The Toro Company (TTC)

NYSE: TTC · Real-Time Price · USD
85.11
+1.30 (1.55%)
Nov 22, 2024, 4:00 PM EST - Market closed
1.55%
Market Cap 8.73B
Revenue (ttm) 4.49B
Net Income (ttm) 399.30M
Shares Out 102.61M
EPS (ttm) 3.81
PE Ratio 22.34
Forward PE 18.60
Dividend $1.44 (1.69%)
Ex-Dividend Date Sep 30, 2024
Volume 338,820
Open 84.11
Previous Close 83.81
Day's Range 84.11 - 85.53
52-Week Range 77.15 - 102.00
Beta 0.69
Analysts Hold
Price Target 93.33 (+9.66%)
Earnings Date Dec 18, 2024

About TTC

The Toro Company designs, manufactures, markets, and sells professional turf maintenance equipment and services. It operates through two segments: Professional and Residential. The 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 ho... [Read more]

Sector Industrials
Founded 1914
Employees 10,982
Stock Exchange NYSE
Ticker Symbol TTC
Full Company Profile

Financial Performance

In 2023, The Toro Company's revenue was $4.55 billion, an increase of 0.85% compared to the previous year's $4.51 billion. Earnings were $329.70 million, a decrease of -25.63%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for TTC stock is "Hold." The 12-month stock price forecast is $93.33, which is an increase of 9.66% from the latest price.

Price Target
$93.33
(9.66% upside)
Analyst Consensus: Hold
Stock Forecasts

News

The Toro Company to Announce Fiscal 2024 Full-Year Results

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company to Announce Fiscal 2024 Full-Year Results.

2 days ago - Business Wire

The Toro Company to Present at the Baird 2024 Global Industrial Conference

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company to Present at the Baird 2024 Global Industrial Conference.

22 days ago - Business Wire

The Toro Company Declares Regular Quarterly Cash Dividend

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.36 per share.

2 months ago - Business Wire

High Quality Dividend Stock Universe: The Toro Company, Greener Grass Ahead

The Toro Company has a long history of attractive growth and a shareholder friendly policy. Since inception, it has grown by nearly 8,500% or at a CAGR of 13.7%. An improvement in the FCF/share figure...

2 months ago - Seeking Alpha

Toro: Like Watching Grass Grow

Toro's stock remains in the $80-100 range due to unimpressive earnings and lowered guidance, with negligible growth expected in the near term. The company is making progress in dealer channel destocki...

2 months ago - Seeking Alpha

The Toro Company (TTC) Q3 2024 Earnings Call Transcript

The Toro Company (NYSE:TTC) Q3 2024 Results Conference Call September 5, 2024 11:00 AM ET Company Participants Julie Kerekes - Treasurer and Senior Managing Director of Global Tax and Investor Relati...

2 months ago - Seeking Alpha

Lawn Mower Maker Toro Stock Sinks on Weaker-Than-Expected Results, Outlook

Toro Company (TTC) shares sank Thursday as the manufacturer of lawn mowers and snowblowers reported worse-than-expected results and guidance on falling demand for its products amid what Chief Executiv...

2 months ago - Investopedia

The Toro Company Reports Results for the Third Quarter of Fiscal 2024

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company reported results for the third quarter of fiscal 2024. Growth driven by residential, golf and grounds, and underground construction.

2 months ago - Business Wire

Precision Irrigation Industry Research Report 2024-2032 with Company Analysis of Jain Irrigation Systems, Lindsay, The Toro Co, and Valmont

Dublin, Sept. 04, 2024 (GLOBE NEWSWIRE) -- The "Precision Irrigation Market Report, Forecast by Type, Crop Type, Application, Countries and Company Analysis 2024-2032" report has been added to Researc...

2 months ago - GlobeNewsWire

The Toro Company to Announce Fiscal 2024 Third Quarter Results

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company (NYSE: TTC) announced today that it will release its fiscal 2024 third quarter results on Thursday, September 5.

3 months ago - Business Wire

The Toro Company Announces the Sale of its Australia-Based Residential Pope Products Business

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company Announces the Sale of its Australia-Based Residential Pope Products Business.

5 months ago - Business Wire

Griffon Corporation Announces the Acquisition of Pope by AMES Australasia

NEW YORK--(BUSINESS WIRE)--Griffon Corporation (NYSE: GFF) (the “Company” or “Griffon”) announced that its subsidiary, The AMES Companies, Inc., (“AMES”) acquired Pope, a leading Australian provider o...

Other symbols: GFF
5 months ago - Business Wire

The Toro Company (TTC) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings

NEW YORK, NY / ACCESSWIRE / June 18, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of The Toro Company ("Toro" or "the Company") (NYSE:TTC). Inves...

5 months ago - Accesswire

The Toro Company Releases 2023 Sustainability Impact Report

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company (NYSE: TTC), a leading global provider of solutions for the outdoor environment, today released its 2023 Sustainability Impact Report.

5 months ago - Business Wire

The Toro Company (TTC) Q2 2024 Earnings Call Transcript

The Toro Company (NYSE:TTC) Q2 2024 Earnings Call Transcript June 6, 2024 11:00 AM ET Company Participants Julie Kerekes - Senior MD of Global Tax and IR Rick Olson - Chairman and CEO Angie Drake - V...

6 months ago - Seeking Alpha

The Toro Company Answers The Shorts, But Still Not Cheap

Toro stock dropped after a short report raised concerns about inventory buildup in the dealer channel, but rebounded after 2Q earnings. The company appears to be managing the dealer channel inventory ...

6 months ago - Seeking Alpha

The Toro Company Reports Results for the Second Quarter of Fiscal 2024

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company reports Q2 results for fiscal 2024. Record net sales driven by strong growth in residential segment and underground construction.

6 months ago - Business Wire

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of The Toro Company (TTC) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of The Toro Company ...

6 months ago - Business Wire

The Law Offices of Frank R. Cruz Announces Investigation of The Toro Company (TTC) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of The Toro Company (“Toro” or the “Company”) (NYSE: TTC) on behalf of investors concerning the Company's poss...

6 months ago - Business Wire

BanyanGlobal Family Business Advisors Elects Ben Francois as New Managing Partner

BOSTON--(BUSINESS WIRE)-- #FamilyBusiness--BanyanGlobal Family Business Advisors elects Ben Francois as managing partner, succeeding Rob Lachenauer, co-founder of the firm.

Other symbols: EXAI
6 months ago - Business Wire

The Toro Company to Announce Fiscal 2024 Second Quarter Results

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company (NYSE: TTC) announced that it will release its fiscal 2024 second quarter results on Thursday, June 6.

7 months ago - Business Wire

The Toro Company (TTC) Q1 2024 Earnings Call Transcript

The Toro Company (NYSE:TTC) Q1 2024 Earnings Conference Call March 7, 2024 11:00 AM ET

9 months ago - Seeking Alpha

The Toro Company Reports Results for the First Quarter of Fiscal 2024

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company reports results for the first quarter of fiscal 2024 with continued strength in demand across construction, golf and grounds markets.

9 months ago - Business Wire

The Toro Company to Announce Fiscal 2024 First Quarter Results

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company (NYSE: TTC) announced today that it will release its fiscal 2024 first quarter results on Thursday, March 7, 2024.

10 months ago - Business Wire

The Toro Company Named to Fortune's List of World's Most Admired Companies

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company has been recognized by Fortune as one of the World's Most Admired Companies for 2024.

10 months ago - Business Wire