UBS Group Issues Pessimistic Forecast for Toll Brothers (NYSE:TOL) Stock Price

Toll Brothers (NYSE:TOL - Get Free Report) had its price target cut by equities research analysts at UBS Group from $185.00 to $183.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage currently has a "buy" rating on the construction company's stock. UBS Group's target price points to a potential upside of 64.20% from the company's current price.

Other equities research analysts also recently issued reports about the company. Oppenheimer restated an "outperform" rating and issued a $189.00 target price on shares of Toll Brothers in a research report on Thursday, December 12th. Seaport Res Ptn upgraded Toll Brothers from a "strong sell" rating to a "hold" rating in a research report on Monday, January 27th. JPMorgan Chase & Co. reiterated a "neutral" rating and set a $150.00 price objective (down previously from $166.00) on shares of Toll Brothers in a research report on Friday, December 13th. Bank of America cut their price objective on Toll Brothers from $156.00 to $140.00 and set a "buy" rating for the company in a research report on Thursday. Finally, Keefe, Bruyette & Woods downgraded Toll Brothers from an "outperform" rating to a "market perform" rating and cut their price objective for the company from $168.00 to $164.00 in a research report on Tuesday, December 10th. One analyst has rated the stock with a sell rating, six have given a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Toll Brothers currently has a consensus rating of "Moderate Buy" and a consensus price target of $150.86.

Toll Brothers Price Performance

TOL traded down $3.70 during trading on Thursday, reaching $111.45. The stock had a trading volume of 2,213,357 shares, compared to its average volume of 1,760,661. The firm has a market capitalization of $11.13 billion, a price-to-earnings ratio of 7.67, a price-to-earnings-growth ratio of 0.99 and a beta of 1.76. The company has a quick ratio of 0.80, a current ratio of 4.65 and a debt-to-equity ratio of 0.35. Toll Brothers has a 1-year low of $107.79 and a 1-year high of $169.52. The stock has a 50 day moving average of $129.02 and a two-hundred day moving average of $141.40.

Toll Brothers (NYSE:TOL - Get Free Report) last released its earnings results on Tuesday, February 18th. The construction company reported $1.75 earnings per share for the quarter, missing analysts' consensus estimates of $1.99 by ($0.24). The firm had revenue of $1.86 billion during the quarter, compared to analyst estimates of $1.91 billion. Toll Brothers had a return on equity of 18.32% and a net margin of 14.03%. As a group, equities analysts anticipate that Toll Brothers will post 14.15 EPS for the current fiscal year.

Insider Activity

In other news, Director Christine Garvey sold 204 shares of the company's stock in a transaction on Monday, December 30th. The shares were sold at an average price of $125.78, for a total value of $25,659.12. Following the transaction, the director now directly owns 7,728 shares of the company's stock, valued at approximately $972,027.84. This represents a 2.57 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Paul E. Shapiro sold 3,837 shares of the company's stock in a transaction on Monday, December 16th. The stock was sold at an average price of $134.14, for a total transaction of $514,695.18. Following the completion of the transaction, the director now directly owns 119,937 shares in the company, valued at $16,088,349.18. This trade represents a 3.10 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 15,202 shares of company stock worth $1,947,436 over the last quarter. Corporate insiders own 1.54% of the company's stock.

Hedge Funds Weigh In On Toll Brothers

Hedge funds have recently bought and sold shares of the business. ORG Partners LLC acquired a new position in Toll Brothers during the fourth quarter worth $25,000. Capital Performance Advisors LLP bought a new stake in Toll Brothers during the third quarter valued at about $27,000. Brooklyn Investment Group bought a new stake in shares of Toll Brothers in the third quarter valued at about $27,000. Lee Danner & Bass Inc. bought a new stake in shares of Toll Brothers in the fourth quarter valued at about $27,000. Finally, Larson Financial Group LLC lifted its stake in Toll Brothers by 57.9% during the third quarter. Larson Financial Group LLC now owns 180 shares of the construction company's stock worth $28,000 after purchasing an additional 66 shares during the period. 91.76% of the stock is owned by institutional investors and hedge funds.

Toll Brothers Company Profile

Toll Brothers, Inc, together with its subsidiaries, designs, builds, markets, sells, and arranges finance for a range of detached and attached homes in luxury residential communities in the United States. It designs, builds, markets, and sells condominiums through Toll Brothers City Living. The company also develops a range of single-story living and first-floor primary bedroom suite home designs, as well as communities with recreational amenities, such as golf courses, marinas, pool complexes, country clubs, and fitness and recreation centers; and develops, operates, and rents apartments.