What is DA Davidson’s Estimate for Toro Q1 Earnings?

The Toro Company (NYSE:TTC) – Research analysts at DA Davidson issued their Q1 2025 earnings per share estimates for Toro in a report released on Tuesday, December 24th. DA Davidson analyst M. Shlisky anticipates that the company will post earnings of $0.63 per share for the quarter. DA Davidson has a “Neutral” rating and a $88.00 price objective on the stock. The consensus estimate for Toro’s current full-year earnings is $4.16 per share.

Toro (NYSE:TTC) last announced its quarterly earnings results on Wednesday, December 18th. The company reported $0.95 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.95. Toro had a net margin of 8.89% and a return on equity of 25.94%. The business had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.09 billion. During the same period last year, the business earned $0.71 earnings per share. The business’s revenue for the quarter was up 9.4% on a year-over-year basis.

A number of other research analysts have also recently weighed in on the stock. Northland Securities restated a “market perform” rating and issued a $100.00 price objective on shares of Toro in a report on Friday, September 6th. Robert W. Baird dropped their price target on shares of Toro from $102.00 to $92.00 and set a “neutral” rating for the company in a research note on Friday, September 6th. StockNews.com raised Toro from a “hold” rating to a “buy” rating in a research report on Monday, September 9th. Finally, Raymond James decreased their target price on Toro from $100.00 to $95.00 and set an “outperform” rating for the company in a report on Friday, December 20th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Toro presently has a consensus rating of “Hold” and an average price target of $93.75.

Toro Trading Up 0.8 %

TTC opened at $80.85 on Wednesday. The company has a quick ratio of 0.85, a current ratio of 1.94 and a debt-to-equity ratio of 0.59. The firm has a market cap of $8.18 billion, a P/E ratio of 21.22 and a beta of 0.70. Toro has a 52 week low of $77.15 and a 52 week high of $100.93. The business has a fifty day simple moving average of $84.01 and a 200-day simple moving average of $87.97.

Toro declared that its board has approved a share buyback plan on Tuesday, December 10th that authorizes the company to repurchase 4,000,000 outstanding shares. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Shares repurchase plans are generally a sign that the company’s board of directors believes its stock is undervalued.

Toro Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 13th. Shareholders of record on Monday, December 23rd will be given a $0.38 dividend. The ex-dividend date of this dividend is Monday, December 23rd. This is an increase from Toro’s previous quarterly dividend of $0.36. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.88%. Toro’s dividend payout ratio is currently 37.91%.

Hedge Funds Weigh In On Toro

Several large investors have recently bought and sold shares of TTC. UMB Bank n.a. boosted its position in shares of Toro by 112.1% during the 3rd quarter. UMB Bank n.a. now owns 630 shares of the company’s stock worth $55,000 after acquiring an additional 333 shares in the last quarter. Whittier Trust Co. of Nevada Inc. increased its stake in Toro by 850.0% in the third quarter. Whittier Trust Co. of Nevada Inc. now owns 855 shares of the company’s stock valued at $74,000 after purchasing an additional 765 shares during the last quarter. CWM LLC raised its holdings in Toro by 15.5% during the third quarter. CWM LLC now owns 1,063 shares of the company’s stock worth $92,000 after purchasing an additional 143 shares in the last quarter. Rothschild Investment LLC acquired a new stake in Toro during the second quarter worth approximately $94,000. Finally, Blue Trust Inc. lifted its position in shares of Toro by 534.8% during the 3rd quarter. Blue Trust Inc. now owns 1,333 shares of the company’s stock worth $125,000 after buying an additional 1,123 shares during the last quarter. Hedge funds and other institutional investors own 87.95% of the company’s stock.

About Toro

The Toro Company designs, manufactures, markets, and sells professional turf maintenance equipment and services. It operates through two segments: Professional and Residential. The 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, such as horizontal directional drills, walk and ride trenchers, stand-on skid steers, vacuum excavators, stump grinders, turf renovation products, asset locators, pipe rehabilitation solutions, materials handling equipment, and other after-market tools; and snow and ice management equipment, such as snowplows, as well as stand-on snow and ice removal equipment, such as snowplow, snow brush, and snow thrower attachments, salt and sand spreaders, and related parts and accessories for light and medium duty trucks, utility task vehicles, skid steers, and front-end loaders.