13,966 Shares in The Toro Company Purchased by Ontario Teachers Pension Plan Board - MarketBeat
TORO Stock | 2.70 0.02 0.74% |
About 62% of Toro's investor base is looking to short. The current sentiment of investing in Toro suggests that many traders are alarmed. Toro's investing sentiment overview a quick insight into current market opportunities from investing in Toro. Many technical investors use Toro stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Toro |
13,966 Shares in The Toro Company Purchased by Ontario Teachers Pension Plan Board MarketBeat
Read at news.google.com
Toro Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Toro can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Toro Fundamental Analysis
We analyze Toro's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Toro using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Toro based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Asset
Current Asset Comparative Analysis
Toro is currently under evaluation in current asset category among its peers. Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Toro Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Toro stock to make a market-neutral strategy. Peer analysis of Toro could also be used in its relative valuation, which is a method of valuing Toro by comparing valuation metrics with similar companies.
Peers
Toro Related Equities
GLBS | Globus Maritime | 14.50 | ||||
CTRM | Castor Maritime | 3.18 | ||||
ESEA | Euroseas | 2.66 | ||||
TOPS | TOP Ships | 1.95 | ||||
DSX | Diana Shipping | 1.90 | ||||
PXS | Pyxis Tankers | 1.49 | ||||
SB | Safe Bulkers | 1.21 | ||||
NMM | Navios Maritime | 0.82 | ||||
SHIP | Seanergy Maritime | 0.24 | ||||
SBLK | Star Bulk | 0.43 | ||||
GOGL | Golden Ocean | 0.45 | ||||
ZIM | ZIM Integrated | 1.86 | ||||
PSHG | Performance Shipping | 2.70 | ||||
USEA | United Maritime | 2.84 | ||||
CLCO | Cool | 4.45 |
Check out Toro Hype Analysis, Toro Correlation and Toro Performance. To learn how to invest in Toro Stock, please use our How to Invest in Toro guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Toro. If investors know Toro will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Toro listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (1.00) | Earnings Share 2.88 | Revenue Per Share 2.086 | Quarterly Revenue Growth (0.78) | Return On Assets (0.0006) |
The market value of Toro is measured differently than its book value, which is the value of Toro that is recorded on the company's balance sheet. Investors also form their own opinion of Toro's value that differs from its market value or its book value, called intrinsic value, which is Toro's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Toro's market value can be influenced by many factors that don't directly affect Toro's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Toro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Toro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Toro's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.