Baird Downgrades Toro to Neutral, Announces $116 Price Target
Baird analyst Timothy Wojs downgrades Toro (NYSE:TTC) from Outperform to Neutral and announces $116 price target.
Toro: Return On Capital Employed Insights
Looking at Q2, Toro (NYSE:TTC) earned $180.72 million, a 27.75% increase from the preceding quarter. Toro also posted a total of $1.15 billion in sales, a 31.62% increase since Q1. In Q1, Toro brought in $872.99 million in sales but only earned $141.47 million.
Understanding Toro’s Ex-Dividend Date
On May 18, 2021, Toro (NYSE:TTC) announced shareholders can expect to receive a dividend payable on July 14, 2021. The stock will then go ex-dividend 1 business day(s) before the record date. Toro has an ex-dividend date set for for June 21, 2021.
What Does Toro’s Debt Look Like?
Over the past three months, shares of Toro (NYSE:TTC) increased by 8.89%. Before we understand the importance of debt, let us look at how much debt Toro has.
Toro Q2 Adj. EPS $1.29 Beats $1.22 Estimate, Sales $1.15B Beat $1.13B Estimate
Toro (NYSE:TTC) reported quarterly earnings of $1.29 per share which beat the analyst consensus estimate of $1.22 by 5.74 percent. This is a 40.22 percent increase over earnings of $0.92 per share from the same period
Earnings Scheduled For June 3, 2021
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