Toro Co Stock Beta
| TTC Stock | USD 87.59 0.30 0.34% |
Toro Co fundamentals help investors to digest information that contributes to Toro's financial success or failures. It also enables traders to predict the movement of Toro Stock. The fundamental analysis module provides a way to measure Toro's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Toro stock.
Toro | Beta |
Toro Co Company Beta Analysis
Toro's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Toro Beta | 0.72 |
Most of Toro's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Toro Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Toro Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Toro is extremely important. It helps to project a fair market value of Toro Stock properly, considering its historical fundamentals such as Beta. Since Toro's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Toro's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Toro's interrelated accounts and indicators.
Click cells to compare fundamentals
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Toro Co has a Beta of 0.718. This is 47.59% lower than that of the Machinery sector and 38.63% lower than that of the Industrials industry. The beta for all United States stocks is notably lower than that of the firm.
Toro Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Toro's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Toro could also be used in its relative valuation, which is a method of valuing Toro by comparing valuation metrics of similar companies.Toro is currently under evaluation in beta category among related companies.
Toro ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Toro's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Toro's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Toro Institutional Holders
Institutional Holdings refers to the ownership stake in Toro that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Toro's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Toro's value.| Shares | Wellington Management Company Llp | 2023-12-31 | 1.8 M | Geode Capital Management, Llc | 2023-12-31 | 1.8 M | Nordea Investment Mgmt Bank Demark A/s | 2023-12-31 | 1.5 M | Jpmorgan Chase & Co | 2023-12-31 | 1.4 M | Bank Of New York Mellon Corp | 2023-12-31 | 1.3 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 1.3 M | Durable Capital Partners Lp | 2023-12-31 | 1.2 M | Norges Bank | 2023-12-31 | 1.1 M | Amvescap Plc. | 2023-12-31 | 1.1 M | Vanguard Group Inc | 2023-12-31 | 10.5 M | Blackrock Inc | 2023-12-31 | 10.4 M |
As returns on the market increase, Toro's returns are expected to increase less than the market. However, during the bear market, the loss of holding Toro is expected to be smaller as well.
Toro Fundamentals
| Return On Equity | 0.19 | ||||
| Return On Asset | 0.0902 | ||||
| Profit Margin | 0.07 % | ||||
| Operating Margin | 0.09 % | ||||
| Current Valuation | 10.29 B | ||||
| Shares Outstanding | 104.41 M | ||||
| Shares Owned By Insiders | 0.50 % | ||||
| Shares Owned By Institutions | 91.18 % | ||||
| Number Of Shares Shorted | 5.38 M | ||||
| Price To Earning | 32.76 X | ||||
| Price To Book | 5.79 X | ||||
| Price To Sales | 2.03 X | ||||
| Revenue | 4.55 B | ||||
| Gross Profit | 1.58 B | ||||
| EBITDA | 729.7 M | ||||
| Net Income | 329.7 M | ||||
| Cash And Equivalents | 188.25 M | ||||
| Cash Per Share | 2.22 X | ||||
| Total Debt | 1.16 B | ||||
| Debt To Equity | 0.88 % | ||||
| Current Ratio | 1.59 X | ||||
| Book Value Per Share | 14.88 X | ||||
| Cash Flow From Operations | 306.8 M | ||||
| Short Ratio | 8.61 X | ||||
| Earnings Per Share | 2.74 X | ||||
| Price To Earnings To Growth | 1.34 X | ||||
| Target Price | 100.14 | ||||
| Number Of Employees | 10.71 K | ||||
| Beta | 0.72 | ||||
| Market Capitalization | 9.18 B | ||||
| Total Asset | 3.64 B | ||||
| Retained Earnings | 1.44 B | ||||
| Working Capital | 850.2 M | ||||
| Current Asset | 779.01 M | ||||
| Current Liabilities | 463.84 M | ||||
| Annual Yield | 0.02 % | ||||
| Five Year Return | 1.21 % | ||||
| Net Asset | 3.64 B | ||||
| Last Dividend Paid | 1.38 |
About Toro Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Toro Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Toro using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Toro Co based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Toro Investors Sentiment
The influence of Toro's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Toro. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Toro's public news can be used to forecast risks associated with an investment in Toro. The trend in average sentiment can be used to explain how an investor holding Toro can time the market purely based on public headlines and social activities around Toro Co. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Toro's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Toro's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Toro's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Toro.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Toro in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Toro's short interest history, or implied volatility extrapolated from Toro options trading.
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When determining whether Toro offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Toro's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Toro Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Toro Co Stock:Check out Toro Piotroski F Score and Toro Altman Z Score analysis. For information on how to trade Toro Stock refer to our How to Trade Toro Stock guide.You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for Toro Stock analysis
When running Toro's price analysis, check to measure Toro's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Toro is operating at the current time. Most of Toro's value examination focuses on studying past and present price action to predict the probability of Toro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Toro's price. Additionally, you may evaluate how the addition of Toro to your portfolios can decrease your overall portfolio volatility.
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Is Toro's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Toro. If investors know Toro will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Toro listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.39) | Dividend Share 1.38 | Earnings Share 2.74 | Revenue Per Share 42.216 | Quarterly Revenue Growth (0.13) |
The market value of Toro is measured differently than its book value, which is the value of Toro that is recorded on the company's balance sheet. Investors also form their own opinion of Toro's value that differs from its market value or its book value, called intrinsic value, which is Toro's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Toro's market value can be influenced by many factors that don't directly affect Toro's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Toro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Toro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Toro's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.