Toro Co. (TTC, Financial) has announced its fiscal 2024 financial results, reporting a net profit of $419 million, a 26.97% increase compared to the previous year. The company's operating revenue reached $4.579 billion, marking a slight rise of 0.86%. Basic earnings per share were reported at $4.04.
On the balance sheet, Toro Co.'s total liabilities stand at $2.031 billion, including short-term debt of $30.3 million. The debt-to-asset ratio is 1.77, while the current ratio is 1.81.
As of December 20, 2024, two institutions have provided target price forecasts for Toro Co., with an average target price of $97.50. The lowest target price is $88.00, and the highest is $107.00.
Toro Co. specializes in manufacturing lawn maintenance and landscaping equipment, including mowers, irrigation systems, and snow management products, primarily serving the U.S. market.
