Toll Brothers Inc. (NYSE:TOL) finished Friday with a subtraction of -$0.02 to close at $79.47, a downside of -0.03 percent. An average of 970,900 shares of common stock have been traded in the last five days. There was a gain of $0.08 in the past week, and it reached a new high 30 times over the past 12 months. The last 20 days have seen an average of 1,328,600 shares traded, while the 50-day average volume stands at 1,588,124.
TOL stock has decreased by -3.06% in the last month. The company shares reached their 1-month lowest point of $76.67 on 08/03/23. With the stock rallying to its 52-week high on 07/18/23, shares of the company touched a low of $39.53 and a high of $83.72 in 52 weeks. It has reached a new high 31 times so far this year and achieved 59.19% or $29.55 in price. In spite of this, the price is down -5.08% from the 52-week high.
Insider Transactions
TOL stock investors should be aware that Toll Brothers Inc. (TOL) stock had its last reported insider trading activity 29 days ago on Jul 14. In this transaction, the insider spent $1,665,082. Chief Executive Officer, Yearley Douglas C. Jr., disposed of 50,000 shares at a price of $81.90 on Jul 13. The insider now owns more than $4,094,920 worth of shares. Prior to that, Chief Financial Officer Connor Martin P. went on to Sale 4,658 shares at $81.60 each on Jul 12. An amount of $380,097 was transacted.
Valuation Metrics
Toll Brothers Inc. (TOL) has a trailing price-to-earnings (P/E) ratio of 6.34. The stock’s beta is 1.41. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.81, the price-to-book (PB) ratio at 1.38, and the price-to-cash flow ratio at 7.24.
The company has a payout ratio of 6.40%. The company’s most recent quarterly dividend payment was $0.21 a share, without any change from last year. Its latest increase dividend $0.01 reported on Thursday March 9 2023.
Financial Health
Further, the company has a long term debt to equity ratio of 0.44 and a total debt to equity ratio of 0.44 for the quarter ending April 29. Toll Brothers Inc.’s EBITDA margin for the year ending April 29 is 15.43%, while its operating margin for the same period stands at 17.80%. Its gross profit as reported stood at $2.49 billion compared to revenue of $10.28 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 11.90%.
Earnings Surprise
For the three-month period that ended April 29, Toll Brothers Inc. had $112.6 million in cash and short-term investments compared to $1.14 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 $320.22 million in the quarter, while revenues of $191.53 million were grew 52.56%. The analyst consensus anticipated Toll Brothers Inc.’s latest quarter earnings to come in at $1.91 per share, but it turned out to be $2.85, a 49.20% surprise. For the quarter, EBITDA amounted to $490.83 million. Shareholders own equity worth $109.34 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 11 August was 47.66%, suggesting the stock is Neutral, with historical volatility in this time frame at 20.83%.
As of today, TOL’s price is $80.10 +0.10% or $0.08 from its 5-day moving average. TOL is currently trading -4.85% lower than its 20-day SMA and +38.06% higher than its 100-day SMA. However, the stock’s current price level is +17.39% above the SMA50 and +89.67% above the SMA200.
The stochastic %K and %D were 62.98% and 67.36%, respectively, and the average true range (ATR) was 1.81. With the 14-day stochastic at 53.48% and the average true range at 1.82, the RSI (14) stands at 51.30%. The stock has reached 0.08 on the 9-day MACD Oscillator while the 14-day reading was at -0.05.
Analyst Ratings
Raymond James upgraded Toll Brothers Inc. (NYSE: TOL) to a a Strong buy rating in its most recent analyst report. Previously, the stock was rated as an Outperform.
