EPS for Toromont Industries Ltd. (TIH) Expected At $0.66

January 16, 2018 - By Clifton Ray

 EPS for Toromont Industries Ltd. (TIH) Expected At $0.66

Analysts expect Toromont Industries Ltd. (TSE:TIH) to report $0.66 EPS on February, 5.They anticipate $0.08 EPS change or 13.79 % from last quarter’s $0.58 EPS. T_TIH’s profit would be $53.41M giving it 20.91 P/E if the $0.66 EPS is correct. After having $0.62 EPS previously, Toromont Industries Ltd.’s analysts see 6.45 % EPS growth. The stock increased 0.44% or $0.24 during the last trading session, reaching $55.21. About 314,040 shares traded or 176.30% up from the average. Toromont Industries Ltd. (TSE:TIH) has 0.00% since January 16, 2017 and is . It has underperformed by 16.70% the S&P500.

Toromont Industries Ltd. (TSE:TIH) Ratings Coverage

Among 7 analysts covering Toromont Industries Ltd. (TSE:TIH), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. Toromont Industries Ltd. had 26 analyst reports since July 29, 2015 according to SRatingsIntel. RBC Capital Markets upgraded the stock to “Outperform” rating in Wednesday, July 29 report. National Bank Canada upgraded the shares of TIH in report on Thursday, June 1 to “Outperform” rating. Scotia Capital maintained Toromont Industries Ltd. (TSE:TIH) rating on Tuesday, November 8. Scotia Capital has “Sector Perform” rating and $38.50 target. As per Tuesday, November 8, the company rating was maintained by RBC Capital Markets. On Wednesday, November 9 the stock rating was maintained by TD Securities with “Hold”. As per Wednesday, February 8, the company rating was maintained by RBC Capital Markets. Dundee Securities downgraded Toromont Industries Ltd. (TSE:TIH) on Tuesday, August 4 to “Neutral” rating. The firm has “Outperform” rating given on Tuesday, January 19 by RBC Capital Markets. BMO Capital Markets upgraded the shares of TIH in report on Wednesday, July 29 to “Outperform” rating. As per Friday, July 22, the company rating was downgraded by Canaccord Genuity.

Toromont Industries Ltd. provides specialized capital equipment in Canada, the United States, and internationally. The company has market cap of $4.47 billion. It operates in two divisions, Equipment Group and CIMCO. It has a 26.94 P/E ratio. The Equipment Group segment is involved in the sale, rental, and service of mobile equipment for Caterpillar and other manufacturers; sale, rental, and service of engines used in a variety of applications, including industrial, commercial, marine, on-highway trucks, and power generation; and sale of complementary and related products, parts, and services.

More notable recent Toromont Industries Ltd. (TSE:TIH) news were published by: Marketwired.com which released: “Toromont Industries to Acquire Hewitt Equipment” on August 28, 2017, also Seekingalpha.com with their article: “Toromont Industries’ (TMTNF) CEO Scott Medhurst on Q2 2017 Results – Earnings …” published on July 26, 2017, Marketwired.com published: “Toromont Industries Files Business Acquisition Report” on November 13, 2017. More interesting news about Toromont Industries Ltd. (TSE:TIH) were released by: Marketwired.com and their article: “Toromont Industries Completes Hewitt Acquisition” published on October 27, 2017 as well as Marketwired.com‘s news article titled: “Toromont Industries Ltd. – Normal Course Issuer Bid” with publication date: August 26, 2016.

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