Stock in Focus: The Toro Company (TTC)

Company Profile:

The Toro Company (TTC) is a leading worldwide provider of innovative solutions for the outdoor environment including turf maintenance, snow and ice management, landscape, rental and specialty construction equipment, and irrigation and outdoor lighting solutions. With sales of $2.5 billion in fiscal 2017, Toro’s global presence extends to more than 125 countries. Through constant innovation and caring relationships built on trust and integrity, Toro and its family of brands have built a legacy of excellence by helping customers care for golf courses, sports fields, public green spaces, commercial and residential properties and agricultural operations. The Toro Company was founded in 1914 and is headquartered in Bloomington, Minnesota.

Recent News:

On March 20, 2018, its board of directors has declared a regular quarterly cash dividend of $0.20 per share. This dividend is payable on April 18, 2018, to shareholders of record on April 4, 2018.

The company reported net earnings of $22.6 million or $0.21 per share on a net sales increase of 6.3 percent to $548.2 million for its first quarter ended February 2, 2018.

 

Fundamental Analysis:

Ninestocks analyzes several different financial aspects: Growth, Profitability, solvency and efficiency.

Growth – Measures the growth of both the company’s income statement and cash flow.

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Profitability – Measures the historical price movement of the stock.

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Solvency – Measures the solvency of the company based on several ratios.

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Efficiency – Measures the strength and historic growth of a company’s return on invested capital.

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Conclusion:

TTC’s strengths can be seen in its better growth, strong profitability and better efficiency compared with its peers. Its revenue and net income have increased over recent several years. Technical indicators signal the bullish signs, as there is a bullish crossover in stoxline Trend-Signal line. The RSI(15) stands at 50.79 with positive bias. We rate The Toro Company (TTC) a STRONG BUY.

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