What is Raymond James’ Estimate for TSE:TIH Q1 Earnings?

Toromont Industries Ltd. (TSE:TIH) – Equities researchers at Raymond James issued their Q1 2025 EPS estimates for Toromont Industries in a research note issued on Wednesday, February 12th. Raymond James analyst S. Hansen forecasts that the company will earn $1.06 per share for the quarter. Raymond James currently has a “Market Perform” rating and a $130.00 target price on the stock. The consensus estimate for Toromont Industries’ current full-year earnings is $6.59 per share.

TIH has been the subject of a number of other reports. BMO Capital Markets upped their target price on shares of Toromont Industries from C$134.00 to C$138.00 in a report on Wednesday, February 12th. Scotiabank upped their target price on shares of Toromont Industries from C$132.00 to C$133.50 and gave the company a “sector perform” rating in a report on Thursday. National Bank Financial raised shares of Toromont Industries from a “hold” rating to a “strong-buy” rating in a report on Sunday, December 15th. Royal Bank of Canada upped their target price on shares of Toromont Industries from C$138.00 to C$139.00 and gave the company an “outperform” rating in a report on Thursday. Finally, Canaccord Genuity Group increased their price objective on shares of Toromont Industries from C$130.00 to C$134.00 and gave the stock a “buy” rating in a research note on Thursday. Three equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Toromont Industries currently has a consensus rating of “Moderate Buy” and an average target price of C$136.06.

Toromont Industries Trading Down 1.5 %

Shares of TSE TIH opened at C$121.10 on Monday. Toromont Industries has a 52-week low of C$109.83 and a 52-week high of C$135.53. The company has a market cap of C$9.88 billion, a PE ratio of 19.67, a P/E/G ratio of 3.72 and a beta of 0.68. The company has a debt-to-equity ratio of 23.04, a quick ratio of 1.38 and a current ratio of 2.37. The firm’s 50 day moving average price is C$115.72 and its 200-day moving average price is C$120.98.

Toromont Industries Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, January 6th. Investors of record on Monday, January 6th were paid a dividend of $0.48 per share. The ex-dividend date of this dividend was Friday, December 6th. This represents a $1.92 annualized dividend and a yield of 1.59%. Toromont Industries’s payout ratio is 31.18%.

Insider Activity at Toromont Industries

In other news, Director Jeffrey Scott Chisholm bought 4,500 shares of the stock in a transaction dated Tuesday, December 10th. The stock was purchased at an average price of C$111.45 per share, for a total transaction of C$501,525.00. 0.27% of the stock is currently owned by corporate insiders.

Toromont Industries Company Profile

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.