On May 25, 2006, I posted Toro (TTC) as a 'revisit' on Stock Picks Bob's Advice when the stock was trading at $47.89/share. Toro closed at $53.02 on November 23, 2007, for a gain of $5.13 or 10.7% since posting.
On August 23, 2007, Toro (TTC) reported 3rd quarter 2007 results . The company reported revenue of $478.7
million, up slightly from revenue of $477.9 million in the same quarter the prior year. Net earnings came in at $42.5 million or $1.02/diluted share, up from $40.3 million or $.91/diluted share the prior year.
The Morningstar.com "5-Yr Restated" financials page is intact, with steady revenue growth, earnings growth, dividend growth and free cash flow growth. The outstanding shares have been modestly declining and the balance sheet is solid.
TORO (TTC) IS RATED A BUY
Let's take a look at the 'point & figure' chart from StockCharts.com :
We can see that while the stock price momentum has recently been under pressure, the upward move of this stock is still intact.