Toromont Industries
Toronto symbol TIH, is one of the world's largest Caterpillar dealerships. It also makes compression systems for natural gas, fuel gas and carbon dioxide in addition to process systems and industrial and recreational refrigeration systems.
TOROMONT INDUSTRIES LTD. $20.01 (Toronto symbol TIH; TSINetwork Rating: Extra Risk) (416-667-5511; www.toromont.com; Shares outstanding: 77.2 million; Market cap: $1.5 billion; Dividend yield: 2.2%) distributes a broad range of industrial equipment, including machinery made by Caterpillar Inc. Toromont also makes refrigeration systems through its CIMCO division.
In July 2011, Toromont completed the spinoff of Enerflex Ltd.. Shareholders received shares of the …read more »
RUSSEL METALS $21.53 (Toronto symbol RUS; TSINetwork Rating: Speculative) (905-819-7777; www.russelmetals.com; Shares outstanding: 67.0 million; Market cap: $1.3 billion; Dividend yield: 5.6%) is one of North America’s largest metal distributors. The company serves its roughly 30,000 customers through a network of 50 locations in Canada and 12 in the U.S.
In the three months ended June 30, 2011, Russel’s earnings per …read more »
Toromont Industries Ltd., symbol TIH on Toronto, is a distributor of a broad range of Caterpillar and industrial equipment. As well, its CIMCO division makes refrigeration systems.
Toromont is one of the growth stocks we analyze in Stock Pickers Digest.
In the three months ended June 30, 2011, this Canadian stock pick’s revenue rose 9.3% to $344.6 million from $315.3 million …read more »
TOROMONT INDUSTRIES LTD. $18.99 (Toronto symbol TIH; TSINetwork Rating: Extra Risk) (416-667-5511; www.toromont.com; Shares outstanding: 76.4 million; Market cap: $1.5 billion; Dividend yield: n/a) has completed its spinoff of ENERFLEX LTD., $13.49 (Toronto symbol EFX; TSINetwork Rating: Extra Risk) (403-387-6377; www.enerflex.com; Shares outstanding: 76.4 million; Market cap: $1.0 billion; Dividend yield: n/a).
Toromont shareholders received shares of the new Toromont and …read more »
Toromont Industries Ltd., $30.60, symbol TIH on Toronto, operates two divisions: the equipment group distributes a broad range of Caterpillar and industrial equipment; the compression group builds natural-gas compression units.
In the three months ended March 31, 2011, the Canadian stock pick’s revenue jumped 38.3% to $588.0 million from $425.3 million a year earlier. Enerflex Systems, which Toromont bought for …read more »
TOROMONT INDUSTRIES LTD. $29.84 (Toronto symbol TIH; SI Rating: Extra Risk) (416-667-5511; www.toromont.com; Shares outstanding: 76.9 million; Market cap: $2.3 billion; Dividend yield: 2.1%) plans to break itself up into two publicly traded companies: Toromont, a distributor of Caterpillar and industrial equipment; and Enerflex, a supplier of natural-gas production and processing equipment.
Under the proposed breakup, Enerflex will apply for its …read more »
FORTRESS PAPER $34.90 (Toronto symbol FTP; SI Rating: Extra Risk) (1-888-820-3888; www.fortresspaper.com; Shares outstanding: 12.1 million; Market cap: $423.9 million; No dividends paid) operates a plant in Switzerland that makes security paper used in banknotes, passports and visas. The company’s German plant makes high-quality wallpaper-base products.
In April 2010, Fortress bought an idled pulp plant in Thurso, Quebec, for $3 million. …read more »
RUSSEL METALS $23.07 (Toronto symbol RUS; SI Rating: Speculative) (905-819-7777; www.russelmetals.com; Shares outstanding: 59.7 million; Market cap: $871.6 million) is one of North America’s largest metal distributors. Russel serves its roughly 18,000 customers through a network of 58 Canadian and 12 U.S. locations.
In the three months ended March 31, 2009, Russel reported a loss of $55 million, or $0.92 a …read more »
TOROMONT INDUSTRIES LTD. $20.51 (Toronto symbol TIH; SI Rating: Extra Risk) (416-667-5511; www.toromont.com; Shares outstanding: 64.6 million; Market cap: $1.3 billion) operates in two business segments: the equipment group and the compression group.
The equipment group’s Caterpillar dealership, which covers Ontario, Manitoba, Newfoundland, and most of Labrador and Nunavut, is one of the world’s largest. It also includes rental operations. Also …read more »
TOROMONT INDUSTRIES LTD. $31 (Toronto symbol TIH; SI Rating: Extra Risk) (416-667-5511; www.toromont.com; Shares outstanding: 65.1 million; Market cap: $2.0 billion) operates in two business segments: the Equipment Group and the Compression Group.
The Equipment Group includes one of the world’s largest Caterpillar dealerships by revenue and geographic territory in addition to rental operations. Also part of this group is Toromont …read more »
