Toro (NYSE:TTC) issued an update on its FY18 earnings guidance on Thursday morning. The company provided EPS guidance of $2.57-2.63 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.56. The company issued revenue guidance of $2.61 billion, compared to the consensus revenue estimate of $2.65 billion.Toro also updated its Q1 guidance to $0.42-0.44 EPS.

Toro (NYSE:TTC) opened at $64.06 on Thursday. Toro has a 52 week low of $54.09 and a 52 week high of $73.86. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.10 and a current ratio of 1.74. The firm has a market capitalization of $7,048.04, a P/E ratio of 27.59, a PEG ratio of 2.56 and a beta of 0.62.

A number of equities analysts have commented on TTC shares. Dougherty & Co lowered Toro from a buy rating to a neutral rating in a research note on Friday, August 25th. Seaport Global Securities downgraded Toro from a buy rating to a neutral rating and set a $67.00 target price on the stock. in a report on Friday, August 25th. Finally, BidaskClub raised Toro from a hold rating to a buy rating in a report on Thursday, August 10th. Five analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The stock presently has a consensus rating of Hold and an average target price of $63.75.

In related news, Director Katherine J. Harless sold 6,000 shares of the firm’s stock in a transaction on Friday, September 29th. The stock was sold at an average price of $61.88, for a total transaction of $371,280.00. Following the sale, the director now owns 77,672 shares of the company’s stock, valued at approximately $4,806,343.36. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In the last three months, insiders have sold 56,000 shares of company stock worth $375,780. 5.69% of the stock is currently owned by company insiders.

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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.

Earnings History and Estimates for Toro (NYSE:TTC)

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