Toro Story

TTC -- USA Stock

USD 95.72 2.97 3.01%

Macroaxis Story

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 month ago

View all stories for Toro | View All Stories

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

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 Company this year

Annual and quarterly reports issued by Toro Company 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.

How Toro utilizes its cash?

To perform a cash flow analysis of Toro, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Toro is receiving and how much cash it distributes out in a given period. The Toro cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. Toro Net Cash Flow from Operations is projected to increase significantly based on the last few years of reporting. The past year's Net Cash Flow from Operations was at 485.44 Million

Acquisition by Katherine Harless of 1338 shares of Toro subject to Rule 16b-3

Legal trades by Toro insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:

Toro insider trading alert for grant of common stock by Katherine Harless, the corporate stakeholder, on 20th of January 2021. This event was filed by Toro Co with SEC on 2021-01-20. Statement of changes in beneficial ownership - SEC Form 4 [view details]

Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

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

Hold

Strong Buy	1	25.0
Buy	0	0.0
Hold	3	75.0
Sell	0	0.0
Strong Sell	0	0.0

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.

About Contributor

Ellen Johnson is a Member of Macroaxs Editorial Board. Ellen covers public companies in North America, focusing primarily on valuation and volatility. Six years of experience in predictive investment analytics and risk management. View Profile

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 Company. Please refer to our Terms of Use for any information regarding our disclosure principles.

Would you like to provide feedback on the content of this article?

You can get in touch with us directly or send us a quick note via email to editors@macroaxis.com

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2021 Macroaxis LLC