The Toro Company manufactures and markets turf maintenance equipment and services, turf irrigation systems, landscaping equipment and lighting products, snow and ice management products, agricultural micro-irrigation systems, and residential yard and snow thrower products worldwide. Its Professional segment offers turf and landscape equipment products, such as sports fields and grounds maintenance equipment, golf course mowing and maintenance equipment, landscape contractor mowing equipment, landscape creation and renovation equipment, rental and construction equipment, and other maintenance equipment; snowplows, salt and sand spreaders, and related parts and accessories; and sprinkler heads, electric and hydraulic valves, controllers, computer irrigation central control systems, and micro-irrigation drip tape and hose products, as well as professionally installed lighting products. This segment markets its products to professional users engaged in maintaining golf courses, sports fields, municipal properties, agricultural fields, residential and commercial landscapes, and removing snow through a network of distributors and dealers, as well as directly to government customers, rental companies, and retailers. The company's Residential segment provides walk power mowers, riding mowers, snow throwers, replacement parts, and home solutions products, including trimmers, blowers, blower-vacuums, and underground and hose-end retail irrigation products. This segment sells its products to homeowners through a network of distributors and dealers; and an array of home centers, hardware retailers, and mass retailers, as well as through the Internet. The Toro Company was founded in 1914 and is headquartered in Bloomington, Minnesota.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Lawn & garden equipment
Sub-IndustryConstruction & Farm Machinery & Heavy Trucks
SectorConsumer Discretionary
Current SymbolNYSE:TTC
Previous Symbol
CUSIP89109210
Phone952-888-8801
Debt
Debt-to-Equity Ratio0.48
Current Ratio1.71
Quick Ratio0.99
Price-To-Earnings
Trailing P/E Ratio25.62
Forward P/E Ratio22.96
P/E GrowthN/A
Sales & Book Value
Annual Sales$2.51 billion
Price / Sales2.59
Cash Flow$3.0875 per share
Price / Cash20.00
Book Value$5.73 per share
Price / Book10.78
Profitability
EPS (Most Recent Fiscal Year)$2.41
Net Income$267.71 million
Net Margins10.39%
Return on Equity46.89%
Return on Assets18.75%
Miscellaneous
Employees6,853
Outstanding Shares105,190,000
Market Cap$6.50 billion
OptionableOptionable
Toro (NYSE:TTC) Frequently Asked Questions
What is Toro's stock symbol?
Toro trades on the New York Stock Exchange (NYSE) under the ticker symbol "TTC."
How often does Toro pay dividends? What is the dividend yield for Toro?
Toro announced a quarterly dividend on Tuesday, September 18th. Investors of record on Wednesday, October 3rd will be paid a dividend of $0.20 per share on Wednesday, October 17th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.30%. The ex-dividend date is Tuesday, October 2nd. View Toro's Dividend History.
When did Toro's stock split? How did Toro's stock split work?
Toro's stock 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 payable to shareholders after the closing bell on Friday, September 16th 2016. An investor that had 100 shares of Toro stock prior to the split would have 200 shares after the split.
How were Toro's earnings last quarter?
Toro Co (NYSE:TTC) posted its quarterly earnings results on Thursday, August, 23rd. The company reported $0.68 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.66 by $0.02. The firm had revenue of $655.80 million for the quarter, compared to analyst estimates of $664.75 million. Toro had a net margin of 10.39% and a return on equity of 46.89%. Toro's quarterly revenue was up 4.4% on a year-over-year basis. During the same quarter last year, the business earned $0.61 earnings per share. View Toro's Earnings History.
When is Toro's next earnings date?
How can I listen to Toro's earnings call?
Toro will be holding an earnings conference call on Thursday, December 6th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.
What guidance has Toro issued on next quarter's earnings?
Toro issued an update on its FY18 earnings guidance on Thursday, August, 23rd. The company provided EPS guidance of $2.66-2.69 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.71. The company issued revenue guidance of +4% to ~$2.64 billion, compared to the consensus revenue estimate of $2.61 billion.
What price target have analysts set for TTC?
2 Wall Street analysts have issued 12-month price objectives for Toro's stock. Their forecasts range from $70.00 to $70.00. On average, they expect Toro's share price to reach $70.00 in the next year. This suggests a possible upside of 13.4% from the stock's current price. View Analyst Price Targets for Toro.
What is the consensus analysts' recommendation for Toro?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Toro in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Toro.
Has Toro been receiving favorable news coverage?
Media stories about TTC stock have been trending neutral on Sunday, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Toro earned a news sentiment score of 0.2 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days.
Who are some of Toro's key competitors?
Some companies that are related to Toro include Electronic Arts (EA), Royal Caribbean Cruises (RCL), Panasonic (PCRFY), Toshiba (TOSYY), Hilton Hotels (HLT), CBS (CBS), CBS (CBS.A), Liberty Global (LBTYB), UNICHARM Corp/S (UNICY), Liberty Global (LBTYA), Liberty Global (LBTYK), Lululemon Athletica (LULU), Discovery Communications (DISCA), DISH Network (DISH) and Liberty Broadband Corp Series A (LBRDA).
Who are Toro's key executives?
Toro's management team includes the folowing people:
- Mr. Richard M. Olson, Chairman, Pres & CEO (Age 54)
- Ms. Renee J. Peterson, VP, Treasurer, CFO & Principal Accounting Officer (Age 56)
- Mr. Timothy P. Dordell, VP, Gen. Counsel and Sec. (Age 56)
- Mr. William E. Brown Jr., Group VP of Residential & Contractor Bus.es (Age 57)
- Mr. Blake M. Grams, VP of Global Operations (Age 51)
Who are Toro's major shareholders?
Toro's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.98%), JPMorgan Chase & Co. (4.03%), Neuberger Berman Group LLC (2.75%), Select Equity Group L.P. (2.69%), Pictet Asset Management Ltd. (2.15%) and Bank of New York Mellon Corp (1.61%). Company insiders that own Toro stock include Amy E Dahl, Blake M Grams, Bradley A Hamilton, Christopher A Twomey, D Mark Appleby, Darren L Redetzke, David H Alkire, Donato Fuoco, Douglas Melville Flett, Gary Lee Ellis, James Calvin O'rourke, Janet Katherine Cooper, Katherine J Harless, Kurt D Svendsen, Michael J Hoffman, Palisade Global Investments Lt, Philip A Burkart, Renee J Peterson, Richard W Rodier, Robert C Buhrmaster, Thomas J Larson, Timothy P Dordell and William E Brown Jr. View Institutional Ownership Trends for Toro.
Which institutional investors are selling Toro stock?
TTC stock was sold by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Prudential Financial Inc., MERIAN GLOBAL INVESTORS UK Ltd, Bank of New York Mellon Corp, Pictet Asset Management Ltd., First Quadrant L P CA, Neuberger Berman Group LLC and Cobiz Wealth LLC. Company insiders that have sold Toro company stock in the last year include Amy E Dahl, Blake M Grams, Bradley A Hamilton, Christopher A Twomey, Darren L Redetzke, David H Alkire, Gary Lee Ellis, Janet Katherine Cooper, Katherine J Harless, Kurt D Svendsen, Philip A Burkart, Richard W Rodier, Timothy P Dordell and William E Brown Jr. View Insider Buying and Selling for Toro.
Which institutional investors are buying Toro stock?
TTC stock was purchased by a variety of institutional investors in the last quarter, including Select Equity Group L.P., King Luther Capital Management Corp, Wells Fargo & Company MN, JPMorgan Chase & Co., Renaissance Technologies LLC, Man Group plc, Dimensional Fund Advisors LP and Cambiar Investors LLC. Company insiders that have bought Toro stock in the last two years include D Mark Appleby, Douglas Melville Flett and Palisade Global Investments Lt. View Insider Buying and Selling for Toro.
How do I buy shares of Toro?
Shares of TTC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Toro's stock price today?
One share of TTC stock can currently be purchased for approximately $61.75.
How big of a company is Toro?
Toro has a market capitalization of $6.50 billion and generates $2.51 billion in revenue each year. The company earns $267.71 million in net income (profit) each year or $2.41 on an earnings per share basis. Toro employs 6,853 workers across the globe.
What is Toro's official website?
How can I contact Toro?
Toro's mailing address is 8111 Lyndale Avenue South, Bloomington MN, 55420. The company can be reached via phone at 952-888-8801 or via email at [email protected]
MarketBeat Community Rating for Toro (NYSE TTC)
MarketBeat's community ratings are surveys of what our community members think about Toro and other stocks. Vote "Outperform" if you believe TTC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TTC will underperform the S&P 500 over the long term. You may vote once every thirty days.
