Toromont Industries Ltd.

TIH

CA8911021050

Toromont Industries Ltd. is a Canada-based company, which serves the specialized equipment and lifetime product support needs of thousands of customers in diverse industries from roadbuilding to mining and telecommunications to food and beverage processing. The Company operates through two business segments: the Equipment Group and CIMCO. The Equipment Group segment includes a Caterpillar dealership by revenue and geographic territory, spanning the Canadian provinces of Newfoundland and Labrador, Nova Scotia, New Brunswick, Prince Edward Island, Quebec, Ontario and Manitoba, in addition to various territory of Nunavut. The segment includes rental operations and a complementary material handling business. CIMCO segment is engaged in the designing, engineering, fabrication and installation of industrial and recreational refrigeration systems. Both segments offer comprehensive product support capabilities.

Sector

Heavy Machinery & Vehicles

Calendar

2023-12-06 - Canadian Currency

More about the company

Income Statement Evolution

More financial data

Ratings for Toromont Industries Ltd.

Trading Rating :

Investor Rating :

ESG Refinitiv :

C+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

111.36CAD

Average target price

124.78CAD

Spread / Average Target

+12.05%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Heavy Machinery & Vehicles Wholesale

	1st Jan change	Capi.
TOROMONT INDUSTRIES LTD.	+15.99%	6 758 M $
FINNING INTERNATIONAL INC.	+2.88%	3 686 M $
VAMOS LOCAÇÃO DE CAMINHÕES, MÁQUINAS E EQUIPAMENTOS S.A.	-26.50%	2 085 M $
BARLOWORLD LIMITED	-10.69%	756 M $
TITAN MACHINERY INC.	-35.19%	563 M $
WAKITA & CO.,LTD.	+33.25%	519 M $
WAJAX CORPORATION	+43.13%	450 M $
GIFORE AGRICULTURAL SCIENCE & TECHNOLOGY SERVICE CO.,LTD	+2.94%	334 M $
PT HEXINDO ADIPERKASA TBK	+2.37%	292 M $
WLM PARTICIPAÇÕES E COMÉRCIO DE MÁQUINAS E VEÍCULOS S.A.	+32.10%	199 M $

Heavy Machinery & Vehicles Wholesale

Market Closed - Toronto Stock Exchange Other stock markets 04:00:00 2023-12-06 pm EST			5-day change	1st Jan Change
113.33 ^CAD	+1.77%		+2.51%	+15.99%

Nov. 20	Lawnmowers banned in California: which companies will be affected?	MT
Nov. 01	Toromont Industries Upgraded to Outperform at BMO	MT

Lawnmowers banned in California: which companies will be affected?	Nov. 20	MT
Toromont Industries Upgraded to Outperform at BMO	Nov. 01	MT
National Bank Raises Price Target on Toromont Industries After 'Impressive Margin Performance' in Q3	Oct. 31	MT
Transcript : Toromont Industries Ltd., Q3 2023 Earnings Call, Oct 31, 2023	Oct. 31	CI
Toromont Industries Seeks Acquisitions	Oct. 31	CI
Toromont Industries Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Oct. 30	CI
Tranche Update on Toromont Industries Ltd.'s Equity Buyback Plan announced on September 15, 2022.	Oct. 30	CI
Tranche Update on Toromont Industries Ltd.'s Equity Buyback Plan announced on September 15, 2023.	Oct. 30	CI
Toromont Industries Third-Quarter Profit Rises 18% on Higher Sales	Oct. 30	MT
Toromont Industries Brief: Q3 Revenue $1,174 Million	Oct. 30	MT
Toromont Industries Brief: Q3 Basic earnings per share 1.77	Oct. 30	MT
Toromont Industries Ltd. Approves A Quarterly Dividend, Payable on January 4, 2024	Oct. 30	CI
Toromont Industries Appoints a New Chief Executive Officer and Chief Financial Officer	Sep. 22	MT
Toromont Industries Brief: Also Appointing John Doolittle as Executive Vice President and Chief Financial Officer	Sep. 22	MT
Toromont Industries Brief: Effective October 15, 2023, Michael McMillan will be appointed President and Chief Executive Officer and a member of the Board	Sep. 22	MT
Toromont Industries Brief: Announcing Appointment of Chief Executive Officer and Chief Financial Officer	Sep. 22	MT
Toromont Industries Ltd. Announces Executive Changes	Sep. 22	CI
Toromont Industries Ltd. Announces Chief Executive Officer Changes	Sep. 22	CI
Toromont Industries Ltd. Announces the Appointment of John Doolittle as Chief Financial Officer	Sep. 22	CI
Toromont Industries Ltd.'s Equity Buyback announced on September 15, 2022, has expired with 238,000 shares, representing 0.29% for CAD 25 million.	Sep. 17	CI
Toromont Industries Renews its Normal Course Issuer Bid	Sep. 15	MT
Toromont Brief: Details Normal Course Issuer Bid	Sep. 15	MT
Toromont Industries Ltd. announces an Equity Buyback for 8,204,207 shares, representing 9.96% of its issued share capital.	Sep. 15	CI
Toromont Industries Ltd. authorizes a Buyback Plan.	Sep. 14	CI
RBC Capital Markets Highlights Positive Operating Backdrops In Engineering, Construction and Infrastructure Sector	Sep. 11	MT

Toromont Industries Ltd.

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TIH