Brokers Issue Forecasts for TSE:TIH FY2025 Earnings

Toromont Industries Ltd. (TSE:TIH) – Analysts at Raymond James Financial boosted their FY2025 earnings per share (EPS) estimates for Toromont Industries in a report issued on Thursday, July 31st. Raymond James Financial analyst S. Hansen now anticipates that the company will post earnings of $5.91 per share for the year, up from their previous forecast of $5.75. Raymond James Financial has a “Market Perform” rating and a $125.00 price target on the stock. The consensus estimate for Toromont Industries’ current full-year earnings is $6.59 per share. Raymond James Financial also issued estimates for Toromont Industries’ Q4 2025 earnings at $1.94 EPS and FY2026 earnings at $6.10 EPS.

Other analysts have also issued reports about the company. BMO Capital Markets boosted their price objective on Toromont Industries from C$140.00 to C$147.00 in a report on Wednesday, July 30th. Scotiabank boosted their price objective on Toromont Industries from C$132.00 to C$140.00 and gave the company a “sector perform” rating in a report on Thursday. National Bankshares lifted their target price on Toromont Industries from C$130.00 to C$140.00 and gave the company an “outperform” rating in a research note on Thursday. TD Securities lifted their target price on Toromont Industries from C$153.00 to C$154.00 and gave the company a “buy” rating in a research note on Thursday. Finally, CIBC lifted their target price on Toromont Industries from C$129.00 to C$148.00 and gave the company a “neutral” rating in a research note on Thursday. Three research analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of C$140.50.

Toromont Industries Price Performance

Shares of Toromont Industries stock opened at C$140.49 on Monday. The company has a quick ratio of 1.38, a current ratio of 2.37 and a debt-to-equity ratio of 23.04. The firm has a market cap of C$11.46 billion, a P/E ratio of 22.82, a P/E/G ratio of 3.72 and a beta of 0.68. Toromont Industries has a fifty-two week low of C$107.32 and a fifty-two week high of C$142.05. The business has a 50-day moving average price of C$124.82 and a 200 day moving average price of C$119.29.

Toromont Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 3rd. Stockholders of record on Friday, September 5th will be given a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a dividend yield of 1.5%. Toromont Industries’s dividend payout ratio is presently 31.18%.

Insider Transactions at Toromont Industries

In other news, Director David Allan Malinauskas sold 250 shares of the business’s stock in a transaction that occurred on Wednesday, May 14th. The stock was sold at an average price of C$118.71, for a total transaction of C$29,677.50. Following the completion of the transaction, the director directly owned 600 shares in the company, valued at approximately C$71,226. The trade was a 29.41% decrease in their ownership of the stock. Also, Senior Officer Jennifer Cochrane sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of C$116.00, for a total value of C$580,000.00. Over the last three months, insiders sold 15,450 shares of company stock worth $1,818,938. Company insiders own 0.27% of the company’s stock.

Toromont Industries Company Profile

Toromont Industries Ltd is a Canadian industrial company. The company operates two business segments: Equipment Group and CIMCO. The larger segment by revenue, Equipment Group includes a Caterpillar dealership and rental operation of construction equipment. CIMCO offers solutions for the design, engineering, fabrication, and installation of industrial and recreational refrigeration systems.