Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Toro (TTC) have what it takes?
Suppose you want an early read on trading conditions at turf and landscape equipment company Toro (TORO -3.21%). In that case, monitoring what competitors and retailers are saying is a good idea.
Toro's stock has traded sideways and recently dropped, now at its lowest P/E valuation in 12 years, yet it's not considered cheap. Sales growth has stalled due to lower Residential demand. This could spread to the Professional segment as order backlogs are worked off and new demand slows with less infrastructure spending. Despite a healthy balance sheet and strong free cash flow, possible macroeconomic headwinds and slow growth prospects justify maintaining a Hold rating.
Shares of outdoor equipment business The Toro Company (TTC -4.90%) dropped on Thursday after the company reported financial results for its fiscal first quarter of 2025. As of 2 p.m.
The Toro Company (NYSE:TTC ) Q1 2025 Earnings Conference Call March 6, 2025 11:00 AM ET Company Participants Julie Kerekes - Senior MD of Global Tax and IR Rick Olson - Chairman and CEO Angie Drake - VP and CFO Conference Call Participants David MacGregor - Longbow Research Tim Wojs - Baird Ted Jackson - Northland Capital Markets Operator Good day, ladies and gentlemen, and welcome to The Toro Company's First Quarter Earnings Conference Call. My name is Kevin, and I'll be your coordinator today.
Toro (TTC) came out with quarterly earnings of $0.65 per share, beating the Zacks Consensus Estimate of $0.63 per share. This compares to earnings of $0.64 per share a year ago.
Outdoor maintenance solutions provider Toro (TTC -3.67%) reported mixed fiscal 2025 first-quarter financial results on Thursday, March 6. Adjusted EPS of $0.65 surpassed analysts' consensus expectations of $0.63.
Toro Company is resilient to tariffs, focusing on higher-margin products and innovation in autonomous machinery to drive profitability. Despite flat revenue growth, I expect Toro's free cash flows to compound at 3.5%, enabling stable investor returns. The company is implementing cost controls and restructuring to increase profitability, aiming for $100M in annual savings and a 14% adj. operating margin by 2026.
TTC's Q4 results show a year-over-year increase in net sales. It also projects fiscal 2025 net sales growth of 0-1% and adjusted EPS between $4.25 and $4.40.
The Toro Company (NYSE:TTC ) Q4 2024 Earnings Conference Call December 18, 2024 11:00 AM ET Company Participants Julie Kerekes - Treasurer and Senior Managing Director of Global Tax and Investor Relations Richard Olson - Chairman and Chief Executive Officer Angela Drake - Vice President and Chief Financial Officer Conference Call Participants Eric Bosshard - Cleveland Research Company Mike Shlisky - D.A. Davidson & Company David MacGregor - Longbow Research Tim Wojs - Baird Joshua Wilson - Raymond James Ted Jackson - Northland Capital Markets Operator Good day, ladies and gentlemen, and welcome to the Toro Company Fourth Quarter and Full Year Fiscal 2024 Earnings Conference Call.
The Toro Company (TTC) shares fell Wednesday as the maker of lawnmowers, snowblowers, and other outdoor equipment missed sales estimates and gave weak guidance as it faced a tough economic climate.
Toro (TTC) came out with quarterly earnings of $0.95 per share, missing the Zacks Consensus Estimate of $0.96 per share. This compares to earnings of $0.71 per share a year ago.