Toromont Industries (TIH-T) Stock Predictions - Stockchase
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Toromont Industries (TIH-T)

ON STOCKCHASE SINCE Dec 2000

Caterpillar dealer, Ont. Nflnd,Labrador

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Toromont Industries

TIH-T

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Toromont Industries (TIH-T) SAVE Apr, 18, 2019, 5:32 pm

70.22 0.28 (0.4%)

What the experts are saying about TIH-T



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BUY
vs. FTT-T FTT is trying to find a floor. Compare this to peer, Toromont, which is like day and night. Toromont has broken to new highs.
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vs. FTT-T FTT is trying to find a floor. Compare this to peer, Toromont, which is like day and night. Toromont has broken to new highs.
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Javed Mirza

Technical , Canaccord Genuity ...

Price Price
$68.960
Owned Owned
Unknown

PAST TOP PICK
Toromont Industries(TIH-T) 

November 2, 2018

(A Top Pick Oct 04/17, Up 8%) They they do well during these times when the economy is strong and there's infrastructure building. They surprised last quarter with a dividend increase of 21%.

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(A Top Pick Oct 04/17, Up 8%) They they do well during these times when the economy is strong and there's infrastructure building. They surprised last quarter with a dividend increase of 21%.

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David Driscoll

President , Liberty Internationa...

Price Price
$61.590
Owned Owned
Yes

BUY
Toromont Industries(TIH-T) 

September 25, 2018

This is one of the biggest Caterpillar distributors in the world. Its market is mainly in Ontario. It trades the same way as Caterpillar. It does well as long as there is good activity in construction and mining, and is doing well now. He has no problem with owning it now, but cautions that it is a cyclical stock. When the market turns, it will fare worse than defensive stocks. But it is a good stock to own now.

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This is one of the biggest Caterpillar distributors in the world. Its market is mainly in Ontario. It trades the same way as Caterpillar. It does well as long as there is good activity in construction and mining, and is doing well now. He has no problem with owning it now, but cautions that it is a cyclical stock. When the market turns, it will fare worse than defensive stocks. But it is a good stock to own now.

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Norman Levine

Managing D, Portfolio Management...

Price Price
$66.980
Owned Owned
Unknown

BUY
Toromont Industries(TIH-T) 

September 17, 2018

It is a long for him and a larger holding for him.  It has good price momentum and good valuation.  They beat on the recent quarter.  It has an okay yield with a lot of room to move it.

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It is a long for him and a larger holding for him.  It has good price momentum and good valuation.  They beat on the recent quarter.  It has an okay yield with a lot of room to move it.

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Jason Mann

CIO & Co-F, Edgehill Patners...

Price Price
$64.140
Owned Owned
Yes

DON'T BUY
Toromont Industries(TIH-T) 

August 30, 2018

Model price is $92.83, a 21% upside.  If we ever get that correction, he would love to buy it at $56 and hold for 3 - 6 years.

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Model price is $92.83, a 21% upside.  If we ever get that correction, he would love to buy it at $56 and hold for 3 - 6 years.

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Brian Acker, CA

Chief Exec, Acker Finley Inc....

Price Price
$65.710
Owned Owned
Unknown

TOP PICK

They make refrigeration for ice rinks and warehouses across North America. Acquired Atlantic and Quebec Caterpillar dealerships which boosts their pricing power. He will own this for a long time. (Analysts' price target $63.29)

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They make refrigeration for ice rinks and warehouses across North America. Acquired Atlantic and Quebec Caterpillar dealerships which boosts their pricing power. He will own this for a long time. (Analysts' price target $63.29)

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David Driscoll

President , Liberty Internationa...

Price Price
$55.370
Owned Owned
Yes

TOP PICK
Toromont Industries(TIH-T) 

October 4, 2017

This started as a refrigeration company, and now provide all the compression equipment in hockey rinks in North America. The Caterpillar dealership came along in Manitoba and Ontario with a little bit in Québec, and they just made a small acquisition in Atlantic Canada. This is what they really needed to get organic growth going, because if they can cut their costs, then they have higher margins moving forward. Recommends half positions for the Top Picks, which is what he does for new clients. Dividend yield of 1.3%. (Analysts’ price target is $58.25.)

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This started as a refrigeration company, and now provide all the compression equipment in hockey rinks in North America. The Caterpillar dealership came along in Manitoba and Ontario with a little bit in Québec, and they just made a small acquisition in Atlantic Canada. This is what they really needed to get organic growth going, because if they can cut their costs, then they have higher margins moving forward. Recommends half positions for the Top Picks, which is what he does for new clients. Dividend yield of 1.3%. (Analysts’ price target is $58.25.)

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David Driscoll

President , Liberty Internationa...

Price Price
$57.850
Owned Owned
Yes

BUY
Toromont Industries(TIH-T) 

November 14, 2016

(Market Call Minute.) Has owned this for a long time. A big infrastructure play that is in much better shape than some of the other construction companies.

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(Market Call Minute.) Has owned this for a long time. A big infrastructure play that is in much better shape than some of the other construction companies.

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David Driscoll

President , Liberty Internationa...

Price Price
$39.830
Owned Owned
Yes

DON'T BUY
Toromont Industries(TIH-T) 

October 21, 2016

This has been on a tear. An equipment maker that has done really well because it is focused on Manitoba and Ontario, very good places to be. He sees 8% earnings growth over the next couple of years. They have virtually no debt. It benefits from a soft Cdn$. They do a really good job of managing their costs. Everything is right for the stock, except its valuation which is trading at around 20X versus its 15.5X five-year average.

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This has been on a tear. An equipment maker that has done really well because it is focused on Manitoba and Ontario, very good places to be. He sees 8% earnings growth over the next couple of years. They have virtually no debt. It benefits from a soft Cdn$. They do a really good job of managing their costs. Everything is right for the stock, except its valuation which is trading at around 20X versus its 15.5X five-year average.

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Greg Newman

Director &, Scotia Wealth Manage...

Price Price
$40.450
Owned Owned
Unknown

COMMENT
Toromont Industries(TIH-T) 

October 20, 2016

Doesn’t know a lot about this one, but they are in a universe he follows. Their cash ROE is 28%. He is looking for companies that have in excess of 20%, and have been able to do it 3 years running, so this meets his criteria. Their cash over PE ratio is about 2.5, a little richer than what he likes. He likes this.

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Doesn’t know a lot about this one, but they are in a universe he follows. Their cash ROE is 28%. He is looking for companies that have in excess of 20%, and have been able to do it 3 years running, so this meets his criteria. Their cash over PE ratio is about 2.5, a little richer than what he likes. He likes this.

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Jason Del Vicar

Portfolio , HollisWealth...

Price Price
$40.320
Owned Owned
No

COMMENT
Toromont Industries(TIH-T) 

September 15, 2016

It is a well run company.  They are the local CAT dealer.  He is short CAT-N, but would not want to be short TIH-T.  It is one of the strong points in the CAT sales network.

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It is a well run company.  They are the local CAT dealer.  He is short CAT-N, but would not want to be short TIH-T.  It is one of the strong points in the CAT sales network.

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Daniel Lloyd

Portfolio , Forge First Asset Ma...

Price Price
$38.460
Owned Owned
Unknown

COMMENT

Heavy equipment. The stock has done quite well. He is a little bit cautious on heavy equipment in general. He is focusing more on consumer, healthcare and technology.

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Heavy equipment. The stock has done quite well. He is a little bit cautious on heavy equipment in general. He is focusing more on consumer, healthcare and technology.

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David Burrows

President , Barometer Capital Ma...

Price Price
$30.750
Owned Owned
Unknown

TOP PICK
Toromont Industries(TIH-T) 

December 9, 2014

*Short.* The only Caterpillar dealer in Ontario as well as having a small business in arenas. Have benefited for years from an increasing mining sector, and in Ontario it is primarily gold related, and gold miners are not doing that well. Also trading at a pretty hefty premium to the competition. A strengthening US$ means that new equipment coming into the market is going to get re-priced at an expensive US$, and then a lot of used equipment will start competing. Yield of 2.17%.

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*Short.* The only Caterpillar dealer in Ontario as well as having a small business in arenas. Have benefited for years from an increasing mining sector, and in Ontario it is primarily gold related, and gold miners are not doing that well. Also trading at a pretty hefty premium to the competition. A strengthening US$ means that new equipment coming into the market is going to get re-priced at an expensive US$, and then a lot of used equipment will start competing. Yield of 2.17%.

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Patrick Horan

Portfolio , Agilith Capital Inc...

Price Price
$27.850
Owned Owned
Yes

COMMENT
Toromont Industries(TIH-T) 

October 1, 2012

Spun off Enerflex, which to him was a bit of a head scratcher. Bought it in 2010 and sold it in 2011. Really know accretive value. He would be mixed on this name. Last quarter their Q2 was up 15% which is good and did have a sequential good increase in bookings and a very solid backlog but margins were weaker than expected, which he doesn’t really think is a problem. Margin pressures will abate over the coming quarters. Would prefer Wajax (WJX-T).

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Spun off Enerflex, which to him was a bit of a head scratcher. Bought it in 2010 and sold it in 2011. Really know accretive value. He would be mixed on this name. Last quarter their Q2 was up 15% which is good and did have a sequential good increase in bookings and a very solid backlog but margins were weaker than expected, which he doesn’t really think is a problem. Margin pressures will abate over the coming quarters. Would prefer Wajax (WJX-T).

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Greg Newman

Director &, Scotia Wealth Manage...

Price Price
$20.720
Owned Owned
Unknown

COMMENT
Toromont Industries(TIH-T) 

August 18, 2011

Finning (FTT-T) or Toromont (TIH-T) for long-term growth and dividends? This area is a little tough right now. Industrial equipment has been pretty beaten up in the last few weeks. He would prefer Finning, which has the oil Sands in Alberta as well as South America where they have a ton of mining. Toromont more focused on Ontario so there is some mining they can focus on but it is more construction, etc.
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Finning (FTT-T) or Toromont (TIH-T) for long-term growth and dividends? This area is a little tough right now. Industrial equipment has been pretty beaten up in the last few weeks. He would prefer Finning, which has the oil Sands in Alberta as well as South America where they have a ton of mining. Toromont more focused on Ontario so there is some mining they can focus on but it is more construction, etc.
machinery
0 0 0 0 0
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David Burrows

President , Barometer Capital Ma...

Price Price
$16.750
Owned Owned
Unknown

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