What is January outlook for Toro (NYSE:TTC)?

Toro Company is scheduled to announce its earnings today. The next earnings report is expected on the 4th of March 2021. As some millenniums are still trying to avoid industrials space, I will try to go over Toro Company a little further in order to understand its potential as a viable investment. We will evaluate why we are still optimistic in anticipation of a recovery.
Published over a year ago
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Reviewed by Michael Smolkin

Toro has performance score of 9 on a scale of 0 to 100. The entity has a beta of 0.1062, which indicates not very significant fluctuations relative to the market. Let's try to break down what Toro's beta means in this case. As returns on the market increase, Toro returns are expected to increase less than the market. However, during the bear market, the loss on holding Toro will be expected to be smaller as well. Although it is extremely important to respect Toro Company current price movements, it is better to be realistic regarding the information on equity historical returns. The philosophy towards measuring future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By inspecting Toro Company technical indicators, you can presently evaluate if the expected return of 0.15% will be sustainable into the future. Toro Company right now has a risk of 1.14%. Please validate Toro potential upside, as well as the relationship between the kurtosis and day typical price to decide if Toro will be following its existing price patterns.
What is the right price you would pay to acquire a share of Toro? For most investors, it would be the price that gives them a wide margin of safety to have minimal downside risk. In other words, most investors are always looking for undervalued stocks. Even if the future performance is not entirely as expected, the loss of holding it is minimized, and the downside risk is negated. Please read more on our stock advisor page.

What is happening with Toro Co this year

Annual and quarterly reports issued by Toro Co are formal financial statements that are published yearly and quarterly and sent to Toro stockholders. The reports show and break down the current year's ongoing operations and discuss plans for the upcoming year. Annual reports have been a requirement from the Securities and Exchange Commission (SEC) for businesses owned by the public since 1934.
Companies such as Toro often view their annual report as an effective marketing tool to disseminate their perspective on company future earnings or innovations. With this in mind, many companies devote large sums of money to making their reports attractive and informative. In such instances, the annual report becomes a forum through which a company can communicate to the general public any number of topics that may or may not be directly related to the actual data published in the reports.

Toro Gross Profit

Toro Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Toro previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Toro Gross Profit growth over the last 10 years. Please check Toro's gross profit and other fundamental indicators for more details.

Is Toro a risky opportunity?

Let's check the volatility. Toro is looking slightly risky at this time. Whether you invest your money or manage your clients' funds, remember that it is easy to forget that behind Toro (NYSE:TTC) stock is an actual business venture. So, do not let stock picking become an abstract concept by ignoring the elementary risk calculations. taking in a share of a Toro stock makes you a part-owner of that company.

Toro Company Current Consensus

Here is the current trade recommendation based on an ongoing consensus estimate among financial analysis covering Toro Company. The Toro consensus assessment is calculated by taking the average estimates from all of the analysts covering Toro
Strong Buy
1
Hold
3
Strong Buy125.0
Buy00.0
Hold375.0
Sell00.0
Strong Sell00.0

Toro has a small chance to finish above $94 in 2 months

Current potential upside is at 1.94. Toro Company has relatively low volatility with skewness of -0.46 and kurtosis of -0.48. However, we advise all investors to independently investigate Toro Company to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns.

Our Bottom Line On Toro Company

Whereas many other companies within the tools & accessories industry are still a little expensive, even after the recent corrections, Toro may offer a potential longer-term growth to investors. On the whole, as of the 16th of December 2020, we believe that at this point, Toro is fairly valued with very low odds of financial turmoil within the next 2 years. Our primary recommendation on the company is Strong Buy.

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Editorial Staff

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of Toro Co. Please refer to our Terms of Use for any information regarding our disclosure principles.

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