What is Northland Capmk's Forecast for Toro FY2026 Earnings?

Key Points

• Northland Capmk has raised its FY2026 earnings estimate for Toro Company, now projecting earnings per share of $4.74, up from $4.66, while maintaining a "Hold" rating on the stock.
• Toro's latest quarterly earnings report showed a net income of $1.24 per share, exceeding expectations, though revenues declined 2.2% year-over-year to $1.13 billion.
• Multiple brokerages have issued conflicting ratings on Toro's stock, with a current consensus rating of "Moderate Buy" and an average price target of $92.60.

Toro Company (The) (NYSE:TTC - Free Report) - Stock analysts at Northland Capmk lifted their FY2026 earnings estimates for shares of Toro in a research report issued to clients and investors on Tuesday, September 9th. Northland Capmk analyst E. Jackson now expects that the company will post earnings per share of $4.74 for the year, up from their prior estimate of $4.66. Northland Capmk has a "Hold" rating on the stock. The consensus estimate for Toro's current full-year earnings is $4.41 per share.

Toro (NYSE:TTC - Get Free Report) last posted its quarterly earnings data on Thursday, September 4th. The company reported $1.24 earnings per share for the quarter, beating analysts' consensus estimates of $1.22 by $0.02. Toro had a net margin of 7.37% and a return on equity of 28.98%. The company had revenue of $1.13 billion during the quarter, compared to analysts' expectations of $1.16 billion. During the same period in the prior year, the company posted $1.18 EPS. The firm's revenue for the quarter was down 2.2% on a year-over-year basis. Toro has set its FY 2025 guidance at 4.150-4.150 EPS.

A number of other brokerages have also issued reports on TTC. Longbow Research upgraded shares of Toro from a "neutral" rating to a "buy" rating and set a $100.00 target price on the stock in a research note on Monday, August 25th. DA Davidson raised their target price on Toro from $93.00 to $97.00 and gave the company a "buy" rating in a research report on Friday, September 5th. Northland Securities boosted their price target on Toro from $80.00 to $90.00 and gave the stock a "market perform" rating in a research report on Tuesday. Raymond James Financial decreased their price target on Toro from $95.00 to $90.00 and set an "outperform" rating for the company in a research note on Friday, June 6th. Finally, Robert W. Baird lifted their price objective on shares of Toro from $82.00 to $86.00 and gave the company a "neutral" rating in a research note on Friday, September 5th. Three equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $92.60.

Toro Price Performance

Shares of NYSE TTC opened at $78.58 on Thursday. The company has a quick ratio of 0.79, a current ratio of 1.88 and a debt-to-equity ratio of 0.72. The business has a 50 day moving average price of $76.49 and a two-hundred day moving average price of $73.62. The firm has a market cap of $7.69 billion, a PE ratio of 23.81 and a beta of 0.80. Toro has a fifty-two week low of $62.34 and a fifty-two week high of $89.50.

Insiders Place Their Bets

In other Toro news, VP Kurt D. Svendsen sold 6,000 shares of the business's stock in a transaction dated Thursday, June 26th. The stock was sold at an average price of $70.99, for a total transaction of $425,940.00. Following the sale, the vice president owned 11,646 shares in the company, valued at approximately $826,749.54. The trade was a 34.00% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.39% of the company's stock.

Institutional Trading of Toro

A number of hedge funds have recently modified their holdings of TTC. EverSource Wealth Advisors LLC lifted its stake in Toro by 597.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,095 shares of the company's stock worth $289,000 after acquiring an additional 3,508 shares in the last quarter. Russell Investments Group Ltd. lifted its position in Toro by 17.6% in the 2nd quarter. Russell Investments Group Ltd. now owns 112,835 shares of the company's stock worth $7,975,000 after buying an additional 16,854 shares in the last quarter. Willis Investment Counsel boosted its stake in shares of Toro by 93.9% during the 2nd quarter. Willis Investment Counsel now owns 17,145 shares of the company's stock valued at $1,212,000 after buying an additional 8,302 shares during the period. MTM Investment Management LLC purchased a new position in shares of Toro during the 2nd quarter valued at $85,000. Finally, SG Americas Securities LLC increased its stake in shares of Toro by 124.1% in the second quarter. SG Americas Securities LLC now owns 7,154 shares of the company's stock worth $506,000 after acquiring an additional 3,962 shares during the last quarter. Hedge funds and other institutional investors own 87.95% of the company's stock.

About Toro

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.

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