Q3 Earnings Forecast for Toro Issued By Northland Securities

Toro Company (The) (NYSE:TTC) – Northland Securities decreased their Q3 2026 earnings per share estimates for Toro in a report released on Monday, March 9th. Northland Securities analyst E. Jackson now forecasts that the company will post earnings of $1.17 per share for the quarter, down from their prior forecast of $1.19. The consensus estimate for Toro’s current full-year earnings is $4.41 per share. Northland Securities also issued estimates for Toro’s Q4 2027 earnings at $1.09 EPS, FY2028 earnings at $5.22 EPS and FY2030 earnings at $5.74 EPS.

Toro (NYSE:TTC) last posted its quarterly earnings data on Thursday, March 5th. The company reported $0.74 earnings per share for the quarter, beating the consensus estimate of $0.65 by $0.09. Toro had a return on equity of 29.60% and a net margin of 7.28%.The company had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1 billion. During the same period in the prior year, the business earned $0.65 earnings per share. Toro’s revenue for the quarter was up 4.2% compared to the same quarter last year. Toro has set its FY 2026 guidance at 4.400-4.600 EPS.

Several other analysts have also issued reports on the stock. Raymond James Financial lowered shares of Toro from an “outperform” rating to a “market perform” rating in a research report on Wednesday, February 18th. Wall Street Zen upgraded shares of Toro from a “hold” rating to a “buy” rating in a research note on Saturday. DA Davidson lifted their target price on Toro from $97.00 to $117.00 and gave the stock a “buy” rating in a research report on Monday. Zacks Research upgraded Toro from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 20th. Finally, Robert W. Baird upped their price target on Toro from $100.00 to $105.00 and gave the company a “neutral” rating in a report on Friday. Two research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $100.40.

Toro Price Performance

NYSE:TTC opened at $99.73 on Tuesday. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.69 and a quick ratio of 0.73. Toro has a one year low of $62.34 and a one year high of $105.18. The company has a fifty day moving average price of $93.20 and a 200 day moving average price of $81.73. The stock has a market cap of $9.67 billion, a P/E ratio of 29.86 and a beta of 0.80.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the company. Davis Capital Management bought a new stake in Toro during the 3rd quarter worth approximately $42,000. Danske Bank A S bought a new position in Toro in the 3rd quarter valued at $46,000. MTM Investment Management LLC acquired a new position in Toro in the second quarter worth $85,000. Quent Capital LLC acquired a new position in Toro in the third quarter worth $97,000. Finally, Harvest Fund Management Co. Ltd bought a new stake in shares of Toro during the third quarter worth $119,000. Institutional investors own 87.95% of the company’s stock.

Toro Company Profile

The Toro Company (NYSE: TTC) specializes in the design, manufacture and marketing of a broad range of outdoor environment equipment for residential, commercial and professional markets. Its product portfolio includes lawn mowers, utility vehicles, snow throwers, irrigation systems and landscape maintenance equipment. Toro’s offerings span walk-behind and ride-on mowers, zero-turn radius mowers, snow blowers, sprinklers, drip irrigation products, spreaders and specialty turf maintenance machines tailored to golf courses, sports fields and municipal parks.

Founded in 1914 and headquartered in Bloomington, Minnesota, Toro has built a century-long legacy of innovation in the grounds-care industry.