Toro Co (NYSE:TTC) shares, rose in value on Friday, May 09, with the stock price up by 0.75% to the previous day’s close as strong demand from buyers drove the stock to $72.33.
Actively observing the price movement in the last trading, the stock closed the session at $71.79. The PE ratio was 18.43 over 12-month period. Referring to stock’s 52-week performance, its high was $100.93, and the low was $62.34. On the whole, TTC has fluctuated by 4.92% over the past month.
With the market capitalization of Toro Co currently standing at about $7.22 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 1.48, with its dividend yield at 2.05%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that TTC’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 2.68, with the price of TTC currently trading nearly 5.26% and 1.71% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 58.52, while the 7-day volatility ratio is showing 2.08% which for the 30-day chart, stands at 2.54%. Furthermore, Toro Co (TTC)’s beta value is 0.81, and its average true range (ATR) is 1.96.
A comparison of Toro Co (TTC) with its peers suggests the former has fared considerably weaker in the market. TTC showed an intraday change of 0.75% in last session, and over the past year, it shrunk by -18.80%%.
Data on historical trading for Toro Co (NYSE:TTC) indicates that the trading volumes over the past 3 months, they’ve averaged 1.16 million. According to company’s latest data on outstanding shares, there are 100.30 million shares outstanding.
Nearly 0.26% of Toro Co’s shares belong to company insiders and institutional investors own 92.75% of the company’s shares. The stock has fallen by -9.70% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TTC stock heading into the next quarter.
