Alert: New Earnings Report (3/7/24)-The Toro Co (NYSE: TTC).

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The Toro Co (NYSE: TTC) has reported E.P.S. of $0.62 for its first fiscal quarter (ending January 31) versus $1.02 for the same period a year ago. For the latest four quarters through January 31, E.P.S. were $2.75 versus $4.59 for the same period a year ago.

Recent Price Action

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The Toro Co (NYSE: TTC) stock suffered a large decline of -5.5% on 3/7/24. The stock closed at $88.54. Moreover, this decline was accompanied by exceptionally high trading volume at 221% of normal. The stock has performed in line with the market over the last nine months and has declined -5.3% during the last week.

Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, TTC is expected to continue to be a major Value Builder.

Toro has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Toro has a slightly negative Power Rating of 37 and a poor Appreciation Score 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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