Market Summary
USD109.78-0.31
Market Closed-0.28%
TTC Stock Price
TTC RSI Chart
TTC Valuation
TTC Price/Sales (Trailing)
TTC Profitability
TTC Fundamentals
TTC Revenue
TTC Earnings
Price Action
52 Week Range
71.86117.66
(Low)(High)
Last 7 days
0.3%
Last 30 days
-3.0%
Last 90 days
2.8%
Trailing 12 Months
17.5%
TTC Financial Health
TTC Investor Care
Peers (Alternatives to Toro)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
DE | 127.2B | 52.6B | -2.52% | 11.92% | 17.83 | 2.42 | 19.43% | 19.59% |
CMI | 35.1B | 26.2B | 3.06% | 14.00% | 18.1 | 1.34 | 8.97% | -14.39% |
DOV | 20.7B | 8.4B | 8.78% | -13.46% | 17.74 | 2.47 | 8.57% | 23.48% |
TTC | 11.4B | 4.5B | -2.98% | 17.51% | 25.74 | 2.56 | 11.46% | 8.16% |
AGCO | 10.4B | 11.9B | 1.73% | 28.00% | 12.19 | 0.87 | 11.28% | 13.22% |
| MID-CAP | ||||||||
PNR | 8.5B | 4.1B | 17.22% | -14.95% | 15.86 | 2.06 | 14.99% | 5.38% |
LECO | 8.1B | - | 14.84% | 31.77% | 18.58 | 2.21 | 19.16% | 63.71% |
JBT | 3.5B | 2.1B | 23.79% | -16.85% | 27.91 | 1.69 | 14.05% | 6.76% |
TEX | 3.4B | 4.2B | 19.05% | 23.10% | 12.79 | 0.81 | 13.76% | 48.28% |
KMT | 2.3B | 2.0B | 16.69% | -14.91% | 16.65 | 1.12 | 5.15% | 21.65% |
| SMALL-CAP | ||||||||
ALG | 1.8B | 1.5B | 9.00% | 9.80% | 19.95 | 1.25 | 13.88% | 33.13% |
LNN | 1.8B | 770.7M | -6.21% | 27.53% | 27.58 | 2.34 | 35.78% | 53.78% |
CMCO | 1.0B | 921.5M | 10.95% | -16.83% | 22.88 | 1.1 | 16.66% | 83.36% |
HY | 533.5M | - | 27.81% | -22.43% | -2.88 | 0.15 | 15.02% | -226.86% |
ARTW | 9.7M | 28.3M | 36.22% | -21.74% | 41.49 | 0.36 | 22.07% | 165.12% |
Financials for Toro
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q3 | 2021Q2 |
| Revenue | 5.8% | 4,457 | 4,212 | 4,078 | 3,999 | 3,817 |
| Gross Profit | 5.2% | 1,395 | 1,326 | 1,324 | - | - |
| S&GA Expenses | 3.2% | 896 | 868 | 855 | - | - |
| EBITDA | 3.1% | 584 | 567 | - | - | - |
| EBITDA Margin | -4.7% | 0.13* | 0.14* | - | - | - |
| Earnings Before Taxes | 9.0% | 479 | 439 | 451 | - | - |
| EBT Margin | 0.8% | 0.11* | 0.11* | - | - | - |
| Interest Expenses | 7.5% | 31 | 29 | 28 | - | - |
| Net Income | 8.1% | 386 | 357 | 368 | - | - |
| Net Income Margin | -0.1% | 0.09* | 0.09* | - | - | - |
| Free Cahsflow | -39.1% | 101 | 166 | - | - | - |
* denotes actual numbers (not divided by Millions)
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | 3.4% | 3,556 | 3,440 | 3,479 | 3,253 | 2,936 |
| Current Assets | 4.4% | 1,675 | 1,604 | 1,664 | 1,437 | 1,489 |
| Cash Equivalents | -18.7% | 188 | 232 | 263 | 193 | 406 |
| Inventory | 11.9% | 1,051 | 939 | 892 | 832 | 738 |
| Net PPE | 7.5% | 572 | 532 | 512 | 508 | 488 |
| Goodwill | -0.1% | 583 | 584 | 581 | 577 | 422 |
| Current Liabilities | 5.2% | 1,064 | 1,011 | 1,111 | 986 | 937 |
| Long Term Debt | -3.2% | 1,056 | 1,091 | 1,091 | 691 | - |
| LT Debt, Current | -35.0% | 65 | 100 | 100 | - | - |
| LT Debt, Non Current | 0.0% | 991 | 991 | 991 | 991 | 691 |
| Shareholder's Equity | 5.1% | 1,352 | 1,287 | 1,224 | 1,120 | 1,151 |
| Retained Earnings | 5.5% | 1,281 | 1,214 | 1,147 | 1,041 | 1,072 |
| Shares Outstanding | -0.2% | 104 | 104 | 105 | 105 | 105 |
* denotes actual numbers (not divided by Millions)
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | 27.6% | 297 | 233 | 280 | 370 | 555 |
| Share Based Compensation | -2.7% | 22 | 23 | 23 | 23 | 22 |
| Cashflow From Investing | -1.8% | -548.25 | -538.34 | -517.85 | -539.74 | -128.45 |
| Cashflow From Financing | 312.3% | 42 | 10 | 13 | -67.36 | -503.65 |
| Dividend Payments | 2.9% | 126 | 122 | 119 | 115 | 112 |
| Buy Backs | -40.5% | 140 | 235 | 270 | 346 | 302 |
Risks for TTC
What is the probability of a big loss on TTC?
37.7%
Probability that Toro stock will be more than 20% underwater in next one year
24.2%
Probability that Toro stock will be more than 30% underwater in next one year.
0%
Probability that Toro stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does TTC drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Toro was unfortunately bought at previous high price.
Drawdowns
Returns for TTC
Cumulative Returns on TTC
18.8%
10-Year Cumulative Returns
18.1%
7-Year Cumulative Returns
11.6%
5-Year Cumulative Returns
11.7%
3-Year Cumulative Returns
What are the long-term rolling returns for TTC?
FIve years rolling returns for Toro.
Annualized Returns
Which funds bought or sold TTC recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-01-26 | COMERICA BANK | reduced | -3.48 | 605,000 | 5,740,000 | 0.04% |
2023-01-26 | DUPONT CAPITAL MANAGEMENT CORP | reduced | -42.95 | -741,127 | 2,184,870 | 0.10% |
2023-01-26 | Safeguard Investment Advisory Group, LLC | added | 0.36 | 105,620 | 442,620 | 0.27% |
2023-01-26 | Vigilant Capital Management, LLC | unchanged | - | 1,000 | 5,000 | -% |
2023-01-26 | Accel Wealth Management | reduced | -1.81 | 39,939 | 233,939 | 0.11% |
2023-01-26 | OREGON PUBLIC EMPLOYEES RETIREMENT FUND | added | 0.3 | 824,656 | 3,461,660 | 0.04% |
2023-01-26 | Eagle Bay Advisors LLC | reduced | -1.94 | 21,352 | 97,352 | 0.06% |
2023-01-26 | STRS OHIO | new | - | 1,709,000 | 1,709,000 | 0.01% |
2023-01-26 | Yorktown Management & Research Co Inc | unchanged | - | 85,240 | 362,240 | 0.44% |
2023-01-26 | Regent Investment Management LLC | unchanged | - | 680,000 | 2,884,000 | 0.77% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Toro News
Schedule 13G FIlings of Toro
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Jan 25, 2023 | blackrock inc. | 9.0% | 9,331,589 | SC 13G/A | |
| Feb 14, 2022 | select equity group, l.p. | 4.4% | 4,626,911 | SC 13G/A | |
| Feb 14, 2022 | price t rowe associates inc /md/ | 5.9% | 6,246,264 | SC 13G | |
| Feb 10, 2022 | vanguard group inc | 10.12% | 10,570,538 | SC 13G/A | |
| Feb 01, 2022 | blackrock inc. | 8.5% | 8,906,421 | SC 13G/A | |
| Jun 10, 2021 | vanguard group inc | 10.08% | 10,794,085 | SC 13G/A | |
| Feb 16, 2021 | price t rowe associates inc /md/ | 4.2% | 4,538,116 | SC 13G/A | |
| Feb 12, 2021 | select equity group, l.p. | 5.52% | 5,936,672 | SC 13G | |
| Feb 10, 2021 | vanguard group inc | 9.73% | 10,471,249 | SC 13G/A | |
| Feb 01, 2021 | blackrock inc. | 8.8% | 9,491,451 | SC 13G/A |
TTC Fair Value
Recent SEC filings of Toro
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Jan 25, 2023 | 8-K | Current Report | |
| Jan 25, 2023 | SC 13G/A | Major Ownership Report | |
| Jan 18, 2023 | 4 | Insider Trading | |
| Jan 13, 2023 | 4 | Insider Trading | |
| Jan 13, 2023 | 4 | Insider Trading | |
| Jan 12, 2023 | 4 | Insider Trading | |
| Jan 12, 2023 | 4 | Insider Trading | |
| Jan 10, 2023 | 4 | Insider Trading | |
| Jan 10, 2023 | 4 | Insider Trading | |
| Jan 10, 2023 | 4 | Insider Trading |
Latest Insider Trading transactions for TTC
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-01-13 | HARLESS KATHERINE J | acquired | - | - | 1,064 | - |
2023-01-13 | HARLESS KATHERINE J | back to issuer | - | - | -1,064.31 | - |
2023-01-11 | JANEY GREGORY S | sold | -187,955 | 115.31 | -1,630 | group vp, contractor & res |
2023-01-11 | JANEY GREGORY S | acquired | 48,492.5 | 29.75 | 1,630 | group vp, contractor & res |
2023-01-10 | MOELLER PETER D | acquired | 16,692.6 | 38.82 | 430 | vp, international |
2023-01-10 | MOELLER PETER D | sold | -50,145.3 | 116.617 | -430 | vp, international |
2023-01-10 | DAHL AMY E | acquired | 66,342.5 | 29.75 | 2,230 | vp, gc and corporate secretary |
2023-01-10 | DAHL AMY E | sold | -518,042 | 116.153 | -4,460 | vp, gc and corporate secretary |
2023-01-06 | COOPER JANET KATHERINE | acquired | 189,781 | 37.67 | 5,038 | - |
2023-01-06 | COOPER JANET KATHERINE | sold | -574,332 | 114 | -5,038 | - |
The Toro Company engages in the designing, manufacturing, marketing, and selling professional and residential equipment worldwide. The company's Professional segment offers turf and landscape equipment products, including sports fields and grounds mowing and maintenance equipment, golf course mowing and maintenance equipment, landscape contractor mowing equipment, landscape creation and renovation equipment, and other maintenance equipment; rental, specialty, and underground construction equipment; and snow and ice management equipment, such as snowplows, brush, snow thrower attachment, salt and sand spreaders, and related parts and accessories for light and medium duty trucks, utility task vehicles, skid steers, and front-end loaders. It also provides irrigation and lighting products that consist of sprinkler heads, electric and hydraulic valves, controllers, computer irrigation central control systems, coupling systems, and ag-irrigation drip tape and hose products, as well as professionally installed landscape lighting products offered through distributors and landscape contractors. This segment sells its products primarily through a network of distributors and dealers to professional users engaged in maintaining golf courses, sports fields, municipal properties, agricultural fields, residential and commercial landscapes, and removing snow and ice, as well as directly to government customers, rental companies, and retailers. Its Residential segment provides walk power mowers, zero-turn riding mowers, snow throwers, replacement parts, and home solution products that include grass and hedge trimmers, leaf blowers, blower-vacuums, chainsaws, string trimmers, hoses, and hose-end retail irrigation products. This segment sells its products to homeowners through a network of distributors and dealers; and home centers, hardware retailers, and mass retailers, as well as online. The Toro Company was founded in 1914 and is headquartered in Bloomington, Minnesota.
TTC Income Statement
2022-10-31Consolidated Statements of Earnings - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||
|---|---|---|---|
Oct. 31, 2022 | Oct. 31, 2021 | Oct. 31, 2020 | |
| Income Statement [Abstract] | |||
| Net sales | $ 4,514,662 | $ 3,959,584 | $ 3,378,810 |
| Cost of sales | 3,010,066 | 2,621,092 | 2,189,036 |
| Gross profit | 1,504,596 | 1,338,492 | 1,189,774 |
| Selling, general and administrative expense | 928,933 | 820,212 | 763,417 |
| Operating earnings | 575,663 | 518,280 | 426,357 |
| Interest expense | (35,738) | (28,659) | (33,156) |
| Other income, net | 12,621 | 10,197 | 13,869 |
| Earnings before income taxes | 552,546 | 499,818 | 407,070 |
| Provision for income taxes | 109,204 | 89,938 | 77,369 |
| Net earnings | $ 443,342 | $ 409,880 | $ 329,701 |
| Basic net earnings per share of common stock (in dollars per share) | $ 4.23 | $ 3.82 | $ 3.06 |
| Diluted net earnings per share of common stock (in dollars per share) | $ 4.20 | $ 3.78 | $ 3.03 |
| Weighted-average number of shares of common stock outstanding – Basic (in shares) | 104,822 | 107,341 | 107,658 |
| Weighted-average number of shares of common stock outstanding – Diluted (in shares) | 105,649 | 108,473 | 108,663 |
TTC Balance Sheet
2022-10-31Consolidated Balance Sheets - USD ($) $ in Thousands | Oct. 31, 2022 | Oct. 31, 2021 |
|---|---|---|
| ASSETS | ||
| Cash and cash equivalents | $ 188,250 | $ 405,612 |
| Receivables, net: | ||
| Customers, net of allowances (2022 - $3,343; 2021 - $3,056) | 290,002 | 252,757 |
| Receivables from finance affiliate | 17,694 | 30,981 |
| Other | 25,017 | 26,541 |
| Total receivables, net | 332,713 | 310,279 |
| Inventories, net | 1,051,109 | 738,170 |
| Prepaid expenses and other current assets | 103,279 | 35,124 |
| Total current assets | 1,675,351 | 1,489,185 |
| Property, plant and equipment, net | 571,661 | 487,731 |
| Goodwill | 583,297 | 421,680 |
| Other intangible assets, net | 585,832 | 420,041 |
| Right-of-use assets | 76,121 | 66,990 |
| Investment in finance affiliate | 39,349 | 20,671 |
| Deferred income taxes | 5,310 | 5,800 |
| Other assets | 19,077 | 24,042 |
| Total assets | 3,555,998 | 2,936,140 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Accounts payable | 578,624 | 503,116 |
| Short-term lease liabilities | 15,747 | 14,283 |
| Accrued liabilities: | ||
| Warranty | 134,541 | 116,783 |
| Advertising and sales promotions and incentives programs | 123,941 | 103,661 |
| Compensation and benefit costs | 101,373 | 108,536 |
| Insurance | 16,244 | 14,497 |
| Interest | 11,412 | 6,092 |
| Other | 81,731 | 70,051 |
| Total accrued liabilities | 469,242 | 419,620 |
| Total current liabilities | 1,063,613 | 937,019 |
| Long-term debt | 990,768 | 691,242 |
| Long-term lease liabilities | 63,604 | 55,752 |
| Deferred income taxes | 44,272 | 50,397 |
| Other long-term liabilities | 42,040 | 50,598 |
| Stockholders' equity: | ||
| Preferred stock, par value $1.00 per share, authorized 1,000,000 voting and 850,000 non-voting shares, none issued and outstanding | 0 | 0 |
| Common stock, par value $1.00 per share, authorized 175,000,000 shares; issued and outstanding 103,969,805 shares as of October 31, 2022 and 105,205,734 shares as of October 31, 2021 | 103,970 | 105,206 |
| Retained earnings | 1,280,856 | 1,071,922 |
| Accumulated other comprehensive loss | (33,125) | (25,996) |
| Total stockholders' equity | 1,351,701 | 1,151,132 |
| Total liabilities and stockholders' equity | $ 3,555,998 | $ 2,936,140 |