Toro Upgraded by McLean Capital Management to “Buy” (TTC)
Toro (NYSE:TTC) was upgraded by McLean Capital Management from a “neutral” rating to a “buy” rating in a research note issued on Friday, American Banking & Market News reports.
Shares of Toro (NYSE:TTC) traded up 0.50% during mid-day trading on Friday, hitting $65.73. 328,060 shares of the company’s stock traded hands. Toro has a one year low of $43.14 and a one year high of $67.04. The stock’s 50-day moving average is $63.59 and its 200-day moving average is $58.17. The company has a market cap of $3.734 billion and a price-to-earnings ratio of 24.96.
Toro (NYSE:TTC) last announced its earnings results on Thursday, February 20th. The company reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.07. The company had revenue of $446.00 million for the quarter, compared to the consensus estimate of $432.30 million. On average, analysts predict that Toro will post $2.91 earnings per share for the current fiscal year.
The Toro Company (NYSE:TTC) designs, manufactures, and markets professional turf maintenance equipment and services, turf irrigation systems, agricultural micro-irrigation systems, landscaping equipment and lighting, and residential yard and snow removal products.
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