TTC Stock Summary and Trading Ideas (Toro Company | NYSE:TTC)

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 December 30, 2024, TTC stock price declined to $80.17 with 565,893 million shares trading.

TTC has a beta of 1.23, meaning it tends to be more sensitive to market movements. TTC has a correlation of 0.22 to the broad based SPY ETF.

TTC has a market cap of $8.11 billion. This is considered a Mid Cap stock.

Last quarter Toro Company reported $1 billion in Revenue and $.95 earnings per share. This fell short of revenue expectation by $-14 million and met earnings estimates .

In the last 3 years, TTC traded as high as $117.66 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 price return of -16.8% while the SPY ETF gained +24.9%. TTC has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -6.2% and -8.8%, respectively, while the SPY returned +3.3% and -2.3%, respectively.

TTC support price is $79.92 and resistance is $82.14 (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 shares will trade within this expected range on the day.