Randall Casson Sells 17,700 Shares of Toromont Industries Ltd (TIH) Stock

Toromont Industries Ltd (TSE:TIH) Director Randall Casson sold 17,700 shares of Toromont Industries stock in a transaction on Friday, May 10th. The stock was sold at an average price of C$60.75, for a total transaction of C$1,075,275.00. Following the completion of the transaction, the director now directly owns 120,000 shares of the company’s stock, valued at C$7,290,000.

Randall Casson also recently made the following trade(s):

  • On Tuesday, March 19th, Randall Casson sold 300 shares of Toromont Industries stock. The stock was sold at an average price of C$67.40, for a total transaction of C$20,220.00.
  • On Friday, March 1st, Randall Casson sold 800 shares of Toromont Industries stock. The stock was sold at an average price of C$69.74, for a total transaction of C$55,792.00.

Toromont Industries stock traded down C$0.45 during trading hours on Tuesday, hitting C$59.52. The company had a trading volume of 155,376 shares, compared to its average volume of 133,528. The stock has a market cap of $4.96 billion and a price-to-earnings ratio of 18.81. The company has a debt-to-equity ratio of 50.75, a current ratio of 1.62 and a quick ratio of 0.63. Toromont Industries Ltd has a 1 year low of C$51.02 and a 1 year high of C$70.62.



Toromont Industries (TSE:TIH) last released its quarterly earnings data on Thursday, February 14th. The company reported C$1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.88 by C$0.16. The company had revenue of C$966.00 million during the quarter, compared to analysts’ expectations of C$896.80 million. Research analysts expect that Toromont Industries Ltd will post 3.99000009844703 earnings per share for the current year.

TIH has been the subject of a number of recent research reports. CIBC lifted their price objective on shares of Toromont Industries from C$64.00 to C$70.00 and gave the stock a “hold” rating in a research note on Tuesday, February 19th. Canaccord Genuity lifted their price target on shares of Toromont Industries from C$57.00 to C$62.00 in a research note on Tuesday, February 19th. Royal Bank of Canada lifted their price target on shares of Toromont Industries from C$62.00 to C$66.00 and gave the stock a “sector perform” rating in a research note on Tuesday, February 19th. TD Securities lifted their price target on shares of Toromont Industries from C$70.00 to C$72.00 in a research note on Tuesday, February 19th. Finally, Raymond James lifted their price target on shares of Toromont Industries from C$70.00 to C$71.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 19th. Five investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of C$69.38.

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About Toromont Industries

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 is involved 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.

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