Toro Co (NYSE: TTC) is -7.38% lower on its value in year-to-date trading and has touched a low of $74.51 and a high of $100.93 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TTC stock was last observed hovering at around $78.01 in the last trading session, with the day’s loss setting it -3.82%.
Currently trading at $74.19, the stock is -6.96% and -8.52% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.35 million and changing -4.90% at the moment leaves the stock -13.72% off its SMA200. TTC registered -21.45% loss for a year compared to 6-month loss of -19.06%.
The stock witnessed a -8.82% gain in the last 1 month and extending the period to 3 months gives it a -14.23%, and is -7.18% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.50% over the week and 2.63% over the month.
Toro Co (TTC) has around 11108 employees, a market worth around $7.47B and $4.58B in sales. Current P/E ratio is 18.43 and Fwd P/E is 15.74. Profit margin for the company is 9.15%. Distance from 52-week low is -0.43% and -26.49% from its 52-week high. The company has generated returns on investments over the last 12 months (16.35%).
with sales reaching $1.35B over the same period.The EPS is expected to grow by 3.36% this year, but quarterly earnings will post 0.57% year-over-year. Quarterly sales are estimated to grow 0.06% in year-over-year returns.
The shares outstanding are 101.47M, and float is at 100.38M with Short Float at 4.42%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 10.46 million shares valued at $978.31 million. The investor’s holdings represent 10.0212 of the TTC Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 10.29 million shares valued at $962.25 million to account for 9.8567 of the shares outstanding. The other top investors are PRICE T ROWE ASSOCIATES INC /MD/ which holds 8.88 million shares representing 8.5069 and valued at over $830.49 million, while SELECT EQUITY GROUP, L.P. holds 5.3071 of the shares totaling 5.52 million with a market value of $516.12 million.
Toro Co (TTC) Insider Activity
The most recent transaction is an insider purchase by Funk Edric C, the company’s Group VP, Golf, Grounds & Irr. SEC filings show that Funk Edric C bought 300 shares of the company’s common stock on Dec 20 ’24 at a price of $81.48 per share for a total of $24444.0. Following the purchase, the insider now owns 280.0 shares.
Toro Co disclosed in a document filed with the SEC on Jun 21 ’24 that Olson Richard M (Chairman & CEO) sold a total of 20,000 shares of the company’s common stock. The trade occurred on Jun 21 ’24 and was made at $95.19 per share for $1.9 million. Following the transaction, the insider now directly holds 17913.0 shares of the TTC stock.
Still, SEC filings show that on Mar 15 ’24, Funk Edric C (Group VP, Golf, Grounds & Irr) disposed off 615 shares at an average price of $89.57 for $55078.0. The insider now directly holds 0 shares of Toro Co (TTC).
