The Price Target For Toll Brothers Inc. (TOL)?

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Toll Brothers Inc. (NYSE:TOL) traded with a subtraction of -$0.27 to $42.67 on Thursday, a downside of -0.64 percent. An average of 1,930,097 shares of common stock have been traded in the last five days. There was a fall of -$0.56 in the past week, and it reached a new high 16 times over the past 12 months. The last 20 days have seen an average of 1,879,454 shares traded, while the 50-day average volume stands at 1,656,538.

TOL stock has decreased by -5.69% in the last month. The company shares reached their 1-month lowest point of $42.23 on 09/22/22. With the stock rallying to its 52-week high on 01/03/22, shares of the company touched a low of $40.19 and a high of $75.61 in 52 weeks. It has reached a new high 1 time so far this year and lost -40.68% or -$30.14 in price. In spite of this, the price is down -43.57% from the 52-week high.


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Insider Transactions

267 days have passed since Toll Brothers Inc. (TOL) last reported insider trading activity. Yearley Douglas C. Jr., who is Chief Executive Officer, most recently acquired $25,000 shares at $72.13 per share on Dec 29. In this transaction, the insider spent $1,803,200. Director, MARBACH CARL B, disposed of 10,000 shares at a price of $72.28 on Dec 28. The insider now owns more than $722,780 worth of shares. Prior to that, Chief Financial Officer Connor Martin P. went on to Sale 5,000 shares at $70.97 each on Dec 27. An amount of $354,830 was transacted.

Valuation Metrics

Toll Brothers Inc. (TOL) has a trailing price-to-earnings (P/E) ratio of 5.08. The stock’s beta is 1.48. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.50, the price-to-book (PB) ratio at 0.90, and the price-to-cash flow ratio at 10.77.

The company has a payout ratio of 8.60%. The company’s most recent quarterly dividend payment was $0.20 a share, without any change from last year. Its latest increase dividend $0.03 reported on Tuesday March 8 2022.

Financial Health

Further, the company has a long term debt to equity ratio of 0.60 and a total debt to equity ratio of 0.60 for the quarter ending April 29. Its gross profit as reported stood at $1.94 billion compared to revenue of $8.79 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Toll Brothers Inc.’s return on assets was 8.90%.

Earnings Surprise

For the three-month period that ended April 29, Toll Brothers Inc. had $146.87 million in cash and short-term investments compared to $1.2 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $220.59 million in the quarter, while revenues of $151.9 million were grew 42.03%. The analyst consensus anticipated Toll Brothers Inc.’s latest quarter earnings to come in at $1.54 per share, but it turned out to be $1.85, a 20.10% surprise. For the quarter, EBITDA amounted to $381.4 million. Shareholders own equity worth $13.33 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Toll Brothers Inc. (TOL) price momentum. RSI 9-day as of the close on 21 September was 35.26%, suggesting the stock is Neutral, with historical volatility in this time frame at 38.69%.

As of today, TOL’s price is $43.39 -1.31% or -$0.56 from its 5-day moving average. TOL is currently trading -8.59% lower than its 20-day SMA and -8.89% lower than its 100-day SMA. However, the stock’s current price level is -12.27% below the SMA50 and -40.37% below the SMA200.

The stochastic %K and %D were 14.70% and 29.02%, respectively, and the average true range (ATR) was 1.41. With the 14-day stochastic at 0.49% and the average true range at 1.47, the RSI (14) stands at 37.69%. The stock has reached -0.63 on the 9-day MACD Oscillator while the 14-day reading was at -0.87.

Analyst Ratings

KeyBanc Capital Markets upgraded Toll Brothers Inc. (NYSE: TOL) to a a Sector weight rating in its most recent analyst report. Previously, the stock was rated as an Underweight. The consensus rating for Toll Brothers Inc. (TOL) among analysts is Hold. According to current brokerage recommendations, 2 brokerage firms advise that investors sell TOL, while 10 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 2 analysts, while 5 others rate it as a “buy”.

What is TOL’s price target for the next 12 months?

Analysts predict a range of price targets between $44.00 and $75.00, with a median target of $49.00. Taking a look at these predictions, the average price target given by analysts for Toll Brothers Inc. (TOL) stock is $53.23.

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