As of Wednesday close, Toll Brothers Inc.’s (NYSE:TOL) stock was down -$1.25, moving down -1.54 percent to $80.14. The average number of shares traded per day over the past five days has been 1,200,760 shares. 2 times new highs have been achieved over the past 5 days, with a -$0.38 fall in that time frame. In the last twenty days, the average volume was 1,281,290, while in the previous 50 days, it was 1,560,484.
Since last month, TOL stock retreated -3.00%. Shares of the company fell to $76.67 on 08/03/23, the lowest level in the past month. A 52-week high of $83.72 was reached on 07/18/23 after having rallying from a 52-week low of $39.53. Since the beginning of this year, TOL’s stock price has risen by 60.54% or $30.22, and marked a new high 31 times. However, the stock has declined by -4.28% since its 52-week high.
TOL stock investors should be aware that Toll Brothers Inc. (TOL) stock had its last reported insider trading activity 34 days ago on Jul 14. Yearley Douglas C. Jr., the Chief Executive Officer of the company, disposed of 20,000 shares for $83.25 on Jul 14. It resulted in a $1,665,082 divestment by the insider. Yearley Douglas C. Jr. sold 50,000 shares at an average price of $81.90 on Jul 13. The insider now owns 246,547 shares following the transaction. On Jul 12, Chief Financial Officer Connor Martin P. sold 4,658 shares at $81.60 apiece. The transaction was valued at $380,097.
Valuation Metrics
Right now, Toll Brothers Inc. (TOL) has a P/E ratio of about 6.39. The stock’s beta is 1.41. Besides these, the trailing price-to-sales (P/S) ratio of 0.84, the price-to-book (PB) ratio of 1.39, and the price-to-cash flow ratio of 6.93 may also be considered.
The latest dividend of $0.21 per share was paid out, remained unchanged from last year’s $0.21. On Thursday March 9 2023, a $0.01 dividend increase was announced.
Financial Health
According to company report, the long-term debt-to-equity ratio for the quarter ending April 29 was 0.44, and the total debt-to-equity ratio was 0.44. On the profitability front, the trailing twelve-month gross margin is 25.20% percent. In the year ended April 29, EBITDA margin amounted to 15.43%, whereas operating margins totaled 17.80%. Based on annual data, TOL earned $2.49 billion in gross profit and brought in $10.28 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 13.20%. Return on equity (ROE) for the past 12 months was 23.60%.
In Toll Brothers Inc.’s quarter-end financial report for April 29, it reported total debt of $1.14 billion against cash and short-term investments of $112.6 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. TOL’s revenue rose 28.56% to $1.78 billion during the quarter, while net income inched up to $2.51 billion. While analysts expected Toll Brothers Inc. to report $1.91 quarterly earnings, the actual figure was $2.85 per share, beating the consensus estimate by 49.20%. During the quarter, the company generated $490.83 million in EBITDA. The liabilities of Toll Brothers Inc. were 5.55 billion at the end of its most recent quarter ended April 29, and its total debt was $2.98 billion. The value of shareholders’ equity is $109.34 million.
Technical Picture
This quick technical analysis looks at Toll Brothers Inc.’s (TOL) price momentum. With a historical volatility rate of 18.32%, the RSI 9-day stood at 50.74% on 16 August.
With respect to its five-day moving average, the current Toll Brothers Inc. price is down by -0.47% percent or -$0.38. At present, TOL shares trade -2.24% below its 20-day simple moving average and +37.44% percent above its 100-day simple moving average. However, the stock is currently trading approximately +13.13% above its SMA50 and +84.95% above its SMA200.
Stochastic coefficient K was 71.72% and Stochastic coefficient D was 67.51%, while ATR was 1.83. Given the Stochastic reading of 59.15% for the 14-day period, the RSI (14) reading has been calculated as 52.85%. As of today, the MACD Oscillator reading stands at 0.49, while the 14-day reading stands at 0.69.
Analyst Ratings
Raymond James upgraded its rating on Toll Brothers Inc. (NYSE: TOL) to a Strong buy in a note to investors on July 14, 2023. The analysts firm previously had an Outperform rating on the stock.Toll Brothers Inc. (TOL) has been rated Overweight by analysts. According to 2 brokerage firms, TOL is a sell, and 7 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Toll Brothers Inc. stock as buy, with 11 recommending it as overweight.
With a median target price of $86.00, the current consensus forecast for the stock is $70.00 – $100.00. Based on these forecasts, analysts predict Toll Brothers Inc. (TOL) will achieve an average price target of $84.93.
