(TTC) Toro - Ratings and Ratios

The Toro Company is a leading manufacturer and marketer of professional turf maintenance equipment and services, operating through two primary segments: Professional and Residential. The companys diverse product portfolio includes a wide range of equipment for turf maintenance, landscaping, and snow removal, such as riding and walking mowers, turf sprayers, utility vehicles, and snow removal equipment. Additionally, Toro offers irrigation products, including sprinkler heads, controllers, and drip irrigation systems, as well as equipment for trenching, excavation, and concrete construction.

Toros products are sold through a network of distributors, dealers, mass retailers, and hardware retailers, as well as online through their website. The companys strong brand reputation and extensive distribution network enable it to maintain a significant market presence in the agricultural and farm machinery industry. With a market capitalization of $7.65 billion, Toro is a substantial player in the industry.

Analyzing the companys technical data, the current price of $68.51 is below its 20-day and 50-day simple moving averages (SMA) of $75.13 and $71.36, respectively, indicating a potential short-term downtrend. However, the stocks average true range (ATR) of 1.82 suggests relatively moderate volatility. Considering the fundamental data, Toros price-to-earnings (P/E) ratio of 19.61 and forward P/E of 17.04 indicate a relatively stable valuation. The companys return on equity (RoE) of 25.80% suggests strong profitability.

Based on the technical and fundamental data, a forecast for Toros stock price can be made. Given the current downtrend and the stocks position below its SMAs, a potential short-term target could be the 52-week low of $63.51. However, considering the companys strong profitability and relatively stable valuation, a long-term outlook remains positive. If the company continues to perform well and the industry trends favorably, the stock price could potentially rebound and reach the 52-week high of $98.05. A more conservative estimate would be a price target of $80-$85, representing a 15-20% increase from the current price, driven by the companys continued growth and profitability.