Profile
Sector:
IndustrialsIndustry:
Marine ShippingCountry:
CyprusIPO:
03 March 2023Website:
http://www.torocorp.comNext earnings report:
12 February 2025Last dividends:
N/ANext dividends:
N/APrice
after hours | Fri, 15 Nov 2024 22:00:22 GMTDividend
Analysts recommendations
Institutional Ownership
TORO Latest News
The Toro Company has a long history of attractive growth and a shareholder friendly policy. Since inception, it has grown by nearly 8,500% or at a CAGR of 13.7%. An improvement in the FCF/share figure has triggered a Strong Buy rating from our valuation model. Recently there has been some stagnation in Toro's top-line revenue growth and ROIC, adding a "cautious" opinion to our Strong Buy rating.
LIMASSOL, Cyprus, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ: TORO) (“Toro”, or the “Company”) an international energy transportation services company, announces that the Company's 2024 Annual General Meeting of Shareholders (the “Meeting”) was duly held on September 6, 2024, at 5:00 p.m., local time, at 223 Christodoulou Chatzipavlou Street, Hawaii Royal Gardens, 3036 Limassol, Cyprus.
Toro's stock remains in the $80-100 range due to unimpressive earnings and lowered guidance, with negligible growth expected in the near term. The company is making progress in dealer channel destocking and improving free cash flow, enabling debt reduction and share buybacks. Despite a slight improvement in 3Q EPS, Toro's FY 2024 guidance was revised down, with minimal sales growth and slightly lower operating margins expected.
Weakness in residential lawn care dragged Toro's quarterly results down. The company is seeing strength in its professional segments.
Toro Company (TTC) shares sank Thursday as the manufacturer of lawn mowers and snowblowers reported worse-than-expected results and guidance on falling demand for its products amid what Chief Executive Officer (CEO) Richard Olson called a "very dynamic environment."
Toro (TTC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
NEW YORK, NY / ACCESSWIRE / July 23, 2024 / Pomerantz LLP is investigating claims on behalf of investors of The Toro Company ("Toro" or the "Company") (NYSE:TTC). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.
NEW YORK, July 20, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of The Toro Company (“Toro” or the “Company”) (NYSE: TTC). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.
NEW YORK , July 19, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of The Toro Company ("Toro" or the "Company") (NYSE: TTC). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.
NEW YORK, NY / ACCESSWIRE / July 14, 2024 / Pomerantz LLP is investigating claims on behalf of investors of The Toro Company ("Toro" or the "Company") (NYSE:TTC). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.
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What type of business is Toro?
Toro Corp., a shipping company, acquires, owns, charters, and operates oceangoing tanker vessels and provides seaborne transportation services for crude oil LPG, and refined petroleum products worldwide. The company operates in three segments: Aframax/LR2 Tanker, Handysize Tanker, and LPG Carrier. As of December 31, 2023, it operated a fleet of one Handysize tanker vessel; one Aframax/LR2 vessel; and four LPG carrier vessels with an aggregate cargo carrying capacity of 0.1 million deadweight ton. Toro Corp. was incorporated in 2022 and is based in Limassol, Cyprus.
What sector is Toro in?
Toro is in the Industrials sector
What industry is Toro in?
Toro is in the Marine Shipping industry
What country is Toro from?
Toro is headquartered in Cyprus
When did Toro go public?
Toro initial public offering (IPO) was on 03 March 2023
What is Toro website?
https://www.torocorp.com
Is Toro in the S&P 500?
No, Toro is not included in the S&P 500 index
Is Toro in the NASDAQ 100?
No, Toro is not included in the NASDAQ 100 index
Is Toro in the Dow Jones?
No, Toro is not included in the Dow Jones index
When was Toro the previous earnings report?
No data
When does Toro earnings report?
The next expected earnings date for Toro is 12 February 2025