The Toro Company (TTC)

NYSE: TTC · IEX Real-Time Price · USD
102.04
+4.41 (4.52%)
Jun 2, 2023, 4:00 PM EDT - Market closed
4.52%
Market Cap 10.64B
Revenue (ttm) 4.73B
Net Income (ttm) 480.69M
Shares Out 104.29M
EPS (ttm) 4.56
PE Ratio 22.38
Forward PE 21.65
Dividend $1.36 (1.33%)
Ex-Dividend Date Jun 20, 2023
Volume 583,611
Open 98.85
Previous Close 97.63
Day's Range 97.96 - 102.23
52-Week Range 71.86 - 117.66
Beta 0.72
Analysts Strong Buy
Price Target 119.00 (+16.62%)
Earnings Date Jun 8, 2023

About TTC

The Toro Company engages in the designing, manufacturing, marketing, and selling professional and residential equipment worldwide. 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; and snow and ice management equipment, such as... [Read more]

Sector Industrials
Founded 1914
Employees 11,287
Stock Exchange NYSE
Ticker Symbol TTC
Full Company Profile

Financial Performance

In 2022, TTC's revenue was $4.51 billion, an increase of 14.02% compared to the previous year's $3.96 billion. Earnings were $443.34 million, an increase of 8.16%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for TTC stock is "Strong Buy." The 12-month stock price forecast is $119.0, which is an increase of 16.62% from the latest price.

Price Target
$119.0
(16.62% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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 $0.34 per share.

1 week ago - Business Wire

The Toro Company to Announce Fiscal 2023 Second Quarter Results

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company to report fiscal 2023 second quarter results on Thursday, June 8.

1 month ago - Business Wire

Toro stock rises as adjusted profit beats Wall Street estimates

Toro Co. stock TTC, +0.04% rose 0.7% in premarket trades after the lawn mower company posted stronger-than-expected first-quarter profit. Toro said its first-quarter profit rose to $106.86 million, or...

3 months ago - Market Watch
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The Toro Company Reports Record Results for the First-Quarter of Fiscal 2023

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company reports record results for the first quarter of fiscal 2023.

3 months ago - Business Wire

The Toro Company to Announce Fiscal 2023 First Quarter Results

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company (NYSE: TTC) announced today that it will release its fiscal 2023 first quarter results on Thursday, March 9, at approximately 7:30 a.m. CST. The...

4 months ago - Business Wire

The Toro Company Announces Five-Year Commitment to The Atlanta University Center Consortium's Dual Degree Engineering Program

BLOOMINGTON, Minn.--(BUSINESS WIRE)--Continuing a long-standing commitment to furthering education and advancing diversity in our industries, The Toro Company is joining with the Atlanta University ...

4 months ago - Business Wire

What's Going On With The Toro Company's Shares Today? - Toro (NYSE:TTC)

The Toro Company TTC shares are trading slightly higher today following an upgrade from Raymond James.

5 months ago - Benzinga
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Toro Co. profit nearly doubles and adjusted earnings beat target, but revenue falls slightly short

Toro Co. TTC, +0.96% said Wednesday its fourth-quarter net income nearly doubled to $117.6 million, or $1.12 a share, from $60.1 million, or 56 cents a share, in the year-ago quarter. Adjusted profit ...

5 months ago - Market Watch

The Toro Company Reports Record Results for the Fourth-Quarter and Full-Year Fiscal 2022

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company (NYSE: TTC) today reported results for its fiscal fourth-quarter ended October 31, 2022.

5 months ago - Business Wire

The Toro Company Increases Regular Quarterly Cash Dividend by 13 Percent

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company (NYSE: TTC) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.34 per share, an increase of 13 per...

6 months ago - Business Wire

The Toro Company to Announce Fiscal 2022 Full-Year Results

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company (NYSE: TTC) announced today that it will release its fiscal 2022 fourth quarter and full-year results on Wednesday, December 21, at approximatel...

7 months ago - Business Wire
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The Toro Company Recognized by EPA with WaterSense® Excellence Award

WASHINGTON--(BUSINESS WIRE)--The Toro Company recognized by EPA with WaterSense Excellence Award for efforts in promoting water efficiency and conservation.

8 months ago - Business Wire

Toro stock slips after profit beats views but sales comes up shy, as supply constraints weigh

Shares of Toro Co. TTC, -1.09% fell 0.5% in premarket trading Thursday, after the maker of lawn care equipment reported fiscal third-quarter profit that beat expectations but sales that came up a bit ...

9 months ago - Market Watch

The Toro Company Reports Record Third-Quarter Fiscal 2022 Results

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company (NYSE: TTC) today reported results for its fiscal third-quarter ended July 29, 2022. “We delivered record results while advancing our strategic in...

9 months ago - Business Wire

The Toro Company to Announce Fiscal 2022 Third Quarter Results

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company (NYSE: TTC) will release its fiscal 2022 third quarter results on Thursday, September 1.

10 months ago - Business Wire

New Leadership Appointment Enhances Focus on Talent Development, Employee Engagement and Strategic Organizational Design

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company (NYSE: TTC) today announced that Margeaux M. King has joined the company as its top human resources officer, effective August 1, 2022. King succee...

10 months ago - Business Wire

Kevin Carpenter Named Among Savoy's 2022 Most Influential Black Executives in Corporate America

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company (NYSE: TTC) is pleased to announce that Savoy Magazine has named Kevin Carpenter, vice president, global operations and integrated supply chain, t...

10 months ago - Business Wire

The Toro Company Releases 2021 Sustainability Report

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company releases 2021 Sustainability Report, highlighting new sustainability goals and initiatives to drive strategic actions and impact.

1 year ago - Business Wire

BOSS Products Acquires Liquid Deicing Assets of Voigt Smith Innovation

IRON MOUNTAIN, Mich.--(BUSINESS WIRE)--BOSS Products, a division of The Toro Company, today announced that it has acquired the liquid deicing assets of Voigt Smith Innovation.

1 year ago - Business Wire

Toro misses on sales but beats on profit, and raises full-year outlook

Shares of Toro Co. TTC, -1.82% were little changed in premarket trading Thursday, after the lawn care equipment company reported fiscal second-quarter sales that missed expectations, while profit topp...

1 year ago - Market Watch

The Toro Company Reports Solid Second-Quarter Fiscal 2022 Results

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company reports solid second quarter fiscal 2022 results with net sales up 8.7% year-over year to $1.25 billion.

1 year ago - Business Wire

The Toro Company to Announce Fiscal 2022 Second Quarter Results

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company to announce fiscal 2022 second quarter results on Thursday, June 2.

1 year ago - Business Wire

Deep Dive: Dividend Aristocrat stocks can help you keep ahead of inflation. These 15 take top prizes for raising payouts.

Some investors are interested in stocks that pay high dividend yields for a source of income. Others believe it is better to focus on total returns over long periods.

1 year ago - Market Watch