Toro (NYSE:TTC) Stock Rating Lowered by Wall Street Zen

by · The Markets Daily

Toro (NYSE:TTC – Get Free Report) was downgraded by analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a report issued on Sunday.

TTC has been the topic of several other reports. Raymond James Financial lowered Toro from an “outperform” rating to a “market perform” rating in a research note on Wednesday, February 18th. Zacks Research raised Toro from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 20th. Finally, Robert W. Baird set a $84.00 price target on Toro in a research report on Tuesday, December 16th. Two equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $92.20.

Check Out Our Latest Research Report on Toro

Toro Price Performance

Shares of NYSE:TTC opened at $100.70 on Friday. The firm has a market capitalization of $9.86 billion, a PE ratio of 31.77 and a beta of 0.82. The company has a current ratio of 1.87, a quick ratio of 0.86 and a debt-to-equity ratio of 0.63. Toro has a 1-year low of $62.34 and a 1-year high of $102.32. The business’s 50 day moving average is $88.93 and its 200-day moving average is $80.08.

Toro (NYSE:TTC – Get Free Report) last issued its earnings results on Wednesday, December 17th. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.86 by $0.05. The firm had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1.05 billion. Toro had a return on equity of 28.90% and a net margin of 7.01%.Toro’s quarterly revenue was down .9% compared to the same quarter last year. During the same period last year, the business earned $0.95 earnings per share. Toro has set its FY 2026 guidance at 4.350-4.50 EPS. Sell-side analysts predict that Toro will post 4.41 earnings per share for the current year.

Institutional Trading of Toro

A number of large investors have recently bought and sold shares of TTC. Davis Capital Management bought a new position in Toro during the 3rd quarter worth about $42,000. Danske Bank A S bought a new stake in shares of Toro in the third quarter worth $46,000. MTM Investment Management LLC acquired a new position in Toro during the second quarter worth $85,000. Quent Capital LLC bought a new position in Toro in the third quarter valued at $97,000. Finally, Harvest Fund Management Co. Ltd bought a new position in Toro in the third quarter valued at $119,000. 87.95% of the stock is owned by institutional investors.

Toro Company Profile

(Get Free Report)

The Toro Company (NYSE: TTC) specializes in the design, manufacture and marketing of a broad range of outdoor environment equipment for residential, commercial and professional markets. Its product portfolio includes lawn mowers, utility vehicles, snow throwers, irrigation systems and landscape maintenance equipment. Toro’s offerings span walk-behind and ride-on mowers, zero-turn radius mowers, snow blowers, sprinklers, drip irrigation products, spreaders and specialty turf maintenance machines tailored to golf courses, sports fields and municipal parks.

Founded in 1914 and headquartered in Bloomington, Minnesota, Toro has built a century-long legacy of innovation in the grounds-care industry.

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