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NYSE:TTC

Toro (TTC) Stock Price, News & Analysis

$87.03
+0.98 (+1.14%)
(As of 10/2/2024 ET)

About Toro Stock (NYSE:TTC)

Key Stats

Today's Range
$85.95
$87.10
50-Day Range
$81.81
$96.94
52-Week Range
$77.15
$102.00
Volume
1.00 million shs
Average Volume
891,798 shs
Market Capitalization
$8.93 billion
P/E Ratio
34.40
Dividend Yield
1.65%
Price Target
$93.33
Consensus Rating
Hold

Company Overview

The Toro Company designs, manufactures, markets, and sells professional turf maintenance equipment and services. It operates through two segments: Professional and Residential. The Professional segment offers turf and landscape equipment products, including sports fields and grounds mowing and maintenance equipment, golf course mowing and maintenance equipment, landscape contractor mowing equipment, landscape creation and renovation equipment, and other maintenance equipment; rental, specialty, and underground construction equipment, such as horizontal directional drills, walk and ride trenchers, stand-on skid steers, vacuum excavators, stump grinders, turf renovation products, asset locators, pipe rehabilitation solutions, materials handling equipment, and other after-market tools; and snow and ice management equipment, such as snowplows, as well as stand-on snow and ice removal equipment, such as snowplow, snow brush, and snow thrower attachments, salt and sand spreaders, and related parts and accessories for light and medium duty trucks, utility task vehicles, skid steers, and front-end loaders. This segment also provides irrigation and lighting products that consist of sprinkler heads, electric and hydraulic valves, controllers, computer irrigation central control systems, coupling systems, and ag-irrigation drip tape and hose products, as well as professionally installed landscape lighting products offered through distributors and landscape contractors. The Residential segment provides walk power mowers, zero-turn riding mowers, snow throwers, replacement parts, and home solution products that include grass and hedge trimmers, leaf blowers, blower-vacuums, chainsaws, string trimmers, hoses, and hose-end retail irrigation products. It sells its products through a network of distributors, dealers, mass retailers, hardware retailers, equipment rental centers, home centers, and online. The company was founded in 1914 and is headquartered in Bloomington, Minnesota.

Toro Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
58th Percentile Overall Score

TTC MarketRank™: 

Toro scored higher than 58% of companies evaluated by MarketBeat, and ranked 175th out of 293 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Toro has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Toro has only been the subject of 3 research reports in the past 90 days.

  • Read more about Toro's stock forecast and price target.
  • Earnings Growth

    Earnings for Toro are expected to grow by 10.34% in the coming year, from $4.16 to $4.59 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Toro is 34.40, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.78.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Toro is 34.40, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 16.39.

  • Price to Book Value per Share Ratio

    Toro has a P/B Ratio of 5.46. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Toro's valuation and earnings.
  • Percentage of Shares Shorted

    5.26% 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 5.9.
  • Change versus previous month

    Short interest in Toro has recently decreased by 16.98%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Toro pays a meaningful dividend of 1.66%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Toro has been increasing its dividend for 20 years.

  • Dividend Coverage

    The dividend payout ratio of Toro is 56.92%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Toro will have a dividend payout ratio of 31.37% next year. This indicates that Toro will be able to sustain or increase its dividend.

  • Read more about Toro's dividend.
  • Percentage of Shares Shorted

    5.26% 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 5.9.
  • Change versus previous month

    Short interest in Toro has recently decreased by 16.98%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Toro has a news sentiment score of 1.03. 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 higher news sentiment than the 0.60 average news sentiment score of Consumer Discretionary companies.
  • News Coverage This Week

    MarketBeat has tracked 13 news articles for Toro this week, compared to 4 articles on an average week.
  • Search Interest

    Only 4 people have searched for TTC on MarketBeat in the last 30 days. This is a decrease of -76% compared to the previous 30 days.
  • MarketBeat Follows

    7 people have added Toro to their MarketBeat watchlist in the last 30 days. This is an increase of 250% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

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

  • Percentage Held by Insiders

    Only 1.62% of the stock of Toro is held by insiders.

  • Percentage Held by Institutions

    87.95% of the stock of Toro is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Toro's insider trading history.

TTC Stock News Headlines

Investors Buy Large Volume of Toro Put Options (NYSE:TTC)
The #1 day to buy Walmart stock
These sheets tell you the exact day you should consider buying a stock… And the exact day you should consider selling it… All based on TEN YEARS of historic data and trends. For example, like January 6th through the 12th with Apple… It’s gone up every single year for the last decade. Or like May 26th through June 11th with LULU… Again - it’s gone up every single year for the last decade. Then there’s July 1st through the 21st with Walmart… What happened to WMT?
The Toro Company (TTC) Q3 2024 Earnings Call Transcript
Why Toro Shares Are Down This Week
See More Headlines

TTC Stock Analysis - Frequently Asked Questions

Toro's stock was trading at $95.99 at the beginning of the year. Since then, TTC stock has decreased by 9.3% and is now trading at $87.03.
View the best growth stocks for 2024 here
.

The Toro Company (NYSE:TTC) released its quarterly earnings results on Thursday, September, 5th. The company reported $1.18 EPS for the quarter, missing the consensus estimate of $1.23 by $0.05. The business's quarterly revenue was up 6.9% compared to the same quarter last year.

Shares of Toro split on the morning of Monday, September 19th 2016. The 2-1 split was announced on Thursday, August 18th 2016. The newly issued shares were issued to shareholders after the closing bell on Friday, September 16th 2016. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Toro's top institutional investors include JLB & Associates Inc. (0.18%). Insiders that own company stock include Katherine J Harless, Blake M Grams, Gary Lee Ellis, Richard W Rodier, Amy E Dahl, Richard M Olson, Renee J Peterson, Kurt D Svendsen, Peter D Moeller, Daryn A Walters, Angela C Drake, Gregory S Janey, Edric C Funk, Kevin N Carpenter and Janet Katherine Cooper.
View institutional ownership trends
.

Shares of TTC 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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Toro investors own include Visa (V), Walt Disney (DIS), Johnson & Johnson (JNJ), NIKE (NKE), UnitedHealth Group (UNH), Alibaba Group (BABA) and Sherwin-Williams (SHW).

Company Calendar

Last Earnings
9/05/2024
Ex-Dividend for 10/11 Dividend
9/30/2024
Today
10/03/2024
Dividend Payable
10/11/2024
Fiscal Year End
10/31/2024
Next Earnings (Estimated)
12/18/2024

Industry, Sector and Symbol

Industry
Lawn & garden equipment
Sub-Industry
Construction & Farm Machinery & Heavy Trucks
CUSIP
89109210
Employees
10,706
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$93.33
High Stock Price Target
$100.00
Low Stock Price Target
$88.00
Potential Upside/Downside
+7.2%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
$329.70 million
Pretax Margin
10.92%

Debt

Sales & Book Value

Annual Sales
$4.55 billion
Cash Flow
$5.44 per share
Book Value
$15.95 per share

Miscellaneous

Free Float
102,191,000
Market Cap
$8.93 billion
Optionable
Optionable
Beta
0.69

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This page (NYSE:TTC) was last updated on 10/3/2024 by MarketBeat.com Staff
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