Toro Reaches New 52-Week High (TTC)

NEW YORK ( TheStreet) -- Toro Company (NYSE: TTC) hit a new 52-week high Thursday as it is currently trading at $73.53, above its previous 52-week high of $73.05 with 250,880 shares traded as of 12:05 p.m. ET. Average volume has been 200,300 shares over the past 30 days.

Toro has a market cap of $2.03 billion and is part of the industrial goods sector and industrial industry. Shares are up 12.3% 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 17.7, equal to the average industrial industry P/E ratio and equal to the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Toro as a buy. 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 Toro Ratings Report.

See all 52-week high stocks or get investment ideas from our investment research center.