Brokers Set Expectations for Toro's Q3 Earnings (NYSE:TTC)

The Toro Company (NYSE:TTC - Free Report) - Equities researchers at DA Davidson issued their Q3 2025 EPS estimates for Toro in a research note issued on Tuesday, June 10th. DA Davidson analyst M. Shlisky forecasts that the company will post earnings of $1.22 per share for the quarter. DA Davidson currently has a "Neutral" rating and a $76.00 target price 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.

Toro (NYSE:TTC - Get Free Report) last released its quarterly 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. The firm had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.35 billion. Toro had a return on equity of 27.25% and a net margin of 9.14%. The business's revenue was down 2.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.40 EPS.

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

Toro Trading Down 1.1%

TTC stock traded down $0.78 during trading on Wednesday, hitting $69.91. The company had a trading volume of 276,426 shares, compared to its average volume of 941,940. The stock has a market cap of $6.90 billion, a PE ratio of 17.43 and a beta of 0.83. The business has a 50-day moving average of $71.09 and a 200-day moving average of $77.16. The company has a current ratio of 1.81, a quick ratio of 0.74 and a debt-to-equity ratio of 0.59. Toro has a one year low of $62.34 and a one year high of $100.93.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. True Wealth Design LLC grew its stake in Toro by 127.2% in the fourth quarter. True Wealth Design LLC now owns 368 shares of the company's stock valued at $29,000 after acquiring an additional 206 shares during the period. Asset Planning Inc acquired a new stake in Toro in the 4th quarter valued at $31,000. Brooklyn Investment Group grew its position in Toro by 94.1% in the 1st quarter. Brooklyn Investment Group now owns 495 shares of the company's stock valued at $36,000 after purchasing an additional 240 shares during the period. Financial Harvest LLC bought a new stake in Toro during the 1st quarter valued at $42,000. Finally, CIBC Private Wealth Group LLC raised its holdings in Toro by 30.2% during the fourth quarter. CIBC Private Wealth Group LLC now owns 547 shares of the company's stock worth $43,000 after buying an additional 127 shares during the last quarter. 87.95% of the stock is owned by institutional investors and hedge funds.

Toro Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, July 11th. Investors of record on Tuesday, June 17th will be given a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 2.17%. The ex-dividend date of this dividend is Tuesday, June 17th. Toro's payout ratio is 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.