Toro Co (TTC) Stock: What the Analysts are Saying

Toro Co (NYSE: TTC) has a price-to-earnings ratio that is above its average at 21.48x. The stock has a 36-month beta value of 0.71. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 2 as “overweight,” 5 as “hold,” and 0 as “sell.”

The public float for TTC is 102.27M, and at present, short sellers hold a 4.88% of that float. On December 18, 2024, the average trading volume of TTC was 748.34K shares.

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TTC) stock’s latest price update

Toro Co (NYSE: TTC)’s stock price has dropped by -3.69 in relation to previous closing price of 85.31. Nevertheless, the company has seen a loss of -7.10% in its stock price over the last five trading days. zacks.com reported 2024-12-18 that Toro (TTC) came out with quarterly earnings of $0.95 per share, missing the Zacks Consensus Estimate of $0.96 per share. This compares to earnings of $0.71 per share a year ago.

TTC’s Market Performance

Toro Co (TTC) has seen a -7.10% fall in stock performance for the week, with a 0.42% gain in the past month and a -3.91% plunge in the past quarter. The volatility ratio for the week is 1.76%, and the volatility levels for the past 30 days are at 1.83% for TTC. The simple moving average for the past 20 days is -4.65% for TTC’s stock, with a -6.42% simple moving average for the past 200 days.

Analysts’ Opinion of TTC

Many brokerage firms have already submitted their reports for TTC stocks, with DA Davidson repeating the rating for TTC by listing it as a “Neutral.” The predicted price for TTC in the upcoming period, according to DA Davidson is $87 based on the research report published on December 05, 2023 of the previous year 2023.

DA Davidson, on the other hand, stated in their research note that they expect to see TTC reach a price target of $117. The rating they have provided for TTC stocks is “Buy” according to the report published on June 22nd, 2023.

CL King gave a rating of “Buy” to TTC, setting the target price at $133 in the report published on May 19th of the previous year.

TTC Trading at -2.37% from the 50-Day Moving Average

After a stumble in the market that brought TTC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -19.45% of loss for the given period.

Volatility was left at 1.83%, however, over the last 30 days, the volatility rate increased by 1.76%, as shares surge +2.18% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.24% lower at present.

During the last 5 trading sessions, TTC fell by -6.63%, which changed the moving average for the period of 200-days by -10.99% in comparison to the 20-day moving average, which settled at $86.19. In addition, Toro Co saw -14.41% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at TTC starting from Olson Richard M, who sale 20,000 shares at the price of $95.19 back on Jun 21 ’24. After this action, Olson Richard M now owns 17,913 shares of Toro Co, valued at $1,903,800 using the latest closing price.

Funk Edric C, the Group VP, Golf, Grounds & Irr of Toro Co, sale 615 shares at $89.57 during a trade that took place back on Mar 15 ’24, which means that Funk Edric C is holding 0 shares at $55,078 based on the most recent closing price.

Stock Fundamentals for TTC

Current profitability levels for the company are sitting at:

  • 0.11 for the present operating margin
  • 0.34 for the gross margin

The net margin for Toro Co stands at 0.09. The total capital return value is set at 0.2. Equity return is now at value 25.65, with 10.91 for asset returns.

Based on Toro Co (TTC), the company’s capital structure generated 0.39 points at debt to capital in total, while cash flow to debt ratio is standing at 0.48. The debt to equity ratio resting at 0.65. The interest coverage ratio of the stock is 16.0.

Currently, EBITDA for the company is 533.3 million with net debt to EBITDA at 1.26. When we switch over and look at the enterprise to sales, we see a ratio of 2.02. The receivables turnover for the company is 9.97for trailing twelve months and the total asset turnover is 1.28. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.94.

Conclusion

To sum up, Toro Co (TTC) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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