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The closing price of Toro Co. (NYSE: TTC) was $88.17 for the day, down -2.06% from the previous closing price of $90.02. In other words, the price has decreased by -$2.06 from its previous closing price. On the day, 1.09 million shares were traded. TTC stock price reached its highest trading level at $90.0 during the session, while it also had its lowest trading level at $87.46.
Ratios:
Our analysis of TTC’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 48.51 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 35.04. For the most recent quarter (mrq), Quick Ratio is recorded 0.87 and its Current Ratio is at 1.93. In the meantime, Its Debt-to-Equity ratio is 0.69 whereas as Long-Term Debt/Eq ratio is at 0.67.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, DA Davidson on December 05, 2023, Downgraded its rating to Neutral and sets its target price to $87 from $110 previously.
On June 22, 2023, DA Davidson started tracking the stock assigning a Buy rating and target price of $117.
On May 19, 2023, CL King started tracking the stock assigning a Buy rating and target price of $133.CL King initiated its Buy rating on May 19, 2023, with a $133 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 21 ’24 when Olson Richard M sold 20,000 shares for $95.19 per share. The transaction valued at 1,903,800 led to the insider holds 17,913 shares of the business.
Ellis Gary Lee sold 5,192 shares of TTC for $460,764 on Mar 15 ’24. The Director now owns 33,051 shares after completing the transaction at $88.75 per share. On Mar 15 ’24, another insider, Funk Edric C, who serves as the Group VP, Golf, Grounds & Irr of the company, sold 615 shares for $89.57 each. As a result, the insider received 55,078 and left with 0 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TTC now has a Market Capitalization of 9158569984 and an Enterprise Value of 10109378560. As of this moment, Toro’s Price-to-Earnings (P/E) ratio for their current fiscal year is 34.80, and their Forward P/E ratio for the next fiscal year is 18.66. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.41. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.08 while its Price-to-Book (P/B) ratio in mrq is 5.55. Its current Enterprise Value per Revenue stands at 2.289 whereas that against EBITDA is 15.918.
Stock Price History:
Over the past 52 weeks, TTC has reached a high of $106.68, while it has fallen to a 52-week low of $77.15. The 50-Day Moving Average of the stock is -0.86%, while the 200-Day Moving Average is calculated to be -0.18%.
Shares Statistics:
TTC traded an average of 1.07M shares per day over the past three months and 1248740 shares per day over the past ten days. A total of 103.84M shares are outstanding, with a floating share count of 103.43M. Insiders hold about 0.43% of the company’s shares, while institutions hold 94.72% stake in the company. Shares short for TTC as of 1718323200 were 7675215 with a Short Ratio of 7.16, compared to 1715731200 on 7358638. Therefore, it implies a Short% of Shares Outstanding of 7675215 and a Short% of Float of 9.24.
Dividends & Splits
With its trailing 12-month dividend rate of 1.4, TTC has a forward annual dividend rate of 1.42. Against a Trailing Annual Dividend Yield of 0.0155521The stock’s 5-year Average Dividend Yield is 1.26.
Earnings Estimates
The dynamic stock of Toro Co. (TTC) is currently being evaluated by a team of 6.0 analysts, each contributing to its current rating.On average, analysts expect EPS of $1.23 for the current quarter, with a high estimate of $1.24 and a low estimate of $1.21, while EPS last year was $0.95. The consensus estimate for the next quarter is $1.06, with high estimates of $1.11 and low estimates of $1.02.
Analysts are recommending an EPS of between $4.36 and $4.3 for the fiscal current year, implying an average EPS of $4.31. EPS for the following year is $4.73, with 7.0 analysts recommending between $4.89 and $4.55.
Revenue Estimates
For the next quarter, 6 analysts are estimating revenue of $1.11B. There is a high estimate of $1.14B for the next quarter, whereas the lowest estimate is $1.07B.
A total of 6 analysts have provided revenue estimates for TTC’s current fiscal year. The highest revenue estimate was $4.75B, while the lowest revenue estimate was $4.66B, resulting in an average revenue estimate of $4.71B. In the same quarter a year ago, actual revenue was $4.55BBased on 6 analysts’ estimates, the company’s revenue will be $4.9B in the next fiscal year. The high estimate is $5.06B and the low estimate is $4.82B.
