A strong showing from Toromont Industries Ltd. has investors optimistic about its future.
Toromont Industries Ltd. saw its stock price increase by 1.97% in yesterday's trading session, closing at CA$198.36. This gain reflects positive investor sentiment following the company's recent performance announcements and strategic initiatives.
Investor takeaway: The increase in stock price suggests that investors are responding favorably to Toromont's growth strategies and financial results, indicating potential for continued upward momentum.
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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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Market Cap Reaches CA$16.2 Billion
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With a market cap of CA$16.2 billion, Toromont Industries Ltd. is a significant player in its sector, reflecting its strong market presence and investor confidence.
Bull case
Toromont Industries Ltd. reported strong financial performance for Q2 2026, with revenues up by 16% and operating income soaring by 41%. This positions the company for solid growth. Its strategic investments in the Power Systems business and the development of a new remanufacturing center are expected to enhance its market potential.
Bear case
Despite the recent gains, investors should stay cautious. The high P/E ratio of 31.54 may suggest that the stock is overvalued, and any downturn in the construction or power systems sectors could affect future profitability.
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