Toro (TTC) Issues FY18 Earnings Guidance

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.

TRADEMARK VIOLATION NOTICE: “Toro (TTC) Issues FY18 Earnings Guidance” was published by Community Financial News and is the property of of Community Financial News. If you are accessing this report on another site, it was illegally copied and republished in violation of US and international trademark and copyright laws. The original version of this report can be accessed at

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)

What are top analysts saying about Toro Co? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Toro Co and related companies.


Leave a Reply

share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit