Toromont Industries Ltd. (TSE:TIH – Free Report) – Analysts at National Bank Financial boosted their Q4 2025 earnings per share (EPS) estimates for Toromont Industries in a report issued on Monday, July 14th. National Bank Financial analyst M. Sytchev now anticipates that the company will post earnings of $1.86 per share for the quarter, up from their previous forecast of $1.77. The consensus estimate for Toromont Industries’ current full-year earnings is $6.59 per share.
A number of other brokerages also recently commented on TIH. BMO Capital Markets cut their price objective on Toromont Industries from C$130.00 to C$128.00 and set an “outperform” rating for the company in a research report on Friday, May 2nd. TD Securities dropped their price target on shares of Toromont Industries from C$143.00 to C$136.00 and set a “buy” rating on the stock in a research note on Monday, May 5th. Canaccord Genuity Group cut their target price on Toromont Industries from C$134.00 to C$131.00 and set a “buy” rating on the stock in a report on Friday, May 2nd. Scotiabank cut their target price on Toromont Industries from C$133.50 to C$128.00 and set a “sector perform” rating on the stock in a report on Friday, May 2nd. Finally, Raymond James Financial lowered their price target on Toromont Industries from C$130.00 to C$122.00 and set a “market perform” rating on the stock in a research report on Friday, May 2nd. Three research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of C$130.75.
Toromont Industries Stock Performance
Shares of TIH stock opened at C$128.74 on Thursday. Toromont Industries has a 12-month low of C$107.32 and a 12-month high of C$134.88. The firm has a market capitalization of C$10.50 billion, a price-to-earnings ratio of 20.91, a price-to-earnings-growth ratio of 3.72 and a beta of 0.68. The business has a 50 day simple moving average of C$121.39 and a 200 day simple moving average of C$117.80. The company has a debt-to-equity ratio of 23.04, a current ratio of 2.37 and a quick ratio of 1.38.
Insider Buying and Selling at Toromont Industries
In other Toromont Industries news, Director Frederick James Mifflin bought 500 shares of the firm’s stock in a transaction on Friday, May 2nd. The shares were purchased at an average price of C$110.05 per share, for a total transaction of C$55,025.00. Also, Senior Officer Jennifer Cochrane sold 5,000 shares of the stock in a transaction that occurred on Tuesday, June 10th. The stock was sold at an average price of C$120.00, for a total transaction of C$600,000.00. In the last quarter, insiders have sold 15,450 shares of company stock worth $1,818,938. 0.27% of the stock is currently owned by company insiders.
Toromont Industries Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, July 3rd. Investors of record on Thursday, July 3rd were paid a $0.52 dividend. The ex-dividend date was Friday, June 6th. This represents a $2.08 dividend on an annualized basis and a yield of 1.62%. Toromont Industries’s dividend payout ratio (DPR) is currently 31.18%.
About Toromont Industries
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 engages 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.
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