Media headlines about Toro (NYSE:TTC) have been trending somewhat positive on Saturday, according to Accern. Accern rates the sentiment of news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Toro earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 46.003959446698 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the media headlines that may have effected Accern Sentiment Analysis’s analysis:
- Toro (TTC) Announces Quarterly Earnings Results (americanbankingnews.com)
- Toro (TTC) Releases Q2 Earnings Guidance (americanbankingnews.com)
- Toro (TTC) Releases FY18 Earnings Guidance (americanbankingnews.com)
- Toro beats Street 1Q forecasts (finance.yahoo.com)
Separately, Zacks Investment Research cut Toro from a “buy” rating to a “hold” rating in a report on Thursday, January 25th. Five analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Toro currently has a consensus rating of “Hold” and an average target price of $69.00.
Toro (NYSE TTC) traded up $1.38 during trading hours on Friday, reaching $63.79. The company’s stock had a trading volume of 819,266 shares, compared to its average volume of 536,791. The company has a quick ratio of 1.02, a current ratio of 1.57 and a debt-to-equity ratio of 0.52. Toro has a one year low of $58.39 and a one year high of $73.86. The firm has a market capitalization of $6,686.76, a PE ratio of 28.86, a price-to-earnings-growth ratio of 2.38 and a beta of 0.60.
Toro (NYSE:TTC) last posted its quarterly earnings data on Thursday, February 22nd. The company reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.44 by $0.04. Toro had a return on equity of 44.59% and a net margin of 9.67%. The business had revenue of $548.25 million for the quarter, compared to analyst estimates of $538.92 million. During the same quarter in the prior year, the company earned $0.41 earnings per share. The company’s revenue was up 6.3% on a year-over-year basis. equities analysts predict that Toro will post 2.62 earnings per share for the current fiscal year.
In related news, VP Timothy P. Dordell sold 46,000 shares of the stock in a transaction on Friday, January 5th. The stock was sold at an average price of $66.07, for a total value of $3,039,220.00. Following the transaction, the vice president now owns 24,225 shares of the company’s stock, valued at $1,600,545.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Bradley A. Hamilton sold 2,000 shares of the stock in a transaction on Thursday, December 28th. The shares were sold at an average price of $65.33, for a total value of $130,660.00. Following the completion of the transaction, the vice president now directly owns 3,851 shares in the company, valued at approximately $251,585.83. The disclosure for this sale can be found here. Insiders sold 73,000 shares of company stock worth $4,814,630 in the last three months. 5.69% of the stock is currently owned by corporate insiders.
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The Toro Company (Toro) is engaged in the designing, manufacturing, and marketing of professional turf maintenance equipment and services, turf irrigation systems, landscaping equipment and lighting products, snow and ice management products, agricultural micro-irrigation systems, rental and specialty construction equipment, and residential yard and snow thrower products.
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