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S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Why Lucid Spiked Nearly 100% In One Day
Is This The End of Capitalism? (Ad)
WSC Sports Was Built on a Love for Sports. It Changed The Entire Game.
Ride These Railroad Stocks for Growth and Income
Is This The End of Capitalism? (Ad)
ASML Sees Demand For Chips Rallying This Year, Boosts Sales View
Microsoft’s Comeback Is Now Underway
Is This The End of Capitalism? (Ad)
Can Amazon Recover Amid Tech Stock Sell-off?
KLA Corporation: Strength In A Troubled Semi-Market
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Why Lucid Spiked Nearly 100% In One Day
Is This The End of Capitalism? (Ad)
WSC Sports Was Built on a Love for Sports. It Changed The Entire Game.
Ride These Railroad Stocks for Growth and Income
Is This The End of Capitalism? (Ad)
ASML Sees Demand For Chips Rallying This Year, Boosts Sales View
Microsoft’s Comeback Is Now Underway
Is This The End of Capitalism? (Ad)
Can Amazon Recover Amid Tech Stock Sell-off?
KLA Corporation: Strength In A Troubled Semi-Market
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Why Lucid Spiked Nearly 100% In One Day
Is This The End of Capitalism? (Ad)
WSC Sports Was Built on a Love for Sports. It Changed The Entire Game.
Ride These Railroad Stocks for Growth and Income
Is This The End of Capitalism? (Ad)
ASML Sees Demand For Chips Rallying This Year, Boosts Sales View
Microsoft’s Comeback Is Now Underway
Is This The End of Capitalism? (Ad)
Can Amazon Recover Amid Tech Stock Sell-off?
KLA Corporation: Strength In A Troubled Semi-Market
NYSE:TTC

Toro - TTC Stock Forecast, Price & News

$109.78
-0.31 (-0.28%)
(As of 01/27/2023 12:00 AM ET)
Add
Compare
Today's Range
$109.68
$111.55
50-Day Range
$108.70
$116.19
52-Week Range
$71.86
$117.66
Volume
471,708 shs
Average Volume
585,184 shs
Market Capitalization
$11.42 billion
P/E Ratio
26.08
Dividend Yield
1.24%
Price Target
$123.00

Toro MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
12.0% Upside
$123.00 Price Target
Short Interest
Healthy
1.52% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.29mentions of Toro in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$4.49 M Sold Last Quarter
Proj. Earnings Growth
15.15%
From $4.95 to $5.70 Per Share

Overall MarketRank

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

2.61 out of 5 stars

Consumer Discretionary Sector

41st out of 276 stocks

Lawn & Garden Equipment Industry

1st out of 1 stocks


TTC stock logo

About Toro (NYSE:TTC) Stock

The Toro Company provides innovative solutions for the outdoor environment worldwide. It operates through two segments Professional and Residential. 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, 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, including snowplows; as well as stand-on snow and ice removal equipment, such as the related 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. 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. 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. The company sells its products through a network of distributors, dealers, mass retailers, hardware retailers, equipment rental centers, home centers, and online. The Toro Company was founded in 1914 and is headquartered in Bloomington, Minnesota.

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TTC Stock News Headlines

Investors Buy High Volume of Put Options on Toro (NYSE:TTC)
Does Toro (NYSE:TTC) Deserve A Spot On Your Watchlist?
Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
Toro's Return on Invested Capital Overview
A Screaming Buy After Earnings
See More Headlines
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TTC Company Calendar

Last Earnings
12/21/2022
Ex-Dividend for 1/11 Dividend
12/27/2022
Dividend Payable
1/11/2023
Today
1/28/2023
Next Earnings (Estimated)
3/02/2023
Fiscal Year End
10/31/2023

Industry, Sector and Symbol

Industry
Lawn & garden equipment
Sub-Industry
Construction & Farm Machinery & Heavy Trucks
CUSIP
89109210
Employees
11,287
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$123.00
High Stock Price Forecast
$130.00
Low Stock Price Forecast
$116.00
Forecasted Upside/Downside
+12.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$443.34 million
Pretax Margin
12.24%

Debt

Sales & Book Value

Annual Sales
$4.51 billion
Cash Flow
$5.29 per share
Book Value
$12.97 per share

Miscellaneous

Free Float
101,824,000
Market Cap
$11.42 billion
Optionable
Optionable
Beta
0.74

Key Executives

  • Mr. Richard M. OlsonMr. Richard M. Olson (Age 59)
    Chairman, Pres & CEO
    Comp: $3.44M
  • Ms. Renee J. PetersonMs. Renee J. Peterson (Age 61)
    VP & CFO
    Comp: $1.51M
  • Ms. Amy E. DahlMs. Amy E. Dahl (Age 49)
    VP, Gen. Counsel & Corp. Sec.
    Comp: $1.15M
  • Mr. Richard W. RodierMr. Richard W. Rodier (Age 63)
    Group VP of Construction, Contractor & Residential Bus.es
    Comp: $1.25M
  • Mr. Kevin N. Carpenter (Age 49)
    VP of Global Operations & Integrated Supply Chain
  • Julie A. Kerekes
    Treasurer, Sr. MD of Global Tax & Investor Relations
  • Mr. Branden Happel
    Sr. Mang. of PR
  • Ms. Margeaux M. King (Age 46)
    VP of HR
  • Mr. Thomas M. Swain (Age 70)
    Managing Director of Distributor Devel.
  • Mr. Blake M. GramsMr. Blake M. Grams (Age 56)
    VP of Sustainability, Bus. Analytics & Process Improvement













TTC Stock - Frequently Asked Questions

Should I buy or sell Toro stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Toro in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" TTC shares.
View TTC analyst ratings
or view top-rated stocks.

What is Toro's stock price forecast for 2023?

3 brokerages have issued 12 month price objectives for Toro's stock. Their TTC share price forecasts range from $116.00 to $130.00. On average, they predict the company's share price to reach $123.00 in the next year. This suggests a possible upside of 12.0% from the stock's current price.
View analysts price targets for TTC
or view top-rated stocks among Wall Street analysts.

How have TTC shares performed in 2023?

Toro's stock was trading at $113.20 at the beginning of the year. Since then, TTC shares have decreased by 3.0% and is now trading at $109.78.
View the best growth stocks for 2023 here
.

Are investors shorting Toro?

Toro saw a decline in short interest in the month of December. As of December 30th, there was short interest totaling 1,440,000 shares, a decline of 22.2% from the December 15th total of 1,850,000 shares. Based on an average daily volume of 558,400 shares, the short-interest ratio is presently 2.6 days. Approximately 1.4% of the company's shares are short sold.
View Toro's Short Interest
.

When is Toro's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 2nd 2023.
View our TTC earnings forecast
.

How were Toro's earnings last quarter?

The Toro Company (NYSE:TTC) released its quarterly earnings results on Wednesday, December, 21st. The company reported $1.11 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $1.11. The firm earned $1.17 billion during the quarter, compared to analyst estimates of $1.18 billion. Toro had a net margin of 9.82% and a trailing twelve-month return on equity of 35.67%. Toro's revenue was up 22.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.56 earnings per share.

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

Toro declared a quarterly dividend on Tuesday, December 13th. Shareholders of record on Wednesday, December 28th will be paid a dividend of $0.34 per share on Wednesday, January 11th. This represents a $1.36 dividend on an annualized basis and a yield of 1.24%. The ex-dividend date is Tuesday, December 27th. This is a boost from the stock's previous quarterly dividend of $0.30.
Read our dividend analysis for TTC
.

Is Toro a good dividend stock?

Toro (NYSE:TTC) pays an annual dividend of $1.36 per share and currently has a dividend yield of 1.24%. 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 32.30%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TTC will have a dividend payout ratio of 23.86% 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 the morning of Monday, September 19th 2016. The 2-1 split was announced on Thursday, August 18th 2016. The newly minted shares were payable to shareholders after the market closes 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 2023 earnings guidance on Wednesday, December, 21st. The company provided EPS guidance of $4.70-$4.90 for the period, compared to the consensus EPS estimate of $4.97. The company issued revenue guidance of $4.83 billion-$4.97 billion, compared to the consensus revenue estimate of $4.99 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 retail and institutional investors. Top institutional shareholders include Boston Trust Walden Corp (0.27%), JLB & Associates Inc. (0.18%), Ceredex Value Advisors LLC (0.15%), Rockland Trust Co. (0.12%), New York State Teachers Retirement System (0.12%) and Yousif Capital Management LLC (0.05%). Insiders that own company stock include Amy E Dahl, Angela C Drake, 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 $109.78.

How much money does Toro make?

Toro (NYSE:TTC) has a market capitalization of $11.42 billion and generates $4.51 billion in revenue each year. The company earns $443.34 million in net income (profit) each year or $4.21 on an earnings per share basis.

How many employees does Toro have?

The company employs 11,287 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 1/28/2023 by MarketBeat.com Staff