Toro Stock Story

TTC -  USA Stock  

USD 114.68  1.53  1.35%

Whilst many millenniums are getting more into industrials space, it makes sense to go over Toro Company against current trends within the economy. As we have suggested previously, Toro is beginning its slip as investors shift to be more bearish due to the increased sector volatility. Toro Company slowly supersedes the market. The returns on investing in Toro and the market returns of the last few months appear uncorrelated. Strong basic indicators of the company may suggest signs of short-term price drift for investors. Toro Company is scheduled to announce its earnings today. The next earnings report is expected on the 2nd of September 2021.
Published over a month ago
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Will Toro (NYSE:TTC) continue to slip in July?
The company's average rating is Hold from 5 analysts. Do analysts base this consensus on technical analyses? We know that typical technical analysis utilizes price momentum, patterns, and trends looking at historical prices. It aims to identify signals based on Toro market sentiment investors' perception of the future value of Toro. Let us look at a few aspects of Toro technical analysis.
Using predictive technical analysis, we will analyze different prices and returns patterns and diagnose historical swings to determine the real value of Toro Company. In general, we focus on analyzing Toro stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Toro's daily price indicators and compare them against related drivers such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Toro's intrinsic value. In addition to deriving basic predictive indicators for Toro, we also check how macroeconomic factors affect Toro price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Toro's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Toro in the context of predictive analytics.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Toro. Your research has to be compared to or analyzed against Toro's peers to derive any actionable benefits. When done correctly, Toro's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Toro Company.

How does Toro Stands against Peers?

Analyzing Toro competition or peers my help you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Try to analyze the advantages of investing in traded instruments related to Toro across multiple sectors and thematic ideas. A good competitive analysis can cover a lot of different areas. But what areas to choose depends on who you are. The more exhaustive you are in your analysis, the more effective your competitive analysis will be.
Check out Toro Competition Details

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

Toro exotic insider transaction detected

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 general transaction of performance share units by Renee Peterson, VP & CFO, on 25th of June 2021. This event was filed by Toro Co with SEC on 2021-06-21. Statement of changes in beneficial ownership - SEC Form 4. Renee Peterson currently serves as chief financial officer, vice president, treasurer of Toro Company [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.

Closer look at Toro Mean Deviation

Toro Company has current Mean Deviation of 1.09. The mean deviation of the equity instrument is the first measure of the distances between each value of security historical prices and the mean. It gives us an idea of how spread out from the center the distribution of returns.

Mean Deviation is the average of the absolute values of the differences between price distribution numbers and their mean. Mean deviation of equity instrument with a lot of historical data is a biased estimator because the time horizon used in calculation will always be much smaller than the entire price history of the equity. The mean deviation is typically used as a measure of dispersion for small investment horizon, otherwise standard deviation is a better measure of dispersion.

Mean Deviation 
 = 
SUM(RET DEV) 
 = 
1.09
SUM = Summation notation
RET DEV = Sum of return deviations of Toro
N = Number of calculation points for selected time horizon
Let's now compare Toro Mean Deviation to its closest peers:
TTC
NWL
TUP
WHR
TTC1.09
NWL1.25
TUP3.03
WHR1.41

Are Toro technical indicators showing a turnaround?

Current coefficient of variation is at 1284.25. Toro Company has relatively low volatility with skewness of 0.42 and kurtosis of 0.95. 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. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Toro's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Toro's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Our Final Takeaway

Whereas other entities under the tools & accessories industry are still a bit expensive, Toro may offer a potential longer-term growth to investors. To summarize, as of the 3rd of June 2021, we believe Toro is currently fairly valued. It slowly supersedes the market and projects very low chance of financial distress in the next two years. Our final 90 days Buy-Hold-Sell recommendation on the company is Strong Hold.

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 Raphi Shpitalnik do not own shares of Toro Company. Please refer to our Terms of Use for any information regarding our disclosure principles.

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