California recently announced a ban on all gasoline-powered mowers and lawn equipment starting in 2024, a decision that triggered an analyst downgrade for Toro Co (NYSE: TTC) on Wednesday.
If history is any guide, there may be trouble ahead for shares of Toro(NYSE:TTC). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.
What To Know: Many traders use moving average crossover systems to make their decisions.
Stanley Black & Decker, Inc. (NYSE: SWK) and Toro Co (NYSE: TTC) face a potential risk in the medium term due to a legislative development in California, an analyst at BofA Securities said.
Toro Co (NYSE:TTC) reported third-quarter FY21 sales increased by 16.2% year-over-year to $976.84 million, beating the consensus of $937.1 million. Sales…
Over the past three months, shares of Toro (NYSE:TTC) increased by 4.73%. Before we understand the importance of debt, let us look at how much debt Toro has.