Toromont Industries Stock Today
| TIH Stock | CAD 130.25 0.95 0.72% |
Performance11 of 100
| Odds Of DistressLess than 5
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Toromont Industries is selling at 130.25 as of the 3rd of October 2024; that is 0.72% down since the beginning of the trading day. The stock's open price was 131.2. Toromont Industries has under 5 % chance of experiencing financial distress over the next 2 years and had a good performance during the last 90 days. Equity ratings for Toromont Industries are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of April 2024 and ending today, the 3rd of October 2024. Click here to learn more.
Business Domain Capital Goods | Category Industrials |
Toromont Industries Ltd. provides specialized capital equipment in Canada, the United States, and internationally. Toromont Industries Ltd. was founded in 1961 and is based in Concord, Canada. TOROMONT IND operates under Industrial Distribution classification in Canada and is traded on Toronto Stock Exchange. The company has 81.91 M outstanding shares of which 489.31 K shares are at this time shorted by private and institutional investors with about 4.28 days to cover all short positions. More on Toromont Industries
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Toromont Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Toromont Industries' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Toromont Industries or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Scott Medhurst | ||||
| Business Concentration | Trading Companies & Distributors, Industrial Distribution, Industrials, Industrials, Trading Companies & Distributors, Industrial Distribution, Industrials (View all Sectors) | ||||
Toromont Industries' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Toromont Industries' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Debt LevelsToromont Industries can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Toromont Industries' financial leverage. It provides some insight into what part of Toromont Industries' total assets is financed by creditors.
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Toromont Industries (TIH) is traded on Toronto Exchange in Canada and employs 7,000 people. Toromont Industries is listed under Trading Companies & Distributors category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 10.75 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Toromont Industries's market, we take the total number of its shares issued and multiply it by Toromont Industries's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Toromont Industries operates under Trading Companies & Distributors sector and is part of Industrials industry. The entity has 81.91 M outstanding shares of which 489.31 K shares are at this time shorted by private and institutional investors with about 4.28 days to cover all short positions.
Toromont Industries has accumulated about 537.17 M in cash with 355.79 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.54.
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Ownership AllocationToromont Industries shows a total of 81.91 Million outstanding shares. Over half of Toromont Industries' outstanding shares are owned by institutional holders. These institutional holders are typically referred to as corporate investors that take positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Toromont Industries. Please watch out for any change in the institutional holdings of Toromont Industries as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
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Toromont Industries Risk Profiles
Although Toromont Industries' alpha and beta are two of the key measurements used to evaluate Toromont Industries' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.8145 | |||
| Semi Deviation | 0.823 | |||
| Standard Deviation | 1.0 | |||
| Variance | 1.0 |
Toromont Stock Against Markets
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Toromont Industries Corporate Directors
| Wayne Hill | Independent Director | Profile | |
| Richard Roy | Independent Director | Profile | |
| Katherine Rethy | Independent Director | Profile | |
| Jeffrey Chisholm | Lead Independent Director | Profile |
Other Information on Investing in Toromont Stock
Toromont Industries financial ratios help investors to determine whether Toromont Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Toromont with respect to the benefits of owning Toromont Industries security.