The Toro Company (NYSE:TTC) 6.08% Above Its 52-Week Low, But Can It Keep Rising? – Marketing Sentinel
Home  »  Company   »  The Toro Company (NYSE:TTC) 6.08% Above Its 52-Wee...

The Toro Company (NYSE:TTC) 6.08% Above Its 52-Week Low, But Can It Keep Rising?

In last trading session, The Toro Company (NYSE:TTC) saw 0.66 million shares changing hands with its beta currently measuring 0.75. Company’s recent per share price level of $98.62 trading at -$0.43 or -0.43% at ring of the bell on the day assigns it a market valuation of $10.40B. That closing price of TTC’s stock is at a discount of -19.78% from its 52-week high price of $118.13 and is indicating a premium of 6.08% from its 52-week low price of $92.62. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.39 million shares which gives us an average trading volume of 414.01K if we extend that period to 3-months.

For The Toro Company (TTC), analysts’ consensus is at an average recommendation of a Hold while assigning it a mean rating of 3.10. Splitting up the data highlights that, out of 5 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 4 suggested the stock as a Hold whereas 0 see the stock as a Buy. 1 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0.63 in the current quarter.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free.


The Toro Company (NYSE:TTC) trade information

Upright in the red during last session for losing -0.43%, in the last five days TTC remained trading in the green while hitting it’s week-highest on Wednesday, 01/12/22 when the stock touched $98.62 price level, adding 2.25% to its value on the day. The Toro Company’s shares saw a change of -1.29% in year-to-date performance and have moved 1.15% in past 5-day. The Toro Company (NYSE:TTC) showed a performance of 0.60% in past 30-days. Number of shares sold short was 1.51 million shares which calculate 3.66 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of $102.50 to the stock, which implies a rise of 3.79% to its current value. Analysts have been projecting $85.00 as a low price target for the stock while placing it at a high target of $120.00. It follows that stock’s current price would drop -21.68% in reaching the projected high whereas dropping to the targeted low would mean a gain of 13.81% for stock’s current value.

The Toro Company (TTC) estimates and forecasts

Statistics highlight that The Toro Company is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -10.35% of value to its shares in past 6 months, showing an annual growth rate of 7.18% while that of industry is 15.40. Apart from that, the company came raising its revenue forecast for fiscal year 2022. The company is estimating its revenue growth to decrease by -25.90% in the current quarter and calculating 3.10% increase in the next quarter. This year revenue growth is estimated to rise 9.50% from the last financial year’s standing.

4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $957.46 million for the same. And 4 analysts are in estimates of company making revenue of $1.29 billion in the next quarter that will end on Apr 2022.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 12.90% during past 5 years. In 2022, company’s earnings growth rate is likely to be around 24.50% while estimates for its earnings growth in next 5 years are of 8.70%.

TTC Dividends

The Toro Company is more likely to be releasing its next quarterly report between March 02 and March 07 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 1.22%, the share has a forward dividend of 1.20 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 1.17%.

The Toro Company (NYSE:TTC)’s Major holders

Insiders are in possession of 0.39% of company’s total shares while institution are holding 85.76 percent of that, with stock having share float percentage of 86.09%. Investors also watch the number of corporate investors in a company very closely, which is 85.76% institutions for The Toro Company that are currently holding shares of the company. Vanguard Group, Inc. (The) is the top institutional holder at TTC for having 10.58 million shares of worth $1.03 billion. And as of Sep 29, 2021, it was holding 10.13% of the company’s outstanding shares.

The second largest institutional holder is Blackrock Inc., which was holding about 8.98 million shares on Sep 29, 2021. The number of shares represents firm’s hold over 8.59% of outstanding shares, having a total worth of $874.65 million.

>> 7 Top Picks for the Post-Pandemic Economy <<

On the other hand, Price (T.Rowe) New Horizons Fund and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 29, 2021, the former fund manager was holding 4.42 million shares of worth $430.46 million or 4.23% of the total outstanding shares. The later fund manager was in possession of 3.01 million shares on Sep 29, 2021, making its stake of worth around $292.93 million in the company or a holder of 2.88% of company’s stock.

Leave a Comment

Your email address will not be published. Required fields are marked *

On Key

Related Posts



Download Free eBook For



100% free. stop anytime no spam