For its fourth fiscal quarter (ending October 31), The Toro Co (NYSE: TTC) has reported a -41% decline in E.P.S. from $1.13 a year ago to $0.67 in the current quarter. However, this result exceeded the consensus estimate of $0.56 by $0.11. For the latest four quarters through October 31, E.P.S. were $3.16 compared to $4.23 a year ago — a decline of -25%.
Recent Price Action
The Toro Co (NYSE: TTC) stock closed at $97.21 on 12/20/23 after a very large increase of 8.9%. Moreover, exceptionally high trading volume at 285% of normal accompanied the advance. Relative to the market the stock has been weak over the last nine months but has risen 16.6% during the last week.
Current PriceTarget Research Rating
TTC’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Toro has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Toro has a poor Appreciation Score of 26 and a poor Power Rating of 24, and the Lowest Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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