As of Thursday close, Toll Brothers Inc.’s (NYSE:TOL) stock was down -$2.98, moving down -3.89 percent to $73.63. The average number of shares traded per day over the past five days has been 2,366,400 shares. 1 time new highs have been achieved over the past 5 days, with a -$7.09 fall in that time frame. In the last twenty days, the average volume was 2,052,465, while in the previous 50 days, it was 1,760,246.
Since last month, TOL stock retreated -3.02%. Shares of the company fell to $72.83 on 09/21/23, the lowest level in the past month. A 52-week high of $84.57 was reached on 09/01/23 after having rallying from a 52-week low of $39.53. Since the beginning of this year, TOL’s stock price has risen by 47.50% or $23.71, and marked a new high 32 times. However, the stock has declined by -12.94% since its 52-week high.
TOL stock investors should be aware that Toll Brothers Inc. (TOL) stock had its last reported insider trading activity 21 days ago on Sep 01. Connor Martin P., the Chief Financial Officer of the company, disposed of 5,000 shares for $84.11 on Sep 01. It resulted in a $420,550 divestment by the insider. MARBACH CARL B sold 3,694 shares at an average price of $84.02 on Sep 01. The insider now owns 51,066 shares following the transaction. On Jul 14, Chief Executive Officer Yearley Douglas C. Jr. sold 20,000 shares at $83.25 apiece. The transaction was valued at $1,665,082.
Valuation Metrics
Right now, Toll Brothers Inc. (TOL) has a P/E ratio of about 5.29. The stock’s beta is 1.42. Besides these, the trailing price-to-sales (P/S) ratio of 0.77, the price-to-book (PB) ratio of 1.21, and the price-to-cash flow ratio of 4.46 may also be considered.
The latest dividend of $0.21 per share was paid out, remained unchanged from last year’s $0.21.
Financial Health
According to company report, the long-term debt-to-equity ratio for the quarter ending July 30 was 0.42, and the total debt-to-equity ratio was 0.42. On the profitability front, the trailing twelve-month gross margin is 26.20% percent. In the year ended July 30, EBITDA margin amounted to 15.43%, whereas operating margins totaled 19.00%. 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 24.80%.
In Toll Brothers Inc.’s quarter-end financial report for July 30, it reported total debt of $1.16 billion. 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 7.18% to $2.51 billion during the quarter, while net income inched up to $2.69 billion. While analysts expected Toll Brothers Inc. to report $2.84 quarterly earnings, the actual figure was $3.73 per share, beating the consensus estimate by 31.30%. During the quarter, the company generated $528.9 million in EBITDA. The liabilities of Toll Brothers Inc. were 5.64 billion at the end of its most recent quarter ended July 30, and its total debt was $2.97 billion. The value of shareholders’ equity is $107.48 million.
Technical Picture
This quick technical analysis looks at Toll Brothers Inc.’s (TOL) price momentum. With a historical volatility rate of 29.96%, the RSI 9-day stood at 29.19% on 21 September.
With respect to its five-day moving average, the current Toll Brothers Inc. price is down by -8.78% percent or -$7.09. At present, TOL shares trade -6.62% below its 20-day simple moving average and +15.21% percent above its 100-day simple moving average. However, the stock is currently trading approximately -10.38% below its SMA50 and +53.75% above its SMA200.
Stochastic coefficient K was 7.97% and Stochastic coefficient D was 12.74%, while ATR was 2.48. Given the Stochastic reading of 6.81% for the 14-day period, the RSI (14) reading has been calculated as 35.85%. As of today, the MACD Oscillator reading stands at -2.36, while the 14-day reading stands at -3.44.
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 6 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate Toll Brothers Inc. stock as buy, with 10 recommending it as overweight.
With a median target price of $95.00, the current consensus forecast for the stock is $75.00 – $110.00. Based on these forecasts, analysts predict Toll Brothers Inc. (TOL) will achieve an average price target of $94.77.
