Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
Toro Co (NYSE: TTC) closed the day trading at $84.57 up 0.40% from the previous closing price of $84.23. In other words, the price has increased by $0.40 from its previous closing price. On the day, 0.78 million shares were traded. TTC stock price reached its highest trading level at $85.2199 during the session, while it also had its lowest trading level at $83.71.
Ratios:
For a better understanding of TTC, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 42.89 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.35. For the most recent quarter (mrq), Quick Ratio is recorded 0.74 and its Current Ratio is at 1.81. In the meantime, Its Debt-to-Equity ratio is 0.67 whereas as Long-Term Debt/Eq ratio is at 0.65.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 20 ’24 when Funk Edric C bought 300 shares for $81.48 per share. The transaction valued at 24,444 led to the insider holds 280 shares of the business.
Olson Richard M sold 20,000 shares of TTC for $1,903,800 on Jun 21 ’24. The Chairman & CEO now owns 17,913 shares after completing the transaction at $95.19 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 8557130752 and an Enterprise Value of 9643663360. As of this moment, Toro’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.01, and their Forward P/E ratio for the next fiscal year is 17.94. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.93. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.87 while its Price-to-Book (P/B) ratio in mrq is 5.53. Its current Enterprise Value per Revenue stands at 2.147 whereas that against EBITDA is 14.484.
Stock Price History:
The Beta on a monthly basis for TTC is 0.72, which has changed by -0.10336387 over the last 52 weeks, in comparison to a change of 0.21794415 over the same period for the S&P500. Over the past 52 weeks, TTC has reached a high of $100.93, while it has fallen to a 52-week low of $76.95. The 50-Day Moving Average of the stock is 1.12%, while the 200-Day Moving Average is calculated to be -2.65%.
Shares Statistics:
Over the past 3-months, TTC traded about 745.12K shares per day on average, while over the past 10 days, TTC traded about 666540 shares per day. A total of 101.47M shares are outstanding, with a floating share count of 100.83M. Insiders hold about 0.35% of the company’s shares, while institutions hold 91.53% stake in the company. Shares short for TTC as of 1732838400 were 4985960 with a Short Ratio of 6.26, compared to 1730332800 on 5191896. Therefore, it implies a Short% of Shares Outstanding of 4985960 and a Short% of Float of 6.0900003.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 1.29. The current Payout Ratio is 35.89% for TTC, which recently paid a dividend on 2024-12-23 with an ex-dividend date of 1734912000. Stock splits for the company last occurred on 2016-09-19 when the company split stock in a 2:1 ratio.
