Toro (NYSE:TTC) Stock Rating Upgraded by Wall Street Zen

Toro (NYSE:TTC) was upgraded by investment analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a note issued to investors on Saturday.

A number of other equities analysts also recently commented on TTC. Zacks Research raised Toro from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 20th. Robert W. Baird set a $84.00 price target on shares of Toro in a research note on Tuesday, December 16th. Three research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $92.20.

Toro Price Performance

Toro stock opened at $100.07 on Friday. The firm has a market cap of $9.80 billion, a PE ratio of 31.57 and a beta of 0.82. Toro has a 52-week low of $62.34 and a 52-week high of $101.08. The company has a quick ratio of 0.86, a current ratio of 1.87 and a debt-to-equity ratio of 0.63. The company’s 50 day moving average is $85.59 and its two-hundred day moving average is $78.97.

Toro (NYSE:TTC) last posted its quarterly earnings results on Wednesday, December 17th. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.86 by $0.05. The business had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.05 billion. Toro had a net margin of 7.01% and a return on equity of 28.90%. The company’s quarterly revenue was down .9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.95 earnings per share. Toro has set its FY 2026 guidance at 4.350-4.50 EPS. On average, research analysts expect that Toro will post 4.41 EPS for the current fiscal year.

Institutional Investors Weigh In On Toro

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Davis Capital Management purchased a new position in shares of Toro during the third quarter worth about $42,000. Danske Bank A S acquired a new stake in shares of Toro in the 3rd quarter valued at about $46,000. MTM Investment Management LLC purchased a new position in Toro during the 2nd quarter worth approximately $85,000. Quent Capital LLC acquired a new position in Toro during the third quarter worth approximately $97,000. Finally, Harvest Fund Management Co. Ltd purchased a new stake in Toro in the third quarter valued at approximately $119,000. 87.95% of the stock is owned by hedge funds and other institutional investors.

Toro Company Profile

The Toro Company (NYSE: TTC) specializes in the design, manufacture and marketing of a broad range of outdoor environment equipment for residential, commercial and professional markets. Its product portfolio includes lawn mowers, utility vehicles, snow throwers, irrigation systems and landscape maintenance equipment. Toro’s offerings span walk-behind and ride-on mowers, zero-turn radius mowers, snow blowers, sprinklers, drip irrigation products, spreaders and specialty turf maintenance machines tailored to golf courses, sports fields and municipal parks.

Founded in 1914 and headquartered in Bloomington, Minnesota, Toro has built a century-long legacy of innovation in the grounds-care industry.