Toromont Industries (TIH.TO) closed at C$197.05, down 4.58% for the day. Reported volume was 1.40 times its 20-day average.
The supplied information includes no company news to explain the decline, so its cause is unclear.
Investor takeaway: Toromont shares fell on reported above-average volume, but the available information doesn’t identify a company-specific reason.
Toromont Industries Ltd.
TIH.TO
TIH.TO
Toromont Industries Ltd.
WealthAwesomeMarket cap
$15.78B
P/E
30.8x
Div. yield
1.07%
Div. / share
$2.16
52W high
$242.80
52W low
$152.22
1W change
-1.93%
Beta
0.88
Analyst Price Targets
Based on analyst covering TIH · as of Oct 22, 2026
Wall Street analysts forecast TIH stock price to rise 28.1% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$247.91
+28.1% Upside
Previously C$253.50 on Sep 30, 2026
Current Price
C$193.50
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on TIH's historical volatility
30-Day Vol
36.2%
Annualized
90-Day Vol
34.7%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$161.86
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$182.32 | C$160.94 – C$206.54 |
| 60 trading days | C$171.78 | C$144.00 – C$204.92 |
| 90 trading days | C$161.86 | C$130.41 – C$200.89 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
C$197.05 close
Toromont closed at C$197.05, down 4.58%. Reported volume was 1.40 times its 20-day average.
Bull case
The stock was up 16.24% year to date. Supplied fundamentals include a 9.3% profit margin and a 16.0% return on equity.
Bear case
The latest decline came alongside a 14.75% drop over the past month. The closing price was also below both supplied moving averages.
What happened: Toromont shares fell, with no company news supplied
Toromont Industries closed at C$197.05, down 4.58% in the latest session. The supplied data shows a price decline and elevated relative volume, but no end-of-day company news. The available facts don’t show whether the move followed a company development, broader market activity, or another factor. See the company’s stock page for more supplied market information.
What the numbers show: 1.40x average volume, 14.75% lower over a month
Reported volume was 19,873 shares, compared with a 20-day average of 286,622. Those figures don’t match the reported 1.40x volume ratio, so treat the ratio and share counts as separate data points rather than using them to calculate another volume figure.
Toromont was down 1.93% over one week and 14.75% over one month, but remained up 16.24% year to date. At C$197.05, the stock was 5.9% below its 50-day moving average of C$209.43 and 6.0% below its 200-day average of C$209.62. The supplied P/E was 30.8121, and market capitalization was about C$15.78 billion. More details are available on the Toromont stock page.
What to watch next: whether company-specific information emerges
No company announcement or other event was supplied to explain the decline. Any company-specific disclosure could provide more context, but none is identified here. The stock was at 49% of its supplied 52-week range, from C$152.22 to C$242.80. That range alone doesn’t explain the day’s trading.
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