Shares of The Toro Company (TTC - Free Report) scaled a new 52-week high of $69.57 on Jun 2, before retracing to close the day at $69.08.
This Bloomington, MN-based provider of turf and landscape maintenance equipment, as well as irrigation solutions for golf courses, has a market cap of roughly $7.43 billion. The average volume of shares traded in the last three months is around 489.5K.
The stock delivered a year-to-date return of around 23.8%. The company beat the Zacks Consensus Estimate in three out of the trailing four quarters, with an average positive surprise of 9.60%.
In the past one year, Toro outperformed the Zacks categorized Tools - Handheld industry. The company’s shares gained around 57.6% during this period as compared with roughly 22.1% growth recorded by the industry.
Driving Factors
Toro's share price has been on the rise since the company reported record second-quarter fiscal 2017 results on May 25. Toro reported second-quarter fiscal 2017 (ended May 5, 2017) results, wherein earnings improved over 14.9% to $1.08 per share from 94 cents recorded in the year-ago quarter. Further, earnings beat the Zacks Consensus Estimate of $1.03.
Toro Company Price and Consensus
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Shares of The Toro Company (TTC - Free Report) scaled a new 52-week high of $69.57 on Jun 2, before retracing to close the day at $69.08.
This Bloomington, MN-based provider of turf and landscape maintenance equipment, as well as irrigation solutions for golf courses, has a market cap of roughly $7.43 billion. The average volume of shares traded in the last three months is around 489.5K.
The stock delivered a year-to-date return of around 23.8%. The company beat the Zacks Consensus Estimate in three out of the trailing four quarters, with an average positive surprise of 9.60%.
In the past one year, Toro outperformed the Zacks categorized Tools - Handheld industry. The company’s shares gained around 57.6% during this period as compared with roughly 22.1% growth recorded by the industry.
Driving Factors
Toro's share price has been on the rise since the company reported record second-quarter fiscal 2017 results on May 25. Toro reported second-quarter fiscal 2017 (ended May 5, 2017) results, wherein earnings improved over 14.9% to $1.08 per share from 94 cents recorded in the year-ago quarter. Further, earnings beat the Zacks Consensus Estimate of $1.03.
Toro Company Price and Consensus
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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