Toro traded at $88.68 this Friday May 15th, decreasing $0.78 or 0.87 percent since the previous trading session. Looking back, over the last four weeks, Toro lost 4.39 percent. Over the last 12 months, its price rose by 13.98 percent. Looking ahead, we forecast Toro to be priced at 86.90 by the end of this quarter and at 81.76 in one year, according to Trading Economics global macro models projections and analysts expectations.
The Toro Company is in the business of designing, manufacturing, marketing, and selling professional turf maintenance equipment and services; turf irrigation systems; landscaping equipment and lighting products; snow and ice management products; agricultural irrigation systems; rental, specialty, and underground construction equipment; and residential yard and snow thrower products. The Company operates through two segments: Professional and Residential. The Professional segment designs professional turf; landscape and lighting; rental, specialty, and underground construction; snow and ice management; and agricultural products. The Residential Segment offers a range of products, including Walk Power Mower, Zero-Turn Riding Mowers, Snow Thrower Products, and Home Solutions Products. This segment markets and sell its products to homeowners through a variety of distribution channels, including outdoor power equipment distributors and dealers, mass retailers, and hardware retailers.