Toro Company (NYSE:TTC) hit a new 52-week high Friday as it changed hands at $67.55 compared with its previous 52-week high of $67.22. Toro is currently trading at $67.50 with 27,399 shares changing hands as of 10:01 a.m.
NEW YORK ( TheStreet) -- Toro Company (NYSE: TTC) hit a new 52-week high Friday as it traded at $67.55 compared with its previous 52-Week high of $67.22. Toro is changing hands at $67.50 with 27,399 shares traded as of 10:01 a.m. ET. Average volume has been 225,800 shares over the past 30 days. Toro has a market cap of $2.1 billion and is part of the industrial goods sector and industrial industry. Shares are up 7.4% year to date as of the close of trading on Thursday. The Toro Company designs, manufactures, and markets professional turf maintenance equipment and services worldwide. It operates in two segments, Professional and Residential. The Professional segment designs professional turf and agricultural products. The company has a P/E ratio of 22.1, above the average industrial industry P/E ratio of 22 and above the S&P 500 P/E ratio of 16.4.
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TheStreet Ratings rates Toro as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, robust revenue growth, notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Toro Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.