Toromont Industries Ltd Company Profile (TSE:TIH)

About Toromont Industries Ltd

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
  • Exchange: TSE
  • Symbol: TIH
  • CUSIP:
Key Metrics:
  • Previous Close: $46.33
  • 50 Day Moving Average: $43.56
  • 200 Day Moving Average: $41.42
  • 52-Week Range: C$31.26 - C$48.86
  • Trailing P/E Ratio: 23.40
  • P/E Growth: 2.87
  • Market Cap: $3.63B
  • Outstanding Shares: 78,417,000
Additional Links:

Analyst Ratings

Consensus Ratings for Toromont Industries Ltd (TSE:TIH) (?)
Ratings Breakdown: 6 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.25)
Consensus Price Target: C$41.78

Analysts' Ratings History for Toromont Industries Ltd (TSE:TIH)
Show:
DateFirmActionRatingPrice TargetDetails
2/9/2017TD SecuritiesBoost Price TargetHoldC$40.00 -> C$42.00View Rating Details
2/8/2017CIBCBoost Price TargetC$39.00 -> C$44.00View Rating Details
2/7/2017ScotiabankReiterated RatingSector PerformC$40.50View Rating Details
2/7/2017Raymond James Financial, Inc.Boost Price TargetMarket PerformC$40.00 -> C$43.00View Rating Details
2/7/2017Royal Bank of CanadaReiterated RatingOutperformC$46.00View Rating Details
12/19/2016National Bank FinancialDowngradeOutperform Overweight -> Sector PerformView Rating Details
7/28/2016BMO Capital MarketsReiterated RatingMarket PerformC$38.50View Rating Details
7/22/2016Canaccord GenuityDowngradeBuy -> HoldC$41.00 -> C$42.00View Rating Details
4/27/2016DesjardinsUpgradeHold -> BuyC$34.00 -> C$38.00View Rating Details
8/4/2015Dundee SecuritiesDowngradeBuy -> NeutralView Rating Details
4/24/2015Salman PartnersBoost Price TargetHoldC$28.00 -> C$30.00View Rating Details
(Data available from 2/27/2015 forward)

Earnings

Earnings History for Toromont Industries Ltd (TSE:TIH)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/24/2017        
7/28/2015Q2$0.40$0.46ViewListenView Earnings Details
10/27/2014Q3$0.49$0.45ViewN/AView Earnings Details
4/28/2014$0.25$0.24ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Toromont Industries Ltd (TSE:TIH)
Current Year EPS Consensus Estimate: $2.12 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.28$0.28$0.28
Q2 20164$0.49$0.54$0.51
Q3 20163$0.59$0.62$0.60
Q4 20162$0.55$0.62$0.59
Q1 20171$0.33$0.33$0.33
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 for Toromont Industries Ltd (TSE:TIH)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/8/2017QuarterlyC$0.191.65%3/8/20174/3/20174/3/2017
12/7/2016QuarterlyC$0.181.7%12/7/20161/3/20171/3/2017
9/7/2016QuarterlyC$0.181.83%9/7/201610/3/201610/3/2016
6/8/2016QuarterlyC$0.181.95%6/8/20167/4/20167/4/2016
3/8/2016QuarterlyC$0.182.3%3/8/20164/1/20164/1/2016
12/8/2015QuarterlyC$0.172.17%12/8/20151/4/20161/4/2016
9/9/2015QuarterlyC$0.171.92%9/9/201510/1/201510/1/2015
6/9/2015QuarterlyC$0.172.17%6/9/20157/2/20157/2/2015
3/11/2015QuarterlyC$0.172.19%3/11/20154/1/20154/1/2015
10/27/2014quarterlyC$0.152.09%12/9/201412/11/20141/2/2015
7/28/2014quarterlyC$0.152.21%9/9/20149/11/201410/1/2014
4/24/2014quarterlyC$0.152.25%6/11/20146/13/20147/2/2014
2/10/2014quarterlyC$0.152.35%3/11/20143/13/20144/1/2014
11/4/2013C$0.1212/9/201312/11/20131/2/2014
11/4/2013quarterlyC$0.132.03%12/9/201312/11/20131/2/2014
7/29/2013quarterlyC$0.139/12/201310/1/2013
4/24/2013quarterlyC$0.136/13/20137/2/2013
2/11/2013quarterlyC$0.133/13/20134/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History 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

Latest Headlines for Toromont Industries Ltd (TSE:TIH)
DateHeadline
News IconTechnical Indicator Review on Shares of Toromont Industries Ltd (TIH.TO) - Midway Monitor (TSE:TIH)
midwaymonitor.com - February 23 at 9:55 PM
News IconToromont Industries Ltd (TSX:TIH): How To Check Financial Health ... - Simply Wall St (TSE:TIH)
simplywall.st - February 23 at 9:55 PM
News IconStock Survey: Viewing Levels for Toromont Industries Ltd. (TSX:TIH) - Piedmont Register (TSE:TIH)
piedmontregister.com - February 22 at 8:55 PM
News IconTrading Monitor: Watching Shares of Toromont Industries Ltd (TIH.TO) - The Standard (TSE:TIH)
6milestandard.com - February 22 at 10:18 AM
News IconMarket Update: Following the Charts for Toromont Industries Ltd. (TSX:TIH) - Providence Standard (TSE:TIH)
providencestandard.com - February 17 at 7:05 PM
News IconWatching the Levels for Toromont Industries Ltd. (TSX:TIH) - Midway Monitor (TSE:TIH)
midwaymonitor.com - February 13 at 8:45 PM
capitalcube.com logoToromont Industries Ltd. :TIH-CA: Earnings Analysis: Q4, 2016 By the Numbers : February 9, 2017 (TSE:TIH)
www.capitalcube.com - February 10 at 6:03 AM
News IconTSX listed corporate dividends and distributions declared Feb. 7 (TSE:TIH)
www.winnipegfreepress.com - February 9 at 6:09 AM
News IconIs Toromont Industries Ltd (TSX:TIH) cheap for a reason? A look at the intrinsic value (TSE:TIH)
simplywall.st - February 9 at 6:09 AM
capitalcube.com logoToromont Industries Ltd. :TIH-CA: Earnings Analysis: 2016 By the Numbers : February 8, 2017 (TSE:TIH)
www.capitalcube.com - February 9 at 6:09 AM
News IconWhere is This Stock Headed? A technical Look at Toromont Industries Ltd. (TIH.TO) - Rives Journal (TSE:TIH)
rivesjournal.com - February 8 at 7:37 AM
News IconEquity Rundown: Checking the Levels for Toromont Industries Ltd. (TSX:TIH) - Sherwood Daily (TSE:TIH)
sherwooddaily.com - February 8 at 7:37 AM
finance.yahoo.com logoEdited Transcript of TIH.TO earnings conference call or presentation 7-Feb-17 1:00pm GMT (TSE:TIH)
finance.yahoo.com - February 8 at 7:37 AM
finance.yahoo.com logoToromont Announces 2016 Results and 6% Increase in Quarterly Dividend (TSE:TIH)
finance.yahoo.com - February 6 at 9:29 PM
News IconWilliams %R Check on Shares of Toromont Industries Ltd. (TIH.TO) - Rives Journal (TSE:TIH)
rivesjournal.com - February 4 at 8:22 PM
capitalcube.com logoToromont Industries Ltd. breached its 50 day moving average in a Bullish Manner : TIH-CA : January 30, 2017 (TSE:TIH)
www.capitalcube.com - January 30 at 11:06 AM
News IconPrice Index Watch on Shares of Toromont Industries Ltd. (TSX:TIH) - Gilbert Daily (TSE:TIH)
gilbertdaily.com - January 24 at 4:50 AM
News IconWhat Are the Technicals Saying About These Shares: Toromont Industries Ltd. (TIH.TO) - Rives Journal (TSE:TIH)
rivesjournal.com - January 24 at 4:50 AM
finance.yahoo.com logoToromont to Announce 2016 Annual Results on February 6 (TSE:TIH)
finance.yahoo.com - January 23 at 11:49 PM
News IconInvestor Arena: Keeping an Eye on Toromont Industries Ltd. (TIH.TO) - Rives Journal (TSE:TIH)
rivesjournal.com - January 19 at 4:43 AM
News IconAverage Directional Index Review for Toromont Industries Ltd. (TIH.TO) - Rives Journal (TSE:TIH)
rivesjournal.com - January 18 at 8:47 AM
News IconInvestor Notebook: Focusing in on Shares of Toromont Industries Ltd. (TIH.TO) - Rives Journal (TSE:TIH)
rivesjournal.com - January 17 at 10:44 AM
News IconWhat You Must Know About Toromont Industries Ltd's (TSX:TIH) ROE? - Simply Wall St (TSE:TIH)
simplywall.st - January 6 at 6:06 AM
finance.yahoo.com logoRoyal Bank of Canada’s Top Portfolio Picks for 2017 (TSE:TIH)
ca.finance.yahoo.com - January 3 at 9:17 AM
capitalcube.com logoETFs with exposure to Toromont Industries Ltd. : December 23, 2016 (TSE:TIH)
www.capitalcube.com - December 23 at 9:07 PM
capitalcube.com logoToromont Industries Ltd. : TIH-CA: Dividend Analysis : December 09th, 2016 (record date) : By the numbers : December 20, 2016 (TSE:TIH)
www.capitalcube.com - December 20 at 3:39 PM
News IconStock in Focus: Toromont Industries Ltd. (TSX:TIH) - Stock Newsweek (TSE:TIH)
stocknewsweek.com - December 12 at 8:21 PM
News IconChecking on Shares of Toromont Industries Ltd. (TSX:TIH) - Highland Digest (TSE:TIH)
highlanddigest.com - December 12 at 8:21 PM
News IconMA, RSI, and CCI Update on This Stock: Toromont Industries Ltd. (TIH.TO) - Wall Street Confidential (TSE:TIH)
wsconfidential.com - December 12 at 3:20 PM
capitalcube.com logoETFs with exposure to Toromont Industries Ltd. : December 12, 2016 (TSE:TIH)
www.capitalcube.com - December 12 at 3:20 PM
News IconVC Score in Review for Toromont Industries Ltd. (TSX:TIH) - Highland Digest (TSE:TIH)
highlanddigest.com - December 6 at 7:27 AM
News IconStock Watch: FCF Score Check on Toromont Industries Ltd. (TSX:TIH) - Stock Newsweek (TSE:TIH)
stocknewsweek.com - December 5 at 3:29 PM
News IconStock Watch: Indicators in View for Toromont Industries Ltd. (TIH.TO) - Wall Street Confidential (TSE:TIH)
wsconfidential.com - December 5 at 3:29 PM
capitalcube.com logoETFs with exposure to Toromont Industries Ltd. : November 16, 2016 (TSE:TIH)
www.capitalcube.com - November 16 at 8:08 PM
baystreet.ca logoAir Canada, Celestica at 52-Week Highs (TSE:TIH)
www.baystreet.ca - November 16 at 11:46 AM
capitalcube.com logoToromont Industries Ltd. :TIH-CA: Earnings Analysis: Q3, 2016 By the Numbers : November 10, 2016 (TSE:TIH)
www.capitalcube.com - November 10 at 11:26 AM
finance.yahoo.com logoEdited Transcript of TIH.TO earnings conference call or presentation 8-Nov-16 1:00pm GMT (TSE:TIH)
finance.yahoo.com - November 9 at 10:48 AM
finance.yahoo.com logoToromont Announces Results for the Third Quarter of 2016 and Quarterly Dividend (TSE:TIH)
finance.yahoo.com - November 7 at 8:50 PM
publicnow.com logoMonday, November 07, 2016 Toromont Announces Results for the Third Quarter of 2016 and Quarterly Dividend (TSE:TIH)
www.publicnow.com - November 7 at 8:50 PM
biz.yahoo.com logoQ3 2016 Toromont Industries Ltd Earnings Release - After Market Close (TSE:TIH)
biz.yahoo.com - November 7 at 12:02 PM
capitalcube.com logoToromont Industries Ltd. breached its 50 day moving average in a Bearish Manner : TIH-CA : November 1, 2016 (TSE:TIH)
www.capitalcube.com - November 1 at 12:28 PM
4-traders.com logoToromont Industries : to Announce Third Quarter 2016 Results on November 7 (TSE:TIH)
www.4-traders.com - October 26 at 7:43 PM
finance.yahoo.com logoToromont to Announce Third Quarter 2016 Results on November 7 (TSE:TIH)
finance.yahoo.com - October 25 at 7:45 PM
publicnow.com logoTuesday, October 25, 2016 Toromont to Announce Third Quarter 2016 Results on November 7 (TSE:TIH)
www.publicnow.com - October 25 at 7:45 PM
capitalcube.com logoToromont Industries Ltd. breached its 50 day moving average in a Bullish Manner : TIH-CA : October 4, 2016 (TSE:TIH)
www.capitalcube.com - October 4 at 9:43 AM
capitalcube.com logoToromont Industries Ltd. : TIH-CA: Dividend Analysis : September 09th, 2016 (record date) : By the numbers : September 30, 2016 (TSE:TIH)
www.capitalcube.com - September 30 at 6:58 PM
capitalcube.com logoToromont Industries Ltd. breached its 50 day moving average in a Bullish Manner : TIH-CA : September 23, 2016 (TSE:TIH)
www.capitalcube.com - September 23 at 9:54 AM
capitalcube.com logoToromont Industries Ltd. – Value Analysis (TORONTO:TIH) : September 9, 2016 (TSE:TIH)
www.capitalcube.com - September 9 at 7:16 PM
capitalcube.com logoToromont Industries Ltd. breached its 50 day moving average in a Bearish Manner : TIH-CA : September 8, 2016 (TSE:TIH)
www.capitalcube.com - September 8 at 11:33 AM
benzinga.com logoCash Dividend On The Way From Toromont Industries (TIH.CA) (TSE:TIH)
www.benzinga.com - September 6 at 7:48 PM

Social

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 announced a quarterly dividend on Wednesday, March 8th. Stockholders of record on Monday, April 3rd will be paid a dividend of 0.19 per share on Monday, April 3rd. This represents a $0.76 annualized dividend and a dividend yield of 1.64%. The ex-dividend date of this dividend is Wednesday, March 8th. This is a positive change from Toromont Industries Ltd's previous quarterly dividend of $0.18.

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

8 equities research analysts have issued twelve-month price targets for Toromont Industries Ltd's stock. Their forecasts range from C$38.00 to C$46.00. On average, they anticipate Toromont Industries Ltd's stock price to reach C$41.78 in the next year.

When will Toromont Industries Ltd announce their earnings?

Toromont Industries Ltd is scheduled to release their next quarterly earnings announcement on Monday, April, 24th 2017.

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$46.33.

Toromont Industries Ltd (TSE:TIH) Chart for Monday, February, 27, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Toromont Industries Ltd (TSE:TIH)

Earnings History Chart

Earnings by Quarter for Toromont Industries Ltd (TSE:TIH)

Dividend History Chart

Dividend Payments by Quarter for Toromont Industries Ltd (TSE:TIH)

Last Updated on 2/27/2017 by MarketBeat.com Staff