Toromont Industries Ltd.
Toromont Industries Ltd. (TMTNF) Stock Overview
Explore Toromont Industries Ltd.’s financial performance, market position, analyst ratings, and future outlook.
TMTNF Stock Analysis & Investment Overview
Our comprehensive AI-powered analysis of Toromont Industries Ltd. (TMTNF) provides investors with deep insights into the stock's performance, growth potential, and market positioning. With a Meyka AI Score of F, this stock demonstrates moderate investment characteristics based on our advanced machine learning models.
Our forecasting models predict significant price movements, with a 12-month target of $87.65.
Key financial metrics showcase the company's fundamental strength, including a P/E ratio of 20.20 and a market capitalization of 7.3B. These metrics, combined with our AI analysis, provide a comprehensive view for both institutional and retail investors.
Analyst Recommendations
Price Targets
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. This segment serves building, mining, aggregates, public infrastructure, residential construction, power generation, marine, agriculture, forestry, on-highway truck engines, industrial, demolition, and waste management markets. The CIMCO segment is involved in the design, engineering, fabrication, installation, and after-sale support of refrigeration systems in industrial and recreational markets. This segment primarily serves beverage and food processing, cold storage, food distribution, mining, and recreational ice rink sectors. Toromont Industries Ltd. was founded in 1961 and is based in Concord, Canada.
Michael Stanley Howie McMillan
7,300
3131 Highway 7 West, Concord, ON
2010