- Toro’s adjusted EPS for the first quarter was 65 cents, exceeding estimates of 63 cents and surpassing last year’s 64 cents.
- Net sales totaled $995 million, slightly down by 0.7% from last year, and below the estimated $1.01 billion.
- Professional segment net sales increased by 1.6%, reaching $768.8 million, slightly below the estimated $773.9 million.
- Residential segment net sales fell by 8% to $221 million, missing the estimated $226.7 million.
- The actual EPS was 52 cents compared to 62 cents in the previous year.
- Adjusted operating income increased by 1.6% to $94 million, surpassing the estimate of $87.3 million.
- For fiscal 2025, the company expects sales growth of 0% to 1% and adjusted diluted EPS of $4.25 to $4.40.
- Toro’s CEO highlighted strong execution, improved professional segment earnings, and the success of the AMP initiative.
- The company returned $100 million to shareholders through share repurchases, indicating strong cash flow and confidence.
- Growth in the professional segment was driven by demand for golf and grounds products, and new zero-turn mowers.
- Analysts’ current ratings include three buys and three holds, with no sell recommendations.
A look at Toro Co Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
With a mixed bag of Smartkarma Smart Scores for Toro Co, the long-term outlook for the company appears to be moderate. While Toro Co scores well in Momentum, indicating strong market performance in the short term, its Value score suggests that the stock may not be undervalued. The Growth, Resilience, and Dividend scores all fall in the middle range, pointing towards stable but not spectacular performance across these key areas. As such, investors may want to consider a balanced approach when assessing Toro Co‘s potential for long-term growth.
The Toro Company, known for its range of turf equipment, is a global player in the professional turf maintenance and residential yard products market. Under various trademarks like Toro, Wheel Horse, and Lawn-Boy, the company offers a diverse portfolio of products, including irrigation systems and landscaping equipment. With a focus on serving both professional and residential customers, Toro Co‘s stronghold in the turf equipment industry positions it as a key player to watch in the evolving market landscape.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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