Toromont Industries Ltd. has shown resilience in its stock performance this week, with a notable increase amidst a backdrop of significant company developments.
This week, Toromont Industries Ltd. (TIH.TO) experienced a 3.71% increase in its stock price, closing at C$202.32 on Friday. The stock's performance has been buoyed by recent company announcements and a consistent demand for its services.
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Toromont Industries Ltd.
TIH.TO
TIH.TO
Toromont Industries Ltd.
WealthAwesomeMarket cap
$18.77B
P/E
36.6x
Div. yield
0.91%
Div. / share
$2.16
52W high
$242.80
52W low
$151.77
1W change
+1.77%
Beta
0.88
Analyst Price Targets
Based on analyst covering TIH · as of Sep 30, 2026
Wall Street analysts forecast TIH stock price to rise 10.2% over the next 12 months.
Consensus
Moderately BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$253.50
+10.2% Upside
Previously C$253.89 on Sep 17, 2026
Current Price
C$230.13
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
31.0%
Annualized
90-Day Vol
44.5%
Annualized
Trend (90d)
+1.8%
Annualized drift
90d Mean
C$231.58
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$230.61 | C$207.20 – C$256.66 |
| 60 trading days | C$231.09 | C$198.63 – C$268.86 |
| 90 trading days | C$231.58 | C$192.39 – C$278.74 |
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.
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Investor takeaway: Investors should consider the sustainable growth indicators from recent financial results and strategic expansions, despite the recent pullback in price from its 50-day moving average.
C$202.32 - Last Close
The stock has fluctuated between C$144.16 and C$242.80 over the past year, indicating a 59% utilization of its 52-week range, which suggests potential volatility in the near term.
Bull case
The company reported a 16% increase in revenue and a 41% rise in operating income for the second quarter of 2026, reflecting strong operational performance. Additionally, firm orders worth CAD$1 billion in its Power Systems business show robust demand.
Bear case
Despite these positive financial results, the stock is currently trading below its 50-day moving average, which could raise concerns for some investors. The recent 7.78% decline over the past month also brings up questions about short-term momentum.
Weekly Price Action
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Toromont Industries Ltd. closed at C$202.32 on Friday, marking a slight decline of 0.47% for the day but reflecting a positive weekly performance with a 3.71% increase. Year-to-date, the stock has gained 20.56%, showcasing resilience in a fluctuating market.
Company News and Developments
Recent headlines highlight Toromont's financial results for the second quarter of 2026, where the company reported a 16% increase in revenue and a 41% rise in operating income year-over-year. Additionally, Toromont's Power Systems division has secured orders totaling approximately CAD$1 billion, with deliveries anticipated in 2027. The company is also constructing a new remanufacturing center in Quebec to meet growing customer demand, further indicating its strategic growth initiatives.
Technical Picture
From a technical perspective, Toromont's stock is currently trading below its 50-day moving average of C$216.30, which is 6.5% higher than the current price. However, it is above the 200-day moving average of C$201.08, indicating a slight bullish trend. The stock has a beta of 0.95, suggesting it is less volatile than the market. The latest trading volume of 311,785 shares is slightly above the 20-day average of 294,532 shares, indicating steady interest from investors.
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