Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Toro Co before investing.

In this article, we go over a few key elements for understanding Toro Co’s stock price such as:

• Toro Co’s current stock price and volume
• Why Toro Co’s stock price changed recently
• Upgrades and downgrades for TTC from analysts
• TTC’s stock price momentum as measured by its relative strength

About Toro Co (TTC)

Before we jump into Toro Co’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

The Toro Company designs, manufactures, markets and sells professional turf maintenance equipment and services; turf irrigation systems; landscaping equipment and lighting products; snow and ice management products; agricultural irrigation (ag-irrigation) systems; rental, specialty and underground construction equipment, and residential yard and snow thrower products. The Company operates through two segments: Professional and Residential. The Professional segment consists of turf and landscape equipment; rental, specialty, and underground construction equipment; snow and ice management equipment, and irrigation and lighting products. The Residential segment consists of consists of walk power mowers, zero-turn riding mowers, snow throwers, replacement parts, and home solutions products, including grass trimmers, hedge trimmers, leaf blowers, blower-vacuums, chainsaws, string trimmers, and underground, hose, and hose-end retail irrigation products sold in Australia and New Zealand.

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Toro Co’s Stock Price as of Market Close

As of June 07, 2024, 4:00 PM, CST, Toro Co’s stock price was $95.98.

Toro Co is up 5.35% from its previous closing price of $91.11.

During the last market session, Toro Co’s stock traded between $84.62 and $91.14. Currently, there are 104.40 million shares of Toro Co stock available for purchase.

Toro Co’s price-earnings (P/E) ratio is currently at 33.3, which is high compared to the Heavy Machinery & Vehicles industry median of 14.8. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Toro Co Stock Price History

Toro Co’s (TTC) price is currently up 19.69% so far this month.

During the month of June, Toro Co’s stock price has reached a high of $96.31 and a low of $78.08.

Over the last year, Toro Co has hit prices as high as $106.68 and as low as $77.15. Year to date, Toro Co’s stock is down 15.21%.

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What Caused Toro Co Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of June 06, 2024, there were 2 analysts who downgraded Toro Co’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Toro Co’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Toro Co’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Toro Co’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Toro Co (TTC) by visiting AAII Stock Evaluator.

Relative Price Strength of Toro Co

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of June 06, 2024, Toro Co has a weighted four-quarter relative price strength of -7.26%, which translates to a Momentum Score of 43 and is considered to be Average.

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Toro Co Stock Price: Bottom Line

As of June 7, 2024, Toro Co’s stock price is $95.98, which is up 5.35% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Toro Co stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.