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The Toro Co (TTC) Files 10-K for the Fiscal Year Ended on October 31, 2018

- By insider

The Toro Co (TTC) files its latest 10-K with SEC for the fiscal year ended on October 31, 2018. The Toro Co manufactures tools and equipment for outdoor maintenance. The company develops products such as reel and rotary riding products, trim cutting and walking mowers, greens rollers, turf sprayer equipment, and underground irrigation systems. The Toro Co has a market cap of $5.81 billion; its shares were traded at around $55.08 with a P/E ratio of 21.97 and P/S ratio of 2.29. The dividend yield of The Toro Co stocks is 1.51%. The Toro Co had annual average EBITDA growth of 16.80% over the past ten years. GuruFocus rated The Toro Co the business predictability rank of 4-star.


For the last quarter The Toro Co reported a revenue of $539.3 million, compared with the revenue of $488.6 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $2.6 billion, an increase of 4.5% from last year. For the last five years The Toro Co had an average revenue growth rate of 4.9% a year.

The reported diluted earnings per share was $2.5 for the year, an increase of 3.7% from previous year. Over the last five years The Toro Co had an EPS growth rate of 14.6% a year. The The Toro Co had a decent operating margin of 14.25%, compared with the operating margin of 14.18% a year before. The 10-year historical median operating margin of The Toro Co is 11.71%. The profitability rank of the company is 8 (out of 10).

At the end of the fiscal year, The Toro Co has the cash and cash equivalents of $289.1 million, compared with $310.3 million in the previous year. The long term debt was $312.5 million, compared with $305.6 million in the previous year. The interest coverage to the debt is at a comfortable level of 19.5. The Toro Co has a financial strength rank of 7 (out of 10).

At the current stock price of $55.08, The Toro Co is traded at 59.8% premium to its historical median P/S valuation band of $34.46. The P/S ratio of the stock is 2.29, while the historical median P/S ratio is 1.43. The intrinsic value of the stock is $60.17 a share, according to GuruFocus DCF Calculator. The stock lost 13.37% during the past 12 months.

Directors and Officers Recent Trades:

  • VP, Commercial Richard W Rodier sold 7,727 shares of TTC stock on 12/18/2018 at the average price of $57.21. The price of the stock has decreased by 3.72% since.
  • VP, Global Operations Blake M Grams sold 2,456 shares of TTC stock on 12/12/2018 at the average price of $58.68. The price of the stock has decreased by 6.13% since.

For the complete 20-year historical financial data of TTC, click here.

This article first appeared on GuruFocus.