Somewhat Positive Press Coverage Somewhat Unlikely to Affect Toro (TTC) Share Price
Media headlines about Toro (NYSE:TTC) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Toro earned a news sentiment score of 0.18 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 46.9579350985986 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the news articles that may have effected Accern Sentiment Analysis’s scoring:
- Toro Breaks Above 200-Day Moving Average – Bullish for TTC (nasdaq.com)
- Marvell (MRVL) “Hold” Rating Reconfirmed by Analysts at Stifel Nicolaus; With $19.0 Target; Toro Company (TTC … – Hill Country Times (hillcountrytimes.com)
- The Toro Company to Announce Fiscal 2017 Full Year Results – Business Wire (press release) (businesswire.com)
- The Toro Company : to Announce Fiscal 2017 Full Year Results (4-traders.com)
TTC has been the topic of a number of research analyst reports. BidaskClub raised shares of Toro from a “hold” rating to a “buy” rating in a research report on Thursday, August 10th. Dougherty & Co cut shares of Toro from a “buy” rating to a “neutral” rating in a research report on Friday, August 25th. Finally, Seaport Global Securities cut shares of Toro from a “buy” rating to a “neutral” rating and set a $67.00 price objective on the stock. in a research report on Friday, August 25th. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Toro presently has an average rating of “Hold” and a consensus price target of $63.75.
In other news, Director Katherine J. Harless sold 6,000 shares of the stock in a transaction dated Friday, September 29th. The shares were sold at an average price of $61.88, for a total transaction of $371,280.00. Following the transaction, the director now owns 77,672 shares of the company’s stock, valued at approximately $4,806,343.36. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold a total of 56,000 shares of company stock worth $375,780 in the last three months. Insiders own 5.69% of the company’s stock.
Toro Company Profile
The Toro Company (Toro) is engaged in the designing, manufacturing, and marketing of professional turf maintenance equipment and services, turf irrigation systems, landscaping equipment and lighting products, snow and ice management products, agricultural micro-irrigation systems, rental and specialty construction equipment, and residential yard and snow thrower products.
Receive News & Stock Ratings for Toro Company (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Toro Company (The) and related stocks with our FREE daily email newsletter.