What is DA Davidson's Estimate for Toro Q3 Earnings?

The Toro Company (NYSE:TTC - Free Report) - Equities researchers at DA Davidson issued their Q3 2025 earnings estimates for shares of Toro in a research note issued on Tuesday, June 10th. DA Davidson analyst M. Shlisky anticipates that the company will earn $1.22 per share for the quarter. DA Davidson has a "Neutral" rating and a $76.00 price objective on the stock. The consensus estimate for Toro's current full-year earnings is $4.41 per share. DA Davidson also issued estimates for Toro's FY2025 earnings at $4.23 EPS and FY2026 earnings at $4.63 EPS.

A number of other equities analysts also recently commented on the stock. Northland Securities reaffirmed a "market perform" rating and set a $80.00 target price (down from $100.00) on shares of Toro in a research note on Friday, June 6th. Wall Street Zen downgraded shares of Toro from a "buy" rating to a "hold" rating in a research report on Tuesday, March 18th. Northland Capmk downgraded shares of Toro from a "strong-buy" rating to a "hold" rating in a research report on Friday, June 6th. Robert W. Baird raised their price target on shares of Toro from $84.00 to $85.00 and gave the stock a "neutral" rating in a research note on Tuesday, June 3rd. Finally, Raymond James cut their price target on shares of Toro from $95.00 to $90.00 and set an "outperform" rating on the stock in a report on Friday, June 6th. Five research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $82.75.

Toro Stock Performance

TTC stock traded down $2.48 during midday trading on Wednesday, hitting $67.27. 1,006,896 shares of the stock traded hands, compared to its average volume of 935,481. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.81 and a quick ratio of 0.74. The firm has a market cap of $6.64 billion, a P/E ratio of 16.78 and a beta of 0.83. Toro has a 1-year low of $62.34 and a 1-year high of $100.93. The stock's fifty day simple moving average is $71.28 and its 200-day simple moving average is $76.84.

Toro (NYSE:TTC - Get Free Report) last posted its earnings results on Thursday, June 5th. The company reported $1.42 EPS for the quarter, beating analysts' consensus estimates of $1.40 by $0.02. Toro had a net margin of 9.14% and a return on equity of 27.25%. The company had revenue of $1.32 billion during the quarter, compared to analysts' expectations of $1.35 billion. During the same quarter in the prior year, the company posted $1.40 earnings per share. Toro's revenue for the quarter was down 2.3% compared to the same quarter last year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Lowe Brockenbrough & Co. Inc. grew its position in Toro by 1.1% in the fourth quarter. Lowe Brockenbrough & Co. Inc. now owns 11,473 shares of the company's stock valued at $923,000 after acquiring an additional 127 shares during the period. CIBC Private Wealth Group LLC lifted its stake in Toro by 30.2% in the fourth quarter. CIBC Private Wealth Group LLC now owns 547 shares of the company's stock valued at $43,000 after buying an additional 127 shares during the period. Savant Capital LLC raised its position in shares of Toro by 5.0% during the fourth quarter. Savant Capital LLC now owns 3,293 shares of the company's stock worth $264,000 after purchasing an additional 158 shares during the period. CIBC Asset Management Inc grew its holdings in shares of Toro by 5.4% during the fourth quarter. CIBC Asset Management Inc now owns 3,216 shares of the company's stock worth $258,000 after buying an additional 164 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. boosted its stake in shares of Toro by 1.2% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 14,199 shares of the company's stock worth $1,033,000 after acquiring an additional 173 shares during the period. 87.95% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Gary Lee Ellis sold 5,038 shares of the company's stock in a transaction that occurred on Wednesday, June 11th. The stock was sold at an average price of $70.81, for a total transaction of $356,740.78. Following the completion of the transaction, the director now directly owns 34,062 shares in the company, valued at $2,411,930.22. The trade was a 12.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.39% of the stock is currently owned by company insiders.

Toro Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 11th. Shareholders of record on Tuesday, June 17th will be given a $0.38 dividend. This represents a $1.52 annualized dividend and a yield of 2.26%. The ex-dividend date of this dividend is Tuesday, June 17th. Toro's dividend payout ratio (DPR) is presently 38.97%.

Toro Company Profile

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.