Richard Olson - Toro Chairman

TTC Stock  USD 86.88  0.70  0.81%   

Chairman

Mr. Richard M. Olson is an Chairman of the Board, President, Chief Executive Officer of the Company. Mr. Olson is our Chairman of the Board, President and Chief Executive Officer, and we generally refer to him in this proxy statement as our Chairman and CEO. Mr. Olson was appointed as Chairman in November 2017, was elected as Chief Executive Officer in November 2016 and was elected President in September 2015. Previously, he served as Chief Operating Officer from September 2015 through October 2016 Group Vice President, International Business, Micro Irrigation Business and Distributor Development from June 2014 to September 2015 Vice President, International Business from March 2013 to June 2014 Vice President, Exmark from March 2012 to March 2013 and General Manager, Exmark from September 2010 to March 2012. since 2017.
Age 60
Tenure 7 years
Address 8111 Lyndale Avenue South, Bloomington, MN, United States, 55420-1196
Phone952 888 8801
Webhttps://www.thetorocompany.com
Olson became Chairman of the Board since November 2017 and President and Chief Executive Officer since November 2016. From September 2015 through October 2016, he served as President and Chief Operating Officer. From June 2014 through August 2015, he served as Group Vice President, International Business, Global MicroIrrigation Business, and Distributor Development. From March 2013 through May 2014, he served as Vice President, International Business. From March 2012 to March 2013, he served as Vice President, Exmark.

Toro Management Efficiency

The company has Return on Asset of 0.0919 % which means that on every $100 spent on assets, it made $0.0919 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2565 %, implying that it generated $0.2565 on every 100 dollars invested. Toro's management efficiency ratios could be used to measure how well Toro manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Capital Employed is expected to grow to 0.19, whereas Return On Tangible Assets are forecasted to decline to 0.09. At present, Toro's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 133.4 M, whereas Non Currrent Assets Other are forecasted to decline to about 23.9 M.
Toro Co has 1.16 B in debt with debt to equity (D/E) ratio of 0.88, which is OK given its current industry classification. Toro has a current ratio of 1.56, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Toro to invest in growth at high rates of return.

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The Toro Company engages in the designing, manufacturing, marketing, and selling professional and residential equipment worldwide. The Toro Company was founded in 1914 and is headquartered in Bloomington, Minnesota. Toro operates under Tools Accessories classification in the United States and is traded on New York Stock Exchange. It employs 10982 people. Toro Co (TTC) is traded on New York Stock Exchange in USA. It is located in 8111 Lyndale Avenue South, Bloomington, MN, United States, 55420-1196 and employs 10,706 people. Toro is listed under Agricultural & Farm Machinery category by Fama And French industry classification.

Management Performance

Toro Leadership Team

Elected by the shareholders, the Toro's board of directors comprises two types of representatives: Toro inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Toro. The board's role is to monitor Toro's management team and ensure that shareholders' interests are well served. Toro's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Toro's outside directors are responsible for providing unbiased perspectives on the board's policies.
Joanna Totsky, General VP
Blake Grams, Vice President - Sustainability, Business Analytics and Process Improvement
Katherine Harless, Independent Director
Eric Hansotia, Director
Kevin Smith, Vice Witch
Richard Olson, Chairman of the Board, President, Chief Executive Officer
Kurt Svendsen, Vice President - Strategy, Corporate and Channel Development
Janet Cooper, Independent Director
Jeffrey Harmening, Independent Director
Gregg Steinhafel, Independent Director
Thomas Swain, Managing Development
James ORourke, Independent Director
Richard Rodier, Group Vice President - Construction, Contractor and Residential Businesses
Jason Baab, Corporate Strategy
Amy Dahl, Vice President - Human Resources and Distributor Development, General Counsel, Corporate Secretary
Jeffrey Ettinger, Independent Director
Bradley Hamilton, Group Vice President - Commercial, International, Ventrac and Irrigation Businesses
Angie Drake, Vice President - Construction
Joyce Mullen, Independent Director
Branden Happel, Senior Relations
Gregory Janey, Vice President - Residential and Landscape Contractor Businesses
Gary Ellis, Lead Independent Director
Jill Pemberton, Director
Edric Funk, Grounds Golf
Peter Moeller, Vice President - Sitework Systems Business
Angie Snavely, Corporate Director
Darren Redetzke, Vice President - International Business
Michael Vale, Independent Director
Jody Christy, Vice President - BOSS
D Koch, Independent Director
Renee Peterson, Chief Financial Officer, Vice President, Treasurer
Julie Kerekes, Senior Treasurer
Angela Drake, VP CFO
Margeaux King, Vice Resources
Kevin Carpenter, Vice President - Global Operations and Integrated Supply Chain

Toro Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Toro a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

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When determining whether Toro offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Toro's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Toro Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Toro Co Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Toro Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
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You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Agricultural & Farm Machinery space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Toro. If investors know Toro will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Toro listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.13)
Dividend Share
1.42
Earnings Share
3.81
Revenue Per Share
43.11
Quarterly Revenue Growth
0.069
The market value of Toro is measured differently than its book value, which is the value of Toro that is recorded on the company's balance sheet. Investors also form their own opinion of Toro's value that differs from its market value or its book value, called intrinsic value, which is Toro's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Toro's market value can be influenced by many factors that don't directly affect Toro's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Toro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Toro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Toro's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.