Toro (TTC) Receives News Sentiment Rating of 0.06
Media headlines about Toro (NYSE:TTC) have been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. The research group rates the sentiment of news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Toro earned a media sentiment score of 0.06 on Accern’s scale. Accern also gave media coverage about the company an impact score of 48.0088179427654 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the headlines that may have impacted Accern Sentiment Analysis’s rankings:
- CORPORATE REPORT: Dollar General; Toro; Duluth – Sarasota Herald-Tribune (heraldtribune.com)
- Toro (TTC) Earnings & Sales Top in Q4, Issues FY18 Outlook – Nasdaq (nasdaq.com)
- Toro’s (TTC) CEO Richard Olson on Q4 2017 Results – Earnings Call Transcript – Seeking Alpha (seekingalpha.com)
- Toro Company (TTC) Q4 2017 Earnings Conference Call Transcript (fool.com)
Several equities analysts have issued reports on the stock. BidaskClub cut shares of Toro from a “buy” rating to a “hold” rating in a research note on Friday, August 25th. Dougherty & Co cut shares of Toro from a “buy” rating to a “neutral” rating in a research note on Friday, August 25th. Finally, Seaport Global Securities cut shares of Toro from a “buy” rating to a “neutral” rating and set a $67.00 price objective on the stock. in a research note on Friday, August 25th. Five research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $63.75.
Toro (NYSE TTC) traded up $0.45 during trading hours on Friday, hitting $65.93. 613,298 shares of the stock were exchanged, compared to its average volume of 517,135. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.10 and a current ratio of 1.74. Toro has a fifty-two week low of $54.78 and a fifty-two week high of $73.86. The firm has a market cap of $7,110.00, a PE ratio of 27.18, a PEG ratio of 2.56 and a beta of 0.62.
Toro (NYSE:TTC) last posted its quarterly earnings results on Thursday, December 7th. The company reported $0.31 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.29 by $0.02. Toro had a net margin of 10.69% and a return on equity of 45.10%. The business had revenue of $488.60 million for the quarter, compared to analysts’ expectations of $491.55 million. During the same period in the prior year, the company posted $0.27 EPS. The business’s revenue for the quarter was up 4.3% on a year-over-year basis. analysts forecast that Toro will post 2.56 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 10th. Stockholders of record on Friday, December 22nd will be paid a dividend of $0.20 per share. The ex-dividend date of this dividend is Thursday, December 21st. This is a boost from Toro’s previous quarterly dividend of $0.18. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.21%. Toro’s dividend payout ratio is 29.05%.
In other news, Director Katherine J. Harless sold 6,000 shares of the company’s stock in a transaction on Friday, September 29th. The shares were sold at an average price of $61.88, for a total transaction of $371,280.00. Following the transaction, the director now directly owns 77,672 shares of the company’s stock, valued at approximately $4,806,343.36. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Over the last ninety days, insiders have sold 56,000 shares of company stock worth $375,780. Corporate insiders own 5.69% of the company’s stock.
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Toro Company Profile
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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