Toll Brothers Inc. (NYSE:TOL) finished Friday with a subtraction of -$0.43 to close at $73.96, a downside of -0.58 percent. An average of 1,539,760 shares of common stock have been traded in the last five days. There was a fall of -$0.11 in the past week, and it reached a new high 40 times over the past 12 months. The last 20 days have seen an average of 1,864,585 shares traded, while the 50-day average volume stands at 1,738,404.
TOL stock has decreased by -9.41% in the last month. The company shares reached their 1-month lowest point of $72.57 on 09/26/23. With the stock rallying to its 52-week high on 09/01/23, shares of the company touched a low of $39.53 and a high of $84.57 in 52 weeks. It has reached a new high 32 times so far this year and achieved 48.16% or $24.04 in price. In spite of this, the price is down -12.55% 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 Sep 01. In this transaction, the insider spent $420,550. Director, MARBACH CARL B, disposed of 3,694 shares at a price of $84.02 on Sep 01. The insider now owns more than $310,370 worth of shares. Prior to that, Chief Executive Officer Yearley Douglas C. Jr. went on to Sale 20,000 shares at $83.25 each on Jul 14. An amount of $1,665,082 was transacted.
Valuation Metrics
Toll Brothers Inc. (TOL) has a trailing price-to-earnings (P/E) ratio of 5.31. The stock’s beta is 1.42. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.74, the price-to-book (PB) ratio at 1.19, and the price-to-cash flow ratio at 4.32.
Financial Health
The quick ratio of Toll Brothers Inc. for the three months ended July 30 was 0.42, and the current ratio was 3.65, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.42 and a total debt to equity ratio of 0.44 for the quarter ending July 30. 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 13.01%.
Earnings Surprise
For the three-month period that ended July 30, Toll Brothers Inc. had $1.16 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 $414.79 million in the quarter, while revenues were grew 34.07%. The analyst consensus anticipated Toll Brothers Inc.’s latest quarter earnings to come in at $2.84 per share, but it turned out to be $3.73, a 31.30% surprise. For the quarter, EBITDA amounted to $528.9 million. Shareholders own equity worth $107.48 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 29 September was 37.58%, suggesting the stock is Neutral, with historical volatility in this time frame at 25.01%.
As of today, TOL’s price is $73.64 -0.15% or -$0.11 from its 5-day moving average. TOL is currently trading -9.73% lower than its 20-day SMA and +15.13% higher than its 100-day SMA. However, the stock’s current price level is -5.89% below the SMA50 and +49.60% above the SMA200.
The stochastic %K and %D were 12.43% and 8.80%, respectively, and the average true range (ATR) was 2.07. With the 14-day stochastic at 13.65% and the average true range at 2.14, the RSI (14) stands at 39.88%. The stock has reached -0.62 on the 9-day MACD Oscillator while the 14-day reading was at -2.28.
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. The consensus rating for Toll Brothers Inc. (TOL) among analysts is Overweight. According to current brokerage recommendations, 2 brokerage firms advise that investors sell TOL, while 6 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 10 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 $75.00 and $110.00, with a median target of $95.00. Taking a look at these predictions, the average price target given by analysts for Toll Brothers Inc. (TOL) stock is $94.77.
