TSE:TIH

Toromont Industries (TIH.TO)

222.96
-1.02 (0.46%)
as of Jul 6, 2026, 8:00:00 pm Market Open.
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Investor Insights
star iconJul 6, 2026, 12:00 am

This summary was created by AI, based on 5 opinions in the last 12 months.

Toromont Industries, the largest Caterpillar dealer in Canada, is viewed positively by various experts, particularly for its recurring, high-margin servicing revenue tied to the infrastructure theme. Analysts note that while the company has shown strong performance, with earnings and revenue exceeding estimates, there are concerns over the current high price-to-earnings ratio, suggesting that investors should wait for a pullback before investing more heavily. The current market context shows bullish sentiment for industrial stocks as they typically thrive in the early phases of economic recovery. Nonetheless, uncertainties remain, particularly due to tariffs impacting customer behavior and expectations regarding significant infrastructure spending, which may be delayed. Analysts predict some consolidation ahead due to economic conditions, but still see potential for gains in the longer term.

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Consensus
Cautious
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Valuation
Overvalued
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MTR.TO
BUY
Incredibly cheap. Looking at the 22-year dividend history is one of the best dividend growers in Canada. Very predictable stream of growth. 2.6% yield.
PAST TOP PICK
(A Top Pick Sept 3/08. Down 26.1% but got stopped out at $27 for a 14.3% loss.) Now doing well and starting to make a base. Ideal buying opportunity. 200-day moving average is around $22 but has just had a major break above a descending trendline so stock is probably ready to jump.
PAST TOP PICK
(A Top Pick Feb 6/07. Up 4.26%.) This is one you just put in your portfolio and forget about it. They run a fantastic business. Ideal play on infrastructure spending in Canada. Also have a play on unconventional natural gas extraction.
COMMENT
Some exposure to the housing industry but very well diversified. Financially solid. Compression business is solid as well. Its fundamentals are going to be overwhelmed by the credit winds. 3 to 5 year horizon, it's a buy.
TOP PICK
Strong uptrend. Above the 200-day moving average. Industrials should do well. Stop/loss should be $28 or $29.
TOP PICK
Has the ability to sustain itself after the business cycle, because of its presence in Ontario. Expects government will spend a great deal on infrastructure.
BUY
The model price is $32.24, a 34% positive differential. If it qualified for his portfolios, he would buy it.
DON'T BUY
Big infrastructure needs should keep propelling both companies forward. Slightly expensive. Trades at 17 X next year's earnings. Would prefer it under $15.
BUY
Caterpillar equipment dealer. Prefers Finning (FTT-T). Very well-run company and has always traded at a premium multiple but there has been some contraction in that. Quality name.
TOP PICK
Toromont Industries has two key areas that they work in. One is caterpillar dealerships in Ont., Man. and N. Canada. The other is in gas compressors. He likes this company because it has steady growth, it is well managed, always traded at a premium and is well diversified. Sees continued growth. Not a big large cap company. Bought March 10 at $25.45. He will continue to add to it as well.
BUY
Caterpillar dealer. Has done fairly well. A leverage play on the resources boom.
HOLD
A terrific looking chart. Good long uptrend. There is no reason to sell.
HOLD
In a number of industries, but the one it's best known for is its Caterpillar Equipment distributorship, especially in eastern Canada. With the resource/mining boom, Caterpiller has been in demand. Well run company. Has become more cyclical.
PAST TOP PICK
(A Top Pick Aug 23/04. Up 26%.) Still likes. Has moved very nicely and probably not cheap. Has solid management, so likes it for the long term. 2 areas of growth, Caterpillar dealership (spare parts only) and gas compression. Would buy more on any weakness.
TOP PICK
A good play on mining. Have the Voisey's Bay contract. They also have a compression division for refrigeration for gas installations which has been the major driver of their earnings growth. Pays a dividend.
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