Toromont Industries Ltd.

Equities

TIH

CA8911021050

Heavy Machinery & Vehicles

Market Closed - Toronto S.E. 04:00:00 2024-12-04 pm EST 5-day change 1st Jan Change
113.56 CAD +0.14% Intraday chart for Toromont Industries Ltd. -0.89% -2.19%
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Toromont Industries Brief: "Margin Dynamic Needs to Settle, Properly," National Bank adds Nov. 05 MT
Toromont Industries Brief: Keeps Sector Perform But Target Cut To C$132 From $135 at National Bank Noting Q3 Results "A Miss Despite Revenue Growth" Nov. 05 MT
Toromont Industries Looks for M&A Nov. 05 CI
Toromont Industries Ltd., Q3 2024 Earnings Call, Nov 05, 2024 Nov. 05
Tranche Update on Toromont Industries Ltd.'s Equity Buyback Plan announced on September 19, 2024. Nov. 04 CI
Toromont Industries Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024 Nov. 04 CI
Toromont's Rating Downgraded to Sector Perform at National Bank of Canada Oct. 22 MT
CIBC Raises Price Target on Aecon and Finning, Lowers Target on Ag Growth Oct. 16 MT
Toromont Industries Brief: Says Plans To Purchase up to 8,180,146 common shares, representing 10% of its "public float" Sep. 19 MT
Toromont Industries Ltd. announces an Equity Buyback for 8,180,146 shares, representing 9.99% of its issued share capital. Sep. 19 CI
Tranche Update on Toromont Industries Ltd.'s Equity Buyback Plan announced on September 15, 2023. Sep. 19 CI
Toromont Industries Ltd. authorizes a Buyback Plan. Sep. 18 CI
Toromont Industries Ltd.'s Equity Buyback announced on September 15, 2023, has expired with 788,000 shares, representing 0.96% for CAD 95.2 million. Sep. 17 CI
Toromont Maintains Outperform Rating, $135 Price Target at National Bank of Canada Sep. 11 MT
Toromont Industries Brief: Not expected to have an overall material impact on Toromont's combined revenue, earnings or balance sheet Sep. 09 MT
Toromont Industries Brief: No purchase price given; But Co Paid in cash using available funds and Price is subject to customary post-closing adjustments Sep. 09 MT
Toromont Industries Brief: Acquiring Tri-City Equipment Rentals, an industry player in heavy equipment rentals, with operations across Southwestern Ontario Sep. 09 MT
Toromont Industries Ltd. acquired Tri-City Equipment Inc for CAD 77.5 million. Sep. 08 CI
Toromont Industries Ltd., Q2 2024 Earnings Call, Jul 31, 2024 Jul. 31
MT Newswires Overnight Stocks To Watch: Genesis, Prairie Provident, Surge Energy, Toromont Jul. 30 MT
Tranche Update on Toromont Industries Ltd.'s Equity Buyback Plan announced on September 15, 2023. Jul. 30 CI
Toromont Industries Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024 Jul. 30 CI
Toromont Industries Rating Confirmed by DBRS Jun. 07 MT
BMO Says Toromont Industries' Rental Represents "Key Earnings Growth Driver" May. 27 MT
Toromont Industries Ltd. - Shareholder/Analyst Call May. 02
Chart Toromont Industries Ltd.
TIH: Dynamic Chart
Logo Toromont Industries Ltd.
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 territories of Nunavut. The Company’s business also includes heavy equipment rental operations and a material handling business. The CIMCO segment is engaged in the designing, engineering, fabrication and installation of industrial and recreational refrigeration systems. Both segments offer product support capabilities.
Employees
7,000
Calendar
More about the company
Trading Rating
Investor Rating
ESG Refinitiv
C+
surperformance-ratings-light-chart TOROMONT-INDUSTRIES-LTDMore Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
9
Last Close Price
113.56CAD
Average target price
134.56CAD
Spread / Average Target
+18.49%
Consensus

Quarterly revenue - Rate of surprise

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  5. Toromont Industries Brief: Also Appointing John Doolittle as Executive Vice President and Chief Financial Officer