Is Toromont Industries Ltd stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Toromont Industries Ltd pays dividends. Last time was Wednesday 2nd of October 2024 where the investors holding the stock on Friday 6th of September 2024 were paid $0.48 per share. Over the last 114 times between 1996 and 2024, Toromont Industries Ltd has paid $31.53 with an average of $0.28 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Toromont Industries Ltd 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was $64.24, you would have made a profit of $56.52 per share or 87.98%
Yes, the average daily trading liquidity for Toromont Industries Ltd is $110 514 thousand. You should therefore be able to get in and out of your positions relatively fast.
Toromont Industries Ltd has little of the business financed by loans. This puts the company at lower risk in periods of high inflation where borrowing costs usually go up. With a high cash flow to debt ratio of 1.87, the company's ability to pay off the debt is good. Toromont Industries Ltd has a good net profit margin of 11.38% and should have high tolerances against inflation.
We have calculated the inflation risk for Toromont Industries Ltd to be low [0.1 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.