|Bid||78.58 x 800|
|Ask||78.64 x 1800|
|Day's Range||78.28 - 78.90|
|52 Week Range||52.97 - 79.76|
|Beta (3Y Monthly)||0.80|
|PE Ratio (TTM)||30.89|
|Earnings Date||Dec 18, 2019|
|Forward Dividend & Yield||0.90 (1.15%)|
|1y Target Est||72.00|
The Toro Company today announced that its board of directors has declared a regular quarterly cash dividend of $0.25 per share, an 11.1 percent increase from its previous quarterly dividend rate of $0.225 per share.
Many investors, including Paul Tudor Jones or Stan Druckenmiller, have been saying before last year's Q4 market crash that the stock market is overvalued due to a low interest rate environment that leads to companies swapping their equity for debt and focusing mostly on short-term performance such as beating the quarterly earnings estimates. In the […]
The Toro Company today announced that it will release its fiscal 2019 full-year results on Wednesday, December 18, 2019, at approximately 7:30 a.m. CST. The full text of Toro’s earnings release will be available at that time at www.thetorocompany.com/invest.
The Toro Company today announced that it will present at the upcoming Baird 2019 Global Industrial Conference at the Four Seasons Hotel Chicago on Wednesday, November 6, 2019.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Toro Company (The) and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
World-class money managers like Ken Griffin and Barry Rosenstein only invest their wealthy clients' money after undertaking a rigorous examination of any potential stock. They are particularly successful in this regard when it comes to small-cap stocks, which their peerless research gives them a big information advantage on when it comes to judging their worth. […]
Snap-on's (SNA) robust business model and focus on value-creation processes are key drivers. However, recent softness in sales is a concern.
A total of 36 analysts cover Lyft (NASDAQ:LYFT) and Uber (NYSE:UBER). Source: Tero Vesalainen / Shutterstock.com InvestorPlace - Stock Market News, Stock Advice & Trading TipsDespite the fact that the two companies have each lost billions over the past 12 months, Lyft stock and Uber stock are both held in high esteem by Wall Street analysts. In this article, I'm only going to talk about LYFT. However, my points also apply to its larger peer, Uber, both positive and negative.At the end of the day, analysts are way off base when it comes to Lyft stock.Here's why I believe that's the case. The Analyst's PerspectiveOf the 36 analysts who cover Lyft stock, 21 have a "buy" rating, and another three rate it "overweight." Nine analysts rate it as a "hold" and just three (less than 10%) have a "sell" rating on Lyft stock. * Are These 10 High-Yielding S&P Dividend Stocks Traps or Treasures? As for analysts' 12-month target for Lyft stock price, the average target is $72.28. The highest target for Lyft stock price is $96 and the lowest is $35. To reach the highest target, Lyft stock price would have to jump 150% over the next year. 150%?Lyft lost $197.3 million in the second quarter on just $867.3 million in revenue. That means it lost 23 cents per dollar of revenue.Put another way, LYFT lost $9.05 per active rider in Q2, down from $11.42 per active rider a year earlier.While investors seem to be put off by money-losing unicorns, analysts don't seem to have nearly as much concern about LYFT. Perhaps they're bullish on Lyft stock because experts say the ridesharing industry will be worth $1.2 trillion. At the end of September, Wells Fargo analysts initiated coverage of Lyft stock with an "outperform" rating. They expect Lyft stock price to reach $60 in 12 months, a bit more than 50% above its current level. "Investors bullish on app-based ride-hailing business must decide whether LYFT, a U.S. pure-play, can overcome its second-mover status and capture its fair share of future ecosystem profits," Wells Fargo said in a note to clients. "Market share runners-up in platform businesses have not, historically, benefitted from network effects to the same degree the market leader, ultimately resulting in lower growth and profitability," the firm stated. Interestingly, despite the fact that LYFT was second in the ride-hailing business and likely won't generate as much growth and profitability as Uber, Wells Fargo doesn't have a problem recommending Lyft stock.Investors should ignore what analysts have to say about Lyft, and instead, focus on the fact that companies like WeWork are getting sent to the woodshed by investors for the simple reason that they don't make money now and might never do so. The Bottom Line on Lyft StockLYFT has trailing 12-month revenue of $2.90 billion and an operating loss of $2.37 billion.Forget for a second that Lyft's losing money and instead focus on the fact that it generates almost $3 billion of annual sales. Are there any companies listed in the U.S. that have $3 billion of annual revenue and are making money?I did a quick screen and came up with 49 stocks of companies with revenues between $2.9 billion and $3.1 billion. Of those, 37 have a positive net margin. There are a lot of great names in the bunch, including Toro (NYSE:TTC), Columbia Sportswear (NASDAQ:COLM), and Prologis (NYSE:PLD).You can listen to a bunch of analysts and buy Lyft stock or you can purchase one of the three stocks mentioned above and survive the next recession.It's your call.At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Best ETFs for 2019: The Race Is a Little More Gnarly Now * 7 Next-Generation Healthcare Stocks to Buy * Are These 10 High-Yielding S&P Dividend Stocks Traps or Treasures? The post Forget What Analysts Say: Lyft Stock Is Not a Buy appeared first on InvestorPlace.
Toro (TTC) delivered earnings and revenue surprises of 13.70% and -3.94%, respectively, for the quarter ended July 2019. Do the numbers hold clues to what lies ahead for the stock?
Toro (NYSE: TTC ) announces its next round of earnings this Thursday, August 22. Here's Benzinga's look at Toro's Q3 earnings report. Earnings and Revenue Based on Toro management projections, analysts ...
Toro (TTC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
At Insider Monkey we follow nearly 750 of the best-performing investors and even though many of them lost money in the last couple of months of 2018 (some actually delivered very strong returns), the history teaches us that over the long-run they still manage to beat the market, which is why it can be profitable […]