Toro (TTC) Updates Q1 Earnings Guidance
Toro (NYSE:TTC) updated its first quarter earnings guidance on Thursday. The company provided earnings per share guidance of $0.42-0.44 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.43. Toro also updated its FY18 guidance to $2.57-2.63 EPS.
A number of brokerages have commented on TTC. Dougherty & Co lowered Toro from a buy rating to a neutral rating in a research report on Friday, August 25th. BidaskClub lowered Toro from a buy rating to a hold rating in a report on Friday, August 25th. Finally, Seaport Global Securities lowered Toro from a buy rating to a neutral rating and set a $67.00 price target for the company. in a report on Friday, August 25th. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock has an average rating of Hold and an average price target of $63.75.
Shares of Toro (TTC) opened at $64.06 on Thursday. The stock has a market capitalization of $7,048.04, a PE ratio of 27.59, a PEG ratio of 2.56 and a beta of 0.62. 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 1-year low of $54.09 and a 1-year high of $73.86.
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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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