B
Toromont Industries Ltd. TIH.TO
TSX
Recommendation
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Volume
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Avg Vol (90D)
Market Cap
Dividend & Yield
52-Week Range
P/E (TTM)
EPS (TTM)
B
Buy 2/15/2024Upgraded
Toromont Industries Ltd. (TIH.TO) was upgraded to B from B- on 2/15/2024 due to a substantial increase in the growth index and volatility index. Operating cash flow increased 131.95% from $99.64M to $231.12M, EBIT increased 0.79% from $143.95M to $145.1M, and earnings per share increased from $1.3122 to $1.3189.
B
Buy 1/11/2024Upgraded
Toromont Industries Ltd. (TIH.TO) was upgraded to B- from C+ on 1/11/2024 due to an increase in the volatility index.
C
Hold 12/18/2023Downgrade
Toromont Industries Ltd. (TIH.TO) was downgraded to C+ from B- on 12/18/2023 due to a noticeable decline in the volatility index, efficiency index and total return index.
B
Buy 9/1/2023Downgrade
Toromont Industries Ltd. (TIH.TO) was downgraded to B- from B on 9/1/2023 due to a significant decline in the growth index.
B
Buy 3/14/2023Upgraded
Toromont Industries Ltd. (TIH.TO) was upgraded to B from B- on 3/14/2023 due to a large increase in the growth index, volatility index and valuation index. Operating cash flow increased 274.32% from $35.51M to $132.92M, earnings per share increased from $1.142 to $1.4231, and EBIT increased 20.8% from $129.59M to $156.54M.
B
Buy 11/2/2022Downgrade
Toromont Industries Ltd. (TIH.TO) was downgraded to B- from B on 11/2/2022 due to a major decline in the growth index, solvency index and dividend index. Operating cash flow declined 37.5% from $56.79M to $35.49M.
B
Buy 10/31/2022Upgraded
Toromont Industries Ltd. (TIH.TO) was upgraded to B from B- on 10/31/2022 due to an increase in the total return index, valuation index and dividend index.
B
Buy 9/15/2022Downgrade
Toromont Industries Ltd. (TIH.TO) was downgraded to B- from B on 9/15/2022 due to a large decline in the volatility index, total return index and dividend index.
B
Buy 7/5/2022Downgrade
Toromont Industries Ltd. (TIH.TO) was downgraded to B from B+ on 7/5/2022 due to a noticeable decline in the total return index and volatility index.
B
Buy 6/17/2022Upgraded
Toromont Industries Ltd. (TIH.TO) was upgraded to B+ from B on 6/17/2022 due to an increase in the valuation index and dividend index.
B
Buy 5/10/2022Downgrade
Toromont Industries Ltd. (TIH.TO) was downgraded to B from B+ on 5/10/2022 due to a noticeable decline in the growth index, total return index and solvency index. Operating cash flow declined 133.17% from $195.74M to -$64.93M, EBIT declined 44.29% from $122.04M to $67.99M, and earnings per share declined from $1.0087 to $0.5684.
B
Buy 3/21/2022Upgraded
Toromont Industries Ltd. (TIH.TO) was upgraded to B+ from B on 3/21/2022 due to a substantial increase in the total return index and volatility index.
B
Buy 3/4/2022Downgrade
Toromont Industries Ltd. (TIH.TO) was downgraded to B from B+ on 3/4/2022 due to a substantial decline in the total return index.
B
Buy 2/16/2022Upgraded
Toromont Industries Ltd. (TIH.TO) was upgraded to B+ from B on 2/16/2022 due to an increase in the growth index, valuation index and solvency index. Operating cash flow increased 67.79% from $116.67M to $195.76M, earnings per share increased from $0.8889 to $1.0089, and EBIT increased 10.67% from $106.7M to $118.09M.
B
Buy 1/10/2022Downgrade
Toromont Industries Ltd. (TIH.TO) was downgraded to B from B+ on 1/10/2022 due to a decline in the total return index, valuation index and dividend index.
B
Buy 12/23/2021Upgraded
Toromont Industries Ltd. (TIH.TO) was upgraded to B+ from B on 12/23/2021 due to a major increase in the growth index, total return index and volatility index. Operating cash flow increased 45.88% from $79.97M to $116.67M, earnings per share increased from $0.8305 to $0.8889, and EBIT increased 6.97% from $99.75M to $106.7M.
B
Buy 7/30/2021Upgraded
Toromont Industries Ltd. (TIH.TO) was upgraded to B from B- on 7/30/2021 due to a major increase in the total return index, solvency index and valuation index. The quick ratio increased from 1.48 to 1.61, and debt to equity declined from 0.37 to 0.36.
B
Buy 3/31/2021Downgrade
Toromont Industries Ltd. (TIH.TO) was downgraded to B- from B on 3/31/2021 due to a large decline in the total return index and valuation index.
B
Buy 3/16/2021Upgraded
Toromont Industries Ltd. (TIH.TO) was upgraded to B from B- on 3/16/2021 due to a noticeable increase in the total return index, volatility index and valuation index.
B
Buy 3/1/2021Downgrade
Toromont Industries Ltd. (TIH.TO) was downgraded to B- from B on 3/1/2021 due to a decline in the total return index, valuation index and dividend index.
B
Buy 11/27/2020Upgraded
Toromont Industries Ltd. (TIH.TO) was upgraded to B from B- on 11/27/2020 due to an increase in the solvency index, dividend index and volatility index.
B
Buy 11/9/2020Downgrade
Toromont Industries Ltd. (TIH.TO) was downgraded to B- from B on 11/9/2020 due to a noticeable decline in the valuation index, dividend index and efficiency index.
B
Buy 6/24/2020Upgraded
Toromont Industries Ltd. (TIH.TO) was upgraded to B from B- on 6/24/2020 due to a large increase in the growth index, efficiency index and dividend index.
B
Buy 3/16/2020Downgrade
Toromont Industries Ltd. (TIH.TO) was downgraded to B- from B on 3/16/2020 due to a noticeable decline in the total return index and volatility index.
B
Buy 2/27/2020Upgraded
Toromont Industries Ltd. (TIH.TO) was upgraded to B from B- on 2/27/2020 due to an increase in the total return index, dividend index and solvency index.
B
Buy 2/12/2020Downgrade
Toromont Industries Ltd. (TIH.TO) was downgraded to B- from B on 2/12/2020 due to a major decline in the total return index, growth index and efficiency index.
B
Buy 5/7/2019Downgrade
Toromont Industries Ltd. (TIH.TO) was downgraded to B from B+ on 5/7/2019 due to a significant decline in the growth index and solvency index. Operating cash flow declined 180.19% from $131.01M to -$105.06M, EBIT declined 56.1% from $92.15M to $40.45M, and earnings per share declined from $0.7798 to $0.361.
B
Buy 4/1/2019Upgraded
Toromont Industries Ltd. (TIH.TO) was upgraded to B+ from B on 4/1/2019 due to a large increase in the total return index, growth index and efficiency index. Operating cash flow increased 163.11% from $49.79M to $131.01M, net income increased 22.4% from $52.55M to $64.33M, and earnings per share increased from $0.6426 to $0.7798.
B
Buy 12/13/2018Downgrade
Toromont Industries Ltd. (TIH.TO) was downgraded to B from B+ on 12/13/2018 due to a major decline in the total return index and volatility index.
B
Buy 11/6/2018Downgrade
Toromont Industries Ltd. (TIH.TO) was downgraded to B+ from A- on 11/6/2018 due to a noticeable decline in the growth index, total return index and solvency index. Operating cash flow declined 50.12% from $99.83M to $49.79M, the quick ratio declined from 0.77 to 0.69, and total revenue declined 7.57% from $744.97M to $688.59M.
A
Buy 10/30/2018Downgrade
Toromont Industries Ltd. (TIH.TO) was downgraded to A- from A on 10/30/2018 due to a decline in the total return index and volatility index.
A
Buy 10/15/2018Upgraded
Toromont Industries Ltd. (TIH.TO) was upgraded to A from B+ on 10/15/2018 due to an increase in the valuation index, volatility index and total return index.
B
Buy 10/2/2018Downgrade
Toromont Industries Ltd. (TIH.TO) was downgraded to B+ from A- on 10/2/2018 due to a decline in the valuation index.
A
Buy 9/24/2018Downgrade
Toromont Industries Ltd. (TIH.TO) was downgraded to A- from A on 9/24/2018 due to a decline in the valuation index.
A
Buy 9/7/2018Upgraded
Toromont Industries Ltd. (TIH.TO) was upgraded to A from A- on 9/7/2018 due to an increase in the valuation index.
A
Buy 8/31/2018Upgraded
Toromont Industries Ltd. (TIH.TO) was upgraded to A- from B+ on 8/31/2018 due to an increase in the volatility index.
B
Buy 8/6/2018Downgrade
Toromont Industries Ltd. (TIH.TO) was downgraded to B+ from A on 8/6/2018 due to a decline in the valuation index, total return index and dividend index.
A
Buy 7/26/2018Upgraded
Toromont Industries Ltd. (TIH.TO) was upgraded to A from B on 7/26/2018 due to a substantial increase in the total return index, volatility index and valuation index.
B
Buy 2/23/2018Upgraded
Toromont Industries Ltd. (TIH.TO) was upgraded to B from B- on 2/23/2018 due to a significant increase in the growth index, valuation index and total return index. Operating cash flow increased 702.22% from $24.98M to $200.41M, total revenue increased 38.91% from $466.16M to $647.53M, and EBIT increased 17.67% from $56.17M to $66.09M.
B
Buy 2/8/2018Downgrade
Toromont Industries Ltd. (TIH.TO) was downgraded to B- from B on 2/8/2018 due to a significant decline in the total return index, valuation index and dividend index.
B
Buy 1/30/2017Downgrade
Toromont Industries Ltd. (TIH.TO) was downgraded to B from B+ on 1/30/2017 due to a noticeable decline in the total return index and volatility index.
B
Buy 12/27/2016Upgraded
Toromont Industries Ltd. (TIH.TO) was upgraded to B+ from B on 12/27/2016 due to a noticeable increase in the total return index, volatility index and valuation index.
B
Buy 12/6/2016Downgrade
Toromont Industries Ltd. (TIH.TO) was downgraded to B from B+ on 12/6/2016 due to a decline in the valuation index and dividend index.
B
Buy 11/21/2016Upgraded
Toromont Industries Ltd. (TIH.TO) was upgraded to B+ from B on 11/21/2016 due to an increase in the volatility index, growth index and solvency index. Operating cash flow increased 834.05% from -$9.66M to $70.93M, earnings per share increased from $0.3803 to $0.4598, and the quick ratio increased from 0.94 to 1.06.
B
Buy 7/28/2016Upgraded
Toromont Industries Ltd. (TIH.TO) was upgraded to B from B- on 7/28/2016 due to a major increase in the growth index and solvency index. EBIT increased 72.14% from $24.42M to $42.04M, earnings per share increased from $0.2262 to $0.3803, and total revenue increased 43.85% from $275.56M to $396.38M.
B
Buy 5/12/2016Upgraded
Toromont Industries Ltd. (TIH.TO) was upgraded to B- from C+ on 5/12/2016 due to a major increase in the total return index, dividend index and growth index.
C
Hold 4/27/2016Downgrade
Toromont Industries Ltd. (TIH.TO) was downgraded to C+ from B on 4/27/2016 due to a large decline in the growth index, dividend index and valuation index. Operating cash flow declined 92.07% from $106.37M to $8.44M, EBIT declined 47.14% from $46.2M to $24.42M, and earnings per share declined from $0.427 to $0.2262.
B
Buy 4/19/2016Upgraded
Toromont Industries Ltd. (TIH.TO) was upgraded to B from B- on 4/19/2016 due to a noticeable increase in the total return index, solvency index and volatility index.
B
Buy 3/28/2016Downgrade
Toromont Industries Ltd. (TIH.TO) was downgraded to B- from B on 3/28/2016 due to a major decline in the growth index, valuation index and total return index. Total revenue declined 8.49% from $386.39M to $353.57M, EBIT declined 3.03% from $47.65M to $46.2M, and earnings per share declined from $0.4356 to $0.427.
B
Buy 2/8/2016Upgraded
Toromont Industries Ltd. (TIH.TO) was upgraded to B from B- on 2/8/2016 due to an increase in the valuation index, volatility index and dividend index.
B
Buy 1/21/2016Downgrade
Toromont Industries Ltd. (TIH.TO) was downgraded to B- from B on 1/21/2016 due to a large decline in the volatility index and solvency index.
B
Buy 12/4/2015Downgrade
Toromont Industries Ltd. (TIH.TO) was downgraded to B from B+ on 12/4/2015 due to a decline in the volatility index and total return index.
B
Buy 11/25/2015Downgrade
Toromont Industries Ltd. (TIH.TO) was downgraded to B+ from A- on 11/25/2015 due to a large decline in the volatility index, growth index and total return index. Operating cash flow declined 1,561.9% from $1.81M to -$26.45M, and total revenue declined 1.97% from $394.15M to $386.39M.
A
Buy 7/30/2015Upgraded
Toromont Industries Ltd. (TIH.TO) was upgraded to A- from B on 7/30/2015 due to a significant increase in the growth index, solvency index and valuation index. EBIT increased 81.27% from $23.2M to $42.06M, earnings per share increased from $0.2095 to $0.3742, and total revenue increased 43.79% from $274.11M to $394.15M.
B
Buy 4/24/2015Downgrade
Toromont Industries Ltd. (TIH.TO) was downgraded to B from B+ on 4/24/2015 due to a major decline in the growth index, solvency index and valuation index. Operating cash flow declined 96.52% from $98.92M to $3.44M, earnings per share declined from $0.5129 to $0.2095, and EBIT declined 57.61% from $54.73M to $23.2M.
B
Buy 3/26/2015Upgraded
Toromont Industries Ltd. (TIH.TO) was upgraded to B+ from B on 3/26/2015 due to an increase in the growth index, volatility index and valuation index. Earnings per share increased from $0.4684 to $0.5129, and EBIT increased 6.04% from $51.61M to $54.73M.
B
Buy 3/4/2015Downgrade
Toromont Industries Ltd. (TIH.TO) was downgraded to B from B+ on 3/4/2015 due to a decline in the valuation index and dividend index.
B
Buy 2/17/2015Upgraded
Toromont Industries Ltd. (TIH.TO) was upgraded to B+ from B on 2/17/2015 due to a major increase in the volatility index.
B
Buy 12/16/2014Upgraded
Toromont Industries Ltd. (TIH.TO) was upgraded to B from B- on 12/16/2014 due to an increase in the total return index, volatility index and solvency index. The quick ratio increased from 0.86 to 0.92.
B
Buy 10/13/2014Downgrade
Toromont Industries Ltd. (TIH.TO) was downgraded to B- from B on 10/13/2014 due to a large decline in the volatility index and total return index.
B
Buy 8/1/2014Downgrade
Toromont Industries Ltd. (TIH.TO) was downgraded to B from B+ on 8/1/2014 due to a large decline in the volatility index and efficiency index.
B
Buy 4/25/2014Downgrade
Toromont Industries Ltd. (TIH.TO) was downgraded to B+ from A- on 4/25/2014 due to a large decline in the growth index, solvency index and valuation index. Operating cash flow declined 97.63% from $97.84M to $2.32M, EBIT declined 48.37% from $45.58M to $23.53M, and earnings per share declined from $0.4139 to $0.2176.
A
Buy 3/28/2014Downgrade
Toromont Industries Ltd. (TIH.TO) was downgraded to A- from A on 3/28/2014 due to a substantial decline in the growth index, valuation index and solvency index. EBIT declined 23.77% from $59.79M to $45.58M, earnings per share declined from $0.5392 to $0.4139, and total revenue declined 19.09% from $479.79M to $388.22M.
A
Buy 3/4/2014Upgraded
Toromont Industries Ltd. (TIH.TO) was upgraded to A from A- on 3/4/2014 due to a noticeable increase in stability and solvency.
Weiss Ratings