The Toro Company (TTC)

NYSE: TTC · IEX Real-Time Price · USD
78.60
-1.37 (-1.71%)
May 16, 2022 4:00 PM EDT - Market closed
Market Cap8.22B
Revenue (ttm)4.02B
Net Income (ttm)368.11M
Shares Out104.54M
EPS (ttm)3.42
PE Ratio22.96
Forward PE19.65
Dividend$1.13 (1.43%)
Ex-Dividend DateApr 5, 2022
Volume400,645
Open79.80
Previous Close79.97
Day's Range77.72 - 80.08
52-Week Range75.89 - 115.68
Beta0.73
AnalystsSell
Price Target110.16 (+40.2%)
Earnings DateJun 2, 2022

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...

IndustryMachinery
Founded1914
CEORichard Olson
Employees10,982
Stock ExchangeNYSE
Ticker SymbolTTC
Full Company Profile

Financial Performance

In 2021, TTC's revenue was $3.96 billion, an increase of 17.19% compared to the previous year's $3.38 billion. Earnings were $409.88 million, an increase of 24.32%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for TTC stock is "Sell." The 12-month stock price forecast is 110.16, which is an increase of 40.15% from the latest price.

Price Target
$110.16
(40.15% upside)
Analyst Consensus: Sell
Stock Forecasts

News

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 week ago - Business Wire

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

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.

3 weeks ago - Market Watch

The Toro Company Elects Two New Board Members

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company today announced the election of Eric Hansotia and Jill Pemberton to its Board of Directors.

2 months 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 $0.30 per share.

2 months ago - Business Wire

Toro (TTC) Loses 14.2% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

Toro (TTC) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earning...

2 months ago - Zacks Investment Research

The Toro Company to Present at the Bank of America Global Industrials Conference

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company to present at the Bank of America Global Industrials Conference

2 months ago - Business Wire

Toro (TTC) Q1 Earnings Beat Estimates

Toro (TTC) delivered earnings and revenue surprises of 1.54% and 2.95%, respectively, for the quarter ended January 2022. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

The Toro Company Reports Solid First-Quarter Fiscal 2022 Results

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company reports solid first quarter fiscal 2022 results with strong demand across businesses.

2 months ago - Business Wire

The Toro Company to Present at the Raymond James 43rd Annual Institutional Investors Conference

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company to Present at the Raymond James 43rd Annual Institutional Investors Conference

2 months ago - Business Wire

The Toro Company to Announce Fiscal 2022 First Quarter Results

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company announced that it will release its fiscal 2022 first quarter results on Thursday, March 3.

3 months ago - Business Wire

The Toro Company Acquires Intimidator Group, Manufacturer of Spartan Mowers

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company has acquired Intimidator Group, Inc., manufacturer of Spartan Mowers and side-by-side utility vehicles.

4 months ago - Business Wire

3 Reasons Why Growth Investors Shouldn't Overlook Toro (TTC)

Toro (TTC) could produce exceptional returns because of its solid growth attributes.

4 months ago - Zacks Investment Research

Toro (TTC) Q4 Earnings and Revenues Surpass Estimates

Toro (TTC) delivered earnings and revenue surprises of 1.82% and 0.38%, respectively, for the quarter ended October 2021. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

Toro Clocks 14% Sales Growth In Q4; Guides FY22 Adjusted EPS Above Consensus

Toro Co (NYSE: TTC) reported fourth-quarter FY21 sales growth of 14.2% year-over-year to $960.7 million, beating the consensus of $955.53 million. Sales by segments: Professional $732.5 million (+13.7% ...

5 months ago - Benzinga

Toro: Q4 Earnings Insights

Toro (NYSE:TTC) reported its Q4 earnings results on Wednesday, December 15, 2021 at 08:30 AM. Here's what investors need to know about the announcement.

5 months ago - Benzinga

The Toro Company Reports Record Full-Year Fiscal 2021 Results

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company reports record full-year fiscal 2021 results with double-digit net sales growth in both professional and residential segments.

5 months ago - Business Wire

The Toro Company Increases Regular Quarterly Cash Dividend

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company announces a 14 percent increase in its regular quarterly cash dividend to $0.30 per share.

5 months ago - Business Wire

Earnings Preview For Toro

Toro (NYSE:TTC) is set to give its latest quarterly earnings report on Wednesday, 2021-12-15. Here's what investors need to know before the announcement.

5 months ago - Benzinga

Earnings Preview: Toro (TTC) Q4 Earnings Expected to Decline

Toro (TTC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

5 months ago - Zacks Investment Research

The Toro Company to Announce Fiscal 2021 Full-Year Results

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company to announce fiscal 2021 full-year results

6 months ago - Business Wire

The Toro Company New Leadership Appointments Highlight Commitment to Operational Excellence and Sustainability

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company (NYSE: TTC) announces new leadership appointments. Highlights commitment to operational excellence and sustainability.

6 months ago - Business Wire

BofA Cuts Toro Price Target By 28%

BofA analyst Ross Gilardi downgraded Toro Co (NYSE:TTC) to Underperform from Neutral and lowered the price target to $85 (implying a downside of 10%), from $118.  Gilardi says the company faces secular ...

6 months ago - Benzinga

The Toro Company Recognized by EPA With WaterSense® Excellence Award

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

7 months ago - Business Wire

The Toro Company Declares 150th Consecutive Quarterly Cash Dividend

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company declares 150th consecutive quarterly cash dividend.

7 months ago - Business Wire

Toro Stock Gains On Q3 Beat, Raised FY21 Outlook

Toro Co (NYSE: TTC) reported third-quarter FY21 sales increased by 16.2% year-over-year to $976.84 million, beating the consensus of $937.1 million. Sales by segments: Professional $718.48 million (+15....

8 months ago - Benzinga