Toro (TTC) Stock Forecast, Price Target & Predictions
TTC Stock Forecast
Toro stock forecast is as follows: an average price target of $111.00 (represents a 35.30% upside from TTC’s last price of $82.04) and a rating consensus of 'Buy', based on 12 wall street analysts offering a 1-year stock forecast.
TTC Price Target
The average price target for Toro (TTC) is $111.00 based on 1-year price targets from 12 Wall Street analysts in the past 3 months, with a price target range of $130.00 to $92.00. This represents a potential 35.30% upside from TTC's last price of $82.04.
TTC Analyst Ratings
According to 12 Wall Street analysts, Toro's rating consensus is 'Buy'. The analyst rating breakdown for TTC stock is 0 'Strong Buy' (0.00%), 10 'Buy' (83.33%), 1 'Hold' (8.33%), 1 'Sell' (8.33%), and 0 'Strong Sell' (0.00%).
Toro Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 06, 2024 | Timothy Wojs | Robert W. Baird | $92.00 | $81.82 | 12.44% | 12.14% |
| Aug 28, 2024 | Timothy Wojs | Robert W. Baird | $102.00 | $90.58 | 12.61% | 24.33% |
| Jun 07, 2024 | Timothy Wojs | Robert W. Baird | $100.00 | $91.11 | 9.76% | 21.89% |
| May 30, 2024 | Timothy Wojs | Robert W. Baird | $90.00 | $78.80 | 14.21% | 9.70% |
| Dec 23, 2022 | Samuel Darkatsh | Raymond James | $130.00 | $112.98 | 15.06% | 58.46% |
The latest Toro stock forecast, released on Sep 06, 2024 by Timothy Wojs from Robert W. Baird, set a price target of $92.00, which represents a 12.44% increase from the stock price at the time of the forecast ($81.82), and a 12.14% increase from TTC last price ($82.04).
Toro Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 3 | 4 |
| Avg Price Target | $97.00 | $98.00 | $96.00 |
| Last Closing Price | $82.04 | $82.04 | $82.04 |
| Upside/Downside | 18.24% | 19.45% | 17.02% |
In the current month, the average price target of Toro stock is $97.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 18.24% increase as opposed to Toro's last price of $82.04. This month's average price target is down -1.02% compared to last quarter, and up 1.04% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Dec 23, 2022 | Loop Capital Markets | - | Sell | Downgrade |
| Dec 23, 2022 | Raymond James | - | Outperform | Upgrade |
| Sep 06, 2022 | Laidlaw | - | Buy | Initialise |
| Sep 06, 2022 | EF Hutton | - | Buy | Initialise |
| Sep 06, 2022 | Janney Montgomery | - | Neutral | Initialise |
| Sep 06, 2022 | Deutsche Bank | - | Buy | Initialise |
| Sep 06, 2022 | Piper Sandler | - | Overweight | Initialise |
| Sep 06, 2022 | Cowen & Co. | - | Buy | Initialise |
| Sep 06, 2022 | Needham | - | Buy | Initialise |
| Sep 06, 2022 | JMP Securities | - | Market Outperform | Initialise |
Toro's last stock rating was published by Loop Capital Markets on Dec 23, 2022. The company Downgrade its TTC rating from "null" to "Sell".
Toro Financial Forecast
Toro Revenue Forecast
| Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | $1.00B | - | $372.35M | $1.34B | $1.15B | - | - | - | - | - | - | - | - | - | - | $929.40M | - | - | $838.71M |
| Avg Forecast | $1.23B | $1.37B | $1.45B | $1.06B | $1.15B | $1.28B | $1.39B | $1.08B | $1.11B | $1.26B | $1.34B | $1.00B | $973.65M | $1.22B | $1.44B | $1.16B | $1.18B | $1.17B | $1.27B | $967.82M | $955.89M | $954.66M | $1.13B | $851.36M | $772.20M | $772.58M | $1.03B | $788.31M | $745.03M | $876.34M |
| High Forecast | $1.23B | $1.37B | $1.45B | $1.06B | $1.15B | $1.28B | $1.39B | $1.08B | $1.11B | $1.27B | $1.34B | $1.00B | $984.88M | $1.22B | $1.44B | $1.16B | $1.18B | $1.19B | $1.30B | $982.31M | $970.19M | $968.95M | $1.14B | $864.10M | $783.76M | $784.14M | $1.05B | $800.11M | $756.18M | $889.45M |
| Low Forecast | $1.23B | $1.37B | $1.45B | $1.06B | $1.15B | $1.28B | $1.39B | $1.08B | $1.11B | $1.24B | $1.34B | $1.00B | $956.52M | $1.22B | $1.44B | $1.16B | $1.18B | $1.15B | $1.24B | $947.43M | $935.75M | $934.55M | $1.10B | $833.42M | $755.93M | $756.30M | $1.01B | $771.70M | $729.33M | $857.87M |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 7 | 4 | 4 | 7 | 5 | 3 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.00% | - | 0.30% | 0.93% | 0.99% | - | - | - | - | - | - | - | - | - | - | 0.90% | - | - | 0.96% |
Toro's average Quarter revenue forecast for May 24 based on 2 analysts is $1.34B, with a low forecast of $1.34B, and a high forecast of $1.34B. TTC's average Quarter revenue forecast represents a 34.10% increase compared to the company's last Quarter revenue of $1.00B (Feb 24).
Toro EBITDA Forecast
| Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 7 | 4 | 4 | 7 | 5 | 3 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | $88.60M | - | $164.93M | $253.39M | $173.72M | - | - | - | - | - | - | - | - | - | - | $152.80M | - | - | $99.19M |
| Avg Forecast | $189.17M | $211.20M | $223.14M | $164.00M | $177.15M | $197.34M | $214.98M | $167.30M | $171.89M | $194.29M | $134.82M | $154.86M | $150.25M | $188.78M | $122.56M | $178.71M | $147.89M | $180.40M | $196.35M | $97.00M | $116.91M | $197.46M | $145.09M | $94.12M | $80.41M | $156.05M | $104.98M | $74.02M | $114.97M | $135.24M |
| High Forecast | $189.17M | $211.20M | $223.14M | $164.00M | $177.15M | $197.34M | $214.98M | $167.30M | $171.89M | $195.83M | $161.78M | $154.86M | $151.99M | $188.78M | $147.07M | $178.71M | $177.46M | $183.05M | $200.86M | $116.40M | $140.29M | $236.95M | $174.11M | $112.94M | $96.49M | $187.26M | $125.98M | $88.83M | $116.69M | $137.26M |
| Low Forecast | $189.17M | $211.20M | $223.14M | $164.00M | $177.15M | $197.34M | $214.98M | $167.30M | $171.89M | $191.21M | $107.85M | $154.86M | $147.61M | $188.78M | $98.05M | $178.71M | $118.31M | $177.49M | $191.34M | $77.60M | $93.53M | $157.97M | $116.07M | $75.30M | $64.33M | $124.84M | $83.99M | $59.22M | $112.55M | $132.39M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.57% | - | 0.87% | 2.07% | 0.97% | - | - | - | - | - | - | - | - | - | - | 1.46% | - | - | 0.73% |
2 analysts predict TTC's average Quarter EBITDA for May 24 to be $134.82M, with a high of $161.78M and a low of $107.85M. This is 52.16% upper than Toro's previous annual EBITDA (Feb 24) of $88.60M.
Toro Net Income Forecast
| Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 7 | 4 | 4 | 7 | 5 | 3 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | $64.90M | - | $-14.96M | $167.47M | $106.86M | - | - | - | - | - | - | - | - | - | - | $98.45M | - | - | $60.61M |
| Avg Forecast | $127.21M | $148.86M | $180.47M | $108.26M | $121.52M | $141.09M | $155.73M | $82.85M | $109.55M | $128.93M | $78.68M | $68.97M | $58.78M | $130.08M | $71.53M | $98.66M | $96.19M | $118.98M | $129.52M | $56.71M | $76.04M | $134.01M | $96.44M | $55.54M | $49.82M | $100.54M | $62.84M | $36.60M | $47.81M | $76.43M |
| High Forecast | $127.21M | $148.86M | $180.47M | $108.26M | $121.52M | $141.09M | $155.73M | $82.85M | $109.55M | $129.98M | $94.42M | $68.97M | $61.93M | $130.08M | $85.83M | $98.66M | $115.43M | $121.25M | $133.38M | $68.05M | $91.25M | $160.82M | $115.73M | $66.64M | $59.79M | $120.65M | $75.41M | $43.92M | $48.74M | $77.92M |
| Low Forecast | $127.21M | $148.86M | $180.47M | $108.26M | $121.52M | $141.09M | $155.73M | $82.85M | $109.55M | $127.88M | $62.94M | $68.97M | $56.68M | $130.08M | $57.22M | $98.66M | $76.95M | $116.48M | $125.22M | $45.36M | $60.83M | $107.21M | $77.15M | $44.43M | $39.86M | $80.43M | $50.27M | $29.28M | $46.50M | $74.34M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.94% | - | -0.12% | 2.34% | 1.08% | - | - | - | - | - | - | - | - | - | - | 1.57% | - | - | 0.79% |
Toro's average Quarter net income forecast for May 24 is $78.68M, with a range of $62.94M to $94.42M. TTC's average Quarter net income forecast represents a 21.23% increase compared to the company's last Quarter net income of $64.90M (Feb 24).
Toro SG&A Forecast
| Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 7 | 4 | 4 | 7 | 5 | 3 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | $255.90M | - | - | $260.93M | $259.50M | - | - | - | - | - | - | - | - | - | - | $180.92M | - | - | $192.04M |
| Avg Forecast | $266.71M | $297.78M | $314.61M | $231.22M | $249.77M | $278.23M | $303.11M | $235.87M | $242.35M | $273.93M | $236.40M | $218.35M | $211.84M | $266.17M | $214.91M | $251.97M | $208.90M | $254.35M | $276.83M | $203.04M | $165.14M | $209.49M | $150.43M | $159.16M | $100.03M | $184.77M | $176.58M | $192.99M | $162.10M | $190.67M |
| High Forecast | $266.71M | $297.78M | $314.61M | $231.22M | $249.77M | $278.23M | $303.11M | $235.87M | $242.35M | $276.11M | $283.69M | $218.35M | $214.29M | $266.17M | $257.90M | $251.97M | $250.68M | $258.09M | $283.19M | $243.65M | $198.17M | $251.38M | $180.51M | $191.00M | $120.03M | $221.73M | $211.90M | $231.59M | $164.53M | $193.52M |
| Low Forecast | $266.71M | $297.78M | $314.61M | $231.22M | $249.77M | $278.23M | $303.11M | $235.87M | $242.35M | $269.59M | $189.12M | $218.35M | $208.12M | $266.17M | $171.93M | $251.97M | $167.12M | $250.24M | $269.77M | $162.43M | $132.11M | $167.59M | $120.34M | $127.33M | $80.02M | $147.82M | $141.27M | $154.39M | $158.68M | $186.65M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.17% | - | - | 1.21% | 1.03% | - | - | - | - | - | - | - | - | - | - | 1.02% | - | - | 1.01% |
Toro's average Quarter SG&A projection for May 24 is $236.40M, based on 2 Wall Street analysts, with a range of $189.12M to $283.69M. The forecast indicates a -7.62% fall compared to TTC last annual SG&A of $255.90M (Feb 24).
Toro EPS Forecast
| Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 7 | 4 | 4 | 7 | 5 | 3 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | $0.62 | - | - | $1.60 | $1.02 | - | - | - | - | - | - | - | - | - | - | $0.92 | - | - | $0.57 |
| Avg Forecast | $1.21 | $1.42 | $1.72 | $1.03 | $1.16 | $1.34 | $1.48 | $0.79 | $1.04 | $1.23 | $1.29 | $0.66 | $0.56 | $1.24 | $1.52 | $0.94 | $1.08 | $1.13 | $1.24 | $0.63 | $0.53 | $0.78 | $1.19 | $0.75 | $0.52 | $0.55 | $1.01 | $0.58 | $0.46 | $0.73 |
| High Forecast | $1.21 | $1.42 | $1.72 | $1.03 | $1.16 | $1.34 | $1.48 | $0.79 | $1.04 | $1.24 | $1.29 | $0.66 | $0.59 | $1.24 | $1.52 | $0.94 | $1.08 | $1.16 | $1.27 | $0.64 | $0.54 | $0.80 | $1.22 | $0.77 | $0.53 | $0.56 | $1.03 | $0.59 | $0.47 | $0.74 |
| Low Forecast | $1.21 | $1.42 | $1.72 | $1.03 | $1.16 | $1.34 | $1.48 | $0.79 | $1.04 | $1.22 | $1.29 | $0.66 | $0.54 | $1.24 | $1.52 | $0.94 | $1.08 | $1.11 | $1.20 | $0.61 | $0.52 | $0.76 | $1.16 | $0.73 | $0.50 | $0.53 | $0.98 | $0.56 | $0.44 | $0.71 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.94% | - | - | 1.05% | 1.08% | - | - | - | - | - | - | - | - | - | - | 0.91% | - | - | 0.78% |
According to 2 Wall Street analysts, Toro's projected average Quarter EPS for May 24 is $1.29, with a low estimate of $1.29 and a high estimate of $1.29. This represents a 108.86% increase compared to TTC previous annual EPS of $0.62 (Feb 24).
Toro Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| SWK | Stanley Black & Decker | $97.18 | $155.00 | 59.50% | Hold |
| HLMN | Hillman Solutions | $9.50 | $13.50 | 42.11% | Hold |
| TTC | Toro Company | $82.04 | $111.00 | 35.30% | Buy |
| LECO | Lincoln Electric | $175.06 | $212.80 | 21.56% | Buy |
| TKR | Timken Company | $78.36 | $90.00 | 14.85% | Buy |
| KMT | Kennametal | $24.25 | $26.57 | 9.57% | Hold |
| SNA | Snap-on | $270.84 | $294.33 | 8.67% | Buy |
TTC Forecast FAQ
Is Toro a good buy?
Yes, according to 12 Wall Street analysts, Toro (TTC) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 10 'Buy' recommendations, accounting for 83.33% of TTC's total ratings.
What is TTC's price target?
Toro (TTC) average price target is $111 with a range of $92 to $130, implying a 35.30% from its last price of $82.04. The data is based on 12 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Toro stock go up soon?
According to Wall Street analysts' prediction for TTC stock, the company can go up by 35.30% (from the last price of $82.04 to the average price target of $111), up by 58.46% based on the highest stock price target, and up by 12.14% based on the lowest stock price target.
Can Toro stock reach $120?
TTC's highest twelve months analyst stock price target of $130 supports the claim that Toro can reach $120 in the near future.
What is Toro's current price target trend?
2 Wall Street analysts forecast a $97 price target for Toro (TTC) this month, up 18.24% from its last price of $82.04. Compared to the last 3 and 12 months, the average price target increased by 19.45% and increased by 17.02%, respectively.
Did the TTC's actual financial results beat the analysts' financial forecasts?
In terms of the last quarterly report (Feb 2024), Toro's revenue was $1B, missing the average analysts' forecast of $1B by -0.16%. The company's EBITDA was $88.6M, missing the average prediction of $154.86M by -42.79%. Toro's net income was $64.9M, missing the average estimation of $68.97M by -5.90%. The company's SG&A was $255.9M, beating the average forecast of $218.35M by 17.20%. Lastly, the company's EPS was $0.62, missing the average prediction of $0.657 by -5.70%