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1 Comment
Toromont Industries Ltd is currently in a long term uptrend where the price is trading 13.2% above its 200 day moving average.
From a valuation standpoint, the stock is 92.8% cheaper than other stocks from the Industrials sector with a price to sales ratio of 2.3.
Toromont Industries Ltd's total revenue sank by 3.2% to $992M since the same quarter in the previous year.
Its net income has dropped by 1.7% to $89M since the same quarter in the previous year.
Finally, its free cash flow fell by 8.7% to $141M since the same quarter in the previous year.
Based on the above factors, Toromont Industries Ltd gets an overall score of 2/5.
Industry | Industrial Distribution |
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ISIN | CA8911021050 |
Sector | Industrials |
CurrencyCode | CAD |
Exchange | TO |
Dividend Yield | 1.6% |
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Market Cap | 9B |
Beta | 0.77 |
Target Price | 125.11 |
PE Ratio | 19.47 |
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 road building, mining, aggregates, infrastructure, residential and commercial construction, power generation, agriculture, forestry, 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. The company was founded in 1961 and is based in Concord, Canada.
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