27-Mar-2024
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The Toro Company Declares Regular Quarterly Cash Dividend
Business Wire (Tue, 19-Mar 2:57 PM ET)
The Toro Company Reports Results for the First Quarter of Fiscal 2024
Business Wire (Thu, 7-Mar 8:30 AM ET)
The Toro Company to Announce Fiscal 2024 First Quarter Results
Business Wire (Wed, 7-Feb 4:15 PM ET)
The Toro Company Named to Fortune's List of World's Most Admired Companies
Business Wire (Tue, 6-Feb 8:30 AM ET)
Toro Transpira Wins 2023 New Product of the Year
Business Wire (Fri, 26-Jan 8:00 AM ET)
The Toro Co manufactures turf maintenance and landscaping equipment. The company produces reel and rotary riding products, trim cutting and walking mowers, greens rollers, turf sprayer equipment, underground irrigation systems, heavy-duty walk-behind mowers, and sprinkler systems used for professional turf and landscape maintenance and construction. Its products are marketed through a network of distributors and dealers to predominantly professional users maintaining turfs and sports fields such as golf courses. Its operating segments are Professional which generates a substantial part of its revenue, and Residential segment. The company also produces snow plowers and ice management products. Its key revenue generating market is the United States.
Toro Company trades on the NYSE stock market under the symbol TTC.
As of March 27, 2024, TTC stock price climbed to $90.10 with 523,126 million shares trading.
TTC has a beta of 1.25, meaning it tends to be more sensitive to market movements. TTC has a correlation of 0.19 to the broad based SPY ETF.
TTC has a market cap of $9.41 billion. This is considered a Mid Cap stock.
Last quarter Toro Company reported $1 billion in Revenue and $.64 earnings per share. This beat revenue expectation by $2 million and missed earnings estimates by -$.02.
In the last 3 years, TTC stock traded as high as $118.13 and as low as $71.86.
The top ETF exchange traded funds that TTC belongs to (by Net Assets): VTI, IJH, VB, VXF, VBK.
TTC has underperformed the market in the last year with a return of -15.1%, while the SPY ETF gained +33.9%. In the last 3 month period, TTC fell short of the market, returning -9.5%, while SPY returned +10.3%. However, in the most recent 2 weeks TTC has outperformed the stock market by returning +2.2%, while SPY returned +1.5%.
TTC support price is $87.89 and resistance is $90.49 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TTC stock will trade within this expected range on the day.