Toro Co (NYSE: TTC)’s stock price has increased by 0.40 compared to its previous closing price of 84.23. However, the company has seen a -2.29% decrease in its stock price over the last five trading sessions. prnewswire.com reported 2025-01-03 that PLEASANTON, Calif., Jan. 3, 2025 /PRNewswire/ — Simpson Manufacturing Co., Inc. (the “Company”) (NYSE: SSD), an industry leader in engineered structural connectors and building solutions, today announced the Company’s Board of Directors (the “Board”) has appointed Angela Drake as an independent director of the Company, effective on January 1, 2025.
Is It Worth Investing in Toro Co (NYSE: TTC) Right Now?
Toro Co (NYSE: TTC) has a higher price-to-earnings ratio of 21.01x compared to its average ratio. TTC has 36-month beta value of 0.72. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 2 as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for TTC is 100.83M, and currently, short sellers hold a 4.63% ratio of that float. The average trading volume of TTC on January 31, 2025 was 745.12K shares.
TTC’s Market Performance
TTC stock saw an increase of -2.29% in the past week, with a monthly gain of 4.37% and a quarterly increase of 3.53%. The volatility ratio for the week is 1.79%, and the volatility levels for the last 30 days are 2.16% for Toro Co (TTC). The simple moving average for the last 20 days is 2.57% for TTC stock, with a simple moving average of -2.65% for the last 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 1.12% 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 -16.21% of loss for the given period.
Volatility was left at 2.16%, however, over the last 30 days, the volatility rate increased by 1.79%, as shares surge +5.49% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.01% upper at present.
During the last 5 trading sessions, TTC fell by -2.29%, which changed the moving average for the period of 200-days by -1.40% in comparison to the 20-day moving average, which settled at $82.45. In addition, Toro Co saw 5.58% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TTC starting from Funk Edric C, who purchase 300 shares at the price of $81.48 back on Dec 20 ’24. After this action, Funk Edric C now owns 280 shares of Toro Co, valued at $24,444 using the latest closing price.
Olson Richard M, the Chairman & CEO of Toro Co, sale 20,000 shares at $95.19 during a trade that took place back on Jun 21 ’24, which means that Olson Richard M is holding 17,913 shares at $1,903,800 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 27.35, with 11.59 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 0.56. The debt to equity ratio resting at 0.65. The interest coverage ratio of the stock is 8.5.
Currently, EBITDA for the company is 702.9 million with net debt to EBITDA at 1.17. When we switch over and look at the enterprise to sales, we see a ratio of 2.05. 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 1.81.
Conclusion
To put it simply, Toro Co (TTC) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.
