Toro (TORO) Stock Price, News & Analysis

Company Overview

Toro Corp., a shipping company, acquires, owns, charters, and operates oceangoing tanker vessels and provides seaborne transportation services for crude oil LPG, and refined petroleum products worldwide. The company operates in three segments: Aframax/LR2 Tanker, Handysize Tanker, and LPG Carrier. As of December 31, 2023, it operated a fleet of one Handysize tanker vessel; one Aframax/LR2 vessel; and four LPG carrier vessels with an aggregate cargo carrying capacity of 0.1 million deadweight ton. Toro Corp. was incorporated in 2022 and is based in Limassol, Cyprus.

Key Stats

• Today's Range: $3.40 to $3.47
• 50-Day Range: $3.28 to $3.86
• 52-Week Range: $3.00 to $6.45
• Volume: 20,726 shs
• Average Volume: 38,549 shs
• Market Capitalization: $64.53 million
• P/E Ratio: 1.22
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Toro Stock Analysis - MarketRank™

Toro scored higher than 25% of companies evaluated by MarketBeat, and ranked 117th out of 131 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Toro.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Toro is 1.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.34.

Price to Earnings Ratio vs. Sector

The P/E ratio of Toro is 1.22, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 21.88.

Price to Book Value per Share Ratio

Toro has a P/B Ratio of 0.37. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.38% of the float of Toro has been sold short.

Short Interest Ratio / Days to Cover

Toro has a short interest ratio ("days to cover") of 1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Toro has recently increased by 311.25%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Toro does not currently pay a dividend.

Dividend Growth

Toro does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.38% of the float of Toro has been sold short.

Short Interest Ratio / Days to Cover

Toro has a short interest ratio ("days to cover") of 1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Toro has recently increased by 311.25%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 0.39

News Sentiment

Toro has a news sentiment score of 0.39. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.62 average news sentiment score of Transportation companies.

News Coverage This Week

MarketBeat has tracked 9 news articles for Toro this week, compared to 5 articles on an average week.

Search Interest

1 people have searched for TORO on MarketBeat in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Toro insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 1.74% of the stock of Toro is held by institutions.

TORO Stock Analysis - Frequently Asked Questions

How have TORO shares performed this year?

Toro's stock was trading at $4.92 at the start of the year. Since then, TORO shares have decreased by 30.9% and is now trading at $3.40.
View the best growth stocks for 2024 here.

Who are Toro's major shareholders?

Top institutional investors of Toro include Acadian Asset Management LLC (0.54%) and Renaissance Technologies LLC (0.41%).

How do I buy shares of Toro?

Shares of TORO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Today: 9/28/2024
• Next Earnings (Estimated): 11/14/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Transportation
• Industry: Deep sea foreign transportation of freight
• Sub-Industry: Transportation
• Current Symbol: NASDAQ:TORO
• CUSIP: N/A
• CIK: 1941131
• Web: www.torocorp.com
• Phone: 357-2535-7768
• Fax: 357-2535-7796
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $2.78
• Trailing P/E Ratio: 1.22
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $140.64 million
• Net Margins: 247.75%
• Pretax Margin: 179.67%
• Return on Equity: 37.32%
• Return on Assets: 21.72%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 34.24
• Quick Ratio: 34.20

Sales & Book Value

• Annual Sales: $78.47 million
• Price / Sales: 0.82
• Cash Flow: $3.70 per share
• Price / Cash Flow: 0.92
• Book Value: $9.31 per share
• Price / Book: 0.37

Miscellaneous

• Outstanding Shares: 18,980,000
• Free Float: N/A
• Market Cap: $64.53 million
• Optionable: Not Optionable
• Beta: 1.98