Toro Beats Q4 Earnings Expectations, Reports Non-GAAP EPS of $1.11
December 23, 2022
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Toro Company Intrinsic Value – Toro Company ($NYSE:TTC) is a leading global provider of innovative turf, landscape, rental and construction equipment, and irrigation and outdoor lighting solutions. The company reported Non-GAAP earnings per share of $1.11, outdoing the estimated $1.09 by $0.02. This was the result of strong demand for Toro’s products in the residential and professional end-markets, as well as the continued growth in North America and Asia Pacific.
Overall, Toro’s Q4 performance exceeded expectations and provided a strong finish to a challenging year for the company. By continuing to focus on innovation and providing quality products and services to its customers, Toro is well-positioned for continued success in 2021.
Earnings
TORO COMPANY recently released its earnings report for the fourth quarter of FY2022. This is an 8.7% increase in total revenue compared to last year and a 5.9% decrease in net income. This growth can be attributed to the company’s strong performance in its core businesses and its focus on innovation and customer service. The company is also making progress in its strategic initiatives, such as developing new products, expanding its digital capabilities, and forming partnerships with key industry players.
In addition, the company has been investing in its talent base, which is helping it to drive future growth. Overall, TORO COMPANY has reported a solid set of financial results for the fourth quarter of FY2022, which has enabled the company to beat market expectations. The company’s strong performance is expected to continue going forward as it continues to focus on its core businesses and strategic initiatives.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Toro Company. More…
| Total Revenues | Net Income | Net Margin |
| 4.3k | 385.89 | 9.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Toro Company. More…
| Operations | Investing | Financing |
| 232.9 | -538.34 | 10.24 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Toro Company. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.44k | 2.15k | 12.35 |
Key Ratios Snapshot
Some of the financial key ratios for Toro Company are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 13.5% | 15.4% | 11.8% |
| FCF Margin | ROE | ROA |
| 2.3% | 25.4% | 9.3% |
Stock Price
TORO COMPANY recently reported non-GAAP earnings per share (EPS) of $1.11 for the fourth quarter of the year, beating expectations. Despite this positive news, the news coverage surrounding the company has been largely negative. The stock opened on Wednesday at $108.4 and closed at $112.9, up 0.8% from the previous closing price of $112.0. This indicates that investors are pleased with the company’s performance for the quarter and are optimistic about the future. TORO COMPANY has been making strides in increasing their efficiency and expanding their product offerings in order to remain competitive in the market. The company has also been investing in research and development to stay ahead of the curve and create innovative products. The company’s strong performance in the fourth quarter is a testament to their strategic planning and dedication towards creating a successful and sustainable business model.
Investors are optimistic that the company’s performance will continue to improve as they focus on growth and profitability in the coming quarters. Despite the positive news, TORO COMPANY still faces some challenges. The company must continue to focus on increasing their efficiency and product offering in order to remain competitive in a highly dynamic market. They must also remain focused on innovation to stay ahead of their competitors and capture market share. Overall, TORO COMPANY has reported positive results for the fourth quarter and has seen a positive reaction from the markets. The company must continue to focus on improving their operations to ensure long-term success and increased shareholder value. Live Quote…
VI Analysis – Toro Company Intrinsic Value Calculator
TORO COMPANY is a company whose fundamentals reflect its long-term potential. With the help of VI app, one can quickly analyze its financial performance and come up with a fair assessment. According to VI Line, the intrinsic value of TORO COMPANY’s share is around $105.3. However, currently, the stock of TORO COMPANY is traded at $112.9, a price that is slightly overvalued by 7%. This could mean that now may not be the best time to buy its shares. Nonetheless, it also shows that investors are confident about the company’s prospects and its ability to deliver long-term returns. Therefore, investors may want to consider purchasing the company’s shares if they are sure of its long-term potential. More…
VI Peers
Toro Co is a leading manufacturer of hydraulic elements and systems. Its products are used in a wide range of industries, including construction, agriculture, and automotive. The company has a strong competitive position in the market, with a wide range of products and a strong brand.
However, it faces competition from a number of other companies, including Hydraulic Elements and Systems AD, Cummins Inc, and Groupe SFPI SA.
– Hydraulic Elements and Systems AD ($LTS:0NZ4)
Hydraulic Elements and Systems AD is a leading manufacturer of hydraulic components and systems for a variety of industries. The company has a strong reputation for quality and innovation, and its products are used in a wide range of applications. Hydraulic Elements and Systems AD has a market cap of 113.71M as of 2022, a Return on Equity of 13.72%. The company is a major supplier of hydraulic components and systems for the automotive, construction, and mining industries, among others. Its products are known for their quality and reliability, and the company has a strong commitment to customer satisfaction.
– Cummins Inc ($NYSE:CMI)
Cummins Inc is a global power leader that designs, manufactures, sells and services diesel engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems. Headquartered in Columbus, Indiana, USA, Cummins employs approximately 62,600 people in about 190 countries and territories.
– Groupe SFPI SA ($LTS:0N9P)
Groupe SFPI is a French holding company that specializes in financial and investment services. The company has a market capitalization of 189.59 million as of 2022 and a return on equity of 12.35%. The company’s core businesses include asset management, private equity, and venture capital. Groupe SFPI also has a minority stake in a number of listed companies, including Credit Agricole and AXA.
Summary
Investing in Toro Company can be a great opportunity to get in on the ground floor of a company with strong potential. The company has been steadily increasing its revenue and profits over the past few years, and the recent announcement of its Q4 earnings beating expectations is a good sign that it may continue to do so. The company has a strong market presence in the lawn and garden, turf maintenance, and snow and ice management industries, and its products are known for their quality and efficiency. Toro Company has a solid financial position with a strong balance sheet and cash flow. This dividend payment is well above the industry average and signals that Toro Company is committed to rewarding its shareholders.
The company also has a promising outlook due to its focus on innovation and sustainability. Toro Company is constantly looking for ways to improve its products and services, while also looking to reduce its environmental impact through initiatives such as using renewable energy sources and reducing its carbon emissions. This focus on sustainability gives investors confidence that Toro Company’s business model is built for the long term. Overall, investing in Toro Company can be a great opportunity for investors looking to profit from the potential growth of a company with a solid financial position, a good track record of dividend payments, and an eye towards innovation and sustainability.
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