Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Toro (TTC) Share Price

Press coverage about Toro (NYSE:TTC) has trended somewhat positive recently, according to Accern Sentiment. The research firm ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Toro earned a news sentiment score of 0.16 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 45.8906137989611 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

These are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:

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Separately, Zacks Investment Research cut shares of Toro from a “buy” rating to a “hold” rating in a research note on Thursday, January 25th. Five equities research analysts have rated the stock with a hold rating, Toro currently has a consensus rating of “Hold” and an average price target of $71.00.

Shares of NYSE TTC opened at $60.51 on Monday. Toro has a fifty-two week low of $58.39 and a fifty-two week high of $73.86. The company has a current ratio of 1.57, a quick ratio of 0.81 and a debt-to-equity ratio of 0.52. The stock has a market cap of $6,471.30, a P/E ratio of 25.11, a P/E/G ratio of 2.27 and a beta of 0.64.

Toro (NYSE:TTC) last issued its quarterly earnings data on Thursday, February 22nd. The company reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.44 by $0.04. Toro had a net margin of 9.67% and a return on equity of 44.59%. The business had revenue of $548.25 million for the quarter, compared to analysts’ expectations of $538.92 million. During the same period in the previous year, the business earned $0.41 earnings per share. The company’s revenue was up 6.3% on a year-over-year basis. analysts predict that Toro will post 2.66 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 18th. Investors of record on Wednesday, April 4th will be paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.32%. The ex-dividend date of this dividend is Tuesday, April 3rd. Toro’s dividend payout ratio is currently 33.20%.

In other Toro news, VP Blake M. Grams sold 8,200 shares of the business’s stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $64.47, for a total value of $528,654.00. Following the sale, the vice president now directly owns 8,200 shares in the company, valued at $528,654. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Richard W. Rodier sold 3,000 shares of the business’s stock in a transaction dated Monday, March 12th. The stock was sold at an average price of $63.27, for a total transaction of $189,810.00. Following the completion of the sale, the vice president now owns 26,122 shares in the company, valued at $1,652,738.94. The disclosure for this sale can be found here. Over the last 90 days, insiders have purchased 87,000 shares of company stock worth $11,910 and have sold 23,200 shares worth $1,465,864. 5.69% of the stock is owned by insiders.

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Toro Company Profile

The Toro Company manufactures and markets turf maintenance equipment and services, turf irrigation systems, landscaping equipment and lighting products, snow and ice management products, agricultural micro-irrigation systems, and residential yard and snow thrower products worldwide. Its Professional segment offers turf and landscape equipment products, such as sports fields and grounds maintenance equipment, golf course mowing and maintenance equipment, landscape contractor mowing equipment, landscape creation and renovation equipment, rental and construction equipment, and other maintenance equipment; snowplows, salt and sand spreaders, and related parts and accessories; and sprinkler heads, electric and hydraulic valves, controllers, computer irrigation central control systems, and micro-irrigation drip tape and hose products, as well as professionally installed lighting products.

Insider Buying and Selling by Quarter for Toro (NYSE:TTC)

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