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S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
Closing prices for crude oil, gold and other commodities
Pipeline break spills 45,000 gallons of diesel in Wyoming
Sinema took Wall Street money while killing tax on investors
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
In Biden's big bill: Climate, health care, deficit reduction
The Day of Financial Reckoning Is Near (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
Closing prices for crude oil, gold and other commodities
Pipeline break spills 45,000 gallons of diesel in Wyoming
Sinema took Wall Street money while killing tax on investors
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
In Biden's big bill: Climate, health care, deficit reduction
The Day of Financial Reckoning Is Near (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
Closing prices for crude oil, gold and other commodities
Pipeline break spills 45,000 gallons of diesel in Wyoming
Sinema took Wall Street money while killing tax on investors
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
In Biden's big bill: Climate, health care, deficit reduction
The Day of Financial Reckoning Is Near (Ad)
NYSE:TTC

Toro - TTC Stock Forecast, Price & News

$90.89
+1.80 (+2.02%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$88.64
$90.91
50-Day Range
$73.83
$90.89
52-Week Range
$71.86
$114.78
Volume
216,657 shs
Average Volume
290,047 shs
Market Capitalization
$9.50 billion
P/E Ratio
27.13
Dividend Yield
1.35%
Price Target
$89.50

Toro MarketRank™ Forecast

Analyst Rating
Hold
1.50 Rating Score
Upside/​Downside
1.5% Downside
$89.50 Price Target
Short Interest
Bearish
2.42% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.15mentions of Toro in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$1.86 M Sold Last Quarter
Proj. Earnings Growth
19.51%
From $4.10 to $4.90 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.02 out of 5 stars

Consumer Discretionary Sector

213th out of 289 stocks

Lawn & Garden Equipment Industry

1st out of 1 stocks

TTC stock logo

About Toro (NYSE:TTC) Stock

The Toro Company engages in the designing, manufacturing, marketing, and selling professional and residential equipment worldwide. The company's 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; and snow and ice management equipment, such as snowplows, brush, snow thrower attachment, salt and sand spreaders, and related parts and accessories for light and medium duty trucks, utility task vehicles, skid steers, and front-end loaders. It 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. This segment sells its products primarily through a network of distributors and dealers to professional users engaged in maintaining golf courses, sports fields, municipal properties, agricultural fields, residential and commercial landscapes, and removing snow and ice, as well as directly to government customers, rental companies, and retailers. Its 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. This segment sells its products to homeowners through a network of distributors and dealers; and home centers, hardware retailers, and mass retailers, as well as online. The Toro Company was founded in 1914 and is headquartered in Bloomington, Minnesota.

Analyst Upgrades and Downgrades

TTC has been the subject of several recent analyst reports. Robert W. Baird lowered their price target on Toro from $108.00 to $94.00 and set a "neutral" rating for the company in a research report on Tuesday, May 31st. StockNews.com downgraded Toro from a "buy" rating to a "hold" rating in a research note on Saturday, July 16th.

Toro Price Performance

Shares of TTC traded up $1.80 during mid-day trading on Friday, hitting $90.89. 216,657 shares of the stock were exchanged, compared to its average volume of 290,047. The company has a market cap of $9.50 billion, a PE ratio of 27.13 and a beta of 0.77. Toro has a 52-week low of $71.86 and a 52-week high of $114.78. The firm has a 50-day moving average of $81.37 and a two-hundred day moving average of $85.01. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.70 and a current ratio of 1.50.

Toro (NYSE:TTC - Get Rating) last announced its quarterly earnings data on Thursday, June 2nd. The company reported $1.25 EPS for the quarter, missing the consensus estimate of $1.29 by ($0.04). The business had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.27 billion. Toro had a net margin of 8.67% and a return on equity of 30.52%. The business's revenue was up 8.6% compared to the same quarter last year. During the same period last year, the company earned $1.29 EPS. On average, equities analysts predict that Toro will post 4.1 earnings per share for the current year.

Toro Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 13th. Stockholders of record on Wednesday, June 22nd were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.32%. The ex-dividend date of this dividend was Tuesday, June 21st. Toro's payout ratio is 35.82%.

Insider Transactions at Toro

In other news, CEO Richard M. Olson sold 12,600 shares of the stock in a transaction on Thursday, June 30th. The stock was sold at an average price of $76.33, for a total transaction of $961,758.00. Following the transaction, the chief executive officer now owns 9,575 shares of the company's stock, valued at approximately $730,859.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other Toro news, VP Richard W. Rodier sold 4,000 shares of the stock in a transaction dated Wednesday, June 15th. The stock was sold at an average price of $79.30, for a total value of $317,200.00. Following the completion of the sale, the vice president now directly owns 23,696 shares in the company, valued at $1,879,092.80. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Richard M. Olson sold 12,600 shares of the stock in a transaction dated Thursday, June 30th. The shares were sold at an average price of $76.33, for a total value of $961,758.00. Following the completion of the sale, the chief executive officer now owns 9,575 shares of the company's stock, valued at $730,859.75. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 23,462 shares of company stock valued at $1,856,537. 2.10% of the stock is currently owned by corporate insiders.

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TTC Stock News Headlines

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TTC Company Calendar

Last Earnings
6/02/2022
Ex-Dividend for 7/13 Dividend
6/21/2022
Dividend Payable
7/13/2022
Today
8/13/2022
Next Earnings (Confirmed)
9/01/2022
Fiscal Year End
10/31/2022

Industry, Sector and Symbol

Industry
Lawn & garden equipment
Sub-Industry
Construction & Farm Machinery & Heavy Trucks
CUSIP
89109210
Employees
9,520
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$89.50
High Stock Price Forecast
$94.00
Low Stock Price Forecast
$85.00
Forecasted Upside/Downside
-1.5%
Consensus Rating
Hold
Rating Score (0-4)
1.50
Research Coverage
2 Analysts

Profitability

Net Income
$409.88 million
Pretax Margin
10.65%

Debt

Sales & Book Value

Annual Sales
$3.96 billion
Cash Flow
$4.72 per share
Book Value
$10.81 per share

Miscellaneous

Free Float
102,375,000
Market Cap
$9.50 billion
Optionable
Optionable
Beta
0.77














TTC Stock - Frequently Asked Questions

Should I buy or sell Toro stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Toro in the last twelve months. There are currently 1 sell rating and 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" TTC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TTC, but not buy additional shares or sell existing shares.
View TTC analyst ratings
or view top-rated stocks.

What is Toro's stock price forecast for 2022?

2 analysts have issued 1-year target prices for Toro's shares. Their TTC share price forecasts range from $85.00 to $94.00. On average, they expect the company's share price to reach $89.50 in the next twelve months. This suggests that the stock has a possible downside of 1.5%.
View analysts price targets for TTC
or view top-rated stocks among Wall Street analysts.

How have TTC shares performed in 2022?

Toro's stock was trading at $99.91 on January 1st, 2022. Since then, TTC shares have decreased by 9.0% and is now trading at $90.89.
View the best growth stocks for 2022 here
.

When is Toro's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, September 1st 2022.
View our TTC earnings forecast
.

How can I listen to Toro's earnings call?

Toro will be holding an earnings conference call on Thursday, September 1st at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Toro's earnings last quarter?

The Toro Company (NYSE:TTC) announced its earnings results on Thursday, June, 2nd. The company reported $1.25 earnings per share for the quarter, missing analysts' consensus estimates of $1.29 by $0.04. The business earned $1.25 billion during the quarter, compared to analyst estimates of $1.27 billion. Toro had a trailing twelve-month return on equity of 30.52% and a net margin of 8.67%. The business's revenue for the quarter was up 8.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.29 EPS.

How often does Toro pay dividends? What is the dividend yield for Toro?

Toro declared a quarterly dividend on Tuesday, May 17th. Shareholders of record on Wednesday, June 22nd will be paid a dividend of $0.30 per share on Wednesday, July 13th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.32%. The ex-dividend date of this dividend is Tuesday, June 21st.
Read our dividend analysis for TTC
.

Is Toro a good dividend stock?

Toro (NYSE:TTC) pays an annual dividend of $1.20 per share and currently has a dividend yield of 1.35%. The company has been increasing its dividend for 19 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 35.82%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TTC will have a dividend payout ratio of 24.49% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TTC.

When did Toro's stock split?

Shares of Toro split on Monday, September 19th 2016. The 2-1 split was announced on Thursday, August 18th 2016. The newly created shares were payable 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.

What guidance has Toro issued on next quarter's earnings?

Toro updated its FY 2022 earnings guidance on Thursday, June, 30th. The company provided earnings per share (EPS) guidance of $4.00-$4.15 for the period, compared to the consensus EPS estimate of $4.01. The company issued revenue guidance of $4.51 billion-$4.59 billion, compared to the consensus revenue estimate of $4.44 billion.

What is Richard M. Olson's approval rating as Toro's CEO?

35 employees have rated Toro Chief Executive Officer Richard M. Olson on Glassdoor.com. Richard M. Olson has an approval rating of 95% among the company's employees. This puts Richard M. Olson in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Toro own?

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

What is Toro's stock symbol?

Toro trades on the New York Stock Exchange (NYSE) under the ticker symbol "TTC."

Who are Toro's major shareholders?

Toro's stock is owned by many different institutional and retail investors. Top institutional shareholders include Victory Capital Management Inc. (4.02%), Kayne Anderson Rudnick Investment Management LLC (3.24%), JPMorgan Chase & Co. (3.09%), Pictet Asset Management SA (1.85%), King Luther Capital Management Corp (0.97%) and US Bancorp DE (0.82%). Insiders that own company stock include Amy E Dahl, Blake M Grams, Blake M Grams, Bradley A Hamilton, Darren L Redetzke, Daryn A Walters, Gary Lee Ellis, Gregg W Steinhafel, Gregory S Janey, James Calvin O'rourke, Janet Katherine Cooper, Jeffrey M Ettinger, Jody M Christy, Katherine J Harless, Kurt D Svendsen, Kurt D Svendsen, Peter D Moeller, Renee J Peterson, Richard M Olson and Richard W Rodier.
View institutional ownership trends
.

How do I buy shares of Toro?

Shares of TTC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Toro's stock price today?

One share of TTC stock can currently be purchased for approximately $90.89.

How much money does Toro make?

Toro (NYSE:TTC) has a market capitalization of $9.50 billion and generates $3.96 billion in revenue each year. The company earns $409.88 million in net income (profit) each year or $3.35 on an earnings per share basis.

How many employees does Toro have?

The company employs 9,520 workers across the globe.

How can I contact Toro?

Toro's mailing address is 8111 Lyndale Avenue South, Bloomington MN, 55420. The official website for the company is www.thetorocompany.com. The company can be reached via phone at (952) 888-8801, via email at invest@thetorocompany.com, or via fax at 952-887-8258.

This page (NYSE:TTC) was last updated on 8/13/2022 by MarketBeat.com Staff

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