Toro Company Stock News

The Toro Company (TTC 1.55%) states that its purpose is to "help our customers enrich the beauty, productivity, and sustainability of the land." Its sales range from mowers and turf maintenance equipment to irrigation solutions, underground construction equipment, and snow and ice management products.

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company to Announce Fiscal 2024 Full-Year Results.

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company to Present at the Baird 2024 Global Industrial Conference.

The Toro Company has a long history of attractive growth and a shareholder friendly policy. Since inception, it has grown by nearly 8,500% or at a CAGR of 13.7%. An improvement in the FCF/share figure has triggered a Strong Buy rating from our valuation model. Recently there has been some stagnation in Toro's top-line revenue growth and ROIC, adding a "cautious" opinion to our Strong Buy rating.

Toro's stock remains in the $80-100 range due to unimpressive earnings and lowered guidance, with negligible growth expected in the near term. The company is making progress in dealer channel destocking and improving free cash flow, enabling debt reduction and share buybacks. Despite a slight improvement in 3Q EPS, Toro's FY 2024 guidance was revised down, with minimal sales growth and slightly...

The Toro Company (NYSE:TTC ) Q3 2024 Results Conference Call September 5, 2024 11:00 AM ET Company Participants Julie Kerekes - Treasurer and Senior Managing Director of Global Tax and Investor Relations Rick Olson - Chairman and Chief Executive Officer Angie Drake - Vice President and Chief Financial Officer Jeremy Steffan - Director of Investor Relations Conference Call Participants Tim Wojs ...

Weakness in residential lawn care dragged Toro's quarterly results down. The company is seeing strength in its professional segments.

Toro Company (TTC) shares sank Thursday as the manufacturer of lawn mowers and snowblowers reported worse-than-expected results and guidance on falling demand for its products amid what Chief Executive Officer (CEO) Richard Olson called a "very dynamic environment."