Three Directors at Toromont Industries Ltd bought 5,750 shares at between 111.168CAD and 111.750CAD. The significance rating of the trade was 65/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's direct...
The heavy industrial machinery and equipment (M&E) sector is going through a transition from a product-led operating model to customer-centric solutions enabled by advanced computerized systems and data analytics. While digitalization has been a strategic focus in the last decade, it has now entered rapid progression after the Coronavirus Disease (COVID-19) pandemic. The manufacturers are not only making smart, sophisticated products but are applying advanced machine intelligence to create value...
On June 7, 2023, DBRS Limited (DBRS Morningstar) confirmed the Issuer Rating and Senior Unsecured Debentures rating of Toromont Industries Ltd.’s (Toromont or the Company) at A (low) with Stable trends. The rating confirmations reflect Toromont’s strong operating results in 2022 that were in line with DBRS Morningstar's expectations. The Stable trends reflect DBRS Morningstar’s expectations that operating results and credit metrics will remain well positioned in the current rating category in th...
Welcome to 2023: this is the year that is unlikely to be feared by capital goods dealers thanks to energy transition and, in part, to a lingering pandemic aftermath. Overall, DBRS Morningstar's outlook for capital goods dealership issuers is neutral. Despite the strong order backlog, there are many moving variables that are at play and need to be monitored closely. While we anticipate challenging times ahead in the context of a projected macroeconomic slowdown, 2023 presents a unique opportunity...
Toromont Announces 2021 Results and Quarterly Dividend TORONTO, Feb. 09, 2022 (GLOBE NEWSWIRE) -- Toromont Industries Ltd. (TSX: TIH) today reported financial results for the three months and year ended December 31, 2021. Three months ended December 31 Years ended December 31millions, except per share amounts 2021 2020% change 2021 2020% change Revenues$ 956.0$992.2(4%) $ 3,886.5$3,478.912 %Operating income$ 148.8$127.217 % $ 475.9$372.428 %Net earnings$ 105.6$89.019 % $ 332.7$254.931 %Basic earnings per share ("EPS")$ 1.28$1.0819 % $ 4.03$3.1030 % “Toromont del...
Toromont to Announce 2021 Annual Results on February 9, 2022 TORONTO, Jan. 26, 2022 (GLOBE NEWSWIRE) -- Toromont Industries Ltd. (TSX:TIH) will release its 2021 annual financial results after markets close on Wednesday, February 9, 2022. The analysis of annual results will also include a focus on performance in the fourth quarter. Analysts, members of the media and other interested parties are invited to participate in a teleconference and audio webcast on Thursday, February 10, 2022 beginning at 8:00 a.m. (Eastern) to discuss the financial results and operating highlights. The conferenc...
TOROMONT INDUSTRIES (CA), a company active in the Commercial Vehicles & Trucks industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 4 out of 4 stars, as well as its unchanged, moderately risky market behaviour. The title leverages a more favourable environment and raises its general evaluation to Slightly Positive. As of the analysis date December 24, 2021, the closing price was CAD 11...
Toromont Announces Results for the Third Quarter of 2021 and Quarterly Dividend TORONTO, Nov. 04, 2021 (GLOBE NEWSWIRE) -- Toromont Industries Ltd. (TSX: TIH) reported its financial results for the third quarter ended September 30, 2021. Three months ended September 30 Nine months ended September 30millions, except per share amounts 2021 2020% change 2021 2020% change Revenues$ 997.2$921.78 % $ 2,930.5$2,486.718 %Operating income$ 134.4$112.919 % $ 327.2$245.333 %Net earnings$ 93.8$77.421 % $ 227.1$166.037 %Basic earnings per share ("EPS")$ 1.13$0.9420 % $ 2.75$2.0236 % “We are p...
Toromont to Announce Third Quarter 2021 Results on Thursday, November 4, 2021 TORONTO, Oct. 21, 2021 (GLOBE NEWSWIRE) -- Toromont Industries Ltd. (TSX:TIH) will release its third quarter 2021 results after markets close on Thursday, November 4, 2021. Analysts, members of the media and other interested parties are invited to participate in a teleconference and audio webcast on Friday, November 5, 2021 at 8:00 a.m. (Eastern) to discuss the financial results and operating highlights. The conference will begin with a brief address by Scott J. Medhurst, President and Chief Executive Officer a...
Toromont Industries Ltd. – Normal Course Issuer Bid TORONTO, Sept. 13, 2021 (GLOBE NEWSWIRE) -- Toromont Industries Ltd. (TSX:TIH) announced today that it has filed with the Toronto Stock Exchange (the “TSX”) a notice of intention to make a normal course issuer bid (“NCIB”) for certain of its common shares through the facilities of the Toronto Stock Exchange and alternative Canadian trading systems. Under this notice, Toromont is entitled to purchase up to 8,245,102 common shares, representing 10% of its 82,451,029 common shares in the “public float” as of August 31, 2021, during the 12-...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Toromont Announces Results for the Second Quarter of 2021 and Quarterly Dividend TORONTO, July 28, 2021 (GLOBE NEWSWIRE) -- Toromont Industries Ltd. (TSX: TIH) reported its financial results for the second quarter ended June 30, 2021. Three months ended June 30 Six months ended June 30 millions, except per share amounts 2021 2020% change 2021 2020% change Revenues$ 1,127.1$849.633 % $ 1,933.3$1,565.124 % Operating income$ 122.5$77.159 % $ 192.7$132.446 % Net earnings$ 85.4$51.267 % $ 133.4$88.651 % Basic earnings per share ("EPS")$ 1.03$0.6266 % $ 1.62$1.0850 % “We ar...
Toromont Announces Retirement of Robert Ogilvie and Appointment of Richard Roy as Chair of the Board TORONTO, July 15, 2021 (GLOBE NEWSWIRE) -- Toromont Industries Ltd. (TSX:TIH) today announces that after 36 years of dedicated service (34 as Chairman and 20 as CEO), Mr. Robert M. Ogilvie will retire as both Chairman and Director of the Board of Directors effective July 15, 2021. Mr. Ogilvie’s chairmanship extended beyond the originally scheduled retirement date of April 2021 as the COVID crisis presented unprecedented uncertainties. The company has navigated well over the last 16 months...
Toromont To Announce Second Quarter 2021 Results On July 28, 2021 TORONTO, July 14, 2021 (GLOBE NEWSWIRE) -- Toromont Industries Ltd. (TSX:TIH) will release its second quarter 2021 results after markets close on Wednesday, July 28, 2021. Analysts, members of the media and other interested parties are invited to participate in a teleconference and audio webcast on Thursday, July 29, 2021 at 8:00 a.m. (Eastern) to discuss the financial results and operating highlights. The conference will begin with a brief address by Scott J. Medhurst, President and Chief Executive Officer and Michael S. ...
Toromont Announces Election of Board of Directors TORONTO, May 05, 2021 (GLOBE NEWSWIRE) -- Toromont Industries Ltd. (TSX:TIH) (“Toromont”) is pleased to announce that on May 5, 2021, at its Annual and Special Meeting of Shareholders, all the nominees listed in its Management Information Circular dated February 26, 2021 were elected as Directors of Toromont. The detailed results of the vote are as follows: NomineeTotal VotesForPercentage of Votes InFavourTotalVotes WithheldPercentage of VotesWithheld TotalVotesPeter J. Blake64,342,046 99.16%542,340 0.84%64,884,386 Benjamin D. Cherniavsky...
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. Three months ended March 31 millions, except per share amounts 2021 2020% change Revenues$ 806.2 $ 715.513 % Operating income$ 70.2 $ 55.227 % Net earnings$ 48.0 $ 37.428 % Basic earnings per share ("EPS")$ 0.58 $ 0.4626 % “Toromont’s first quarter results reflect our people’s unwaverin...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.