Toromont Industries Ltd. (TSX: TIH)

Canada flag Canada · Delayed Price · Currency is CAD
121.28
-4.02 (-3.21%)
May 2, 2024, 9:37 AM EDT
12.04%
Market Cap 9.98B
Revenue (ttm) 4.64B
Net Income (ttm) 534.71M
Shares Out 82.21M
EPS (ttm) 6.39
PE Ratio 19.64
Forward PE 20.45
Dividend 1.77 (1.46%)
Ex-Dividend Date Mar 7, 2024
Volume 12,492
Open 122.01
Previous Close 125.30
Day's Range 120.07 - 122.01
52-Week Range 100.81 - 135.53
Beta 0.72
Analysts n/a
Price Target 136.67 (+12.69%)
Earnings Date May 1, 2024

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. This segment serves road build... [Read more]

Sector Industrials
Founded 1961
Country Canada
Stock Exchange Toronto Stock Exchange
Ticker Symbol TIH
Full Company Profile

Financial Performance

In 2023, TIH's revenue was 4.62 billion, an increase of 9.26% compared to the previous year's 4.23 billion. Earnings were 534.71 million, an increase of 17.73%.

Financial Statements

News

TOROMONT ANNOUNCES 2023 FOURTH QUARTER AND FULL YEAR RESULTS AND INCREASES QUARTERLY DIVIDEND

TORONTO , Feb. 13, 2024 /CNW/ - Toromont Industries Ltd. (TSX: TIH) today reported its financial results for the three months and year ended December 31, 2023. Three months ended December 31 Years en...

2 months ago - Benzinga

Toromont Industries: A Worthy Addition To Any Dividend Portfolio

Toromont Industries is a Canadian industrial company providing equipment and machinery for various industries. Click here to read an analysis of TIH:CA stock.

4 months ago - Seeking Alpha

Toromont Industries GAAP EPS of C$1.76, revenue of C$1.17B

Toromont Industries reports Q3 2023 GAAP EPS of $1.77 and an 8% YoY revenue increase of $1.17B.

6 months ago - Seeking Alpha

Toromont Industries Ltd (TMTNF) Q3 2023 Earnings Call Transcript

Toromont Industries Ltd (OTCPK:TMTNF) Q3 2023 Earnings Conference Call October 31, 2023 8:00 AM ETCompany ParticipantsMike McMillan - President &...

6 months ago - Seeking Alpha

Toromont Industries says TSX has accepted notice to make normal course issuer bid

Toromont Industries (TIH:CA) on Friday said the Toronto Stock Exchange has accepted the notice filed by the company of its intention to make a normal course issuer bid for a portion of...

8 months ago - Seeking Alpha

Toromont Industries says TSX has accepted notice to make normal course issuer bid

Toromont Industries (TIH:CA) on Friday said the Toronto Stock Exchange has accepted the notice filed by the company of its intention to make a normal course issuer bid for a portion of...

8 months ago - Seeking Alpha

RBC Capital, BMO Boost Toromont Industries Price Target

Toromont Industries Ltd (TSX: TIH) (OTC: TMTNF) price target has been raised to C$130 from C$126 by BMO Capital analyst Devin Dodge with an Outperform rating for the shares. Dodge stated that the dema...

2 years ago - Benzinga

Toromont Announces Results for the First Quarter of 2021 and Quarterly Dividend

TORONTO, May 04, 2021 (GLOBE NEWSWIRE) -- Toromont Industries Ltd. (TSX: TIH) reported its financial results for the first quarter ended March 31, 2021.

3 years ago - GlobeNewsWire

Leith Wheeler Canadian Equity Fund's Top 5 Trades in 2nd Half of 2020

Canadian-based fund releases semiannual portfolio report

3 years ago - GuruFocus