The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the heavy machinery & vehicles peer group is "buy"
Wall Street's median 12-month price target for The Toro Company is $117.00, about 18% above its September 2 closing price of $99.15
The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 18 three months ago
Segment drivers behind the quarterly results
Professional segment demand - Co said higher volume, improved pricing, and Tornado acquisition drove Professional segment sales growth
Residential segment improvement - Co said higher volume of walk power mowers and improved pricing drove Residential segment growth
TTC•
