Market Cap
US$7.6b
Last Updated
2019/08/24 23:44 UTC
Data Sources
Company Financials +
Executive Summary
The Toro Company designs, manufactures, and markets professional and residential equipment worldwide.
Snowflake
Fundamentals
Adequate balance sheet with moderate growth potential.
Similar Companies
Share Price & News
How has Toro's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-1.6%
NYSE:TTC
-2.5%
US Machinery
-1.6%
US Market
1 Year Return
19.0%
NYSE:TTC
-9.9%
US Machinery
-3.0%
US Market
TTC outperformed the Machinery industry which returned -9.9% over the past year.
TTC outperformed the Market in United States of America which returned -3% over the past year.
Share holder returns
| TTC | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.6% | -2.5% | -1.6% |
| 30 Day | -1.1% | -11.7% | -5.7% |
| 90 Day | 7.8% | -4.2% | 0.2% |
| 1 Year | 20.7%19.0% | -8.0%-9.9% | -0.8%-3.0% |
| 3 Year | 50.7%45.1% | 32.5%23.9% | 38.1%29.1% |
| 5 Year | 147.0%131.0% | 32.8%16.3% | 50.8%34.1% |
Price Volatility Vs. Market
How volatile is Toro's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall St
Why The Toro Company (NYSE:TTC) Should Be In Your Dividend Portfolio4 months ago | Simply Wall St
Is The Toro Company's (NYSE:TTC) Future Growth Already Accounted For In Today's Price?4 months ago | Simply Wall St
Here's What The Toro Company's (NYSE:TTC) P/E Is Telling UsValuation
Is Toro undervalued based on future cash flows and its price relative to the stock market?
27.55x
Price to Earnings (PE) ratio
Intrinsic Value Based on Future Cash Flows
Toro's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
Toro's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
Price Based on Earnings
Toro is overvalued based on earnings compared to the US Machinery industry average.
Toro is overvalued based on earnings compared to the United States of America market.
Price Based on Expected Growth
Toro is poor value based on expected growth next year.
Price Based on Value of Assets
Toro is overvalued based on assets compared to the US Machinery industry average.
Next Steps
Future Growth
How is Toro expected to perform in the next 1 to 3 years based on estimates from 5 analysts?
11.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Toro's revenue is expected to grow by 7.8% yearly, however this is not considered high growth (20% yearly).
Toro's earnings are expected to grow by 11.4% yearly, however this is not considered high growth (20% yearly).
Toro's revenue growth is expected to exceed the United States of America market average.
Toro's earnings growth is positive but not above the United States of America market average.
Toro's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Earnings per Share Growth Estimates
Future Return on Equity
Toro is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
Next Steps
Past Performance
How has Toro performed over the past 5 years?
10.9%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Toro's year on year earnings growth rate has been positive over the past 5 years.
Toro's 1-year earnings growth is less than its 5-year average (3% vs 10.9%)
Toro's earnings growth has not exceeded the US Machinery industry average in the past year (3% vs 17.5%).
Return on Equity
Toro has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
Return on Assets
Toro used its assets more efficiently than the US Machinery industry average last year based on Return on Assets.
Return on Capital Employed
Toro's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Next Steps
Financial Health
How is Toro's financial position?
Financial Position Analysis
Toro is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Toro's cash and other short term assets cover its long term commitments.
Debt to Equity History and Analysis
Toro's level of debt (85.4%) compared to net worth is high (greater than 40%).
The level of debt compared to net worth has increased over the past 5 years (55.3% vs 85.4% today).
Debt is well covered by operating cash flow (50.6%, greater than 20% of total debt).
Interest payments on debt are well covered by earnings (EBIT is 16.8x coverage).
Balance Sheet
High level of physical assets or inventory.
Debt is covered by short term assets, assets are 1.6x debt.
Next Steps
Dividend
What is Toro's current dividend yield, its reliability and sustainability?
1.29%
Expected Dividend Yield
Dividend Yield and Payments Analysis
Toro's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.52%).
Toro's dividend is below the markets top 25% of dividend payers in United States of America (3.93%).
Dividends per share have been stable in the past 10 years.
Dividends per share have increased over the past 10 years.
Current Payout to Shareholders
Dividends paid are well covered by earnings (2.9x coverage).
Future Payout to Shareholders
Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
Next Steps
Management
What is the CEO of Toro's salary, the management and board of directors tenure and is there insider trading?
5.3yrs
Average management tenure
CEO
Rick Olson (55yo)
2.8yrs
Tenure
US$5,073,126
Compensation
Mr. Richard M. Olson, also known as Rick, has been the Chief Executive Officer of The Toro Company November 1, 2016 and as its President since September 1, 2015. Mr. Olson has been the Chairman of The Toro ...
CEO Compensation Analysis
Rick's remuneration is about average for companies of similar size in United States of America.
Rick's compensation has been consistent with company performance over the past year, both up more than 20%.
Management Age and Tenure
5.3yrs
Average Tenure
55yo
Average Age
The average tenure for the Toro management team is over 5 years, this suggests they are a seasoned and experienced team.
Board Age and Tenure
5.2yrs
Average Tenure
59.5yo
Average Age
The tenure for the Toro board of directors is about average.
Insider Trading
No 3 month open market individual insider trading information.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 1,941 |
| Max Price | US$68.31 |
| Entity | Individual |
| Shares | 2,000 |
| Max Price | US$67.95 |
| Entity | Individual |
| Shares | 9,000 |
| Max Price | US$67.43 |
| Entity | Individual |
| Shares | 3,727 |
| Max Price | US$57.45 |
| Entity | Individual |
| Role | Chief Operating Officer Vice President of Global Operations |
| Shares | 2,456 |
| Max Price | US$58.68 |
| Entity | Individual |
| Shares | 5,768 |
| Max Price | US$62.51 |
| Entity | Individual |
| Role | Chief Legal Officer VP, General Counsel & Secretary |
| Shares | 125.26 |
| Max Price | US$61.03 |
Ownership Breakdown
Management Team
Tom Swain (66yo)
Managing Director of Distributor Development
- Tenure: 4.3yrs
Blake Grams (52yo)
Vice President of Global Operations
- Tenure: 6.2yrs
Tim Dordell (57yo)
VP, General Counsel & Secretary
- Tenure: 12.3yrs
- Compensation: US$1.37m
Kurt Svendsen (53yo)
Vice President of Information Services
- Tenure: 6.2yrs
Renee Peterson (57yo)
VP, Treasurer & CFO
- Tenure: 8.0yrs
- Compensation: US$1.87m
Rick Olson (55yo)
Chairman
- Tenure: 2.8yrs
- Compensation: US$5.07m
Amy Dahl (45yo)
Vice President of Human Resources & Distributor Development
- Tenure: 4.3yrs
Heather Hille
Director of Investor Relations & External Communications
- Tenure: 4.3yrs
Julie Kerekes
Managing Director of Tax & Treasury
- Tenure: 0.0yrs
Nick Rhoads
Director of Business Development & Strategic Planning
- Tenure: 0.0yrs
Board Members
Gregg Steinhafel (64yo)
Independent Director
- Tenure: 20.6yrs
- Compensation: US$220.31k
Jeffrey Ettinger (61yo)
Independent Director
- Tenure: 9.1yrs
- Compensation: US$206.84k
Janet Katherine Cooper (65yo)
Independent Director
- Tenure: 25.6yrs
- Compensation: US$234.14k
Kathy Harless (68yo)
Independent Director
- Tenure: 19.6yrs
- Compensation: US$217.56k
Chris Koch (54yo)
Independent Director
- Tenure: 3.3yrs
- Compensation: US$212.90k
Gary Ellis (61yo)
Lead Director
- Tenure: 0.4yrs
- Compensation: US$224.73k
Jeff Harmening (52yo)
Independent Director
- Tenure: 0.4yrs
Joc O’Rourke (58yo)
Independent Director
- Tenure: 7.0yrs
- Compensation: US$210.66k
Mike Vale (53yo)
Director
- Tenure: 1.6yrs
- Compensation: US$82.17k
Rick Olson (55yo)
Chairman
- Tenure: 2.8yrs
- Compensation: US$5.07m
Company Information
The Toro Company's company bio, employee growth, exchange listings and data sources
Key Information
- Name: The Toro Company
- Ticker: TTC
- Exchange: NYSE
- Founded: 1914
- Industry: Agricultural and Farm Machinery
- Sector: Capital Goods
- Market Cap: US$7.564b
- Shares outstanding: 106.44m
- Website: https://www.thetorocompany.com
Number of Employees
Location
- The Toro Company
- 8111 Lyndale Avenue South
- Bloomington
- Minnesota
- 55420
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| TTC | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Sep 1978 |
| TO2 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Sep 1978 |
Biography
The Toro Company designs, manufactures, and markets professional and residential equipment worldwide. The company’s Professional segment offers turf and landscape equipment products, including sports field ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/08/24 23:44 |
| End of Day Share Price | 2019/08/23 00:00 |
| Earnings | 2019/08/02 |
| Annual Earnings | 2018/10/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.