target: C$55.94
Consensus Price Target History for Toromont Industries Ltd (TSE:TIH)
Price Target History for Toromont Industries Ltd (TSE:TIH)
Analysts' Ratings History for Toromont Industries Ltd (TSE:TIH)
Show:
DateFirmActionRatingPrice TargetDetails
10/16/2017BMO Capital MarketsReiterated RatingMarket PerformC$58.00View Rating Details
9/20/2017TD SecuritiesUpgradeHold -> BuyC$48.00 -> C$65.00View Rating Details
9/5/2017National Bank FinancialBoost Price TargetOutperformC$55.00 -> C$60.00View Rating Details
8/29/2017ScotiabankBoost Price TargetSector PerformC$47.00 -> C$53.00View Rating Details
8/29/2017Canaccord GenuityBoost Price TargetHold -> BuyC$50.00 -> C$58.00View Rating Details
8/29/2017Raymond James Financial, Inc.Boost Price TargetOutperformC$55.00 -> C$58.50View Rating Details
4/28/2017Royal Bank Of CanadaDowngradeOutperform -> Sector PerformC$51.00View Rating Details
2/8/2017CIBCBoost Price TargetC$39.00 -> C$44.00View Rating Details
4/27/2016DesjardinsUpgradeHold -> BuyC$34.00 -> C$38.00View Rating Details
(Data available from 10/20/2015 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
11/6/2017C$0.63N/AView Earnings Details
7/25/2017Q2 2017C$0.55C$0.51C$550.60 millionC$530.93 millionViewN/AView Earnings Details
7/28/2015Q2C$0.40C$0.46C$441.23 millionC$484.53 millionViewListenView Earnings Details
10/27/2014Q3C$0.49C$0.45C$461.00 millionC$467.43 millionViewN/AView Earnings Details
4/24/2014C$0.25C$0.24C$317.47 millionC$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: $2.16
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.33$0.34$0.34
Q2 20172$0.56$0.58$0.57
Q3 20172$0.59$0.66$0.63
Q4 20172$0.62$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
7/26/2017Quarterly$0.191.39%9/7/20179/8/201710/2/2017
6/7/2017Quarterly$0.191.68%6/7/20177/4/20177/4/2017
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
9/22/2017David Allan MalinauskasInsiderSell5,400C$57.60C$311,040.00
9/20/2017Randall CassonDirectorSell4,300C$57.25C$246,175.00
9/18/2017Jennifer CochraneInsiderSell5,000C$55.25C$276,250.00
9/12/2017David WetheraldInsiderSell5,400C$54.00C$291,600.00
9/8/2017Paul Randolph JewerInsiderSell500C$52.90C$26,450.00
9/6/2017David Allan MalinauskasInsiderSell1,600C$53.50C$85,600.00
9/5/2017Scott MedhurstDirectorSell4,848C$52.50C$254,520.00
8/31/2017Randall CassonDirectorSell8,000C$53.60C$428,800.00
8/30/2017David WetheraldInsiderSell300C$55.05C$16,515.00
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
americanbankingnews.com logoBMO Capital Markets Reaffirms Market Perform Rating for Toromont Industries Ltd (TIH)
www.americanbankingnews.com - October 16 at 1:38 PM
americanbankingnews.com logoToromont Industries Ltd (TIH) Receives Consensus Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - October 7 at 10:44 PM
theglobeandmail.com logoAnswers to your questions about the new Yield Hog dividend portfolio
www.theglobeandmail.com - October 6 at 8:42 PM
baystreet.ca logoGM at 52-Week High on September Sales
www.baystreet.ca - October 3 at 1:35 PM
americanbankingnews.com logoInsider Selling: Toromont Industries Ltd (TIH) Insider Sells 5,400 Shares of Stock
www.americanbankingnews.com - September 22 at 4:36 PM
americanbankingnews.com logoRandall Casson Sells 4,300 Shares of Toromont Industries Ltd (TIH) Stock
www.americanbankingnews.com - September 22 at 4:36 PM
americanbankingnews.com logoToromont Industries Ltd (TIH) Upgraded by TD Securities to "Buy"
www.americanbankingnews.com - September 20 at 3:16 PM
americanbankingnews.com logoToromont Industries Ltd (TIH) Insider Sells C$276,250.00 in Stock
www.americanbankingnews.com - September 19 at 10:24 PM
finance.yahoo.com logoIs There Now An Opportunity In Toromont Industries Ltd (TSX:TIH)?
finance.yahoo.com - September 19 at 8:30 AM
americanbankingnews.com logoPaul Randolph Jewer Sells 500 Shares of Toromont Industries Ltd (TIH) Stock
www.americanbankingnews.com - September 13 at 4:56 PM
americanbankingnews.com logoToromont Industries Ltd (TIH) Insider Sells C$291,600.00 in Stock
www.americanbankingnews.com - September 13 at 4:34 PM
americanbankingnews.com logoToromont Industries Ltd (TIH) Given Average Rating of "Buy" by Analysts
www.americanbankingnews.com - September 13 at 12:52 AM
finance.yahoo.com logoToromont Industries Ltd. : TIH-CA: Dividend Analysis : September 08th, 2017 (record date) : By the numbers : September 9, 2017
finance.yahoo.com - September 9 at 9:27 AM
americanbankingnews.com logoToromont Industries Ltd (TIH) Insider David Allan Malinauskas Sells 1,600 Shares
www.americanbankingnews.com - September 7 at 8:08 PM
americanbankingnews.com logoToromont Industries Ltd (TIH) Director Sells C$254,520.00 in Stock
www.americanbankingnews.com - September 7 at 7:42 PM
americanbankingnews.com logoNational Bank Financial Analysts Raise Earnings Estimates for Toromont Industries Ltd (TIH)
www.americanbankingnews.com - September 7 at 1:36 PM
americanbankingnews.com logoToromont Industries Ltd (TIH) to Post FY2017 Earnings of $2.07 Per Share, National Bank Financial Forecasts
www.americanbankingnews.com - September 6 at 8:46 AM
americanbankingnews.com logoToromont Industries Ltd (TIH) Price Target Raised to C$60.00
www.americanbankingnews.com - September 5 at 5:52 PM
finance.yahoo.com logoToromont Industries Ltd. – Value Analysis (TORONTO:TIH) : September 2, 2017
finance.yahoo.com - September 2 at 9:29 AM
americanbankingnews.com logoToromont Industries Ltd (TIH) Insider Sells C$16,515.00 in Stock
www.americanbankingnews.com - September 1 at 8:50 PM
americanbankingnews.com logoInsider Selling: Toromont Industries Ltd (TIH) Director Sells 8,000 Shares of Stock
www.americanbankingnews.com - September 1 at 7:42 PM
finance.yahoo.com logoETFs with exposure to Toromont Industries Ltd. : September 1, 2017
finance.yahoo.com - September 1 at 9:49 AM
reuters.com logoDeals of the day- Mergers and acquisitions - Reuters
www.reuters.com - August 30 at 10:12 AM
finance.yahoo.com logoToromont Industries Ltd. breached its 50 day moving average in a Bullish Manner : TIH-CA : August 29, 2017
finance.yahoo.com - August 30 at 10:12 AM
finance.yahoo.com logoToromont Industries Ltd.: Price momentum supported by strong fundamentals
finance.yahoo.com - August 30 at 10:12 AM
americanbankingnews.com logoRaymond James Financial, Inc. Raises Toromont Industries Ltd (TIH) Price Target to C$58.50
www.americanbankingnews.com - August 29 at 2:18 PM
americanbankingnews.com logoToromont Industries Ltd (TIH) Upgraded by Canaccord Genuity to "Buy"
www.americanbankingnews.com - August 29 at 2:18 PM
americanbankingnews.com logoToromont Industries Ltd (TIH) PT Raised to C$53.00 at Scotiabank
www.americanbankingnews.com - August 29 at 2:18 PM
americanbankingnews.com logoNational Bank Financial Increases Toromont Industries Ltd (TIH) Price Target to C$55.00
www.americanbankingnews.com - August 29 at 2:18 PM
baystreet.ca logoToromont, Polaris Rocket on News
www.baystreet.ca - August 29 at 8:43 AM
rttnews.com logoToromont To Buy Businesses & Operating Assets Of Hewitt Group For C$1.0177 Bln
www.rttnews.com - August 29 at 8:43 AM
finance.yahoo.com logoToromont Industries Ltd. - Normal Course Issuer Bid
finance.yahoo.com - August 29 at 8:43 AM
americanbankingnews.com logoToromont Industries Ltd (TIH) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - August 19 at 12:50 AM
finance.yahoo.com logoToromont Industries Ltd. :TIH-CA: Earnings Analysis: Q2, 2017 By the Numbers : August 2, 2017
finance.yahoo.com - August 3 at 7:55 AM
americanbankingnews.com logoToromont Industries Ltd Expected to Post Q3 2017 Earnings of $0.59 Per Share (TSE:TIH)
www.americanbankingnews.com - July 31 at 7:03 AM
americanbankingnews.com logoNational Bank Financial Research Analysts Decrease Earnings Estimates for Toromont Industries Ltd (TSE:TIH)
www.americanbankingnews.com - July 28 at 11:46 AM
americanbankingnews.com logoToromont Industries Ltd (TSE:TIH) Price Target Raised to C$48.00
www.americanbankingnews.com - July 27 at 4:08 PM
americanbankingnews.com logoToromont Industries Ltd (TSE:TIH) to Issue Quarterly Dividend of $0.19
www.americanbankingnews.com - July 27 at 12:50 PM
seekingalpha.com logoToromont Industries' (TMTNF) CEO Scott Medhurst on Q2 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - July 27 at 8:20 AM
finance.yahoo.com logoEdited Transcript of TIH.TO earnings conference call or presentation 26-Jul-17 12:00pm GMT
finance.yahoo.com - July 27 at 8:19 AM
americanbankingnews.com logoToromont Industries Ltd (TSE:TIH) Posts Quarterly Earnings Results, Misses Expectations By $0.04 EPS
www.americanbankingnews.com - July 26 at 1:14 PM
americanbankingnews.com logoToromont Industries Ltd (TSE:TIH) Given a C$48.50 Price Target by Scotiabank Analysts
www.americanbankingnews.com - July 26 at 12:41 PM
finance.yahoo.com logoToromont Announces Results for the Second Quarter of 2017 and Quarterly Dividend
finance.yahoo.com - July 26 at 8:54 AM
americanbankingnews.com logoToromont Industries Ltd (TSE:TIH) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - July 25 at 12:50 AM
americanbankingnews.com logoToromont Industries Ltd (TSE:TIH) Set to Announce Earnings on Monday
www.americanbankingnews.com - July 17 at 8:58 AM
americanbankingnews.com logoResearch Analysts Offer Predictions for Toromont Industries Ltd's Q2 2017 Earnings (TSE:TIH)
www.americanbankingnews.com - July 14 at 11:23 AM
finance.yahoo.com logoToromont to Announce Second Quarter 2017 Results on July 25
finance.yahoo.com - July 13 at 10:29 AM
baystreet.ca logoAir Canada, Celestica at 52-Week Highs
www.baystreet.ca - November 16 at 11:46 AM
biz.yahoo.com logoQ3 2016 Toromont Industries Ltd Earnings Release - After Market Close
biz.yahoo.com - November 7 at 12:02 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 Friday, October, 20, 2017

This page was last updated on 10/20/2017 by MarketBeat.com Staff

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