TSE:TIH - Toromont Industries Stock Price, News, & Analysis

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C$60.14 -0.54 (-0.89 %)
(As of 05/20/2019 04:00 PM ET)
Previous CloseC$60.68
Today's RangeC$59.67 - C$60.54
52-Week RangeC$51.02 - C$70.62
Volume102,400 shs
Average Volume134,553 shs
Market CapitalizationC$4.90 billion
P/E Ratio18.98
Dividend Yield1.78%
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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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$3.53 billion
Cash FlowC$2.27 per share
Book ValueC$16.40 per share

Profitability

Miscellaneous

Employees6,000
Market CapC$4.90 billion
Next Earnings Date7/23/2019 (Estimated)
OptionableNot Optionable

Toromont Industries (TSE:TIH) Frequently Asked Questions

What is Toromont Industries' stock symbol?

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

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

Toromont Industries announced a quarterly dividend on Thursday, March 7th. Shareholders of record on Wednesday, April 3rd will be paid a dividend of 0.27 per share on Wednesday, April 3rd. This represents a $1.08 annualized dividend and a yield of 1.80%. The ex-dividend date is Thursday, March 7th. This is an increase from Toromont Industries's previous quarterly dividend of $0.23. View Toromont Industries' Dividend History.

How were Toromont Industries' earnings last quarter?

Toromont Industries Ltd (TSE:TIH) released its quarterly earnings data on Tuesday, July, 25th. The company reported $0.51 EPS for the quarter, missing the 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. View Toromont Industries' Earnings History.

When is Toromont Industries' next earnings date?

Toromont Industries is scheduled to release their next quarterly earnings announcement on Tuesday, July 23rd 2019. View Earnings Estimates for Toromont Industries.

What price target have analysts set for TIH?

8 brokerages have issued 12-month price targets for Toromont Industries' shares. Their predictions range from C$62.00 to C$75.00. On average, they anticipate Toromont Industries' share price to reach C$69.38 in the next year. This suggests a possible upside of 15.4% from the stock's current price. View Analyst Price Targets for Toromont Industries.

What is the consensus analysts' recommendation for Toromont Industries?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Toromont Industries in the last year. There are currently 5 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Toromont Industries.

Has Toromont Industries been receiving favorable news coverage?

News articles about TIH stock have trended somewhat negative this week, according to InfoTrie. The research group scores the sentiment of press coverage by analyzing 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 positive five, with scores closest to five being the most favorable. Toromont Industries earned a news impact score of -1.0 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the immediate future.

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 Dollarama (DOL), National Bank of Canada (NA), Suncor Energy (SU), Enerflex (EFX), Interfor (IFP), Toronto-Dominion Bank (TD), CGI (GIB.A), Magna International (MG), Bank of America (BAC) and Alimentation Couche-Tard (ATD.B).

Who are Toromont Industries' key executives?

Toromont Industries' management team includes the folowing 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.

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$60.14.

How big of a company is Toromont Industries?

Toromont Industries has a market capitalization of C$4.90 billion and generates C$3.53 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 http://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.


MarketBeat Community Rating for Toromont Industries (TSE TIH)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  292 (Vote Outperform)
Underperform Votes:  400 (Vote Underperform)
Total Votes:  692
MarketBeat's community ratings are surveys of what our community members think about Toromont Industries and other stocks. Vote "Outperform" if you believe TIH will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TIH will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/20/2019 by MarketBeat.com Staff

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