NEW YORK (
) is trading at unusually high volume Thursday with 553,654 shares changing hands. It is currently at 4.2 times its average daily volume and trading up $1.36 (+2.1%) at $65.16 as of 3:14 p.m. ET.
Toro has a market cap of $1.88 billion and is part of the
industry. Shares are up 5.2% year to date as of the close of trading on Wednesday.
The Toro Company designs, manufactures, and markets professional turf maintenance equipment and services worldwide. The company has a P/E ratio of 17.2, equal to the average industrial industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Toro as a
. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, notable return on equity and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full
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