Baird downgraded Toro from Outperform to Neutral and set a new price target of $116.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/5/2023 | $110.00 → $87.00 | Buy → Neutral | DA Davidson |
| 6/22/2023 | $117.00 | Buy | DA Davidson |
| 5/19/2023 | $133.00 | Buy | CL King |
| 4/17/2023 | $110.00 | Market Perform | Northland Capital |
| 12/23/2022 | $130.00 | Mkt Perform → Outperform | Raymond James |
| 9/6/2022 | Neutral → Buy | Northcoast | |
| 10/27/2021 | $85.00 | Neutral → Underperform | B of A Securities |
| 8/19/2021 | $116.00 | Outperform → Neutral | Robert W. Baird |
The Toro Company (NYSE:TTC), a leading global provider of solutions for the outdoor environment, announced today that it will present at the Baird 2024 Global Industrial Conference on Wednesday, November 13, 2024, at 12:25 p.m. EST. Richard Olson, chairman and chief executive officer, and Angie Drake, chief financial officer, will be attending the conference. The presentation will be webcast and can be accessed on The Toro Company's website at www.thetorocompany.com/invest. To listen to the webcast, visitors are encouraged to go to the website in advance of the presentation to register, and download and install any necessary streaming software. For those unable to listen to the live webca
The Toro Company (NYSE:TTC) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.36 per share of TTC's common stock. This dividend is payable on October 11, 2024, to shareholders of record at the close of business on September 30, 2024. About The Toro Company The Toro Company (NYSE:TTC) is a leading worldwide provider of innovative solutions for the outdoor environment including turf and landscape maintenance, snow and ice management, underground utility construction, rental and specialty construction, and irrigation and outdoor lighting solutions. With net sales of $4.55 billion in fiscal 2023, The Toro Company's global presence extends to more
Net Sales Growth Driven by Residential Mass Channel, Golf and Grounds, and Underground Construction Increased Macro Caution in July Drove Lower-Than-Expected Lawn Care Shipments to Dealers Significant Progress Made in Reducing Dealer Field Inventories of Lawn Care Products Third-quarter net sales of $1.16 billion, up 6.9% from $1.08 billion in the same period of fiscal 2023 Third-quarter reported diluted EPS of $1.14, up from $(0.14) in the same period of fiscal 2023 Third-quarter *adjusted diluted EPS of $1.18, up 24.2% from $0.95 in the same period of fiscal 2023 Revises full-year *adjusted diluted EPS guidance to a range of $4.15 to $4.20 The Toro Company (NYSE:TTC), a
Griffon Corporation (NYSE:GFF) (the "Company" or "Griffon") announced that its subsidiary, The AMES Companies, Inc., ("AMES") acquired Pope, a leading Australian provider of residential watering products, from The Toro Company (NYSE:TTC). This is AMES's seventh acquisition in Australia since 2013, and further expands AMES's product portfolio in the Australian market. Pope is expected to contribute approximately $25 million in annualized revenue and be accretive to Griffon's earnings in the first full year of ownership. Financial terms of the transaction were not disclosed.
Baird analyst Timothy Wojs maintains Toro (NYSE:TTC) with a Neutral and raises the price target from $90 to $100.
Wall Street experienced a relatively quiet day on Thursday, with major indices trading within tight ranges as investors remain cautious ahead of the highly anticipated May jobs report, set for release Friday. After driving the broader stock market to record highs on Wednesday, chipmakers saw a slight pullback. Nvidia Corp. (NASDAQ:NVDA) dipped 3% as of 1 p.m. in New York. In regulatory news, the U.S. Justice Department and the Federal Trade Commission have agreed to proceed with antitrust investigations into the dominant roles of Microsoft Corp. (NYSE:MSFT), OpenAI and Nvidia in the artificial intelligence industry, as reported by Reuters. On the macroeconomic front, initial jobless
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Angela C. Drake elected Chief Financial Officer succeeding Peterson The Toro Company (NYSE:TTC) today announced that Renee J. Peterson, vice president and chief financial officer, plans to retire in July 2023. Angela C. Drake, who currently serves as TTC's vice president, finance will succeed Peterson as vice president and chief financial officer, effective March 10, 2023. Peterson will continue to serve the organization as vice president, finance to assist with the transition in the coming months and provide ongoing leadership for key enterprise and finance initiatives. "Throughout her tenure, Renee's leadership and strategic insight has helped The Toro Company achieve sustainable growth
BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company (NYSE: TTC) today announced that its board of directors has declared a regular quarterly cash dividend of $0.2625 per share, a 5 percent increase from its previous quarterly dividend rate of $0.25 per share. This dividend is payable on January 13, 2021, to shareholders of record on December 22, 2020. About The Toro Company The Toro Company (NYSE: TTC) is a leading worldwide provider of innovative solutions for the outdoor environment including turf and landscape maintenance, snow and ice management, underground utility construction, rental and specialty construction, and irrigation and outdoor lighting solutions. With sales of
DA Davidson downgraded Toro from Buy to Neutral and set a new price target of $87.00 from $110.00 previously
DA Davidson initiated coverage of Toro with a rating of Buy and set a new price target of $117.00
CL King initiated coverage of Toro with a rating of Buy and set a new price target of $133.00
The Toro Company (NYSE:TTC) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.36 per share of TTC's common stock. This dividend is payable on October 11, 2024, to shareholders of record at the close of business on September 30, 2024. About The Toro Company The Toro Company (NYSE:TTC) is a leading worldwide provider of innovative solutions for the outdoor environment including turf and landscape maintenance, snow and ice management, underground utility construction, rental and specialty construction, and irrigation and outdoor lighting solutions. With net sales of $4.55 billion in fiscal 2023, The Toro Company's global presence extends to more
Net Sales Growth Driven by Residential Mass Channel, Golf and Grounds, and Underground Construction Increased Macro Caution in July Drove Lower-Than-Expected Lawn Care Shipments to Dealers Significant Progress Made in Reducing Dealer Field Inventories of Lawn Care Products Third-quarter net sales of $1.16 billion, up 6.9% from $1.08 billion in the same period of fiscal 2023 Third-quarter reported diluted EPS of $1.14, up from $(0.14) in the same period of fiscal 2023 Third-quarter *adjusted diluted EPS of $1.18, up 24.2% from $0.95 in the same period of fiscal 2023 Revises full-year *adjusted diluted EPS guidance to a range of $4.15 to $4.20 The Toro Company (NYSE:TTC), a
The Toro Company (NYSE:TTC), a leading global provider of solutions for the outdoor environment, announced today that it will release its fiscal 2024 third quarter results on Thursday, September 5, at approximately 7:30 a.m. CDT. The full text of The Toro Company's earnings release will be available at that time at www.thetorocompany.com/invest. The company will also hold an earnings conference call at 10 a.m. CDT that day. A live, listen-only webcast of the earnings conference call will be available at www.thetorocompany.com/invest. Visitors are encouraged to go to the website in advance of the call to register, and download and install any necessary audio software. A replay will be avai