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Toro Co Stock Research

TTC

109.78USD-0.31(-0.28%)Market Closed

Market Summary

USD109.78-0.31
Market Closed
-0.28%

TTC Alerts

TTC Stock Price

TTC RSI Chart

TTC Valuation

Market Cap

11.4B

Price/Earnings (Trailing)

25.74

Price/Sales (Trailing)

2.56

EV/EBITDA

18.52

Price/Free Cashflow

74.26

TTC Price/Sales (Trailing)

TTC Profitability

EBT Margin

12.40%

Return on Equity

32.8%

Return on Assets

12.47%

Free Cashflow Yield

1.35%

TTC Fundamentals

TTC Revenue

Revenue (TTM)

4.5B

Revenue Y/Y

18.81%

Revenue Q/Q

-7.12%

TTC Earnings

Earnings (TTM)

443.3M

Earnings Y/Y

95.58%

Earnings Q/Q

-6.07%

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

Current Ratio

1.58

Debt/Equity

0.78

Debt/Cashflow

0.28

TTC Investor Care

Dividend Yield

1.09%

Dividend/Share (TTM)

1.2

Buy Backs (1Y)

1.17%

Diluted EPS (TTM)

4.2

Peers (Alternatives to Toro)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
127.2B
52.6B
-2.52% 11.92%
17.83
2.42
19.43% 19.59%
35.1B
26.2B
3.06% 14.00%
18.1
1.34
8.97% -14.39%
20.7B
8.4B
8.78% -13.46%
17.74
2.47
8.57% 23.48%
11.4B
4.5B
-2.98% 17.51%
25.74
2.56
11.46% 8.16%
10.4B
11.9B
1.73% 28.00%
12.19
0.87
11.28% 13.22%
MID-CAP
8.5B
4.1B
17.22% -14.95%
15.86
2.06
14.99% 5.38%
8.1B
-
14.84% 31.77%
18.58
2.21
19.16% 63.71%
3.5B
2.1B
23.79% -16.85%
27.91
1.69
14.05% 6.76%
3.4B
4.2B
19.05% 23.10%
12.79
0.81
13.76% 48.28%
2.3B
2.0B
16.69% -14.91%
16.65
1.12
5.15% 21.65%
SMALL-CAP
1.8B
1.5B
9.00% 9.80%
19.95
1.25
13.88% 33.13%
1.8B
770.7M
-6.21% 27.53%
27.58
2.34
35.78% 53.78%
1.0B
921.5M
10.95% -16.83%
22.88
1.1
16.66% 83.36%
533.5M
-
27.81% -22.43%
-2.88
0.15
15.02% -226.86%
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/Q2022Q32022Q22022Q12021Q32021Q2
Revenue5.8%4,4574,2124,0783,9993,817
Gross Profit5.2%1,3951,3261,324--
  S&GA Expenses3.2%896868855--
EBITDA3.1%584567---
EBITDA Margin-4.7%0.13*0.14*---
Earnings Before Taxes9.0%479439451--
EBT Margin0.8%0.11*0.11*---
Interest Expenses7.5%312928--
Net Income8.1%386357368--
Net Income Margin-0.1%0.09*0.09*---
Free Cahsflow-39.1%101166---
* denotes actual numbers (not divided by Millions)
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets3.4%3,5563,4403,4793,2532,936
  Current Assets4.4%1,6751,6041,6641,4371,489
    Cash Equivalents-18.7%188232263193406
  Inventory11.9%1,051939892832738
  Net PPE7.5%572532512508488
  Goodwill-0.1%583584581577422
  Current Liabilities5.2%1,0641,0111,111986937
  Long Term Debt-3.2%1,0561,0911,091691-
    LT Debt, Current-35.0%65100100--
    LT Debt, Non Current0.0%991991991991691
Shareholder's Equity5.1%1,3521,2871,2241,1201,151
  Retained Earnings5.5%1,2811,2141,1471,0411,072
Shares Outstanding-0.2%104104105105105
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations27.6%297233280370555
  Share Based Compensation-2.7%2223232322
Cashflow From Investing-1.8%-548.25-538.34-517.85-539.74-128.45
Cashflow From Financing312.3%421013-67.36-503.65
  Dividend Payments2.9%126122119115112
  Buy Backs-40.5%140235270346302

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 ascendingFund NameType% 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%

1–10 of 50

Latest Funds Activity

Are funds buying TTC calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own TTC
No. of Funds

Toro News

MarketWatch

Deere & Co. stock underperforms Friday when compared to competitors.

MarketWatch,
15 hours ago

Hamilton Spectator

GuruFocus.com

Mairs and Power Commments on Toro.

GuruFocus.com,
4 days ago

DirectorsTalk Interviews

Schedule 13G FIlings of Toro

Date FiledName of FilerPercent of ClassNo. of SharesForm 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 ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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
-

1–10 of 50

Richard M. Olson
11000
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

2022-10-31
Consolidated 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 sales3,010,0662,621,0922,189,036
Gross profit1,504,5961,338,4921,189,774
Selling, general and administrative expense928,933820,212763,417
Operating earnings575,663518,280426,357
Interest expense(35,738)(28,659)(33,156)
Other income, net12,62110,19713,869
Earnings before income taxes552,546499,818407,070
Provision for income taxes109,20489,93877,369
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)104,822107,341107,658
Weighted-average number of shares of common stock outstanding – Diluted (in shares)105,649108,473108,663

TTC Balance Sheet

2022-10-31
Consolidated 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)290,002252,757
Receivables from finance affiliate17,69430,981
Other25,01726,541
Total receivables, net332,713310,279
Inventories, net1,051,109738,170
Prepaid expenses and other current assets103,27935,124
Total current assets1,675,3511,489,185
Property, plant and equipment, net571,661487,731
Goodwill583,297421,680
Other intangible assets, net585,832420,041
Right-of-use assets76,12166,990
Investment in finance affiliate39,34920,671
Deferred income taxes5,3105,800
Other assets19,07724,042
Total assets3,555,9982,936,140
LIABILITIES AND STOCKHOLDERS' EQUITY  
Accounts payable578,624503,116
Short-term lease liabilities15,74714,283
Accrued liabilities:  
Warranty134,541116,783
Advertising and sales promotions and incentives programs123,941103,661
Compensation and benefit costs101,373108,536
Insurance16,24414,497
Interest11,4126,092
Other81,73170,051
Total accrued liabilities469,242419,620
Total current liabilities1,063,613937,019
Long-term debt990,768691,242
Long-term lease liabilities63,60455,752
Deferred income taxes44,27250,397
Other long-term liabilities42,04050,598
Stockholders' equity:  
Preferred stock, par value $1.00 per share, authorized 1,000,000 voting and 850,000 non-voting shares, none issued and outstanding00
Common stock, par value $1.00 per share, authorized 175,000,000 shares; issued and outstanding 103,969,805 shares as of October 31, 2022 and 105,205,734 shares as of October 31, 2021103,970105,206
Retained earnings1,280,8561,071,922
Accumulated other comprehensive loss(33,125)(25,996)
Total stockholders' equity1,351,7011,151,132
Total liabilities and stockholders' equity$ 3,555,998$ 2,936,140