The Toro Company (NYSE:TTC – Get Rating) VP Amy E. Dahl sold 2,600 shares of the business’s stock in a transaction that occurred on Friday, September 9th. The stock was sold at an average price of $89.81, for a total value of $233,506.00. Following the completion of the sale, the vice president now owns 18,706 shares of the company’s stock, valued at $1,679,985.86. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Toro Stock Performance
Shares of NYSE TTC opened at $89.39 on Wednesday. The business has a fifty day simple moving average of $85.17 and a 200 day simple moving average of $83.46. The company has a current ratio of 1.59, a quick ratio of 0.66 and a debt-to-equity ratio of 0.77. The firm has a market capitalization of $9.31 billion, a price-to-earnings ratio of 24.49 and a beta of 0.76. The Toro Company has a one year low of $71.86 and a one year high of $106.31.
Toro (NYSE:TTC – Get Rating) last issued its earnings results on Thursday, September 1st. The company reported $1.19 EPS for the quarter, beating analysts’ consensus estimates of $1.13 by $0.06. Toro had a return on equity of 32.35% and a net margin of 8.97%. The business had revenue of $1.16 billion during the quarter, compared to analyst estimates of $1.17 billion. During the same period in the prior year, the company posted $0.92 earnings per share. Toro’s revenue was up 18.9% on a year-over-year basis. Sell-side analysts expect that The Toro Company will post 4.2 EPS for the current year.
Institutional Trading of Toro
Wall Street Analysts Forecast Growth
TTC has been the subject of a number of research analyst reports. StockNews.com upgraded Toro from a “hold” rating to a “buy” rating in a report on Wednesday, September 7th. Northcoast Research upgraded Toro from a “neutral” rating to a “buy” rating in a report on Tuesday, September 6th. Finally, Robert W. Baird cut their price target on Toro from $108.00 to $94.00 and set a “neutral” rating for the company in a report on Tuesday, May 31st.
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 snowplows, brush, snow thrower attachment, salt and sand spreaders, and related parts and accessories for light and medium duty trucks, utility task vehicles, skid steers, and front-end loaders.
- Get a free copy of the StockNews.com research report on Toro (TTC)
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