Why The Toro Company Shares Are Trading Lower Today
TTC Stock | USD 85.11 1.30 1.55% |
About 65% of all Toro's shareholders are looking to take a long position. The analysis of the overall investor sentiment regarding Toro Co suggests that some traders are interested. The current market sentiment, together with Toro's historical and current headlines, can help investors time the market. In addition, many technical investors use Toro stock news signals to limit their universe of possible portfolio assets.
Toro |
Shares of outdoor equipment company Toro fell 12 percent in the afternoon session after the company reported second-quarter earnings results. Its revenue unfortunately missed, and its EPS fell short of Wall Streets estimates. The company expects macro uncertainty to weigh on demand in some segments of its business. As a result, the company provided a modest FY24 revenue growth forecast of 1. Overall, this was a mediocre quarter.
Read at finance.yahoo.com
Toro Current Investor Sentiment
Panic Vs Confidence
65
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Toro's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Toro Co.
News SentimentBullish | Hype SentimentNeutral | Insider SentimentDisposing |
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 Historical Investor Sentiment
Investor biases related to Toro's public news can be used to forecast risks associated with an investment in Toro. The trend in average sentiment can be used to explain how an investor holding Toro can time the market purely based on public headlines and social activities around Toro Co. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Toro's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Toro and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Toro news discussions. The higher the estimate score, the more favorable the investor's outlook on Toro.
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.
Return On Asset
Return On Asset Comparative Analysis
Toro is currently under evaluation in return on asset category among its peers. Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
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
RBC | RBC Bearings | 3.81 | ||||
LECO | Lincoln Electric | 2.40 | ||||
HLMN | Hillman Solutions | 1.90 | ||||
SWK | Stanley Black | 1.80 | ||||
SNA | Snap On | 1.26 | ||||
EML | Eastern | 1.24 | ||||
KMT | Kennametal | 1.01 | ||||
TKR | Timken | 0.98 |
Complementary Tools for Toro Stock analysis
When running Toro's price analysis, check to measure Toro's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Toro is operating at the current time. Most of Toro's value examination focuses on studying past and present price action to predict the probability of Toro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Toro's price. Additionally, you may evaluate how the addition of Toro to your portfolios can decrease your overall portfolio volatility.
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