Toromont Industries Ltd. (OTCMKTS:TMTNF) Receives Consensus Rating of “Moderate Buy” from Analysts
by Scott Moore · The Cerbat GemShares of Toromont Industries Ltd. (OTCMKTS:TMTNF – Get Free Report) have been assigned an average rating of “Moderate Buy” from the six ratings firms that are covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company.
A number of research analysts have recently commented on the company. BMO Capital Markets restated an “outperform” rating on shares of Toromont Industries in a research note on Thursday, February 12th. Scotiabank reiterated a “sector perform” rating on shares of Toromont Industries in a research note on Thursday, January 29th. TD Securities reiterated a “buy” rating on shares of Toromont Industries in a research note on Tuesday, February 17th. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of Toromont Industries in a research note on Thursday, February 12th.
Get Our Latest Analysis on Toromont Industries
Toromont Industries Stock Performance
TMTNF opened at $143.38 on Thursday. The stock has a market cap of $11.69 billion and a PE ratio of 104.66. The company has a quick ratio of 1.86, a current ratio of 2.93 and a debt-to-equity ratio of 0.26. The business has a 50 day moving average of $142.74 and a 200-day moving average of $126.16. Toromont Industries has a 52 week low of $76.05 and a 52 week high of $154.78.
Toromont Industries (OTCMKTS:TMTNF – Get Free Report) last released its earnings results on Tuesday, February 10th. The company reported $1.37 EPS for the quarter, beating analysts’ consensus estimates of $1.02 by $0.35. The company had revenue of $764.29 million during the quarter, compared to analysts’ expectations of $848.84 million. Toromont Industries had a return on equity of 16.03% and a net margin of 9.56%.
About Toromont Industries
Toromont Industries Ltd. is a Canadian diversified industrial equipment and services company. Through its Toromont CAT division, it serves as a major dealer for Caterpillar machinery, offering sales, rentals, parts and service support for a wide range of heavy-duty equipment. Products include earth-moving, paving and compaction machinery, material handling equipment and power generation systems tailored to the needs of construction, mining, forestry, marine and energy sectors.
The company’s CIMCO Refrigeration business provides design-build, installation and maintenance of industrial and commercial refrigeration systems.