ZACKS·2025-11-04 18:01Core Viewpoint - Toro (TTC) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive trend in earnings estimates which is a significant factor influencing stock prices [1][2]. Earnings Estimates and Stock Price Movement - The Zacks rating system emphasizes the importance of changing earnings estimates in determining short-term stock price movements, making it a valuable tool for investors [2][3]. - The correlation between earnings estimate revisions and stock price movements is strong, with institutional investors using these estimates to assess fair value, leading to significant trading activity that affects stock prices [3]. Toro's Earnings Outlook - For the fiscal year ending October 2025, Toro is expected to earn $4.15 per share, which remains unchanged from the previous year, but analysts have raised their estimates by 0.9% over the past three months [7]. Zacks Rank System - The Zacks Rank system categorizes stocks into five groups based on earnings estimates, with a proven track record of Zacks Rank 1 stocks yielding an average annual return of +25% since 1988 [6]. - The upgrade of Toro to a Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting a strong potential for market-beating returns in the near term [9].